Finance

UAE banking sector shows robust growth as assets surpass $1.5tr in Early 2026

Miguel Hadchity 26/03/2026

Photo Credit:  WAM Dubai, UAE — March 2026 — New data from the Central Bank of the UAE revealed a positive trajectory for the nation’s financial sector, marked by broad-based growth in assets, credit, and money supply at the start of the year. According to the data carried by the Emirates News

Business Finance

UAE rejects rumours of capital transfer restrictions, reaffirms investor-friendly policies

News Editor 19/03/2026

Photo Credit : WAM The UAE Ministry of Economy and Tourism has dismissed reports circulating on social media that claim the country is imposing restrictions on capital movement or limiting foreign investors’ ability to transfer and manage their funds. In an official clarification, the Ministry confirmed that such claims are inaccurate and do not reflect […]

Finance UAE

UAE markets to resume trading on Wednesday following supervisory coordination

Miguel Hadchity 03/03/2026

Photo Credit: WAM Dubai, UAE — March 2026 — Financial markets in the UAE are set to recommence operations this week, as regulators confirm the resumption of trading and settlement activities following a period of continued oversight. The UAE Capital Market Authority has announced that trading and settlement on both the Abu Dhabi Securities Exchange […]

Business Finance UAE

Nasdaq Dubai to Close Temporarily on March 2–3

News Editor 02/03/2026

Photo Credit : WAM Dubai, UAE — The Dubai Financial Services Authority (DFSA) has announced the temporary closure of Nasdaq Dubai on Monday, March 2, 2026, and Tuesday, March 3, 2026. The decision applies to all trading activities on Nasdaq Dubai, the international financial exchange headquartered in the Dubai International Financial Centre (DIFC). Nasdaq Dubai […]

Finance UAE

UAE shut down stock markets for two days as the country continues to endure attacks

Miguel Hadchity 02/03/2026

Photo Credit: X/@Reuters Dubai, UAE — March 2026 — The UAE has shut its stock markets for two days amid a series of attacks on Dubai and Abu Dhabi, following Iran’s retaliatory strikes against US targets in the Gulf. The escalation comes after a joint US-Israeli operation in Iran resulted in the death of Supreme […]

Corporate Finance

Abu Dhabi new business licences surge 29% in 2025, driven by streamlined reforms

Miguel Hadchity 26/02/2026

Dubai, UAE — February 2026 — The Abu Dhabi Registration Authority, the licensing arm of the Abu Dhabi Department of Economic Development, has announced a significant surge in business activity across the emirate, with the number of new economic licences issued in 2025 growing by 29 percent compared to the previous year. According to the […]

Finance UAE

UAE Ministry of Finance Issues Official Electronic Invoicing Guidelines to Support System Rollout

News Editor 24/02/2026

Photo Credit : WAM The Ministry of Finance (MoF) has released the country’s official Electronic Invoicing Guidelines, providing businesses with a detailed framework to prepare for the rollout of the UAE’s new eInvoicing system. The comprehensive guide serves as a reference document outlining how the national electronic invoicing framework will operate, what entities fall

Finance

CBUAE and UAE Internal Auditors Association join forces to strengthen financial oversight

Miguel Hadchity 23/02/2026

Photo Credit: WAM Dubai, UAE — February 2026 — The Central Bank of the UAE and the Internal Auditors Association have entered into a strategic partnership aimed at enhancing the business environment and modernizing regulatory frameworks within the nation’s financial sector. According to the Emirates News Agency, a Memorandum of Understanding formalizing the collaboration

Corporate Finance

Sharjah’s economy surges in 2025 with record licences, digital innovation, and 97% Emiratisation rate

Miguel Hadchity 17/02/2026

Photo Credit: WAM Dubai, UAE — February 2026 — The Sharjah Economic Development Department has declared 2025 a landmark year of transformative growth, unveiling impressive metrics that underscore the emirate’s strengthening position as a competitive and sustainable economic hub. Hamad Ali Abdullah Al Mahmoud, chairman of SEDD and member of the Sharjah Executive Council,

Finance

UAE sees 65% surge in gold reserves for 2025, CBUAE data shows

Miguel Hadchity 12/02/2026

Photo Credit: CBUAE Dubai, UAE — February 2026 — The Central Bank of the UAE recorded a substantial 64.93 percent increase in its gold reserves throughout 2025, with holdings reaching AED37.902 billion ($10.3 billion) by December’s end, according to the institution’s monthly statistical bulletin. statistical-bulletin-december-2025 This marks a significant rise from the

