The Abu Dhabi Securities Exchange (ADX) reported significant growth in investor activity during the first half of 2026, with the addition of 30,000 new investors and a substantial increase in dividend payouts, amounting to Dh49.9 billion. This development signals a robust market environment and heightened confidence among both local and foreign investors. In observing this...
In a significant development for the Abu Dhabi stock market, the total market capitalization has ascended to an impressive Dh2.8 trillion, buoyed by a surge in new investor registrations. Over the first half of the year, the market welcomed more than 30,000 participants, with foreign investors making up a remarkable 77% of this influx. This...
The United Arab Emirates (UAE) has solidified its position as a significant contributor to the Foreign Currency Non-Resident (FCNR-B) deposits mobilized through the Reserve Bank of India’s (RBI) dedicated window. This comes amid a backdrop of limited inflows from traditional markets such as the United States and the United Kingdom, signaling a shift in the...
The Dubai Financial Services Authority (DFSA) has unveiled a comprehensive set of regulatory reforms aimed at enhancing its competitive edge within the global financial landscape. This strategic move comes as part of the authority’s commitment to streamline operational procedures and adapt to the evolving complexities of the financial sector, particularly with the burgeoning digital asset...
In a significant move to enhance digital payment solutions for businesses, Mastercard has partnered with Arab Financial Services (AFS) to unveil corporate credit and prepaid cards in the UAE and Egypt. This collaboration not only aims to streamline corporate transactions but also integrates these cards with the AFS Pro mobile application, providing a comprehensive payment...
In a notable development for the investment landscape of the United Arab Emirates, Abu Dhabi National Oil Company (Adnoc) has secured another senior executive from Morgan Stanley. This move underscores Adnoc’s strategic alignment with top-tier Wall Street talent as it embarks on a new phase of aggressive global expansion and deal-making initiatives. Adnoc has been...
For Non-Resident Indians (NRIs) seeking to manage their finances effectively, Foreign Currency Non-Resident (FCNR) deposits have emerged as a viable banking option. These accounts, which allow NRIs to hold deposits in foreign currency, are particularly appealing for those looking to maximize returns while maintaining currency stability. One of the primary attractions of FCNR deposits is...
Insurance House PJSC has announced a remarkable total comprehensive profit of AED 7.89 million for the first half of 2026, showcasing a staggering increase of approximately 183% compared to AED 2.79 million during the same period last year. This significant rise in profitability can be attributed to a robust growth in insurance revenue, which surged...
In a significant shift in the investment landscape, Gulf Non-Resident Indians (NRIs) are increasingly favoring the Reserve Bank of India’s (RBI) FCNR(B) deposit scheme over traditional investment funds focused on India. The surge in interest towards the FCNR(B)—which offers guaranteed dollar returns—reflects a broader trend where the allure of capital security is taking precedence amidst...
Salik Company PJSC, the sole operator of Dubai’s toll gates, has reported a strong financial performance for the first half of 2026, achieving a net profit of AED 704 million despite a reduction in traffic volumes. The company’s total revenue for the first six months of the year reached AED 1.412 billion, indicating a robust...