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New Payment Method Will Soon be Launched to All Debit Cards in the UAE
Banks and financial institutions across the UAE are gearing up to introduce a new payment card called Jaywan starting in the second quarter of this year. The initiative, slated to be completed within …
Have Dubai property prices reached their peak?
Dubai’s residential property prices are expected to moderate this year, but the market shows no signs of letting up for the foreseeable future, analysts have said. Favourable interest rates and …
Dubai’s popular golden visas helping city defy global office slump
Policymakers wanted to help Dubai shed its reputation of being a transient city by attracting expatriates and encouraging some of them to set up businesses …
Wall Street’s Moelis Bet Big on the Middle East. Now He’s Cashing In
The boutique moved a senior equity capital markets banker to Dubai from Hong Kong in late 2022 to capture a bigger slice of the IPO boom. Advisory specialists from Lazard Ltd. to Jefferies Financial …
DBWC promotes financial skills among members
Dubai Business Women Council (DBWC) recently conducted a dynamic half-day session titled “Start-up: From Inception to Operation” as part of its Finance Accelerator Programme.Led by renowned finance …
UAE firm to install Dh734-million clean energy plant in DR Congo
The UAE-based company SkyPower Global has bagged a contract from the Africa Finance Corporation (AFC) to install a 200-megawatt clean energy plant in DR Congo. Spanned over four phases, the first …
I’ve spent £1.6million trying to free my innocent Brit dad from hellhole Dubai jail – now I fear he will die in prison
THE family of a Brit grandad being held in a hellhole Dubai prison fear he will never be freed – despite being cleared of any wrongdoing. Albert Douglas, 61, has been held since 2021 …
Digital Gravity Unveils ‘Aani’: UAE’s Game-Changer In Instant Payments, Introduced By Central Bank
But here’s the real magic: Aani wasn’t built in isolation. It’s the brainchild of a collaboration between the UAE Central Bank and some of the brightest mobile app developers in Dubai . These tech …
Jaywan in UAE: Soon, all debit cards to be issued with new payment solution
Banks and financial institutions in the UAE will start issuing the payment card called Jaywan from the second quarter of this year, Khaleej Times can revea..
Dubai Islamic Bank launches SHAMS credit card with Visa
The SHAMS Visa Credit Card offers cashback, travel, lifestyle and rewards in a single product for the customers …
UAE, India among top countries to do business in but Western economies hold sway in one key aspect
Asian and West Asian countries are leading in consumer services while Western economies continue to lead in business services, which are more profitable.
Young UAE-based Climate Tech Angel Investors favor African and MENA regions
The average age of participants is younger than their global counterparts and features a higher female ratio …
Pakistan to sell 82% stake in First Women Bank to UAE government – Report
The government of Pakistan has decided to divest its 82 percent stake in the First Women Bank Limited to the UAE government, reported Karachi-based ARY News channel. The transaction will occur at a …
Guinea set to raise $4bln from UAE for development projects
DUBAI: Guinea is on track to raise around $4 billion in the United Arab Emirates this week to finance development projects in the West African state, a government minister said.
Flooding in Dubai as drainage systems struggle to cope with downpour
Heavy rains caused flooding and blocked streets in some areas of Dubai on Feb. 12. Cars were trapped in standing water as drainage systems were unable to cope with the downpour. More severe weather is …
IMF praises UAE’s economic resilience
The International Monetary Fund has praised the UAE’s robust economic performance in recent years and highlighted its exceptional handling of global challenges.Jihad Azour, director of the IMF’s …