Dubai: Sheikh Hamdan, Crown Prince of Dubai and Chairman of the Executive Council, today congratulated his brother Sheikh Maktoum bin Mohammed b …
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Inside the banking struggles of UAE’s start-ups
Hefty minimum-amount requirements combined with a bureaucratic and lengthy procedure are just some of the hurdles the country’s entrepreneurs face when setting up an account for their small businesses …
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Qatar National Bank 2021 profit up 10% driven by loan growth
Qatar National Bank, the Gulf’s biggest bank by assets, on Tuesday reported a 10% increase in annual net profit driven by loan growth.
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UAE – ADX, FTSE Russell to create new benchmark indices
The Abu Dhabi Securities Exchange’s (ADX) robust strategy to be recognised as a global exchange was manifested on Tuesday with the announcement of its partnership with FTSE Russell — a wholly-owned …
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Let universities start taking up ‘green finance’ courses in a big way
Universities are ideal to prepare world’s young to learn what is best about funding green With the UAE to host COP28 in 2023 and pledging to become net-zero by 2050, the country is at the cusp of a …
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One of the world’s biggest wealth funds targets sustainable finance
Kuwait Investment Authority has applied the ESG standard set by an independent globally-recognised ESG benchmark provider.
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UAE economy shifts course from recovery to solid growth
The latest growth forecast from the Central Bank of UAE (CBUAE) exudes confidence in the UAE’s ability to transform the gradual economic recovery achieved during the past 18 months into a solid growth …
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Dubai Multi Commodities Centre achieves record growth
Authority has announced that it achieved its best year on record, attracting 2,485 companies, representing 146 geographies, to Dubai in 2021. The record-breaking performance follows on from the 2,025 …
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The role of SMEs in boosting the trade relationship between Brazil and the UAE
Small businesses account for 99 per cent of all enterprises in Brazil and 95 per cent of private sector companies in the UAE …
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Up to Dh100,000 fine for violating this law in Dubai
Dubai: The fine for violating the rights of People of Determination in Dubai can go up to a maximum of Dh100,000. The fine will be doubled if the offence is repeated within the first year. This …
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UAE – Xlife Sciences plans listing on the “Sparks” segment of SIX Swiss Exchange
Listing on the new“Sparks” segment of SIX Swiss Exchange for small and medium-sized companies is planned for Q1 2022, subject to market envi …
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Kotak Vs BharatPe’s Ashneer Grover: Bank’s Reply Shows Viral Clip Wasn’t Fake After All
Kotak has placed on record its objections to inappropriate language used by Ashneer Grover, heard in a leaked audio clip dismissed as fake …
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Dubai Free Zone Council looks to help SMEs open bank accounts
Opening a business bank account is one of the most pressing challenges start-ups and SMEs face Dubai Free Zone Council looks to help SMEs open bank accounts banking services, Dubai Free Zones Council, …
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UAE – Pakistan asks IMF to delay 6th country review meeting to January-end
Pakistan has requested the International Monetary Fund (IMF) to delay a board meeting meant to consider the country’s sixth review to the end of January, the finance ministry said. The meeting was …
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Start a financial services business in Dubai, UAE
When you think Dubai, you think money. That’s no doubt largely down to the nation’s many incredible ambitious building projects.
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UAE agtech major Pure Harvest hires senior team to drive GCC growth
Vertical farming firm, which has so far raised total capital in excess of $272m, bolsters leadership and management teams UAE agtech major Pure Harvest hires senior team to drive GCC growth …
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Markets mixed in UAE as it shifts to new working week
United Arab Emirates stock markets had mixed fortunes as they shifted to a new Monday to Friday working week to better align with global markets.
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