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Category: FINANCE

Posted on 05/06/2019

UAE leaders offer Eid Al Fitr prayers, receive well-wishers

Deputy Ruler of Dubai and UAE Minister of Finance, Shaikh Maktoum Bin Mohammad Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Shaikh Ahmad Bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation …
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Posted on 05/06/2019

Rich keeping large chunk of their wealth in UAE

said Farzad Billimoria, head of the HSBC Private Banking (Suisse), Dubai International Financial Centre Branch. He pointed out that there are quite a few trends emerging in terms of private …
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Posted on 05/06/2019

Ramadan Scammers Flood UAE With Bogus Texts

… claiming bank debit and credit cards have been blocked by the UAE government are flooding the UAE. The fraudsters are fishing for personal and financial information, falsely explaining the details …
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Posted on 05/06/2019

Emirates NBD builds bank of future with Amazon Web Services

Dubai headquartered Emirates NBD is creating a bank of the future with artificial intelligence (AI) at its core. The bank is using technology, including machine learning services from Amazon Web …
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Posted on 05/06/2019

UAE Central Bank bites bullet on growth, but better news is to come

There is a 50 billion dirham ($13.6 billion) economic stimulus package in place in the capital. (Reuters) Last week the Central Bank of the UAE surprised economics analysts with a big downgrade of its …
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Posted on 04/06/2019

UAE Bank Issues 100 Dirham Note Features Sheikh Zayed Bridge

Earlier in 2018, the UAE Central Bank introduced new features for the Dh100 note and also added a new image for some series, which replaced the Dubai Trade Centre with the Shaikh Zayed Bridge in Abu …
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Posted on 04/06/2019

Debt and aggressive credit card selling among top UAE consumer complaints, says Central Bank

The five top consumer complaints raised by banking customers in the Emirates relate to debt, delays, aggressive credit card selling, as well as bank account and remittance issues, according to the …
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Posted on 04/06/2019

Bank of Baroda: Ode to development

As recognition, Modi was recently awarded the Zayed Medal, the highest civilian honour by the UAE. The dirham-rupee boost In the banking sector, notably the finance arena, the leaders of both …
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Posted on 04/06/2019

Ex-Hedge Fund Workers Deny Role In $1.9B Danish Tax Fraud

The three former workers at Solo Capital Partners Ltd., a U.K. hedge fund run by the alleged architect of a $1.9 … Anupe Dhorajiwala, chief operating officer of Solo Capital’s Dubai-based unit, …
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Posted on 03/06/2019

Have you seen the new Dh100 bank note?

The Dh100 bank note was pushed into circulation by the UAE Central Bank in 2018, and has been recently spotted by residents. Image Credit: Supplied Dubai: Eid is coming right round the corner …
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Posted on 01/06/2019

UAE tops in GCC bank assets with $682B

(MENAFN – Khaleej Times) The UAE continues to boast the biggest share of total listed bank assets in the GCC at $682 billion or 31.3 per cent of the total GCC banking assets, a leading investment …
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Posted on 01/06/2019

UAE- Mashreq launches banking services on WhatsApp

(MENAFN – Khaleej Times) Mashreq Bank has launched banking services on WhatsApp, which will allow existing as well as potential customers to interact with the bank quickly and easily. This …
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Posted on 01/06/2019

UAE- How data and analytics can improve HR, finance collaboration

(MENAFN – Khaleej Times) Today’s talent economy is evolving faster than ever before with new generations entering the workforce and emerging technology driving growth across nearly every industry. …
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Posted on 01/06/2019

How the UAE is leading the way for green financing in the GCC

Additionally, GCC governments are laying the groundwork for a green finance sector to support sustainability targets. In October 2018, legislation came into force in the UAE that provides a …
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Posted on 01/06/2019

UAE first regionally, fifth globally in competitiveness

The UAE came first globally in Management Practices, second in International Trade, Productivity and Efficiency, Basic Infrastructure, Attitudes and Values and third globally in Public Finance and Tax …
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Posted on 01/06/2019

Revealed: the most sought-after jobs in the UAE

Robert Half UAE has revealed that analysts, developers and finance managers top the list of in-demand roles for 2019 as employers focus on digitalisation. According to its 2019 Salary Guide, over half …
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Posted on 31/05/2019

UAE tops in bank assets in GCC at $682b

The UAE continues to boast the biggest share of total listed bank assets in the GCC at $682 billion or 31.3 per cent of the total GCC banking assets, a leading investment bank said. The growth in …
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