Financial

News

Sheikh Mohammed issues new law on jurisdiction of Dubai International Financial Centre Courts

The law also stipulates establishment of a mediation services centre allowing parties to negotiate disputes amicably with assistance of mediators…

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Business

Khalifa Fund for Enterprise Development offers new Financial Package for Entrepreneurs

The Khalifa Fund for Enterprise Development (KFED) announced the continuation of its existing funding programmes by offering new financial package…

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Technology

The Evolving Battle: Tackling Advanced Cyber Threats in the Middle East’s Financial Sector

The Middle East’s financial sector is increasingly a target for sophisticated cyberattacks, driven by numerous factors. Mobile financial services, online…

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Technology

Positive Technologies: the Financial Sector Ranks Among the top Five most Targeted Economic Segments Worldwide 

Positive Technologies analyzed cyberthreats in the financial industry, finding that by the end of H1 2024, these organizations placed among…

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Business

MultiBank Group Honored to Receive the Best Global Financial Institution Award at Money Expo Qatar 2024 

MultiBank Group, the world’s largest and most regulated financial derivatives institution, headquartered in Dubai, is proud to announce its recognition…

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News

Masdar and SOCAR Green Achieve Financial Close for 760MW of Solar Projects in Azerbaijan

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and SOCAR Green, a wholly-owned subsidiary of…

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News

ACWA Power Announces USD238 million Aggregate Financial Closing for Absheron-Khizi Wind Farm in Azerbaijan at COP29

ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, has…

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News

The DFSA Fines Vedas International Marketing Management for Unauthorised and Misleading Financial Promotions 

The Dubai Financial Services Authority (DFSA) published today a Decision Notice against Vedas International Marketing Management (Vedas Marketing) for unauthorised…

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News

Travel Ban Asset Freeze: Dubai Amends Law, Penalties for Financial Misconduct by some Employees

The new amendment travel changes provisions of the law on the establishment of the Financial Audit Authority A new law…

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Business

Medallion Associates Launches Institutional Investors Office to Accelerate Financial Asset Growth in Dubai’s Real Estate Market 

In a strategic move to harness untapped financial avenues, investment advisors Medallion Associates have unveiled its Institutional Investor Desk, aiming…

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