the vision of its leaders made Dubai the now undisputed regional hub in the region as far as business (such as in sectors like tech, financial services, and general having regional MENA multinational …
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deVere acquires UAE-based wealth adviser, Prosperity
One of the world’s largest independent financial advisory organisations is continuing its “ambitious vertical and horizontal growth strategy” with the acquisition of Prosperity, a UAE-based IFA firm. …
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Samsung Pay expands UAE presence with five exclusive institutions partnerships
… the mobile payment experience across the UAE by partnering with Abu Dhabi Commercial Bank (Debit Cards), Dubai Islamic Bank, Finance House, MAF Najm Cards and Noor Bank and to enable their custome…
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UAE- DAMAC Properties announces 2018 preliminary financial results
DUBAI, 14th February, 2019 (WAM) — DAMAC Properties today announced preliminary financial results for the year ended December 2018. DAMAC reported a total revenue of AED6.1 billion, while net …
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Samsung Pay signs 5 new partnerships in UAE
Samsung has partnered with Abu Dhabi Commercial Bank (Debit Cards), Dubai Islamic Bank, Finance House, MAF Najm Cards and Noor Bank and to enable their customers access to the digital payment and digi…
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Zayed University Dubai opens largest Bloomberg Finance Lab in ME
Zayed University, one of the UAE’s top universities, and Bloomberg, the global financial information and technology company, today announced the opening of the Bloomberg Finance Lab at the university’ …
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Finance Manager – Michael Page International (UAE) Limited – Dubai Jobs
The Finance Manager has responsibility for all aspects of financial reporting, controls and collections for the Middle East business. They will manage the back office transactions to ensure timely and …
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UAE’s Adnoc plans further global expansion after $570m profit
We have delivered on our business plan commitments for 2018 and remain focused on volume growth initiatives with accelerated UAE and international expansion plans. We are well on our way to make Adnoc …
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Entrepreneurs must keep tweaking their business models
Financing, one of the most important elements for a successful business, is due to change course in the months to come. Non-bank or alternative lending options in the UAE should see an exponential …
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Abu Dhabi Islamic Bank Weighs Merger
Abu Dhabi Islamic Bank PJSC is weighing strategic options for its business, including a potential merger, according to people with knowledge of the matter. The United Arab Emirates’ second-biggest Isl…
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Dubai’s Emaar sees 2018 net profit rise 30% to nearly $2bn
Revenue in 2018 was AED25.694 billion, a growth of 37 percent over 2017, the Dubai-based developer said in a statement. During the fourth quarter, Emaar’s revenue was AED8.304 billion, up 53 percent w…
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Dubai’s Al Nasr gets new look stadium after revamp project
state news agency WAM. Al Bishr said: “The stadium development project was carried out in line with the objectives of our wise government, which aims at enhancing the distinctive position of Dubai in …
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Aldar Properties : , Emaar alliance could channel Dh30 billion investments into Abu Dhabi, Dubai real estate
The Aldar headquartrers in Abu Dhabi. The developer said its operating margins are in the 35- 40 per cent range now. Image Credit: Gulf News Archives Dubai: Aldar Properties is in the “final stages” o…
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Abu Dhabi’s Aldar posts $708m profit as 2018 revenues grow 3%
Abu Dhabi developer Aldar Properties has posted $1.7bn (AED6.3bn) in revenues for 2018, up 2% on 2017 figures, boosted by asset acquisition and the collection of final payments. The Abu Dhabi developm…
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UAE Insurance Authority pushes ahead with stringent life insurance regulations
The government body issued a third draft of the decision taken by IA’s board of directors on its website detailing its proposed overhaul of the life insurance and family takaful business in the UAE. “ …
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Latest gold, forex rates in UAE
Emirates 24|7 brings you the daily Dubai gold rate (22k, 24k, 21k and 18k), as well as currency exchange rates, including the Indian rupee, Pakistani rupee, Philippine peso, Sri Lankan rupee, sterling …
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Is this UAE’s first eco-conscious bespoke luxury menswear brand?
That’s the gaping fashion hole that Matthew and his business partner James Siggers decided to plug by starting up Benjamin Siggers in late 2017, headquartered out of Dubai. They met each other …
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