The figure marks a 69 per cent increase over the same period in 2020 when 32,626 licenses were issued
It has partnered with the UAE’s Ministry of Climate Change and Environment for the initiative
The $50m fund will invest in early-stage fintech and SaaS companies across the Middle East, Africa and Pakistan
The exchange is selling a 30 per cent stake, or 36 million shares
The fee exemption applies to registered Emirati members who have not completed the five-year period
As the MENA market matures, several nations are shifting towards more sophisticated and customised payment options says Ozgur Ozvardar, vice president and general manager, Verifone Middle East and North Africa
Via the transaction, the firm is marking an entry into the Egyptian commercial banking sector
Property is seen as the most important investment class for Indians in the UAE
The group’s revenues also increased 8 per cent for the first nine months of the year
The programme encompasses incentives including financial and post-listing support
The latest listing brings the bank’s current sukuk value on the exchange to $1bn
Nasser Abdulla Al Awadhi previously served as the group chief of consumer banking at Dubai Islamic Bank
Sharif El-Badawi has been appointed as CEO of the Dubai Future District Fund
StarLink provides cybersecurity and cloud services across the Middle East, Africa and Turkey
DEWA reported net income of $1.3bn for 2019
October’s launch of two Bitcoin futures ETFs marked a major milestone for the industry
The investment firm is diversifying its business with plans to also launch in Saudi soon, says Ali AbdulKareem Ali, senior executive director at Century Financial
There are currently eight Salik toll gates in the city, with three million vehicles registered in the system
The online trading revolution has long started in other parts of the world
The new capital will be used to fuel the growth of its digital lending operations, deepen its AI and predictive analytics capabilities and grow its global talent pool
The tax and compliance technology solution provider is looking to enter the UAE by mid-2022 with e-invoicing and VAT offerings within the country
The two entities will introduce products and services including exchange-traded funds, smart order routing and cross-border direct trading
Gross domestic product expanded by 6.8 per cent compared to the same quarter of 2020
The bank’s operating profit for nine months of the year rose by 14.3 per cent to Dhs2.4bn
The Abu Dhabi Securities Exchange and Abu Dhabi’s Department of Economic Development have submitted a proposal to the Securities and Commodities Authority
Are special purpose acquisitions companies becoming a serious alternate funding avenue for private companies?
Hamed Ahmed Ali was previously appointed as deputy CEO and chief markets officer in July 2020
Spanning 100,000 sq ft, the new HQ will serve almost 90 countries across the Central and Eastern Europe, Middle East and Africa region
It recently acquired ten UK industrial assets for a combined purchase price of GBP56.7m
The offering could value the bourse at between $3bn and $4bn