French President Emmanuel Macron will host the ruler of the oil-rich United Arab Emirates in Paris next week, according to several people familiar with the matter, as European countries seek …
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Dubai’s financial services sector tops global ranking in attracting FDI projects
in addition to its continued focus on shaping the future of finance by attracting leading companies and innovative start-ups to set up, operate and scale in Dubai. This recognition reaffirms DIFC’s …
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Why the UAE is the world’s 6th-best expat destination to live and work
Subscribe to our Telegram News Service Download our mobile app “I fell in love with the city [of Dubai]. It was very different back then … I was very inspired,” the former finance executive, who has …
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2022: another buoyant year for GCC IPO markets?
The next big thing in the region’s IPO space could be family group listings 2022: another buoyant year for GCC IPO markets? Arabian Business News …
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Global Islamic finance market projected to reach $3.69 trillion by 2024
The US is seen as the most favoured destination for capital rich investors from the GCC region such as UAE, Saudi Arabia and Kuwait, besides Malaysia, according to Ocorian, a leading fund manager …
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shariah banking
Find the Latest News, Views, Reviews, Comments, Analysis, Updates, Photos & Videos on shariah banking across Dubai, Abu Dhabi, UAE, Saudi Arabia, Gulf, GCC, Middle East & World. Explore more on …
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Will UAE, Gulf stock investors get a boost from upcoming H1-2022 corporate results?
Dubai: Will the UAE’s stock market investors seek the safety of blue-chips as the corporate reporting season starts in earnest in the coming days? Or will investors feel the jitters that markets …
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Empower could be next Dubai company to list shares in IPO
Known as Empower, the company has been working with Emirates NBD and Moelis & Co., its financial advisers, to prepare a possible listing on the domestic stock exchange, the people said, asking not be …
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Tecom Group’s IPO in Dubai fails on its market debut, raising $454 million
Tecom Group plummeted as much as 17% in its first day of trading in Dubai on Tuesday.
Shares of the real estate firm, whose tenants incl …
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Meeting discusses ways to boost UAE financial and banking sector
The CEOs Consultative Council of UAE Banks Federation (UBF), the umbrella body representing banks operating in the UAE and the unified voice for the UAE banking sector, …
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Chinese bank lists $2.8bn of bonds in Dubai
The Industrial & Commercial Bank of China Limited (ICBC) has a total of $4.375bn of bonds listed on the Nasdaq Dubai …
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UAE announces measures to attract ‘digital companies’
The Emirates wants to attract more high-tech companies, especially those working on artificial intelligence. Some cryptocurrency firms are moving to the Gulf state.
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UAE: Help! Bank charges Dh3,090 for non-activated credit card
I was approached by a representative of Dubai First bank (owned by First Abu Dhabi Bank, FAB) offering me a credit card that was supposed to be free for life. I applied for it, but shortly after, even …
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Tecom initiates trading on DFM after raising Dhs1.7 billion through IPO
Tecom Group, a manager and operator of 10 strategic, sector-focused business districts across Dubai and a major contributor to the rapid growth …
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UAE imposes $11m in fines for anti-money laundering offences in the first half of 2022
The UAE’s anti-money laundering task force imposed fines of more than Dh41 million ($11m) in the first six months of 2022, as it continues to rein in illicit financial activity. The Emirates’ higher …
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UAE: 20 friends share $1 million Dubai Duty Free draw after trying their luck for one year
Rabeesh Rajendran, a 43 year old Indian national based in Dubai became the latest $1 million winner in the Millennium Millionaire Series 393 with ticket number 4369, which he purchased along with his …
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UAE offers incentives to attract digital companies under new FDI programme
The UAE is offering incentives to attract hundreds of digital companies to set up in the country as part of a programme to draw more foreign direct investment and position itself as a global tech …
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