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Category: FINANCE

Posted on 22/08/2022

Overview of Islamic Finance Development in UAE

His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Ruler of Dubai, unveiled the ‘Capital of the Islamic Economy’ initiative, a groundbreaking, all-encompassing vision to furthe …
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Posted on 22/08/2022

Indian rupee dips to 21.74/Dh, but UAE’s Indian expats should wait longer on remittance plans

Image Credit: Shutterstock Dubai: The Indian rupee has started the … Analysts are veering towards the opinion that an entry by RBI (Reserve Bank of India) to halt the rupee slide will more …
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Posted on 22/08/2022

Parents left homeless after returning from Dubai to find tenant ‘won’t leave’

A couple who are parents to two young children have been left ‘helpless and homeless’ after returning home to their property they were renting out to find the tenants had not left. It has left Carna …
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Posted on 22/08/2022

Dubai looks to restart mothballed luxury developments for wave of wealthy incomers

Dubai developers are dusting off plans for long-dormant projects as demand for luxury property surges from a wave of wealthy new arrivals to the Gulf city-state. State and government-related real …
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Posted on 21/08/2022

UAE: Can a travel ban be imposed over unpaid loans, credit card dues?

Under what circumstances can a travel ban be imposed on me over outstanding loans and credit card dues? How do I find if I have a travel ban? Response: Pursuant to you queries, it is assumed that you …
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Posted on 21/08/2022

Standard Chartered Appoints Ayesha Abbas as UAE Head Of Consumer, Private And Business Banking

Private and Business Banking, UAE. In this role, Ayesha will “report to Rola Abu Manneh, Chief Executive Officer, Standard Chartered, UAE and Bongiwe Gangeni, Regional Head, CPBB, MENA and Europe.” …
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Posted on 20/08/2022

Egypt: Sale of state assets to Saudi and UAE wealth funds divides opinion

As Cairo pushes privatisation to mitigate economic setbacks, the motives of Arab states investing billions of dollars are being questioned …
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Posted on 20/08/2022

UAE: Abu Dhabi Securities Exchange tops Arab region in market value increase

The Abu Dhabi Securities Exchange (ADX) was the leading Arab financial market in terms of performance last week, as its index surged by 3.6 per cent, and its market value by 3.03 per cent, according …
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Posted on 20/08/2022

4C Mortgage expands its operations in the Capital

Dubai: 4C Mortgage Consultancy, a Dubai based leading mortgage consultancy opened its first branch office in the Abu Dhabi. The opening was witnessed by the company’s top management and senior …
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Posted on 20/08/2022

StanChart names UAE consumer, private banking head

private and business banking, UAE (CPBB UAE). In this role, Ayesha will report to Rola Abu Manneh, Chief Executive Officer, Standard Chartered, UAE and Bongiwe Gangeni, Regional Head, CPBB …
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Posted on 20/08/2022

The Crypto Geniuses Who Vaporized a Trillion Dollars

Her buyers, Su Zhu and Kyle Davies, two Andover graduates who ran a Singapore-based crypto hedge fund called Three Arrows Capital, never got the chance to spray Champagne across Much Wow’s bow.
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Posted on 19/08/2022

UAE bourses in red on weak oil, growth worries

Dubai’s main share index led stock markets in the United Arab Emirates lower on Friday, as oil prices fell on concerns about a global economic slowdown.
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Posted on 19/08/2022

Dubai Prices Skyrocket Less Than Year After Steep Deflation

Consumer prices in Dubai are increasing faster than in Singapore and approaching levels seen across much of Europe, capping a sharp reversal after almost three straight years of deep deflation.Most …
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Posted on 19/08/2022

Standard Chartered appoints UAE Head of Consumer, Private and Business Banking

Key focus on growing the Bank’s digital offering, wealth management and affluent proposition Dubai – Standard Chartered Bank (the Bank) announced today the appointment of Ayesha Abbas as Head of …
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Posted on 19/08/2022

Standard Chartered appoints Ayesha Abbas to lead the bank’s digital offering

Private and Business Banking, UAE (CPBB UAE). In this role, Ayesha will report to Rola Abu Manneh, Chief Executive Officer, Standard Chartered, UAE and Bongiwe Gangeni, Regional Head, CPBB, Africa …
( read original story …)


Posted on 18/08/2022

Scottish judge urged to follow Irish colleagues in resigning from Dubai finance court

A retired Scottish judge has been urged to follow the example of Ireland’s former chief justice Frank Clarke and former High Court president Peter Kelly in resigning from the Dubai International …
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Posted on 18/08/2022

UAE intensifies training of central bank employees involved in risk-based supervision

The Central Bank of the UAE (CBUAE) has launched an advanced certification for risk-based supervision professionals for employees amid ongoing efforts to strengthen anti-money laundering framework.
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