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UAE Gets Tough: Five Insurance Brokers Penalized for AML Failures-thumnail

UAE Gets Tough: Five Insurance Brokers Penalized for AML Failures

Source: ZAWYA Dubai – The Central Bank of the UAE (CBUAE) has penalised two and warmed three insurance brokers for the lack of compliance with anti-money laundering (AML) and combating

Banking

May 12, 2025

Rupee dropped by 31 paise to 84.66 against the US dollar in early trade following India’s retaliation for the Pahalgam attack-thumnail

Rupee dropped by 31 paise to 84.66 against the US dollar in early trade following India’s retaliation for the Pahalgam attack

Source: Outlook Business In the wake of India conducting precision air attacks on terror camps in Pakistan and Pakistan-occupied Kashmir under Operation Sindoor, the economy and financial markets began to

Finance

May 7, 2025

ICICI Bank Ends Flat After Hitting 52-Week High on Strong Q4 Earnings-thumnail

ICICI Bank Ends Flat After Hitting 52-Week High on Strong Q4 Earnings

Source: Fortune India ICICI Bank shares had a mixed session on Monday, April 21, scoring a new 52-week high in intraday trade, but then closing the day with negligible gains.

Banking

Apr 21, 2025

InCred Wealth eyes the next phase of growth; ropes in Anu Bora to head the Family Office practice-thumnail

InCred Wealth eyes the next phase of growth; ropes in Anu Bora to head the Family Office practice

Mumbai, 21st April 2025: InCred Wealth & Investment Services Private Limited (“InCred Wealth”), a member of InCred Capital Financial Services Limited (‘InCred Capital”), today announced that Anu Bora has joined as

Finance

Apr 21, 2025

Dubai Islamic Bank Unveils Sustainability-Linked Finance Framework-thumnail

Dubai Islamic Bank Unveils Sustainability-Linked Finance Framework

PC: The National Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has announced the launch of its first-ever Sustainability-Linked Finance Facilities Financing Framework. In support of the

Banking

Feb 24, 2025

Mansa Secures $10M Funding to Expand Cross-Border Payment Solutions -thumnail

Mansa Secures $10M Funding to Expand Cross-Border Payment Solutions 

PC: LinkedIn  Mansa, the Dubai-based cross-border payments platform, has raised a total of $10 million to beef up its liquidity solutions and to expand into new markets.  The funding was

Finance

Feb 20, 2025

List of Startups Funded by Namita Thapar-thumnail

List of Startups Funded by Namita Thapar

Introduction Vibrant Executive Director of Emcure Pharmaceuticals, Namita Thapar is one ace businesswoman who, while being a great entrepreneur in the business world, has emerged as an institution synonym for

Business

Feb 20, 2025

The Box Secures $12.5M Financing Deal Led by Shorooq -thumnail

The Box Secures $12.5M Financing Deal Led by Shorooq 

  PC: Morningstar The self-storage titan The Box has successfully raised $12.5 million in a financing arrangement led by Shorooq Partners. The investment is a milestone for The Box in

Finance

Feb 20, 2025

Hoxton Wealth Enhances Its App with New Features for Better Financial Management -thumnail

Hoxton Wealth Enhances Its App with New Features for Better Financial Management 

PC: Google Play Hoxton Wealth, a Dubai-based global financial firm, has announced several innovations on Hoxton Wealth App, a platform set to simplify wealth management by allowing users to connect

Finance

Feb 18, 2025

Dubai Weekly Funding Roundup: 10th February to 15th February, 2025 -thumnail

Dubai Weekly Funding Roundup: 10th February to 15th February, 2025 

PC: IdeaBuddy GE Aerospace has announced a $10 million investment to improve its maintenance, repair, and overhaul (MRO) facilities in Dubai, UAE, and Doha, Qatar. These funds will benefit tooling,

Finance

Feb 15, 2025

Dubai’s Hedge Fund Boom Lifts UAE’s Economic Growth-thumnail

Dubai’s Hedge Fund Boom Lifts UAE’s Economic Growth

PC: Medium Dubai’s fast growth in hedge funds is driving economic diversification in the UAE, as their efforts are pegged toward achieving the country’s national goals of positioning the city

Economy

Sep 25, 2024

Indian Semiconductor Mission to Get $10 Billion Funding Boost-thumnail

Indian Semiconductor Mission to Get $10 Billion Funding Boost

PC: The Economic Times  The Indian Semiconductor Mission is all set for a big financial boost. Reports are doing the rounds that funding for the same will be increased by

Business

Sep 7, 2024


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