Finance

UAE strengthens tax transparency with new framework for international information exchange

Miguel Hadchity 11/02/2026

Photo Credit: WAM Dubai, UAE — February 2026 — The UAE Ministry of Finance has issued Cabinet Decision No. 209 of 2025, establishing a unified legislative framework for the Exchange of Information upon Request for tax purposes. According to the Emirates News Agency, this move reinforces the nation’s existing framework for international tax cooperation and […]

Finance

Dubai hosts Tenth Annual Arab Fiscal Forum ahead of World Governments Summit 2026

News Editor 02/02/2026

Photo Credit : WAM The Tenth Annual Arab Fiscal Forum opened on Tuesday at Madinat Jumeirah in Dubai, bringing together senior policymakers and economic leaders from across the region to discuss the future of fiscal policy in the Arab world. Organised by the Ministry of Finance in cooperation with the Arab Monetary Fund and the […]

Finance

DFM posts record $288m profit in milestone 25th year

Miguel Hadchity 30/01/2026

Photo Credit: WAM Dubai, UAE — January 2026 — The Dubai Financial Market has announced a landmark net profit before tax of AED1.06 billion ($288.6 million) for the fiscal year ended 31 December 2025. According to the Emirates News Agency, this robust performance was driven by strong trading activity, expanding international participation, and sustained confidence […]

Finance

US Federal Reserve holds interest rates steady; Gulf central banks follow suit

Miguel Hadchity 29/01/2026

Dubai, UAE — January 2026 — The US Federal Reserve held its benchmark interest rate steady on Wednesday, maintaining the target range between 3.5 percent and 3.75 percent. The decision aligned with market expectations, with ten officials voting in favor of the pause. However, the move was not unanimous, as two governors dissented in favor […]

Finance

UAE unveils landmark company law reforms to fuel investment and business dynamism

Miguel Hadchity 15/01/2026

Photo Credit: WAM Dubai, UAE — January 2026 — The United Arab Emirates has embarked on a transformative new phase in its commercial legislation, introducing sweeping amendments designed to solidify its status as a premier global hub for business and investment. Abdulla bin Touq Al Marri, minister of economy and tourism, detailed the historic reforms, […]

Finance

UAE economy to grow 5% in 2026 and 5.1% in 2027, World Bank says

Miguel Hadchity 14/01/2026

Photo Credit: WAM Dubai, UAE — January 2026 — The World Bank’s latest Global Economic Prospects report projected steady but sluggish global growth, with the UAE economy expected to expand by 5 percent in 2026 and 5.1 percent in 2027. The report indicated the global economy is proving more resilient than anticipated despite persistent trade […]

Corporate Finance

UAE unveils landmark amendments to Commercial Companies Law to bolster business environment

Miguel Hadchity 08/01/2026

Photo Credit: WAM Dubai, UAE — January 2026 — The UAE Ministry of Economy and Tourism has detailed the far-reaching implications of Federal Decree-Law No. 20 of 2025, which amends the existing Commercial Companies Law. The amendments, spanning 15 articles and introducing a new provision for the formal transfer of company registration between jurisdictions, are […]

Finance

Sharjah approves $12bn budget for 2026, prioritizing infrastructure and economic growth

Miguel Hadchity 30/12/2025

Photo Credit: X/@HHShkDrSultan Dubai, UAE — December 2025 — Sharjah’s Supreme Council Member and Ruler, Sheikh Dr. Sultan bin Mohammed Al Qasimi, has approved the emirate’s general budget for 2026, with total expenditures set at approximately AED 44.5 billion ($12.1 billion). This represents a 3 percent increase over the 2025 budget and is designed to […]

Finance

UAE cements ‘new economy’ as growth engine, hits 56k firms in key future sectors

Miguel Hadchity 22/12/2025

Dubai, UAE — December 2025 — The UAE is steadily sculpting its economic future, transitioning from a foundation built on knowledge and innovation to a dynamic and resilient “new economy” model. Driven by a clear national vision, this transformation leverages advanced technology, flexible legislation, and a deep commitment to sustainability to diversify growth and cement

Finance News Tech UAE

Dubai’s DIFC joins global privacy alliance, pioneering new data standards

Miguel Hadchity 18/12/2025

Photo Credit: WAM Dubai, UAE — December 2025 — The Dubai International Financial Centre has become a member of the Global Cross-Border Privacy Rules Forum, marking a significant milestone as the first jurisdiction outside the Asia-Pacific Economic Cooperation bloc to do so. According to the Emirates News Agency, the announcement was made during a recent […]