Month: August 2017

COMMERCIAL BANK OF DUBAI – Following are second-quarter net profit estimates for Commerical Bank of Dubai in millions of dirhams. Q2 2017 %change EFG Hermes 255.00 4.07% ARQAAM Capital 222.00 -9.39% Commerical Bank of Dubai reported a net profit of 245.02 …
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Meanwhile Emirates NBD, Dubai’s biggest bank by assets, came out as the leading retail bank while Jumeirah Hotels and Resorts was the leading hospitality brand. Last week Emirates was name the healthiest brand in the UAE overall, followed by WhatsApp in …
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Dubai Health Authority signed a Memorandum of Understanding (MoU) with the unique AccorHotel property, owned by R Holding, during Arabian Travel Market earlier this year. “We have also partnered with The Health Bank in a strategic initiative to enhancing …
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UAE residents have described losing their life savings after being caught up in a financial scam that sold bogus workspace developments across the globe. The collapse of Bar Works and the high-profile arrest of New York-based British businessman Renwick …
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The UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a federal decree appointing Khalid Ali Al Bustani, Assistant Undersecretary for International Financial Relations, as Director General of the Federal Tax Authority (FTA).
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Mr. Salah Mohammed Amin, Executive Vice President, Corporate Banking, Emirates NBD also added, “The positive response for this facility confirms the interest in key sectors in the UAE and the trust endorsed to Gulf Petrochem Group’s strong financial …
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These two countries have become the primary sites of capital accumulation, and firms from Saudi Arabia and the UAE dominate the GCC economy in the real estate, finance, trade, logistics, telecommunications, petrochemicals, and manufacturing sectors.
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Some international banks are serving Qatar from London and New York instead of Dubai’s financial center as a regional dispute makes it harder to do business with clients in the gas-rich Gulf state, according to people familiar with the matter.
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… a formidable force in Islamic Finance and one of the most progressive Islamic Finance institutions in the world. Currently, DIB has presence across all Emirates in the UAE with growing international operations in South Asia, Far East, Middle East …
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The iPad has been gaining traction as of late, gaining a reputation as a business product; Apple chief financial officer Luca Maestri … Cook kicked off the conference call, which was held at 1am Dubai time on Wednesday, by saying, “we’re proud”, then …
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Watali’s business empire spans from Kashmir to the UAE to Europe, spread across real-estate and international trade. But intelligence officials disclosed to India Today they suspect his companies were a facade hiding money laundering and terror finance.
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