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Category: FINANCE

Posted on 15/11/2023

Russian gold floods into Hong Kong after UAE cracks down on illicit activity

Russian gold shipments to Hong Kong have soared to 68 tons so far this year, four times the amount for all of 2022.

Posted on 15/11/2023

Dubai Taxi To Launch IPO By December – Dailynewsegypt

Dubai Taxi Corporation, a mobility solutions provider, plans to list its shares on the Dubai Financial Market (DFM) by December 2023. …

Posted on 15/11/2023

Dubai International Chamber launches new international representative office in Frankfurt, the financial capital of the Eurozone

one of the three chambers operating under the umbrella of Dubai Chambers, has enhanced its growing presence in Europe with the inauguration of a new international representative office in Germany.

Posted on 15/11/2023

After UAE guarantee, Pakistan expects 2nd tranche of IMF package this week

International Monetary Fund chief Kristalina Georgieva confirms development as Islamabad expects to get $710M in 2nd tranche ‘very soon’ …

Posted on 15/11/2023

The Finance Today Summit 2023 hosting top trends shaping the transformation of finance

The Finance Today Summit 2023 offers a valuable opportunity to network, share knowledge, and explore emerging trends in the financial sector. The event is expected to attract significant attention …

Posted on 15/11/2023

UAE payments revenue to hit $19.8bn by 2027, says BCG

Growth in the UAE’s payments space is being fueled by a surge in digital transactions and technological advancements such as generative AI.

Posted on 15/11/2023

UAE anti-money laundering chief praises Singapore’s S$2.8B bust

SINGAPORE: The director-general of the UAE’s Executive Office of Anti-Money Laundering and Counter-Terrorism Financing, Mr… The post UAE anti-money laundering chief praises Singapore’s S$2.8B bust a …

Posted on 15/11/2023

Dubai branded residences boom; UAE Green Residence Visa; Emirates IPO – 5 trending stories to read today

Emerald Palace Group has announced a partnership with Raffles Branded Residences to unveil “The Contemporary Collection” of Raffles The Palm Residences and Penthouses on the West Crescent of Palm …

Posted on 15/11/2023

Mohammed bin Rashid meets with global banking leaders participating in the 2023 International Monetary Conference

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today met with global banking leaders participating in the International Monetary …

Posted on 15/11/2023

Live news: Hedge funds Millennium and Schonfeld end partnership talks

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how …

Posted on 15/11/2023

Elevating customer loyalty in the UAE: Strategies for Banks

In a fast-evolving technological landscape, where accessibility is becoming more seamless, and an increase of digital tools is enabling companies to serve better their customers – a new wave of …

Posted on 14/11/2023

Emirates IPO: ‘That is the government’s decision,’ says Sheikh Ahmed

I don’t think Emirates and flydubai will not give me a chance to think about any other airline,” Sheikh Ahmed said …

Posted on 14/11/2023

Dubai Airshow 2023: First Class to stay crucial for Emirates, says Sheikh Ahmed

Commenting on when and if the Emirates Group would consider an initial public offering (IPO), Sheikh Ahmed said, “I think it is a good thing to see there would be ten companies in Dubai that would IPO …

Posted on 14/11/2023

Dubai real estate sector records $735mn worth of property deals on Monday

According to data from the Dubai Land Department, the transactions included 430 sales, with land sales reaching AED1.31 billion and apartment and villa sales totaling AED930.64 million …

Posted on 14/11/2023

‘Largest margin erosion in banking history’: Comyn stands firm in mortgage war

CBA boss Matt Comyn is standing his ground in the mortgage wars, even as analysts tip the bank will need to blink on pricing amid its declining share of the mortgage market.

Posted on 14/11/2023

Long-haul carrier Emirates announces $52 billion aircraft buy from Boeing as Dubai Air Show opens

Long-haul carrier Emirates opened the Dubai Air Show on Monday with a $52 billion purchase of Boeing Co. aircraft, showing how aviation has bounced …

Posted on 14/11/2023

Dubai Taxi Company to offer 24.99% stake in IPO

Dubai Taxi Company (DTC) will offer 624.75 million shares, or 24.99% of its capital, in an IPO as the Dubai government announced its intention to float its transport unit …

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