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Tag: banking

Posted on 09/07/2024

Mohammed chairs Cabinet meeting, says UAE food reserves increases by 84% in 2023

UAE Cabinet also approved hosting a group of specialised international events, and reviewed the results of the performance of the Emirates Investment Authority.

Posted on 09/07/2024

Mashreq NEO: UAE’s Banking Pioneer Expands To Egypt

Deen We all want to say goodbye to any kind of long queues, especially when it comes to banking, right?This is why digital-only banking is shaking up the financial world, offering convenience that …

Posted on 09/07/2024

Stride Ventures Invests $1 Million in UAE-Based Maalexi

Stride Ventures, an India-based venture debt firm, has made its first venture debt investment in the GCC region by investing $1 million in Maalexi, a UAE-based risk management platform.Read More: HUB7 …

Posted on 09/07/2024

Mashreq NEO: UAE’s Digital-Only Bank Arrives In Egypt

We all want to say goodbye to any kind of long queues, especially when it comes to banking, right? This is why digital-only banking is shaking up the financial world, offering convenience that …

Posted on 09/07/2024

Mashreq NEO: UAE’s Digital-Only Bank Arrives In Egypt

We all want to say goodbye to any kind of long queues, especially when it comes to banking, right? This is why digital-only banking is shaking up the financial world, offering convenience that …

Posted on 09/07/2024

Emirates Islamic recognised as the ‘Most Innovative Islamic Bank in the UAE’ at Euromoney Islamic Finance Awards 2024

Dubai, UAE: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has been recognised by the prestigious Euromoney Islamic Finance Awards 2024, and was awarded ‘Most …

Posted on 09/07/2024

First Abu Dhabi Bank gives initial guidance for $750m debt sale

It gave initial guidance of about 185 basis points over US Treasuries for a 10.5-year debt transaction, non-callable for 5.5 years: Document …

Posted on 09/07/2024

UAE’s Muwafaq tax package for SMEs crosses 54,000 registered users

This could involve forging partnerships with leading local and international institutions across various sectors, including trade, banking, and digital services. “The UAE leadership and government …

Posted on 09/07/2024

Low salary, rising cost of living: Nearly 7 out of 10 UAE employees looking to switch jobs

More than two-thirds – 67 per cent – of employees in the UAE are seeking an immediate job switch, indicating a surge in job mobility and a willingness to explore new career paths, according to a new …

Posted on 08/07/2024

UAE stock markets show mixed performance on Monday

UAE: The main index of Dubai Financial Market (DFM) closed Monday’s trading session higher by 11.72 points (0.28%) at 4,081.96 points. A total of 178.01 million shares were exchanged during the …

Posted on 08/07/2024

UAE participates in 3rd G20 Sherpas Meeting

The United Arab Emirates participated in the 3rd Sherpas meeting of the Group of 20 G20 held in Rio de JaneiroSaleh Al Suwaidi UAE Ambassad …

Posted on 08/07/2024

Aafaq Islamic Finance partners with DLD

Aafaq Islamic Finance has entered into a strategic partnership with the Dubai Land Department (DLD) through the signing of a Memorandum of Understanding (MoU).

Posted on 08/07/2024

UAE: Ajman Bank partners with Positive Zero to cut energy costs, carbon footprint

AJMAN – Ajman Bank has announced a new contract with Positive Zero, that will enable huge cost and carbon footprint savings.

Posted on 08/07/2024

First Abu Dhabi Bank appoints Dr Salim Al-Ali as chairman of internal Shari’ah supervision committee

Dr Al-Ali replaces Dr Mohd Daud Bakar, who has served as the Chairman of the ISSC for the past decade. Under Dr Bakar’s stewardship, FAB Islamic has grown substantially and strengthened its reputation …

Posted on 08/07/2024

Dubai real estate sector recorded $3.9bn of transactions last week, including two Palm Jumeirah apartments sold for over $20m each

The Dubai real estate sector saw $3.9bn of transactions last week, with two luxury apartments in Palm Jumeirah sold for $20m each …

Posted on 08/07/2024

UAE to ink contracts with Japan to boost two-sided trade, enhance partnerships

During a recent visit by a UAE delegation led by Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, to Tokyo, the UAE and Japan solid …

Posted on 08/07/2024

Eximbank to finance $150m for UAE solar power project

The state-run Export-Import Bank of Korea said Monday that it will provide $150 million in project financing for a major solar power generation project in the United Arab Emirates, the first of such …

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