The United Arab Emirates central bank will next month launch a new way of setting Emirates Interbank Offered Rates (EIBOR), helping to make the system more accurate and transparent, a senior banking industry official told reporters on Monday. “We have …
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Top Skills Banking Professionals in the UAE Need to Succeed Today
Knowledge is key to successful people in all industries. But I would argue the banking and financial services landscape is among the few professions in the world, where a constant refresher of knowledge is not just integral to one’s success, but to simply …
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ENBD to back nationalisation drive at Careers UAE
Emirates NBD, a leading bank in the region, has announced its participation as part of the bank’s strategy to boost nationalisation efforts at the Careers UAE 2018, which will be held from 13 – 15 March at Dubai World Trade Centre. The bank’s …
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Sharjah Government issues $1bn sukuk, its largest ever
director-general of Sharjah Finance Department. It is the region’s first sovereign sukuk issued in 2018, state news agency WAM reported on Monday, and the revenue from the sukuk will be used to fund infrastructure in the emirate. Al Sayegh said …
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Are UAE banks really on the ‘path to profitability’?
READ: Who made the 30 under 30 list? Primarily, the data reveals that, in spite of increasing costs, the country’s four biggest banks – ADCB (Abu Dhabi Commercial Bank), DIB (Dubai Islamic Bank), Emirates NBD and FAB (First Abu Dhabi Bank …
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Abu Dhabi hotel room rates fall by almost a quarter in February
DUBAI: Abu Dhabi hotel room rates fell by almost a quarter in February as demand slowed, with a major exhibition being held in the emirate in an off year. Average daily room rates (ADR) were down 23.3 percent to 431.34 dirhams in February, industry monitor …
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Dubai to host WoodShow
DUBAI – The flourishing global wood industry is taking centerstage when Dubai plays host to the Dubai WoodShow for three days beginning March 12 at the Dubai World Trade Centre. More than 300 exhibitors from 55 countries are set to offer best products at …
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UAE Central Bank jobs for Emiratis at career event
The Central Bank of the UAE has announced its participation in the upcoming 2018 Careers UAE exhibition, a national platform that connects Emirati jobseekers with employers looking for local talent. Set to run from March 13-15 at the Dubai World Trade …
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ADCB Participates in Careers UAE 2018
Abu Dhabi Commercial Bank “ADCB” announced its participation in Careers UAE Exhibition 2018 to be held at Dubai World Trade Centre from13th to 15th March, 2018 under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice …
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Mashreq Bank to participate in Careers UAE
Mashreq Bank, the UAE’s leading financial institution, will continue its efforts to foster the growth of Emirati talent through its participation in Careers UAE 2018. Taking place at the Dubai World Trade Centre from 13-15 March, this marks the 18th …
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Dubai’s Emirates NBD plans capital hike ahead of possible acquisition
Emirates NBD plans to raise its share capital by up to Dhs7.35bn ($2bn) through the issuance of new shares, as Dubai’s largest lender prepares to bid for Turkey’s Denizbank. The bank said in January it had started initial strategic talks with Sberbank …
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A humble tree native to Middle East holds strong anti-colon cancer properties, find Abu Dhabi researchers
The tree Rhus coriaria, which grows in parts of the Arab world including Jordan, has long proved useful to people in this region. Its oil can be turned into candles, its pigments are used as dyes and its fruits are crushed to provide spices. UAE research …
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The Abu Dhabi National Oil Company and Italy’s Eni Sign Historic Offshore Concession Agreements
Award marks first time an integrated Italian oil and gas company has been given a stake in Abu Dhabi’s concession areas Eni awarded 10% stake in ADNOC’s Umm Shaif and Nasr offshore concession and 5% stake in Lower Zakum concession, contributing AED 3.2 …
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Abu Dhabi in the clouds: Otherworldly images of the city’s landmarks
While Dubai’s buildings receive a large amount of exposure when they are photographed within the mist, Abu Dhabi’s wonders are not photographed as frequently, Khalid, 26, said. (Caters News) Photography by Khalid Alhammadi/Caters News See more news …
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Sharjah Government issues $1bn sukuk
director-general of Sharjah Finance Department, was quoted as saying report carried by Emirates news agency Wam. “We were confident that Sharjah’s sukuk issuance would be successful due to the emirate’s economic and financial status on a regional and …
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UAE- Why continuous training is vital to the banking and finance sector
(MENAFN – Khaleej Times) Knowledge is key to successful people in all industries. But I would argue the banking and financial services landscape is among the few professions in the world, where a constant refresher of knowledge is not just integral to one …
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Plane flying from UAE to Turkey crashes in Iran, killing 11
Sharjah is a neighbouring emirate of Dubai. Turkey’s private Dogan News Agency identified the plane as a Bombardier CL604, tail number TC-TRB. Turkey’s Transport Ministry said the aircraft belonged to a company named Basaran Holding, which The Associated …
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