IDC estimated that public cloud services adoption is accelerating at a CAGR of 28 per cent year on year between 2020 and 2025 in the UAE ... ( read original story ...)
5 ways to protect investments from inflation and make profits in times of crisis
Even if your money is growing in value, inflation has always been one such risk that can still reduce the bottom line value of your investments. Moreover, with inflation soaring globally currently to ... ( read original story ...)
NCB Capital named Best Asset Management Company
The award, presented in Dubai on 21stDecember at the Emirates ... NCB Capital's asset management strategies include hedge fund-of-funds, fixed income, money market and local equities and it ... ( read original story ...)
Abu Dhabi Sustainable Finance Forum to be carbon neutral
Abu Dhabi Global Market (ADGM) has announced that the fourth edition of its landmark Abu Dhabi Sustainable Finance Forum (ADSFF), to be held virtually today (January 19), will be a carbon-neutral ... ( read original story ...)
UAE agrees deal to boost Turkey’s central bank reserves
Turkey and the United Arab Emirates signed a $5bn deal to boost Ankara’s foreign currency reserves in the latest sign of warming ties between the two former arch rivals. The two nations’ central banks ... ( read original story ...)
Central Banks of UAE, Turkey sign currency swap agreement
The Central Bank of the United Arab Emirates (CBUAE) and the Central Bank of the Republic of Turkey (CBRT) Wednesday announced the establishment of a bilateral currency swap agreement between the UAE ... ( read original story ...)
FSS partners with UAE’s first digital banking platform to support global expansion
FSS (Financial Software and Systems) announced its collaboration with YAP, the United Arab Emirates' (UAE) first independent digital banking platform, to deliv ... ( read original story ...)
UAE-based trade finance platform 360tf raises $1.5m five months into launch
Dubai: A trade financing platform, 360tf, has raised $1.5 million in new funds five months after going live. The portal connects banks and businesses to manage their letters of credit financing needs. ( read original story ...)
Turkey, UAE central banks ink $4.7B currency swap deal
have inked a swap agreement with a nominal size of 18 billion UAE dirhams and TL 64 billion ($4.7 billion), the Central Bank of the Republic of Turkey (CBRT) announced Wednesday. "The agreement, which ... ( read original story ...)
Turkey, UAE Sign FX Swap Deal Worth $5 Billion
Turkey signed a currency swap agreement with the United Arab Emirates, boosting its central bank’s dwindling foreign-exchange reserves.Most Read from BloombergMicrosoft Buys Scandal-Tainted Activision ... ( read original story ...)