Month: May 2018

UAE-based financial services group Shuaa Capital has appointed a new CEO for its fully owned Sharia-compliant business financing arm, Gulf Finance Saudi Arabia. The new CEO, Atif Al Othri, will lead a team responsible for providing financial lending and …
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Dubai: The high cost of living is always a personal finance issue for many people in many parts of the world. Households constantly worry about how they can keep a roof over their heads, put food on the table or send their children to school without …
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‘Dubai Blink’ and ‘FZExchange’ are two of 26 ‘Dubai … He added that the ‘FZExchange’ project aims to help investors in the free zones gain easier access to the financial and capital markets by creating a simplified regulatory environment …
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He shared the statistics, mapping the contribution of key sectors – Islamic finance, manufacturing and trade – while chairing the second meeting of DIEDC’s Board of Directors in 2018. The contribution of the Islamic economy to Dubai’s GDP increased …
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UAE. The financial intelligence sharing by the two countries has uncovered some cases involving ex-Minister of Petroleum Resources Mrs Diezani Alison-Madueke and some of her business associates. The assets allegedly identified with Diezani are marked as J5 …
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The bell ceremony took place in the presence of Adil Taqi, Group Chief Financial Officer of DAMAC Properties, Hamed Ali, Chief Executive of Nasdaq Dubai, as well as senior representatives of DAMAC Properties Commenting on the announcement, Hussain Sajwani …
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Dubai: Liv., the lifestyle digital bank by Emirates NBD targeted at millennials has completed its first year of operations acquiring 100,000 customers, becoming the fastest growing bank in the UAE. Leveraging on in its success in the UAE, the bank has …
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BitOasis was founded by Jordanian entrepreneur Ola Dudin back in 2014 and currently operates in the UAE, Saudi Arabia and Kuwait. In January, 2018, the bank also suspended withdrawals to Emirates NBD, Noor Bank and Mashreq bank account holders. Subscribe …
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Speaking to Arabian Business during a visit to the Julius Baer office in Dubai International Finance Centre, CEO Bernhard Hodler says the bank has long been committed to serving the needs of the Middle East’s – and in particularly the Gulf’s – UHNWIs.
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The monetary policy and the exchange rate regime adopted by the UAE Central Bank have been particularly effective in achieving economic stability and in enabling the local economy to keep pace with global economic changes. In its preparations for the …
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New Delhi: Just months before the Nirav Modi scam tumbled out, Punjab National Bank (PNB) quietly recalled two employees, both internal auditors posted at the lender’s Hong Kong and Dubai branches after they exposed a deep rot within its banking system.
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Dubai – Mubasher: Ajman Bank ’s board has proposed the increase of the bank’s capital in two phase. The first phase includes the increase of the paid-up capital within the AED 2.1 billion authorised capital, according to a bourse statement released on …
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We have since worked with brands big and small as well as playing a part in the UN Women’s Empowerment Taskforce in the UAE, and this is just the start of our plans for Hopscotch’s expansion and digitisation.” With the new research from Hopscotch and …
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Dubai – Mubasher: Ajman Bank has reported a 31% increase in net profit during the first quarter of 2018. The bank’s net profit registered AED 34.02 million ($9.26 million) in Q1-18 versus AED 26 million in the year-ago period, according to an official …
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