Thursday, May 29, 2025

financial services

Abu Dhabi Global Market fines a company that violated regulatory regulations

Regulations imposed by the Financial Services Regulatory Authority prohibit the offering of securities on the Abu Dhabi Global Market without an approved prospectus Announce Abu Dhabi Global Market ,In today's statement The Financial Services Regulatory Authority imposed a fine of...

Dubai’s inflation rate fell to 3.34% in March 2024

The Dubai government is making efforts to control inflation, by following cautious fiscal and monetary policies, enhancing productivity, and supporting the most affected sectors. Dubai's inflation rate saw a slight decline during March 2024, reaching 3.34% compared to 3.36% in...

The UAE launches the first innovation center for artificial intelligence in financial services

The Artificial Intelligence Innovation Center will contribute to accelerating the adoption of new innovations and artificial intelligence technologies within the financial services sector in the UAE For the first time, the UAE witnessed the launch of the “Artificial Intelligence Innovation...

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UAE introduces new service to verify academic degrees of private sector employees

A new digital project launched in the UAE will help verify the academic qualifications of private sector workers, authorities...

UAE: Minimum bank balance requirement of Dh5,000 suspended

The Central Bank of the UAE on Tuesday asked banks not to increase the minimum balance requirement from Dh3,000 to Dh5,000 for retail customers. The...

UAE announces Eid Al Adha holidays for public sector employees

Government employees in UAE will get a four-day weekend for Eid Al Adha this year. In a statement issued by the Federal Authority of Human...

UAE residents lost over Dh20 million in rejected Schengen visa applications in 2024

UAE residents hoping to visit Europe “wasted” a whopping Dh20.6 million (€4.93 million) in 2024 due to rejected Schengen visa applications, according to a...

Air Arabia to accept crypto payments for tickets through AE Coin

Air Arabia has become the first airline in the region to offer stablecoin-based payment. The Sharjah-based budget carrier has partnered with Al Maryah Community...