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Tag: banking

Posted on 13/10/2024

Dubai Islamic Bank Successfully Issues Additional Tier 1 Sukuk

Dubai Islamic Bank (“DIB”) successfully issued a USD 500 million Additional Tier 1 Sukuk with a profit rate of 5.25% pe …

Posted on 13/10/2024

Dubai Islamic Bank Successfully Issues Additional Tier 1 Sukuk

Dubai Islamic Bank (“DIB”) successfully issued a USD 500 million Additional Tier 1 Sukuk with a profit rate of 5.25% pe …

Posted on 13/10/2024

UAE harnesses AI to reshape future of global financial sector

The UAE continues to lead digital transformation and financial inclusion in the Middle East region supported by the transformative power of artificia …

Posted on 13/10/2024

Intellect announces the global launch of eMACH.ai Cloud for Wholesale Banking

Enabling Wholesale Banks to Scale Operations, Optimise Costs, and deliver Industry-Specific Solutions with unmatched agility …

Posted on 13/10/2024

OKX celebrates official launch in UAE with surprise guest Pep Guardiola

The firm is now the first global crypto company in UAE to offer AED banking rails for its retail and institutional customers …

Posted on 13/10/2024

NCM Financial Services crowned “Best Global Regulated Broker 2024” at Forex Expo Dubai

The “Best Global Regulated Broker 2024” award is a testament to NCM’s unwavering commitment to regulatory compliance, client protection, and creating a transparent trading environment. This …

Posted on 12/10/2024

UAE boosts its leadership across green finance

The UAE has strengthened its global leadership in green finance and sustainable development, rolling out strategic policies to boost investment in sustainable projects …

Posted on 12/10/2024

UAE: Global leadership across green finance, sustainable development

The UAE has strengthened its global leadership in green finance and sustainable development, rolling out strategic policies to boost investment in sustainable projects and promote innovation in the …

Posted on 12/10/2024

UAE participates in Second Meeting of BRICS Finance Ministers, Central Bank Governors

The UAE, represented by the Ministry of Finance and the Central Bank, took part in the second BRICS Finance Ministers and Central Bank Governors meeting recently held in Moscow.

Posted on 12/10/2024

Dubai unveils handbook to support digital economy start-ups

Dubai has published a guide to help entrepreneurs and start-ups in the digital economy establish their businesses in the emirate as the UAE seeks to double the contribution of the technology sector to …

Posted on 12/10/2024

New documentary charts historic Cop28 UAE Consensus

A documentary was released on Saturday to celebrate the landmark moment the world came together to deliver the UAE Consensus and conclude crunch climate talks at Dubai’s Cop28 on a high. The 20-minute …

Posted on 12/10/2024

‘Equity Goes To UAE’ as bank offers specialized services to Ugandans abroad

In 2023 Ugandans in the UAE remitted about 21% of total remittances from abroad (USD 300 million out of approximately USD 1.43 billion) Dubai, UAE | THE INDEPENDENT | Equity Bank Uganda will this week …

Posted on 12/10/2024

‘Equity Goes To UAE’ as bank offers specialized services to Ugandans abroad

In 2023 Ugandans in the UAE remitted about 21% of total remittances from abroad (USD 300 million out of approximately USD 1.43 billion) Dubai, UAE | THE INDEPENDENT | Equity Bank Uganda will this week …

Posted on 12/10/2024

UAE banking sector net international reserves increase by 8.1% to Dh1.2 trillion in H1 2024

Central bank’s gold reserves grew by 22.1% year over year The number of employees in the UAE’s banking sector has seen a notable rise in recent years. Image Credit: Gulf News Archives Abu …

Posted on 11/10/2024

UAE Calls For Climate Finance To Implement COP29 Consensus

Sultan bin Ahmed Al Jaber, UAE Minister of industry and Advanced Technologies and CEO of ADNOC, emphasized the importance of securing adequate climate finance to implement the UAE consensus during the …

Posted on 11/10/2024

Race for new climate finance goal heats up: Push for China, UAE to join donor pool

Germany advocated expanding climate finance contributors to include wealthy, high-emission countries like China and Saudi Arabia, emphasizing the need for increased funds to support developing nations …

Posted on 11/10/2024

UK govt mulling exit tax for millionaires moving to ‘tax-paradise’ UAE

Exit taxes are rarely big revenue raisers, especially as they often take the form of a levy on future capital gains if and when assets are sold …

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