India-headquartered Spocto expands into the UAE to further the global ambitions of its parent company,Yubi Given that it’s a part of Indian fintech unicorn Yubi, one would expect that digital …
UAE to loan $1bn, roll over another $2bn
The loan announcements came as prime minister, Shehbaz Sharif, kicked off a two-day visit to the United Arab Emirates. He met UAE President Sheikh Mohammed bin Zayed al-Nahyan, and was due to discuss …
UAE Islamic bank assets hit $166bn
Sharia-compliant UAE banks grew assets to $166bn UAE Islamic bank assets hit $166bn Central Bank of the UAE, Islamic banking, Islamic economy, Islamic Finance Banking & Finance …
UAE pledges $3bn loan to help cash-strapped ally Pakistan
Existing loan of $2bn will be topped with an additional loan of $1bn, a statement by Pakistani premier’s office says.
UAE announces new guidance to control money laundering
The United Arab Emirates has been working to counter money laundering since being added to the Financial Action Task Force’s “grey list” last year.
UAE to provide $1b fresh loan to Pakistan, agrees to roll over existing $2b debt
The UAE has agreed to roll over the existing loan of $2 billion to Pakistan and said it will provide additional $1 billion loan that will help boost foreig..
UAE Increases Pakistan Financial Assistance to $3 Billion
Pakistan has said the United Arab Emirates has agreed to increase its financial assistance to Pakistan to $3 billion, a move key to bolster foreign exchange reserves for the South Asian nation reeling …
UAE names oil company chief to lead this year’s U.N. climate talks
Authorities nominated Sultan al-Jaber, a trusted confidant of UAE leader Sheikh Mohammed bin Zayed Al Nahyan … Dhabi’s outskirts — an effort later pared back after the global financial crisis that …
UAE to loan $1bn, roll over another $2bn to Pakistan, says minister
Dubai: The United Arab Emirates agreed on Thursday to lend $1bn to Pakistan and roll over an existing $2bn loan, Pakistan s information minister …
Dubai Islamic Bank offers new financing solutions to future Tesla owners
Dubai Islamic Bank PJSC (“DIB”), the largest Islamic bank in the UAE and the second-largest Islamic bank in the world, is p …
UAE rolls over existing $2bn loan, agrees to provide additional $1bn
He praised the historical relations between the two nations and the valuable contributions made by the Pakistani community in the UAE.” PM Shehbaz invited the UAE president on a state visit to …
Dubai real estate market records AED1.8 billion transactions on Wednesday
Wednesday’s property deals included 461 sales transactions worth AED1.43 billion, 89 mortgage deals of AED350.12 million and 15 gift deals amounting to AED55.11 million Dubai real estate market …
Dubai Islamic Bank launches financing solution for future Tesla owners
The fully digital financing process will make it easier for Tesla customers to apply for auto financing and improve their buying experience.
Startup Spotlight: Dubai-Based Sav Is Helping UAE Residents Take Better Control Of Their Savings And Spendings
Sav is a hyper-personalized money management app that enables users to achieve goals-based savings. The need for better financial literacy and personal finance knowledge has long been a topic that has …
UAE, Israel hold first financial dialogue
The dialogue session was held virtually and seeks to boost cooperation and encourage innovation in financial services between the two countries UAE, Israel hold first financial dialogue bilateral …
I had £127,000 accidentally deposited into my bank account – so I spent it and nothing will make me hand it back
A MAN who was accidentally paid £127,000 into his bank account has been jailed after refusing to hand any of the cash back. The Indian man living in the UAE was put behind bars for a month after …
UAE: Central Bank issues new guidance on anti-money laundering and combatting terrorism financing
Financial institutions will be assisted with understanding risks and the effective implementation of their statutory obligations …