The Central Bank of the United Arab Emirates (CBUAE) has announced the issuance of seven commemorative silver coins in one set to mark the 50th anniversary …
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Man held in Dubai for taking bank loans in compatriots’ names
Dubai: A Dubai-based man has been charged with duping four of his countrymen by obtaining their documents and making them sign bank loan papers claiming they were job contracts. According to Dubai …
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From a salary of Rs10k, NRI expat became an Indian millionnaire shortly after coming to Dubai: Here’s how
Long-time UAE resident saves 20 per cent of his income and doubles his money, here’s how The 48-year old Indian expat has dabbled in investing across industries, which includes mutual funds, insurance …
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From a starting salary of Rs10k, here’s how NRI expat turns Indian millionnaire within a few years in Dubai
“Within the first eight years of my living in Dubai, I managed to make my first $100,000 (Rs7.5 million or Dh367,300) (saving and gains together) through an investment linked to a …
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Match Made in UAE
LNDDO and Mambu have been working behind the scenes for the past year in order to develop a scalable digital lending solution for SMEs in the UAE and beyond. LNDDO provides short-term working capital …
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Now you can bank in the UAE using Amazon Alexa
Emirates NBD, Dubai’s largest bank, has announced it is offering voice banking with Amazon Alexa in the UAE following its launch in the region. Now you can bank in the UAE using Amazon Alexa Amazon, …
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Saudi’s SISCO, Amiantit consider IPO of subsidiary Tawzea at 15-30% stake, says CEO
RIYADH: Saudi Industrial Services Co., SISCO, along with its partner Amiantit are considering offering a 15 to 30 percent stake in an initial public offering of their subsidiary, the International …
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Profitable Saas firm Capillary Technologies files for IPO: Key things to know
Capillary Technologies IPO consists of a fresh issue of equity shares aggregating to ₹200 crore and an offer-for-sale of ₹650 crore …
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Commercial Bank of Dubai to Debut NFT Art Show
The Commercial Bank of Dubai is hosting an NFT art exhibition in Dubai International Financial Centre in partnership with UAE-based NFT artist Amrita Sethi.
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UAE Central Bank: Some cheque bounce cases will remain criminal offences
Despite the decriminalisation of bounced cheques, some cases will be retained as crimes to achieve the desired objectives of decriminalisation and its replacement by some civil me …
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Emirates NBD joins UAE Trade Finance Gateway project led by ECI
Etihad Credit Insurance (ECI) has signed an MoU with Emirates NBD and Crediti Fintech, for the implementation of the ‘UAE Trade Finance Gateway’. The receivables financing marketplace is designed to …
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Capillary Technologies files papers to float Rs 850-crore IPO
Capillary Tech has filed draft papers with SEBI to raise Rs 850 crore through an IPO. Capillary Technologies (India) has filed papers with market regulator SEBI to raise Rs 850 crore through an …
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Emirates NBD joins UAE Trade Finance Gateway project led by ECI to ease liquidity access for businesses
DUBAI, UNITED ARAB EMIRATES, December 27, 2021/ EINPresswire.com/– Etihad Credit Insurance, the UAE Federal export credit company, has signed an MoU with Emirates NBD, Dubai’ s largest bank and one …
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Ajman Bank, EDB sign MoU on credit guarantee for SMEs
Ajman Bank has signed an agreement with the Emirates Development Bank (EDB) to offer credit guarantee and co-lending for small and medium-sized enterprises (SMEs) in the UAE. The memorandum of …
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UAE – Ajman Bank, Emirates Development Bank sign MoU on credit guarantee for SMEs
Ajman Bank has signed a memorandum of understanding (MoU) with the Emirates Development Bank (EDB) to offer credit guarantee and co-lending for small and medium-sized enterprises (SMEs) in the UAE.
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Aster Healthcare: Moopen plans to demerge Gulf ops, focus on India
Dubai-based Aster DM Healthcare is increasing its focus on India with a target of netting half of the revenue from here over the next five years and plans to hive off its GCC operations into a …
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Dubai wife cleared of hacking husband’s email to obtain his bank statement
Dubai: A Dubai-based wife was cleared of hacking her husband’s email for obtaining his bank statement to use in their divorce case. According to the Dubai Court of Appeal, the 27-year-old woman had …
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