The UAE is not only the official rough diamond capital of the world, but the largest and fastest growing hub, having increased its polished trade by 52.5% and its H1 2022 gross trade to $19.8 billion, …
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Emirates Development Bank to approve loans of up to Dhs5m to SMEs, startups within five days
The lending service, available for UAE-based SMEs operating in one of EDB’s five priority sectors, including manufacturing, healthcare and infrastructure.
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Emirates Development Bank partners with Beehive to provide digital loans
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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Emirates Development Bank to approve loans to SMEs, startups of up to Dhs5m within five days
The lending service, available for UAE-based SMEs operating in one of EDB’s five priority sectors, including manufacturing, healthcare and infrastructure.
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EDB’s new digital move fast-tracks loan approvals for UAE’s startups, SMEs
It is clear that swift access to finance is one of the biggest challenges that SMEs and startups face. Through EDB’s partnership with (peer-to-peer lending platform) Beehive, …
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Kick-start your business journey in Dubai with Radiantbiz
Dubai is a city of dreams, hustle, and vision. In 2022 H1, Dubai issued 45,653 new business licenses, an increase of 25 per cent as compared to last year. With its …
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Women investors in UAE increased nearly 20 percent since 2017: Saxo Bank
Since 2017, Saxo Bank has recorded an 18 percent increase in the share of women among its new trading clients in the UAE. “In the past five years, we have witnessed women increasingly becoming …
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Abu Dhabi’s SWFs in talks to join $500m Byju’s fundraise
Qatar fund was looking at 50% discount to $22 billion valuation; Co negotiating equity option or structured pre IPO placement investment at 20% discount to $22 bn valuation, FY21 audited results key.
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UAE debt statute of limitations
The UAE economy was suffering badly even before the pandemic according to many experts. This 2018 article explains how the desert country got it s …
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UAE debt statute of limitations
The UAE economy was suffering badly even before the pandemic according to many experts. This 2018 article explains how the desert country got it s …
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Emirati women play a vital role in UAE’s financial and banking sector
Emirati women accounted for 32 per cent of participants in Emirates Institute for Banking and Financial Studies’ training courses.
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Why UAE residents don’t have enough savings despite paying little to no taxes
Most banking products do not engage with their young households in a way that could excite them. Savings need to be more rewarding than accumulating debt,” says Purvi Munot, Founder and CEO Sav Money.
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UAE: Will My Bank Compensate Me For Money Lost In Scam Call?
Question: I lost some money from my bank account after responding to scammers. Is the bank liable to return the cash to me? If not, what options do I have to recover the lost money? Response: Pursuant …
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UAE stocks gain AED8.3 bn Friday
Realty and banking blue chips accounted for the lion’s share of transactions that amounted to more than 14,700 worth around $455mln over 353.7mln shares …
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UAE stocks gain Dh8.3 billion on Friday
Realty and banking blue chips accounted for the lion’s share of transactions that amounted to more than 14,700 worth around Dh1.67 billion over 353.7 million shares.
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UAE stocks gain Dh8.3b, driven by realty, banking, telecom
The UAE financial markets on Friday posted gains of Dh8.3 billion, driven by gains in the realty, banking and telecom sectors and cash inflows by both institutions and individuals. Realty and banking …
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UAE Likely To Support OPEC Oil Production Cuts
The top Saudi oilman said that OPEC+ was ready to cut production at any time in any form if it believes it would bring stability to the “schizophrenic” oil market. “Markets can’t reflect the realities …
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