Sharjah Islamic Bank agreed to distribute 8 percent in cash dividends to shareholders, after the bank achieved net profits of AED405.8 million for the year 2020. This came as the bank held its 45th …
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UN experts: Trump ally, UAE firms violated Libya sanctions
American security contractor Erik Prince, a close ally of former U.S. President Donald Trump, violated the U.N. arms embargo against Libya along with three United …
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UAE investors look at potential opportunities across Maldives
The Abu Dhabi Chamber of Commerce and Industry (ADCCI), in co-operation with the Embassy of Maldives in Abu Dhabi, organised a webinar on Maldives investment opportunities.
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Revealed: Arbuthnot shuts Dubai office as managing director exits
Arbuthnot Latham is to shut its Dubai office at the end of May, less than a decade after launch, Wealth Manager has learned. The division was the private bank’s only outlet outside the UK. Managing …
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Islamic Financing Market to See Huge Growth by 2026: NBAD, Dubai Islamic Bank, Kuwait Finance House, HSBC
Global Islamic Financing Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread) is latest research study released by …
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DP World, UAE Region Achieves 100% Conversion In Customer Transactions, Leveraging Emirates Nbd’s Digital Collections Solution
The region’s smart trade enabler, DP World, UAE Region leveraged Emirates NBD’s digital collection solution to convert 100 per cent of related counter transactions to online collection on its Smart …
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Mad Minute stories from Wednesday, February 17th
MILWAUKEE – The National Bobblehead Hall of Fame and Museum on Wednesday, Feb. 17 unveiled two bobbleheads of the cat who became a viral internet hit. The viral moment came when a Texas lawyer …
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ADEX inks Dhs22m deal to finance UAE’s Jenaan sugar refinery project in Egypt
Egypt-based Emirati firm Jenaan Pipes & Irrigation Systems has secured a Dhs22m ($6m) loan from Abu Dhabi Exports Office (ADEX) to import raw materials from UAE-based Borouge to manufacture and supply …
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UAE: ‘Help! My bank cancelled my credit card after I was made redundant due to COVID-19.’
Bank resolved the issue after Gulf News’ intervention …
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Revealed: Arbuthnot shuts Dubai office as global bank boss exits
Arbuthnot Latham is to shut its Dubai office at the end of May, less than a decade after launch, Wealth Manager has learned. The division was the private bank’s only outlet outside the UK. Managing …
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UAE: National Banks Return Back $3.94 Billion from Stimulus
UAE national banks have returned around AED14.47 billion ($3.94 billion) from the stimulus they had received since March 2020 from the Central Bank of t …
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UAE bank partners with MetLife
Deal will give customers access to a range of life and health insurance products #emiratesnbd #healthinsurance #lifeinsurance …
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UAE Managed Security Services Market Size, Share to Exhibit A Robust CAGR Through 2025 – Industry News
The report UAE Managed Security Services Market Size and Analysis maintains enhanced dynamics and is overshadowed by a top player across the globe. The research report provides UAE Managed Security …
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VTB Capital Pre-IPO Fund invests in Whoosh micro-mobility platform
VTB Capital Pre-IPO Fund, a mixed closed-end mutual investment fund, has invested in the Whoosh electric kick scooter sharing service.
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Dubai property stocks turn attractive again
Dubai: Dubai stocks bounced back with blue-chip property stocks leading the gains whereas other Gulf markets offered mixed signals in line with their global counterparts. Dubai Financial Market traded …
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UAE banks return Dhs14.47bn received from Central Bank’s TESS initiative
UAE national banks have returned close to Dhs14.47bn from the stimulus they garnered from the country’s central bank to combat the fallout of the Covid-19 pandemic, statistics have revealed. A …
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Dubai Islamic Bank Full Year 2020 Group Financial Results
Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE and the second largest Islamic bank in the world, today announced its results for the period ending December 31, 2020. Prudent …
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