Finance

UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure (MoEI), received Kim Jung-kwan, Minister of Trade,...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses on Monday announced plans to ​help stamp out the illegal trade in wildlife. Announcement made as...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed as techno-nationalist rhetoric, an idea which is considered expensive, duplicative and largely unnecessary in a...

Closing Bell: Saudi main index extends gains as market opens wider to foreign investment

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Monday, gaining 153.61 points, or 1.38 percent, to close at 11,321.09. The total trading turnover of...

Looming launch: What do e-invoices exactly mean for businesses in the UAE

UAE moves to digital invoices: timelines, compliance risks and what firms must changeDubai: Starting this July, the UAE is preparing to overhaul how businesses...

NRIs in UAE: 6 changes in India’s 2026 Budget that affect you back home

India Budget 2026: How it impacts your savings, investments, property and taxesDubai: If you live in the UAE, many financial decisions still connect you...

Emirates NBD posts record Dh29.8b profit before tax on strong lending, expanding balance sheet

Total income climbed 12 per cent to Dh49.3 billion, supported by broad‑based momentum across both funded and non‑funded income lines Emirates NBD on Monday reported...

ADIB profit jumps to Dh8.1b; delivers dividend boost

The board proposed a cash dividend of 97 fils per share, lifting the total payout for the year to Dh3.5 billion, equivalent to 50...

Abu Dhabi fintech startup Mal raises landmark $230mln funding

Digital bank looks to tap into $7trln Islamic finance space Abu Dhabi-headquartered startup Mal has secured $230 million in what is cited as the largest...

India Budget 2026: What UAE NRIs, businesses expect this February 1st

Fiscal deficit, taxes, jobs, investments. What Budget 2026 could mean for NRIsDubai: India’s Union Budget 2026–27 is approaching at a time when global uncertainty...

UAE bank assets rise 0.8% to $1.43tn as credit expands: CBUAE data 

RIYADH: UAE bank assets rose 0.8 percent in November to 5.25 trillion Emirati dirhams ($1.43 trillion), extending growth in the sector as credit and...

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UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed...

SEBI board to consider reintroducing open-market window for buybacks tomorrow

A key proposal before the board is to reintroduce...

BMW cuts 2026 profit margin outlook over China slowdown, Middle East costs

German luxury carmaker BMW Group revised down its 2026...