Economy and Business
UAE Banks to replace SMS OTPs with In-App approvals by 2026
Thursday, December 18, 2025UAE Banks to replace SMS OTPs with In-App approvals by 2026 Secure app environments make it harder to hack bank accounts, easier to stop such attempts. For UAE residents who frequently make payments, transfer money, or shop online, this is a big upgrade in everyday convenience. With UAE banks now officially phasing out SMS and… UAE Banks to replace SMS OTPs with In-App approvals by 2026
Casagrand unveils international project Casagrand Hermina at Dubai Islands
Monday, December 15, 2025Casagrand, has officially unveiled Casagrand Hermina, a premium residential development located on the rapidly transforming Dubai Islands. Valued at AED 420M, it marks Casagrand’s expansion into the Middle East with a project that blends coastal serenity and city living. Inspired by Hermes, the mythological messenger who moved effortlessly between worlds, it is conceived as a… Casagrand unveils international project Casagrand Hermina at Dubai Islands
Thousands from across the globe witness the UAE’s opening of BRIDGE Summit 2025
Thursday, December 11, 2025Global leaders, creators, and institutions gather in Abu Dhabi to shape a more trusted, human-centred future for media With thousands watching and attending from across the globe, BRIDGE Summit 2025 opened this week on a scale that set a new benchmark for how nations, institutions, and creative communities collaborate to shape the global media, entertainment,… Thousands from across the globe witness the UAE’s opening of BRIDGE Summit 2025
First UAE–Russia Business Forum opened in Dubai
Thursday, December 11, 2025The First UAE–Russia Business Forum opened on 10 December in Dubai. The forum is organised by the Russia–UAE Business Council (RUBC) jointly with the Roscongress Foundation and with the support of the Ministry of Industry and Trade of the Russian Federation and Marathon Investment Group. The forum brought together leaders of major companies and investment… First UAE–Russia Business Forum opened in Dubai
Mondrian Al Marjan Beach Residences sells more than 200 units in two hours
Thursday, December 11, 2025Elevate, the visionary lifestyle real estate brand, has officially shattered market records in Ras Al Khaimah. Following a spectacular launch event at Atlantis The Royal on 26th November, the Mondrian Al Marjan Island Beach Residences became the emirate’s fastest-selling project, recording AED 704 million in sales within just two hours. The overwhelming response saw more… Mondrian Al Marjan Beach Residences sells more than 200 units in two hours
UAE announces new VAT rules from January 2026 to simplifies procedures
Wednesday, December 3, 2025The Ministry of Finance has announced the issuance of Federal Decree-Law No. (16) of 2025 amending certain provisions of Federal Decree-Law No. (8) of 2017 on Value Added Tax, which will enter into force as of January 1, 2026. The move comes as part of the UAE’s ongoing efforts to develop its tax system and… UAE announces new VAT rules from January 2026 to simplifies procedures
Sunteck Realty brings its disruptive luxury philosophy to the UAE
Wednesday, November 26, 2025Sunteck Realty Ltd., one of India’s most distinguished and disruptive luxury real estate developers, publicly listed (BSE/NSE), today announced its entry into the UAE with the launch of Sunteck International, headquartered in Dubai. Marking a bold shift in how ultra-luxury real estate is introduced in the region, the Group unveiled the prime location for its… Sunteck Realty brings its disruptive luxury philosophy to the UAE
UAE Central Bank scraps minimum salary requirement for loans
Wednesday, November 19, 2025Residents, including low-income workers, can now open bank accounts and access a wider range of services The Central Bank of the UAE (CBUAE) has directed banks to abolish the long-standing minimum salary requirement for obtaining personal loans — a threshold that had typically been set at Dh5,000 across most institutions for many years. Under the… UAE Central Bank scraps minimum salary requirement for loans
Payments in Digital Dirhams as new UAE law puts e-currency on par with cash
Thursday, November 13, 2025A new UAE law formally places the Digital Dirham on the same legal footing as physical cash, confirming it as “legal tender for payment of any amount”. Federal Decree Law No. (6) of 2025 defines the Dirham as being represented by “notes, coins and digital forms”, giving the Central Bank of the UAE (CBUAE) a… Payments in Digital Dirhams as new UAE law puts e-currency on par with cash
Abu Dhabi National Hotels launches Nasim Al Bahr Residences on Al Marjan Island
Thursday, November 13, 2025Abu Dhabi National Hotels (ADNH), one of the UAE’s most trusted hospitality investment and management companies, has announced the launch of The Residences at Nasim Al Bahr, a Luxury Collection Resort & Spa, Al Marjan Island, marking the group’s debut in Ras Al Khaimah’s thriving luxury real estate sector. With a total development value of… Abu Dhabi National Hotels launches Nasim Al Bahr Residences on Al Marjan Island
