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Tag: banking

Posted on 05/12/2024

Hong Kong needs to nurture insurance talent to rival Singapore and Dubai, CEOs say

Lawrence Lam, Hong Kong CEO at Prudential, says data analysts have become more important than ever in the industry.

Posted on 04/12/2024

Saudi Arabia’s Almoosa plans to raise up to $450 million through Riyadh IPO

Saudi healthcare provider Almoosa Health plans to raise as much as 1.688 billion riyals ($449.3 million) from selling a 30% stake in the company via an initial public offering on the Riyadh bourse, it …

Posted on 04/12/2024

Hedge funds and wealth managers ‘are a boon’ for DIFC

The DFSA (Dubai Financial Services Authority) the independent regulatory agency that oversees financial services …

Posted on 04/12/2024

Dubai’s virtual asset regulator issues alert against XT.com and six other crypto entities

Dubai’s Virtual Assets Regulatory Authority (VARA) has issued alerts for seven crypto entities claiming to be registered and licensed in Dubai. The entities include, Koto Crypto, Finchain, Crypto …

Posted on 04/12/2024

Emirates NBD revitalises bespoke Emirati Package proposition targeting aspirations, lifestyle and financial needs of UAE Nationals

Bank adds full suite of tailored offerings focusing on diversified needs of Emiratis including accounts, loans, wealth management and credit cards …

Posted on 04/12/2024

Emirates NBD revitalises bespoke Emirati Package proposition targeting aspirations, lifestyle and financial needs of UAE Nationals

Bank adds full suite of tailored offerings focusing on diversified needs of Emiratis including accounts, loans, wealth management and credit cards …

Posted on 04/12/2024

Dubai Chambers signs MoU with HSBC to support expansion of companies locally and globally

This collaboration will contribute to enhancing our efforts to accelerate the growth of companies across diverse sectors and attract global investments to Dubai” …

Posted on 04/12/2024

UAE’s Abu Dhabi sets out measures to help business get away from oil

Abu Dhabi, the capital of the United Arab Emirates (UAE), set out measures on Wednesday to simplify processes for businesses as it strives to diversify its economy away from oil. The oil-rich city …

Posted on 04/12/2024

UAE’s Abu Dhabi sets out measures to help business get away from oil

Abu Dhabi, the capital of the United Arab Emirates (UAE), set out measures on Wednesday to simplify processes for businesses as it strives to diversify its economy away from oil. The oil-rich city …

Posted on 04/12/2024

Dubai: Abu Dhabi-based Aldar acquires flagship tower in DIFC for Dh2.3 billion

Located within DIFC and set for completion in 2028, the landmark tower will include commercial and retail spaces split across 40 floors …

Posted on 04/12/2024

Dubai: Abu Dhabi-based Aldar acquires flagship tower in DIFC for Dh2.3 billion

Located within DIFC and set for completion in 2028, the landmark tower will include commercial and retail spaces split across 40 floors …

Posted on 04/12/2024

UAE’s Aldar acquires tower in Dubai DIFC for $626mln

The seller is Dubai developer H&H Development, the builder of Four Seasons Hotel Dubai International Financial Centre …

Posted on 03/12/2024

UAE tells Corporate Tax payers to pay up or face fines

UAE authorities have told Corporate Tax payers to pay dues on time or face fines. The Federal Tax Authority (FTA) called on businesses subject to Corporate Tax to file their returns and pay their dues …

Posted on 03/12/2024

GDC and Linklaters Advise on Talabat’s $2BN IPO in World’s Largest Tech IPO of 2024

Gibson Dunn is advising Talabat on U.S. and English law, while the United Arab Emirates’ Ibrahim .N. Partners are advising on UAE law. Linklaters is supporting the joint lead managers—Emirates NBD Capital, Abu Dhabi Commercial Bank, EFG Hermes UAE, and First Abu Dhabi Bank—on English, U.S., and Abu Dhabi Global Market (ADGM) free zone law.

Posted on 03/12/2024

Building Dubai’s Crypto Hub, The Story Of DMCC’s Leadership

Explore Dubai’s journey to becoming a global crypto hub, from early blockchain pilots to the rise of the DMCC Crypto Centre under Ahmed Bin Sulayem’s leadership.

Posted on 03/12/2024

Talabat Holding Raises $2B in Largest Global Tech IPO of 2024

Talabat Holding PLC, the Dubai-based food delivery platform, raised $2 billion in its initial public offering (IPO), marking the largest global technology IPO of 2024. Shares of Talabat are set to …

Posted on 03/12/2024

Comprehensive List of Accounting Software in Dubai, UAE

In Dubai’s competitive business landscape, maintaining accurate financial records is essential for success. The emirate’s emphasis on VAT compliance and efficient financial management has made …

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