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Tag: banking

Posted on 28/09/2024

UAE elected to institution for Asian nations focusing on auditing, public finance

Chairman of the UAE Accountability Authority, participated in the assembly, which focuses on enhancing cooperation among Asian nations in supervision of public finance and auditing under the broader …

Posted on 27/09/2024

UAE insurance sector growing with premiums up 31% to $9.72bn in H1

The UAE insurance sector has witnessed ongoing growth in the first half of the year, according to Central Bank data …

Posted on 27/09/2024

Dubai Stocks Confront Regional Risks After Rally to 10-Year High

A rally that’s propelled Dubai stocks into the ranks of the best global performers looks set to cool as geopolitical risks increase and bargain valuations become harder to find.Most Read from …

Posted on 27/09/2024

William Ruto’s Govt Plans to Borrow Over KSh 193.5b from UAE In Budget Support

President William Ruto’s administration held talks with the United Arab Emirates (UAE) to secure over KSh 193.5 billion for the fiscal year 2024/25.

Posted on 27/09/2024

FinTech LIVE Dubai – Speaker Sessions

Rewatch six speaker sessions from FinTech LIVE Dubai 2024 and discover the discussions that sparked innovation for the future …

Posted on 27/09/2024

Dubai real estate: Property prices set to rise in 2024, survey reveals

Dubai 2024 Edition report, which surveyed 1,612 respondents, showed that 72 percent expect property prices to rise over the next 12 months …

Posted on 27/09/2024

UAE: Are banks dodging responsibility for cybercrime?

Ajoy Joseph’s Emirates ID had never left his hands. Yet, a forged photocopy of it was allegedly used to obtain three credit cards in his name, each maxed o..

Posted on 27/09/2024

UAE: No OTP, ID verification? Some residents face up to Dh120,000 debt from credit card fraud

From emptied accounts to fraudulent credit card charges, customers reportedly face blame and recovery agents — instead of solutions …

Posted on 26/09/2024

Saudi Arabia’s MC4 to raise $229 mln after IPO priced at top of range

Saudi Arabia’s Fourth Milling Company (MC4) said on Thursday it is set to raise $229 million from an initial public offering (IPO) on its local stock exchange.

Posted on 26/09/2024

Revealed: Why Ruto’s govt plans to borrow over KSh 193.5b from UAE

President William Ruto’s administration held talks with the United Arab Emirates (UAE) to secure over KSh 193.5 billion for the fiscal year 2024/25.

Posted on 26/09/2024

UAE issues Dh1.1 billion Islamic treasury sukuk for September 2024

The Ministry of Finance (MoF), as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuance and payment agent, announced the results of the auction for Islamic Treasury …

Posted on 26/09/2024

UAE Central Bank raises economic growth forecast

The Central Bank of the UAE (CBUAE) raised its forecast for 2024 GDP growth to 4.0 per cent from a previous forecast of 3.9 per cent, citing improvement in..

Posted on 26/09/2024

UAE banking sector showcases resilience with strong capital buffers, favourable liquidity conditions: CBUAE

The Central Bank of the United Arab Emirates (CBUAE) issues its Financial Stability Report for 2023. The report provides a comprehensive assessment of the stability of the UAE financial system and its …

Posted on 26/09/2024

Unlock Key Trade And Economic Insights On UAE For Strategic Advantage With Maersk’s Latest E-Book

( MENAFN – Khaleej Times) Maersk has launched the third edition of its IMEA supply chain Digest e-book providing critical insights into key markets of the Indian subcontinent, Middle East and Africa …

Posted on 26/09/2024

Dubai Seeks to Fast-Track Hedge Fund Boom With New Platform

Capricorn Fund Managers Ltd. is starting a regulatory hosting platform in Dubai that seeks to help hedge funds and investment companies quickly start operations in the city’s financial hub.

Posted on 26/09/2024

Dubai-based GulfNav’s board approves capital hike to take over Brooge

In a statement on the Dubai Financial Market (DFM), GulfNav said the capital hike will be covered through a cash consideration, new shares worth around AED 448.5 million ($122 million) and mandatory …

Posted on 26/09/2024

LinkedIn Ranks Top 10 Startups in KSA, UAE for 2024

LinkedIn has released its annual Top Startups list, featuring the top 10 companies attracting talent in Saudi Arabia and the UAE, respectively. The lists aim to help professionals seeking career …

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