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Category: FINANCE

Posted on 26/09/2024

Unlock Key Trade And Economic Insights On UAE For Strategic Advantage With Maersk’s Latest E-Book

( MENAFN – Khaleej Times) Maersk has launched the third edition of its IMEA supply chain Digest e-book providing critical insights into key markets of the Indian subcontinent, Middle East and Africa …

Posted on 26/09/2024

Dubai Seeks to Fast-Track Hedge Fund Boom With New Platform

Capricorn Fund Managers Ltd. is starting a regulatory hosting platform in Dubai that seeks to help hedge funds and investment companies quickly start operations in the city’s financial hub.

Posted on 26/09/2024

Dubai-based GulfNav’s board approves capital hike to take over Brooge

In a statement on the Dubai Financial Market (DFM), GulfNav said the capital hike will be covered through a cash consideration, new shares worth around AED 448.5 million ($122 million) and mandatory …

Posted on 26/09/2024

LinkedIn Ranks Top 10 Startups in KSA, UAE for 2024

LinkedIn has released its annual Top Startups list, featuring the top 10 companies attracting talent in Saudi Arabia and the UAE, respectively. The lists aim to help professionals seeking career …

Posted on 26/09/2024

Ministry of Finance holds 3rd session of ‘Customer Councils’ Initiative to zero out government bureaucracy

The Ministry of Finance (MoF) held the third session of the “Customer Councils” initiative, as part of the “Zero Government Bureaucracy” programme. The initiative seeks to gather feedback from both …

Posted on 26/09/2024

UAE Central Bank announces M-Bills auction with four treasury bond issues

ABU DHABI: The Central Bank of the UAE (CBUAE) today announced an auction of Monetary Bills (M-Bills) on 30th September. The auction includes four issues of M-Bills Treasury bonds.

Posted on 26/09/2024

UAE: Etihad ‘working hard’ to be IPO-ready if shareholder decides to list, says CEO

The airline is improving transparency, governance and its balance sheet to be ready to go public if ADQ decides to do so …

Posted on 26/09/2024

Kenya close to agreeing $1.5 billion budget support loan from UAE – source

Kenya’s government is close to agreeing a $1.5 billion loan from the United Arab Emirates with an interest rate of 8.2% which will help bridge the East African nation’s financing gap, a source …

Posted on 25/09/2024

Banking giant Investec opens its Dubai office at DIFC

The new office of the international bank and well-known wealth management company is at Central Park Towers in DIFC …

Posted on 25/09/2024

UAE c.bank sees 4% GDP growth in 2024, state news agency reports

The United Arab Emirates central bank raised its forecast for 2024 GDP growth to 4% from a previous forecast of 3.9%, citing improvement in the oil sector’s performance, the state news agency (WAM) …

Posted on 25/09/2024

Investec opens office in Dubai’s financial centre

Investec opens Dubai office to access $3tn private wealth, offering banking and investment services in a rapidly growing …

Posted on 25/09/2024

UAE Central Bank revises up its 2024 GDP growth forecast to 4% on non-oil sector boost

The UAE Central Bank now expects the country’s economy to expand by 4 per cent this year, an increase from its June estimate of 3.9 per cent, on the back of a boost from its non-oil sector as the …

Posted on 25/09/2024

South African lender Investec opens office in Dubai’s financial centre

JOHANNESBURG (Reuters) -South African lender Investec has opened an office in the Dubai International Financial Centre (DIFC), it said on Wednesday, in a bid to access deep pools of wealth from …

Posted on 25/09/2024

Dubai hedge fund boom lifts UAE economy as region’s rich look to invest

Dubai International Financial Centre authorised 10 new hedge funds last year as rising millionaire population want to invest cash and grow wealth …

Posted on 25/09/2024

Dubai Islamic Bank champions Emirati talent and leadership at Ru’ya Careers UAE 2024

Ru’ya Careers UAE serves as an ideal platform for DIB to promote its array of job opportunities and innovative training programs, all designed to equip Emirati youth with the skills necessary for a …

Posted on 25/09/2024

Emirates Development Bank Underlines Commitment to Financing National Development and SME Growth

Emirates Development Bank (“EDB” or “the Bank”), the key financial engine of economic development and industrial advancement in the UAE, highlighted its …

Posted on 25/09/2024

Investec extends footprint with Dubai International Financial Centre office launch

Investec Dubai International Financial Centre (DIFC) offers advisory and arranging services in private banking, wealth and investment management, and corporate and investment banking.

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