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Month: June 2022

Posted on 14/06/2022

Abu Dhabi Islamic Bank To Help Lead ‘open Banking’ Revolution For The UAE

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has announced today that it has launched its first Application Programming Inter …

Posted on 14/06/2022

Dubai Culture and Hayi sign strategic partnership to support creative community and enhance Dubai’s cultural scene

Dubai Culture and Arts Authority (Dubai Culture) collaborates on many projects with its partners in the public and private sectors, guided by a vision to support the emirate’s creative community.

Posted on 14/06/2022

Dubai Culture, Hayi app join hands to link neighbourhoods

Hayi’ app is a free local social communication network for neighbourhoods in Dubai that encourages residents to communicate, endorse and befriend each other …

Posted on 14/06/2022

Dubai fund manager Shuaa buys out Allianz Marine and Logistics Services after $160m NBF loan

Shuaa goes for leveraged buyout of Allianz, one of region’s bigger marine services firms Dubai: Dubai fund manager fancies its prospects in the maritime space, having completed the leveraged buyout of …
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Posted on 14/06/2022

CBUAE Imposes Administrative, Financial Sanctions On Finance Company Operating In The Country

The Central Bank of the UAE (CBUAE) imposed administrative and financial sanctions on a Finance Company operating in the UAE, pursuant to the Decretal Federal Law No.14 of 2018 regarding the Central …
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Posted on 14/06/2022

UAE: Central Bank Fines Financial Firm For Violating Laws

The Central Bank of the UAE (CBUAE) on Tuesday imposed administrative and financial sanctions on a finance company operating in the UAE for not adhering to the rules and regulations of the regulator.
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Posted on 14/06/2022

Dubai’s Book-Shaped Library Opens To Public On June 16: Will Entry Be Free?

The book-shaped Mohammed bin Rashid Library (MBRL) on the Dubai Creek bank was inaugurated by the UAE Vice-President on Monday evening. The stunning Dh1-billion cultural destination will, however, …
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Posted on 14/06/2022

UAE financial services company fined by Central Bank for non-submission of audited financials by deadline

Dubai: A financial services company in the UAE has been hit with a fine by the central bank for non-submission of audited financial statements within a set deadline. The company, …
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Posted on 14/06/2022

Bucket list: 40 indoor activities and experiences in Dubai to try this summer

The peak of summer is just around the corner and soon it will be time to trade the outdoors for some indoor activities… Looking for indoor activities in Dubai during the warmer season? You’re in luck …
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Posted on 14/06/2022

Dubai’s most-loved tourist attractions

Dubai is one of the most popular tourist destinations on the planet. The place is renowned for its opulent shopping, luxury hotels and resorts, vibrant nightlife, awe-inspiring architecture and …
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Posted on 14/06/2022

Abu Dhabi’s Fertiglobe could pay higher dividend of $700mln in H1-2022

The management of Abu Dhabi-based Fertiglobe has indicated that the company now expects to pay a cash dividend of at least $700 million, payable in October 2022, compared to previous guidance of at …

Posted on 14/06/2022

First Abu Dhabi Bank completes legal merger of Bank Audi Egypt

Customers will be able to conduct their banking transactions and services in all branches under the new brand called FABMISR First Abu Dhabi Bank completes legal merger of Bank Audi Egypt Bank Audi, …

Posted on 14/06/2022

UAE: Employers must provide end-of-service files to employees within 1 month of retirement

Emirati workers who are insured members of the pension authority should be given details of service during this timeframe …

Posted on 14/06/2022

UAE Central Bank imposes sanctions on finance company for not complying with guidelines

The Central Bank of the UAE (CBUAE) imposed financial and administrative sanctions on a finance company for failing to submit its audited financial statements by the deadline and not complying with …

Posted on 14/06/2022

Have a quick stop over in the UAE? Here is how you can apply for a transit visa

Find out if you are eligible for visa on arrival in the UAE Dubai: If you are stopping over in the UAE during a long-haul flight, you might want to step out of the airport to explore the country.

Posted on 14/06/2022

UAE: 3 reasons why daily Covid cases have doubled in a week

Daily Covid-19 cases have more than doubled in under a week in the UAE. Authorities also noted an increase in hospitalisation rates of infected people.This is how daily infections have rose sharply …

Posted on 14/06/2022

UAE’s SmartCrowd secures $3mln investment to enter Saudi, other markets

The company will use the funding to scale its operations and products in new markets like Saudi Arabia and Pakistan, according to a press release on Monday. The Dubai-based platform, which allows …

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