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Month: July 2022

Posted on 05/07/2022

Dubai Chamber of Commerce mobilises business groups in Dubai to enhance economic contribution

There are 28 business groups representing more than 30 economic sectors operating in Dubai under the umbrella of Dubai Chamber of Commerce …

Posted on 05/07/2022

Delhi-Dubai SpiceJet flight makes emergency landing in Karachi; DGCA orders probe

The aircraft made the emergency landing due to a technical fault in the engine of the aircraft. All passengers onboard are safe, news agency ANI reported.

Posted on 05/07/2022

Delhi-Dubai SpiceJet flight makes emergency landing in Karachi after fuel indicator malfunctions

A Delhi to Dubai SpiceJet flight made an emergency landing in Karachi on Tuesday afternoon after its fuel indicator malfunctioned, PTI reported. The flight had over 150 passengers on board. All of …

Posted on 05/07/2022

Tecom’s 8% Drop in Dubai Signals Slowing Demand for Gulf IPOs

Sign up for our Middle East newsletter and follow us @middleeast for news on the region.Most Read from BloombergPerson of Interest in July 4 Parade Shooting That Killed Six in Police CustodyBezos Slam …
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Posted on 05/07/2022

Digital bank Zand receives UAE banking licence

Emirati digital banking start-up Zand, which provides retail and corporate services, said on Tuesday it had been granted a banking licence from the Central Bank of the United Arab Emirates. DUBAI, …
( read original story …)


Posted on 05/07/2022

Digital bank Zand and gets UAE regulatory greenlight

Pegged as the UAE’s first fully digital bank, Zand will offer both retail and commercial products and services Digital bank Zand and gets UAE regulatory greenlight banking experience, banking services …
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Posted on 05/07/2022

UAE Banks Federation reviews banking sector challenges, discusses action plan in its first meeting

The newly established council is to provide a broader platform for CEOs of member banks to share their opinions and widen decision-making bases UAE Banks Federation reviews banking sector challenges, …
( read original story …)


Posted on 05/07/2022

UAE digital bank Zand gets go-ahead from UAE Central Bank, on-boards first corporate clients

Dubai: The UAE digital bank Zand has been granted a license from the UAE Central Bank – and will now be known as ‘Zand Bank PJSC’. The bank – with Mohamed Alabbar and LuLu owner Yussufali as …
( read original story …)


Posted on 05/07/2022

Zand gets license from the Central Bank of UAE

By successfully securing a UAE banking license, Zand is now authorised and regulated to operate as a fully independent commercial bank …
( read original story …)


Posted on 05/07/2022

EDB Partners Reinforce Bank’s Strategic Role In UAE’s Economic Diversification And Industrial Transformation Agenda

Emirates Development Bank has, in the last 12 months, remade itself. In April 2021, EDB launched a new strategy to become the key financial engine of th …
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Posted on 05/07/2022

MENA’s largest open banking platform – Tarabut Gateway announces key senior appointments

New Chief Product Officer and Chief Commercial Officer appointed; HSBC’s former Global Head of Open Banking joins; Zivver’s former Chief Revenue Officer joins …
( read original story …)


Posted on 05/07/2022

Zand gets Central Bank licence, onboards first customers

By successfully securing a UAE banking licence, Zand is now authorised and regulated to operate as a fully independent commercial bank.
( read original story …)


Posted on 05/07/2022

Eid Al Adha 2022 in Dubai: Fireworks to light up night sky

Visitors to Dubai Festival City Mall this Sunday will witness a feast for the eyes – spectacular fireworks on display in celebration of Eid Al Adha. The show will take place at 8pm on Sunday, July 10, …
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Posted on 05/07/2022

Aldar Launches Yas Golf Collection A Resort Style Community On Yas Island

Aldar Properties (‘Aldar’) has announced the launch of Yas Golf Collection, its latest community on the iconic Yas Island in Abu Dhabi.
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Posted on 05/07/2022

Abu Dhabi utility firm TAQA decides to retain most of its oil, gas assets

Dubai: The Abu Dhabi utility giant TAQA has decided to retain most of its oil and gas assets after a strategic review was held recently to decide the company’s strategy for this particular portfolio.
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Posted on 05/07/2022

Abu Dhabi International expects 2.8 million travellers in July and August

Abu Dhabi International is expecting around 414,000 travellers during the Eid Al Adha travel season between July 7 and 15.
( read original story …)


Posted on 05/07/2022

Tecom Group shares rise on Dubai Financial Market debut

Shares of Tecom Group, the operator of business districts in Dubai, rose on the company’s trading debut on the Dubai Financial Market on Tuesday. The shares rose by 1.12 per cent to Dh2.70 during …
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