Category: FINANCE

Bank ABC’s decision to open a branch in the DIFC comes as part of its plan to expand its international network, which already spans 18 countries in five continents. “We are pleased that the Dubai Financial Services Authority (DFSA) has granted Bank ABC …
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DEWA will provide Expo 2020 Dubai with electricity and water from October 2020 to April 2021, excluding the electricity that will be generated at Expo’s site; Expo 2020 Dubai aims to have 50 per cent of its power needs supplied from a variety of …
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Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 13.13. The projected lower bound is: 11.86.
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Opening the discussion, Abdul Aziz Al Ghurair, Chairman of UAE Banks Federation (UBF), said transparent SME-bank relationship is key to nurturing healthy entrepreneurship environment in the UAE. “It is clear that there is a need for the financial sector to …
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is accelerating its growth in the Middle East by recruiting a number of experienced professionals for its Dubai branch. The bank will further develop its business and improve the servicing of clients in the Gulf Cooperation Council (GCC) region.
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DUBAI — UMS Conferences, organizers of the upcoming second Arab IPO Summit, on Saturday announced its strategic partners for the summit which include leading exchanges like the London Stock Exchange, Abu Dhabi Securities Exchange, Palestine Exchange …
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The UAE’s banking sector came first on the list of the banking sectors in terms of asset volume in the GCC region, with a total value of about US$711 billion, over (AED2. 61 trillion) in 2016, according to statistics from the Central Bank of the UAE …
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Dubai: The UAE banks’ minimum common equity tier 1 capital (CET 1) ratio could increase to 12 per cent and capital adequacy ratio to 15.5 per cent by 2019, according to the new central bank regulations. But with the already strong capitalisation levels …
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It recently helped broker a $5-billion investment partnership between Dubai ports operator DP World and Caisse … with large European and North American private equity funds, pension funds and hedge funds about potential investments in Saudi, United …
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Dubai: The UAE banking sector remained resilient in 2016 in the face of strong headwinds, according to the Board of Directors of the UAE Banks Federation (UBF), a professional representative body comprising 49 member banks operating in the UAE. The UBF …
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DUBAI, March 5 Emirates NBD (ENBD), Dubai’s largest lender, plans to offer shares in its Islamic real estate investment trust and list them on the Nasdaq Dubai exchange. ENBD REIT said on Sunday it expects to raise about $100 million to $125 million from …
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Souqalmal.com, the UAE’s #1 personal finance and insurance comparison website, surveyed close to 1,500 bank customers in the UAE for the 2017 edition of its annual Bank Satisfaction Index. (Photo: http://mma.prnewswire.com/media/474842/2017 …
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Platform Falls Under New Regulatory Framework And Adheres To Global Best Practices The exchange hosts bell ringing ceremony to celebrate the launch of the new platform Dubai Financial Market (DFM) announced today the launch of a trading platform for …
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· Afkar signed Al Ramz Capital as new Authorized Participant and Cairo’s Beltone Financial as Foreign Liquidity Provider for its Afkar S&P UAE UCITS Exchange Traded Fund Dubai Financial Market (DFM) announced today the launch of a trading platform for …
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The Central Bank of the UAE has issued new regulations to ensure that capital adequacy of all banks operating in the UAE is in line with revised rules outlined by the Basel Committee on Banking Supervision in Basel III, a global regulatory framework for …
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The Central Bank of the UAE has issued new regulations to ensure that capital adequacy of all banks operating in the UAE is in line with revised rules outlined by the Basel Committee on Banking Supervision in Basel III, a global regulatory framework for …
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Dubai Financial Market (DFM) today announced the launch of a trading platform for exchange-traded funds (ETFs), the first of its kind in regional capital markets. Governed by a world-class regulatory framework, the platform offers unprecedented levels of …
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