The Ministry of Finance (MoF) recently participated in the panel discussion held by the Indonesian government under the theme ‘Quality Infrastructure In …
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Cryptocurrency Exchange Bybit receives in-principle approval to conduct virtual asset business in UAE
UAE welcomes Bybit and heralds growth of ‘next generation FDI’ Bybit is committed to a continuous constructive dialogue with regulators and legislators in the UAE and will play a key role in educating …
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Dubai shares jump on IPO cheer; most other markets subdued
Most Gulf markets fell on Tuesday, as fears of a drop in demand for crude capped oil prices, while investors continued to steer money toward Dubai cheering bumper response to a recent initial public …
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UAE’s ADGM launches first carbon credit exchange
Financial market says the exchange is the world’s first fully regulated carbon trading exchange and carbon clearing house …
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Dubai: DEWA IPO sees strong demand
The Dubai Electricity and Water Authority’s (Dewa) initial public offering (IPO) is seeing strong demand and UAE’s stock markets have a healthy pipeline of IPOs, senior government officials said on …
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UAE gold retailer Joy Alukkas wants to be second-time lucky with India IPO plans
I am fully prepared for the public listing’, which could be in August Dubai: Joy Alukkas wants to get everything right with the planned IPO the second time round. It has been 10 years since the …
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Bybit Gets In-Principle Approval To Conduct Business in UAE
Bybit, a major cryptocurrency exchange, announced on Monday that it received in-principle approval to conduct ‘virtual assets business’ in Dubai, United Arab Emirates.
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Dubai: Dewa IPO set to raise Dh8 billion, likely to oversubscribe by 15 times
Analysts and market insiders said the Dewa IPO has already achieved its target on the first day of subscription and the government may exercise its right to increase the size of t …
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Dubai-based digital health start-up Altibbi raises $44m as it eyes future IPO
Dubai-headquartered artificial intelligence health platform Altibbi raised $44 million in its latest series B funding round to expand into new markets and boost its digital offerings as it seeks to …
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Mashreq Bank launches NEOPAY to consolidate digital payments in the UAE
Mashreq Bank, one of the leading financial institutions in the UAE, has completed the transition of its existing payments …
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UAE’s investment outlook is positive despite global challenges, senior official says
The UAE’s investment outlook looks positive as its policies to tackle the pandemic have infused confidence among investors, said Helal Al Marri, director general of Dubai’s Department of Economy and …
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Environmental and societal challenges: An opportunity for the finance sector to step up
Nature-based solutions (NbS) are fundamental to achieving so many of the environmental and societal challenges we face Environmental and societal challenges: An opportunity for the finance sector to s …
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OPEC+ Must Stay Out of Politics, UAE Says Ahead of Key Meeting
OPEC+ must stay out of politics, the United Arab Emirates said just days before producers — including Russia — meet to discuss oil output.Most Read from BloombergLow-Priced Omega Speedmaster Prompts …
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UAE Energy Ministry: People want more oil production but few want to finance the industry
UAE Energy Minister Suhail Mohamed Al Mazrouei said on Monday, “people want more oil production but few want to finance the industry.” “We are currently in a situation that was warned about years ago, …
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WGS 2022: Today’s oil price volatility springs from under-investments in energy, says UAE Industry Minister
UAE is investing and raising capacity to 5m barrels a day Dubai: More than geopolitical shocks, the current volatility in oil prices is caused by long-term under-investment in the energy sector, …
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UAE President pardons 540 prisoners ahead of Ramadan
Motivate Publishing UAE flag . President of the UAE Sheikh Khalifa bin Zayed Al Nahyan has ordered the release of 540 prisoners ahead of the holy month of Ramadan. The prisoner …
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Mashreq Bank launches Neopay to consolidate and grow
The wholly owned subsidiary, IDFAA Payment Services LLC or Neopay, will provide Issuer Processing and Acquiring Processing services to financial institutions and fintechs …
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