The Eligible Liquid Assets Ratio (ELAR) amounted to 19% in Q1-22, higher than the minimum requirement of 10%, WAM News Agency cited the Central Bank of the UAE (CBUAE). During the January-March 2022 …
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After 23 years in finance, former UAE resident turns farming entrepreneur in Philippines
Farming isn’t easy, it requires tremendous hard work. “Our day starts at 4am. During the planting and harvesting seasons we’ve to work under the scorching sun. We’ve to educate ourselves to tend to …
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United Arab Emirates Loyalty Programs Market Report 2022: Market will Increase from $1275.7 Million in 2021 to Reach $2248.0 Million by 2026
The “United Arab Emirates Loyalty Programs Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on Loyalty Programs Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, …
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UAE bank to allow cryptocurrency trading in dirhams
A bank in the United Arab Emirates will soon allow its customers to trade cryptocurrencies using Emirati currency.
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Looking for a job, in the UAE 2022? These are the sectors hiring
According to the ‘Gulf Employment Index’ released for the second quarter report for 2022, hiring has increased by 10 per cent in the UAE from the first quarter of this year, so chances of landing a …
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IFZA partners with Commercial Bank of Dubai to provide banking solutions
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
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IFZA partners with Commercial Bank of Dubai to provide exclusive banking solutions for IFZA partners and licensees
IFZA study reveals 50% of respondents believe business owners find it challenging to open a corporate bank account due to lengthy application processes, difficulty in compliance or lack of information …
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Ifza partners with CBD for exclusive banking solutions
Ifza Dubai, a top free zone in the UAE, has partnered with the Commercial Bank of Dubai (CBD) to provide Ifza Free Zone companies with quick and convenient access to banking services and financial …
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Zimbabwe launches $500 million mega project developed by UAE investor
President of Zimbabwe Emmerson Mnangagwa recently broke ground to launch the $500 million (Dhs1.83 billion) Zim Cyber City – a state-of-the-art mixed-use hi-tech park …
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CBI is the first UAE bank to be in the Metaverse
Commenting on the planned launch of CBI’s Metaverse location, Ali Sultan Rakkad Al Amri, the CEO of CBI said: “We are proud to be the first ever bank in the UAE and among the …
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VIDEO: Sheikh Mohammed meets a family during airport tour in Dubai, signs book
During his tour Sheikh Mohammed directed all airport entities to continue their efforts to further enhance global competitiveness and passenger experience at Dubai International Airports.
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3AC founders break their silence, talking about their trip to Dubai!
The founders of the hedge fund company 3AC, Su Zhu and Kyle Davies, went on to claim that the collapse of the company is regrettable. As the claim of the investors knocks the door of the company, the …
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Commercial Bank International is first bank in UAE to get to Metaverse
Dubai: Commercial Bank International has laid claim to be the first bank in the UAE to have ‘land’ on the Metaverse. It has opened up a presence in Decentraland, a blockchain-based ecosystem. “To keep …
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Investors Flock To Gulf IPOs
A spate of initial public offerings (IPOs) among the Gulf Cooperation Council (GCC) countries has attracted international investors seeking refuge from global markets battered by Russia’s invasion of …
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The missing founders of bankrupt crypto fund Three Arrows are reportedly setting up shop in Dubai
“We feel that it’s just the interest for everyone if we can be physically secured and keep a low profile,” one of the founders told Bloomberg.
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Golden chance for Indian expats to earn more in non-resident bank accounts
Dubai: Non-resident Indians (NRIs) can now earn more from their deposits in certain non-resident Indian bank accounts. This was after the Indian central bank removed the cap on how much interest rates …
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What you need to know about UBA Dubai operations
UBA had extended its operations to the United Arab Emirates with the official launch of its new branch at the Dubai International Financial Centre (DIFC). UBA, which is known as Africa’s global bank, …
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