DUBAI, United Arab Emirates — War profiteers … Afghanistan in 2010 saw regulators demand that a banker turn over 18 Palm Jumeirah villas and two business properties. The brother of former Afghan President Hamad Karzai also profited from the sale …
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Dubai real estate labelled as money-laundering haven in new report
Dubai’s easily flipped luxury properties offered an opportunity for those wanting to park money they otherwise couldn’t spend. The Federation of American Scientists warned based on news reports in 2002 that “money-laundering activity in the UAE may total $ …
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Indians probed by govt agencies are linked to high-end real estate in Dubai
INDIAN NATIONALS investigated by various agencies in India, including CBI, for alleged financial crimes and links to opaque offshore entities figure on a global database of those connected to properties in over 20 prime real estate projects in Dubai.
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Hyatt Capital Gate Abu Dhabi Rebranding As An Andaz
I wouldn’t want to stay here if my goal was to sightsee in Abu Dhabi, but for a quick overnight it’s an unbeatable option. The hotel is also a Category 4 World of Hyatt property, so it has been a great option if wanting to redeem an anniversary free …
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Abu Dhabi-based VPS Healthcare said to hire Rothschild on London IPO
VPS Healthcare hired Rothschild & Co to advise on a potential initial public offering in London … A London listing by VPS Healthcare would follow other UK share sales by UAE-based medical firms. Abu Dhabi’s NMC Health Plc has risen just over 1,700 …
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Dubai to waiver late property registration fee
RELATED ARTICLES: Sheikh Hamdan approves DLD restructure | DLD to use Artificial Intelligence to verify Ejari contracts | DLD reviews rental law with retail operators Dubai’s Executive Council has told the Dubai Land Department (DLD) to scrap a fine on …
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Dubai business conditions rebound in May
Business conditions in Dubai recorded a sharp improvement in May – at the fastest pace in 13 months – on the back of increased output and new orders. Key drivers to this upward momentum in the non-oil private business included travel and tourism and …
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Qatar takes UAE to UN’s highest court over blockade
… government of Qatar is taking the United Arab Emirates (UAE) to the UN International Court of Justice over what it described as human rights violations, according to the official Qatar News Agency (QNA). The move on Monday comes a year after the UAE …
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UAE’s Central Bank downgrades 7 exchange houses for money-laundering violations
The Central Bank of the UAE downgraded the licences of seven exchange houses on Monday after the companies violated regulations such as anti-money laundering rules. The exchange houses are now banned from carrying out any transactions related to …
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Dubai Islamic Bank sees huge demand for capital raising plan
Dubai Islamic Bank, the largest Islamic bank in the UAE, has announced a successful closing to its capital raising programme. The issuance of 1.6 billion additional shares at price of AED3.11 per share was announced in April with the aim to boost the core …
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Qatar takes UAE to UN human rights court over blockade
… The government of Qatar is taking the United Arab Emirates (UAE) to the UN International Court of Justice over what it described as human rights violations, according to Reuters news agency. The move on Monday comes a year after the UAE, Saudi …
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Seven UAE exchange houses have licenses downgraded
The UAE Central Bank has downgraded the license of seven exchange houses. The Central Bank said they had violated regulations, including anti-money laundering measures. Based on this decision, the exchange houses will be prohibited from any activities …
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UAE’s Central Bank downgrades 7 exchanges houses for money-laundering violations
The Central Bank of the UAE downgraded the licences of seven exchange houses on Monday after the companies violated regulations such as anti-money laundering rules. The exchange houses are now banned from carrying out any transactions related to …
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UAE Central Bank halts remittances at seven exchanges
The UAE’s Central Bank has downgraded the licences of seven exchange houses for violating regulation relating to anti-money laundering and other areas. The affected companies are prohibited from conducting any activities relating to remittances or …
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Business Analyst (Wholsesale Banking) – ADCB Abu Dhabi Commercial Bank – Dubai Jobs
To provide day to day transactional assistance and service to end users in the development, installation, delivery, maintenance, and issue resolution and provide support in the area of business applications that best meet end-user business processes and …
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Qatar takes UAE to U.N. human rights court over boycott
LONDON (Reuters) – The government of Qatar said it Monday it was taking the United Arab Emirates to the United Nations’ International Court of Justice over what it described as human right violations. The UAE, Saudi Arabia, Bahrain and Egypt imposed a …
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Dubai’s private sector sees strong growth, but hiring remains dull
“New project wins, Expo 2020 and forecasts of robust demand underpinned business confidence,” it said. Dubai’s economic growth slowed last year, with gross domestic product growing 2.6 per cent to Dhs389bn in 2017 compared to a growth rate of 2.9 per …
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