Category: FINANCE

RIYADH: The Dubai stock market closed on a positive note on Wednesday helped by solid gains at Emirates NBD after the emirate’s largest bank reported solid quarterly earnings, while other markets were …
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DUBAI, 21st July, 2018 (WAM) — In line with the nationwide celebrations of ‘UAE-China Week’, Hamdan bin Mohammed Smart University, HBMSU, has reaffirmed its commitment to building bridges of knowledg…
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RIYADH (Reuters) – China and the United Arab Emirates signed a raft of financial, business and trade agreements on Friday during a visit by President Xi Jinping to the UAE that signaled energy-hungry …
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ABU DHABI (Reuters) – China and the United Arab Emirates signed a raft of financial, business and trade agreements on Friday during a visit by President Xi Jinping to the UAE, underscoring energy-hung…
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As the first Gulf country to forge a strategic partnership with China, the UAE has enjoyed a prosperous financial cooperation with China over many years. The bilateral economic and financial relations …
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Dubai – Mubasher: Emirates Islamic Bank has recorded a 25% year-on-year increase in net profit during the first six months of 2018, recording AED 485 million. Meanwhile, the bank’s total income grew 3 …
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As part of joint efforts to foster a closer trading relationship and develop increased investment opportunities, the Central Bank of the UAE and the People’s Bank of China signed a bilateral currency …
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Dubai – Mubasher:The Dubai Financial Market (DFM) concluded the week ended 19 July on a positive note backed by banking and real estate stocks. The DFMGI gained 1.45% or 42 points to close the week at …
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“Khalil’s background as an entrepreneur and Dubai’s passion for cars make this a perfect fit for the Tint World® family,” Bonfiglio said. “He and his family have a lot of business experience in the re…
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South Sudan has abandoned Kenya as one of its key banking destinations following a complex court battle with a Khartoum-based contractor, Dubai Bank founder Hassan Zubeidi and the Kenya Deposit Insura…
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As the first Gulf country to forge a strategic partnership with China, the United Arab Emirates (UAE) has enjoyed fruitful financial cooperation with China over the past years. Bilateral cooperation i…
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Over 200 industry leaders are expected to converge at the GCC region’s first debt restructuring and NPL-focused summit in Dubai in September. Middle East Global Advisors, a leading financial intellige…
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ABU DHABI, July 19 (Xinhua) — As the first Gulf country to forge a strategic partnership with China, the United Arab Emirates (UAE) has enjoyed fruitful financial cooperation with China over the past …
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Dubai – Mubasher: Bahrain-based GFH Financial Group has affirmed no exposure to the ailing private equity firm Abraaj Group. The group indicated it has signed an agreement to acquire Abraaj’s stake in …
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DUBAI (Reuters) – Saudi Aramco IPO-ARAM.SE said on Thursday it is looking to buy a strategic stake in Saudi petrochemical maker SABIC 2010.SE, a move that could boost the state oil giant’s market valu…
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Dubai-based Mashreq Bank on Wednesday posted a 5.2 percent increase in net profit to AED1.2 billion for the first half of 2018 compared to the year-earlier period. Operating ncome was up by 3.7 percen…
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Besides the UAE, Qatar, China, Argentina and Malaysia were ranked in … Brazil and Uruguay. “As the global push for financial transparency continues, international firms face an increasingly complex …
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