Business

The UAE banking sector is set to introduce new regulations governing the transfer of customer debts between banks, with implementation anticipated to begin on January 1, 2027. These measures aim to stabilize borrower-bank relationships by requiring customers to remain with…

Dubai Customs has reported a significant increase in customs deposit refund applications, processing 1.36 million requests valued at AED 6.9 billion in the first half of 2026. This marks a 3.6% rise in the number of applications and a 13.1%…

Qatar Islamic Bank (QIB) has launched a new travel booking feature within its mobile app, developed in partnership with Unravel, a video commerce platform for travel and lifestyle. This innovative service allows QIB cardholders to discover and book from over…

His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, is leading a six-day delegation to Guangdong and Fujian provinces in China, aimed at enhancing economic ties and exploring investment opportunities. The visit includes high-level meetings with…

The UAE has solidified its dominance in the Gulf sustainable debt market, accounting for approximately 61% of total issuance during the first nine months of 2026, despite a broader decline in the region's overall sustainable debt activity. This development is…