Women entrepreneurs launching or growing a business in the UAE can now access a package of banking and business support benefits, including 12 months of waived maintenance fees, through a new initiative from RAKBANK. The lender’s “She Means Business” initiative waives monthly maintenance fees for up to a year for eligible women founders who open and activate a business account before December 10, 2026. The package is available to new customers operating as sole proprietors or individual LLCs and includes a zero-balance business account with no minimum balance requirement. Stay up to date with the latest news. Follow KT on…
Author: Editorial Team
A Dubai woman recently sold her wedding gold to begin building a collection of Hermès handbags, reflecting what one luxury reseller says is a growing trend among buyers seeking alternative ways to preserve wealth during uncertain economic times. According to Love Luxury, a designer resale business with stores in Dubai and London, demand from customers purchasing Hermès bags primarily as investments has risen significantly over the past year. “Over the last few months, we’ve noticed a new wave of clients who are entirely interested in making purchases to invest their money rather than as a fashion purchase,” said Adam Abraham,…
PARIS, 23rd June, 2026 (WAM) — An exceptional edition of the Vision Golfe 2026 forum was held in Paris this week, bringing together more than 1,200 participants, five ministers and public and private sector leaders from France and all Gulf Cooperation Council (GCC) countries. The forum was held during a week that brought together some of the world’s most influential political, economic and technology leaders in Europe, providing a favourable environment for high-level dialogue and stronger engagement between France and the GCC. Business France, the national agency supporting the international development of the French economy and organiser of the forum,…
IMAN Holdings has announced plans to raise $100mn to accelerate the development and expansion of its AI-powered Islamic banking platform, with a focus on entering GCC markets. Founded in 2020, the Central Asia–based fintech company has developed a mobile-first financial ecosystem built around Shariah-compliant principles. Its platform integrates savings, investments, payments, and financial guidance within a single application, serving more than one million registered users and managing over $100 million in assets. The company has raised over $10 million from global investors and is targeting more than $250 million in assets by the end of 2026. IMAN’s expansion comes at…
WASHINGTON — The United States cleared the way for Iran to sell oil , including to US buyers, easing decades-old sanctions as Vice President JD Vance said Tehran had agreed to allow nuclear inspectors to return as early as this week, the Wall Street Journal reported. The Treasury Department on Monday waived longstanding sanctions on those sales for 60 days while talks to` reopen the Strait of Hormuz and address the issues of Iran’s nuclear program and further sanctions relief proceed. Global energy markets reacted immediately to the announcement, with oil prices falling by more than three percent as traders…
IMAN Holdings has announced plans to raise $100mn to accelerate the development and expansion of its AI-powered Islamic banking platform, with a focus on entering GCC markets. Founded in 2020, the Central Asia–based fintech company has developed a mobile-first financial ecosystem built around Shariah-compliant principles. Its platform integrates savings, investments, payments, and financial guidance within a single application, serving more than one million registered users and managing over $100 million in assets. The company has raised over $10 million from global investors and is targeting more than $250 million in assets by the end of 2026. IMAN’s expansion comes at…
Damir Shaykhelislamov, Advanced Threat Protection Solutions Group Manager, Kaspersky, outlines the key relationship between threat intelligence and a security operations centre in this exclusive feature. Effective analysis starts with the essential questions “who, what, when, where, why and how” – that convert data into intelligence. In many ways, these same pillars define the discipline of Threat Intelligence (TI). What started as a niche task of collecting indicators of compromise has grown into a much broader discipline. Depending on the SOC, the work can range from simple feed ingestion and enrichment to deeper research, malware analysis and even producing original intelligence…
The Dubai Land Department (DLD) has launched Flexi Rent, a new initiative aimed at providing a more flexible and accessible rental solution for residents. The programme allows tenants renting through participating real estate companies to choose monthly, quarterly or annual payment plans, helping to ease upfront financial commitments. Khalid Al Shaibani, Director of the Rental Affairs Department at DLD, said the scheme was started to ease the financial pressure on residents and support their long-term community wellbeing. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Initially, the programme includes 12 developers based in the emirate,…
Dubai Safari Park has officially closed its seventh season, marking a year that saw the arrival of 144 newborn animals, many of whom are several vulnerable and endangered species. With major conservation achievements, and thousands of students taking part in wildlife education programmes. Among the season’s most celebrated arrivals were Salam, a southern white rhino calf born through the park’s breeding programme, and Zuri, a baby giraffe who quickly became a favourite among visitors. The park said several vulnerable and endangered species were also born during the season, including Addax, Arabian wolves, ring-tailed lemurs, Speke’s gazelles, mountain gazelles, scimitar-horned oryx,…
AJMAN, 23rd June, 2026 (WAM) — Ajman Chamber, represented by Eng. Abdullah bin Mohammed Al Muwaiji, Chairman of the Board, participated in the 29th Arab-German Forum, organised by the Arab-German Chamber of Commerce and Industry from 17th to 19th June in Berlin, Germany. The forum discussed future trends in the energy, water and logistics sectors, explored ways to enhance economic partnerships, and highlighted investment opportunities. The forum sessions focused on a number of key topics, including the energy, water, healthcare and logistics sectors, as well as opportunities to strengthen Arab-German partnerships and leverage German expertise in advanced industries and modern…