Local News

AU Small Finance Bank has increased its FCNR deposit rates to 7.10%, strengthening its overall NRI banking offering with a more comprehensive end-to-end service...

Banking Staff Writer -
AU Small Finance Bank also provides zero forex margin and waives bank charges on eligible remittances, further enhancing its value proposition for NRI customers. UAE:...

Central banks are increasing gold purchases as confidence in the US dollar comes under pressure.

Business Staff Writer -
A survey by the World Gold Council indicates that gold is playing an increasingly important role in global reserve holdings. Dubai: Central banks are projected...

New Abu Dhabi Grand Prix headliner revealed.

Sports Staff Writer -
It’s already a star-studded lineup. One of the world’s most renowned performers has been added to the star-studded Abu Dhabi Grand Prix concert lineup. Italian tenor...

Dubai’s DIFC has added $112 billion Oak Hill Advisors following approval from the DFSA.

Business Staff Writer -
Oak Hill Advisors has received approval from the DFSA as Dubai continues to expand its position as a hub for alternative investments. Dubai: Dubai International...

Mubadala acquires $200 million stake in UK–Ireland power interconnector Greenlink.

Business Staff Writer -
Abu Dhabi investor takes stake in Greenlink amid growing pressure on power grids due to rising electricity demand. Dubai: Mubadala Investment Company has purchased $200...
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