Monday, March 2, 2026

bank

UAE: Now, deposit or withdraw cryptocurrencies in dirhams through this bank

UAE residents can now deposit and withdraw UAE dirhams against cryptocurrencies they are holding. Crypto.com and Standard Chartered Bank have tied up to enable near-real-time processing of US dollar, euro and UAE dirham deposits and withdrawals on the cryptocurrency exchange...

The subscription coverage for Mashreq Bank bonds is 4.4 times

Mashreq Bank issues additional Tier 1 bonds worth $500 million, with the lowest return in 5 years. issued Mashreq Bank Additional Tier 1 bonds worth $500 million, with an annual rate of return of 7.125%, with a reset margin of...

Alec UAE chooses two banks to manage a public offering

The Investment Corporation of Dubai acquired Alec in 2017 from the Abu Dhabi-based Al Jaber Group Quoted Bloomberg Agency Informed sources said that Alec Engineering and Contracting Company is owned by...Investment Corporation of Dubai Emirates NBD Capital and JP Morgan...

Dubai billionaire has called for banks to remain open during long holidays

A Dubai billionaire has called for banks to remain open during long holidays as their closure causes “direct harm” to customers and the commercial sector. Khalaf Al Habtoor, founder and chairman of Al Habtoor Group, said the closure of the...

Latest News

Big News from UAE: New Glass-Domed Mosque Opens in Sharjah

As the sun sets over Al Dhaid, the inside of newly opened Al Nasr Mosque begins to glow. Golden...

Dubai Gold Prices Fall Below Dh600/Gram, Drop Dh11 in 24 Hours

Gold prices dropped below Dh600 per gram in Dubai on Friday morning as the yellow metal slipped below $5,000, reaching close to a one-week...

Gold Prices Stable in Dubai Morning Trade – 24K Around Dh610

Gold Prices: At 9am UAE time, the 24K gold price was trading at Dh610.75 per gram, slightly up from last night’s close. Among the...

Dubai Metro New Fines Alert: Dh100 to Dh2,000 Penalties Announced

Dubai: If you’ve ever rushed onto the Dubai Metro only to realise you’re in the wrong cabin, you’re not alone. While it’s a common...

Indian woman missing in Dubai, last location Ajman Police HQ, son seeks help

Disturbing news has emerged from Dubai, where an Indian woman has been missing for the past few days. Her son, Shaivi Bhandkar, has appealed...