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Month: August 2019

Posted on 06/08/2019

Fraudster steals Dubai resident’s rent money to buy smartphones

Armed with evidence of the bank fraud, she elevated her complaint with the UAE Central Bank on June 9. When contacted, an Emirates NBD spokesperson confirmed that the incident took place and they …
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Posted on 06/08/2019

Right time to invest? UAE equities attractive on low valuations, positive indicators

Lastly, the consolidation which has started in the UAE’s banking sector, is already beginning to reflect on the sector’s profitability. Shailash Dash, a financier and entrepreneur, said that the …
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Posted on 06/08/2019

Senior Relationship Manager – Corporate Banking – Real Estate – Michael Page International (UAE) Limited – Dubai Jobs

We are partnered with one of Dubai’s largest, leading banks for a Large Corporate Relationship Manager looking for growth into a Senior or Director-level role. Applicants must have a strong Real …
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Posted on 06/08/2019

UAE- Trade Bank of Iraq Continues Strong Annual Growth and Records Impressive Financial Results

Annual audit of TBI’s performance, complied by Ernst and Young, show a 20% increase in net operating income and a 30 % increase in funds held in customer accounts Dubai, United Arab Emirates, 04 …
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Posted on 06/08/2019

New fund to promote Islamic finance in UAE

initiative to promote the Islamic banking and finance industry in the UAE, a media report said. The move followed a landmark agreement signed between the two parties to establish the Noor Fund for …
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Posted on 06/08/2019

Abu Dhabi Commercial Bank Partners with Silicon Valley’s Plug and Play to Join Global Ecosystem of Financial Institutions

ABU DHABI, United Arab Emirates, Aug. 5, 2019 /PRNewswire/ — Abu Dhabi Commercial Bank (ADCB) has announced its partnership with Plug and Play, the largest global innovation platform …
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Posted on 06/08/2019

Iran meeting may indicate UAE’s intention to distance itself from Saudis

Although UAE officials sought to play down the encounter due to the … his Emirati counterpart Mohammad Ali Mesbah al-Ahbabi were widely circulated on Iranian news websites. The sides signed a …
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Posted on 06/08/2019

UAE-India talks held to fight human trafficking

Some Standard Operating Procedures (SOP) to address issues of human trafficking have been formulated following the talks, the Indian Embassy in Abu Dhabi said in a statement issued to Gulf News on …
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Posted on 06/08/2019

Abu Dhabi Int’l says Hajj travel preparations completed

Abu Dhabi Airports said on Tuesday that it has completed preparations, in collaboration with all of its stakeholders, to ensure the smooth and safe departure and return of pilgrims from Makkah and …
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Posted on 06/08/2019

UAE backs India on removal of Article 370 in J&K, says reorganisation of states not unique incident

The UAE has taken note of India’s decision on Jammu and Kashmir and on revoking provisions of Article 370 of the Constitution. PM Narendra Modi-led NDA government has got the backing of the United …
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Posted on 06/08/2019

Eid Al Adha 2019: Free parking announced in Dubai

The Dubai Roads and Transport Authority (RTA) has announced free parking for the Eid Al Adha 2019 holidays. All paid parking zones, except for multi-level parking terminals, will be free to use from …
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Posted on 06/08/2019

Saudi leads IPO activity in region

Dubai: Saudi Arabia led the primary market activity … one of the largest IPOs in the country with proceeds of $658.7 million, was the first IPO that allowed the sale of securities to qualified …
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Posted on 06/08/2019

UAE start-ups attract talent with stock options over salaries

Wamda Capital has invested in start-ups across the Middle East and Africa, including several prominent ventures in the UAE, such as Souq, Careem, e-commerce platform Mumzworld and financial comparison …
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Posted on 06/08/2019

Expats mourn death of former Dubai-based journalist

Veteran UAE-based journalist Jawahar Chhoda, who had been suffering from a lung ailment for a while, breathed his last at 7:30am on Monday at Mumbai’s Raheja Hospital. He was 58. The former Dubai …
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Posted on 06/08/2019

UAE traffic: Tailbacks towards Dubai, avoid these roads – News |

(MENAFN – Khaleej Times) Roads in Sharjah and Dubai are witnessing slow moving traffic on Tuesday morning. Google Maps data showed tailbacks on E311 Sheikh Mohammed bin Zayed Road near Silicon …
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Posted on 06/08/2019

Sharjah, Fujairah Rulers pardon 473 inmates ahead of Eid Al Adha

Sharjah/ Fujairah: His Highness Dr Shaikh Sultan Bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has ordered the release of 400 inmates of different nationalities from the …
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Posted on 06/08/2019

Dubai Chamber membership growth up over 22%

During the first six months of 2019, the Dubai Chamber stepped up efforts to promote Dubai as a global business hub by participating in 60 events in 46 cities around the world. These activities …
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