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Category: FINANCE

Posted on 16/02/2021

Aafaq Islamic Finance Introduces ‘Osool’ To Empower Emirati SME Owners

Aafaq Islamic Finance, the leading Islamic Finance Company for individuals and companies in the UAE, in partnership with Dubai SME, the agency of Dubai …
( read original story …)


Posted on 16/02/2021

Saudi Arabia Adds Pressure On Firms To Move To Riyadh, Challenges Dubai

Saudi Arabia is increasing pressure on international firms to shift their Middle East hubs to the kingdom, posing a direct challenge to neighboring Dubai as a regional rivalry heats up.
( read original story …)


Posted on 16/02/2021

FG seeks fruitful synergy in Nigeria-UAE relations for economic benefits

The Federal Government has called for robust collaboration with the United Arab Emirates (UAE) in strengthening existing bilateral relations between the two countries. Minister of State, Finance, …
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Posted on 15/02/2021

Why millennials are likely to drive growth in global Islamic finance

Young Muslims want to know that their money is doing good in the world, says Islamic finance expert The future of global Islamic finance belongs to the “young and the bold” who want to make an impact …
( read original story …)


Posted on 15/02/2021

Experts offer guidance for businesses on UAE economic substance regulations

Dubai Chamber webinar, organised in cooperation with Al Tamimi & Co., examined latest developments and provided guidance with respect to the economic substance regime.
( read original story …)


Posted on 15/02/2021

Omdia recognizes Comviva’s mobiquity® Banking Suite as a key Digital Banking Platform

Omdia, formerly Ovum, one of the world’s leading research and consultancy company, has featured Comviva’s mobiquity® Banking Suite as one …
( read original story …)


Posted on 15/02/2021

Sara Al Madani wants to be part of the UAE Covid solution

As a proud UAE national, award-winning entrepreneur, public speaker and recognised local personality, Sara Al Madani wields more influence than most (just don’t call her an ‘influencer’. More on that …
( read original story …)


Posted on 15/02/2021

Dubai Airport Boss Warns Tough Year Ahead After 2020 Passenger Numbers Slide 70%

Dubai Airports’ chief executive warned on Monday it would be another tough year for the Middle East’s busiest hub, Dubai International, after passenger numbers slid 70% in 2020. The airport, the base …
( read original story …)


Posted on 15/02/2021

With IPO Plans For Later This Year, Policybazaar Set To Raise $70 Million From Abu Dhabi Based Firm

Gurugram based unicorn Policybazaar’s valuation is likely to surge significantly with Abu Dhabi based investment firm ADQ set to invest $70 million in the online insurance aggregator platform business …
( read original story …)


Posted on 15/02/2021

UAE’s Hope probe sends back first image of the Red Planet after entering the orbit

The UAE’s “Hope” probe sent back its first image of Mars, the national space agency said Sunday, days after the spacecraft successfully entered the Red Planet’s orbit. The picture “captured the …
( read original story …)


Posted on 14/02/2021

Sales Executive, Receptionists top hires in UAE

Receptionist (19%), and Sales Manager (17%) emerged as the top roles that UAE employers are hiring for in the coming quarter in a survey conducted recently by Bayt.com, the Middle East’s top job site, …
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Posted on 14/02/2021

IPO price for Saudi Alkhorayef Water set at $19.20 per share

Investment bank Saudi Fransi Capital said Sunday that the final offer price for the initial public offering (IPO) of Alkhorayef Water & Power Technologies Company (AWTC) is 72 Saudi riyals ($19.20) …
( read original story …)


Posted on 12/02/2021

Central Bank’s total assets up 6.6% to Dhs470.5 billion in December

The total assets of the Central Bank of the United Arab Emirates grew 6.6 per cent to Dhs470.5 billion by the end of December 2020, CBUAE latest statistics have showed.
( read original story …)


Posted on 11/02/2021

Fund Managers Deny ‘Baseless’ Claims In $2B Tax Fraud Suit

Two former employees of a British hedge fund at the center of action brought by Denmark’s tax authority against dozens of financial professionals have hit back at “baseless” allegations that they took …
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Posted on 11/02/2021

Why the UAE could emerge as the preferred destination for Indian investments

Indian government takes decision to reclassify the UAE, making it more attractive for foreign portfolio investors …
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Posted on 11/02/2021

UAE trust law creates ‘hugely important tool’ for wealth sector

Investors ‘have a new structure in which to hold their assets efficiently and with full legal recognition’ #pinsentmasons #trusts #uae …
( read original story …)


Posted on 11/02/2021

How Mars mission success could send ‘Brand UAE’ stratospheric

The UAE’s Hope Probe on Tuesday completed a complex manoeuvre – the most critical part of the mission – that saw the spacecraft rapidly reducing its speed from 121,000km/h to 18,000km/h to enter Mars’ …
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