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Tag: banking

Posted on 28/06/2024

UAE ranked No.1 for creative thinking, financial literacy in Arab world

For creative thinking, the focus is on enhancing students’ cognitive skills and creative capabilities. Financial literacy measures students’ abilities to manage financial resource …

Posted on 28/06/2024

Dubai-listed SHUAA’s former top shareholder, auditors not absolved of liability for 2023

The Dubai-listed entity’s general assembly agreed board resolutions to not absolve Jassim AlSeddiqi or auditors of liability for the last financial year …

Posted on 28/06/2024

UAE tops Arab world in creative thinking and financial literacy, according to PISA 2022 assessment

The announcement was made during the forum to announce the GCC and MENA region’s results in the PISA 2022 assessment in creative thinking and financial literacy …

Posted on 28/06/2024

UAE ministry reminds companies of June 30 Emiratisation deadline

Image Credit: Supplied Dubai: The Ministry of Human Resources and Emiratisation … before imposing the corresponding financial contributions on non-compliant establishments. Meanwhile, MoHRE …

Posted on 28/06/2024

Urban Company targets IPO in 2025: CEO Abhiraj Singh Bhal

Urban Company, which has a presence in the UAE, Saudi Arabia and Singapore markets, is targeting an initial public offering (IPO) in 2025, said Bhal, without expanding on timelines. He added that …

Posted on 28/06/2024

Dubai Islamic Bank resolves major issues after transitioning services to new platform, customers to receive delayed salaries

The bank has recently migrated certain functions to ‘The Temenos Banking Cloud’ platform to enhance the quality of services provided …

Posted on 28/06/2024

Dubai Islamic Bank resolves major issues after transitioning services to new platform, customers to receive delayed salaries

The bank has recently migrated certain functions to ‘The Temenos Banking Cloud’ platform to enhance the quality of services provided …

Posted on 28/06/2024

Salary delayed? Top UAE bank says issues related to payments ‘nearing resolution’

Dubai Islamic Bank (DIB) late on Thursday said “all the issues related to salary payments for some customers were nearing resolution” who were impacted due to a system upgrade. The lender said it …

Posted on 27/06/2024

UAE: Sharjah Islamic Bank successfully issues $500 million sukuk

The issuance received tremendous response from international investors, attracting orders that peaked at $1.5 billion …

Posted on 27/06/2024

CEOs Consultative Council of UAE Banks Federation holds second meeting of 2024

Mohammed Omran Al Shamsi, Chairman of the CEOs Consultative Council, said, “The banking sector has witnessed many remarkable developments in the first half of this year that have strengthened the …

Posted on 27/06/2024

Dubai real estate: Property Market hits record-breaking sales transactions in May

Mortgage activity rebounds with a nearly 58% month-on-month increase, reaching the second-highest level of all time. Image: Shutterstock Dubai’s residential property market saw unprecedented activity …

Posted on 27/06/2024

UAE Pension Authority reports rise in payouts, beneficiary numbers for June 2023

Image: Shutterstock The UAE General Pension and Social Security Authority (GPSSA … whose files are managed by the GPSSA on behalf of the Ministry of Finance and in accordance with the pension law to …

Posted on 27/06/2024

UAE Pension Authority reports rise in payouts, beneficiary numbers for June 2023

Image: Shutterstock The UAE General Pension and Social Security Authority (GPSSA … whose files are managed by the GPSSA on behalf of the Ministry of Finance and in accordance with the pension law to …

Posted on 27/06/2024

CBUAE issues the Open Finance Regulation to ensure the soundness and efficiency of services and promote innovation and competitiveness

The Open Finance Framework facilitates LFIs to access and utilise consumer’s financial data to create personalised experiences and tailor offerings to consumers’ needs …

Posted on 27/06/2024

CBUAE issues the Open Finance Regulation to ensure the soundness and efficiency of services and promote innovation and competitiveness

The Open Finance Framework facilitates LFIs to access and utilise consumer’s financial data to create personalised experiences and tailor offerings to consumers’ needs …

Posted on 27/06/2024

Half of all emerging-market debt issued by core Islamic finance markets

GCC countries, Malaysia, Indonesia, and Turkiye are increasingly major emerging-market (EM) debt issuers, Fitch Ratings …

Posted on 27/06/2024

Ajman Bank accepts Jaywan Cards in UAE’s ATM network

Mustafa Al Khalfawi, CEO of Ajman Bank, said: “We are proud to be one of the first banks in the UAE to accept Jaywan cards on our ATMs. This initiative reflects our dedication to innovation and our …

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