Dubai: Are you a university student working part-time? Or an international student liv If so, you may have felt the need to have a UAE-based bank account to ensure that you can complete financial …
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Mashreq launches digital-only bank for tech-savvy Gen Z
Mashreq, the Dubai lender controlled by the Al Ghurair family, launched a digital bank to cater to the UAE’s growing population of tech-savvy youths. The bank, called Neo NXT, will enable parents of …
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UAE plans to boost 2022 federal budget spending by $335m
The UAE is set to boost its 2022 federal budget spending by an additional AED1.23 billion ($335 million) and it estimates that revenues will be higher by AED374.98 million ($102 million), said the …
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UAE to increase budget spending by Dh1.23b in 2022
the introduction of some provisions regulating subjecting of government companies to the Public Finance Law, and the introduction of some provisions regulating the accounting standards approved for …
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UAE plans to increase 2022 federal budget spending by $334.9m
pic.twitter.com/q7nIHuAASE — المجلس الوطني الاتحادي (@fnc_uae) June 14, 2022 The FNC also approved a law to amend some provisions of Federal Decree Law 26 of 2019 in the matter of public finance. “The …
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UAE tops global list of more than 100 countries for overall business skills proficiency
The UAE has 642,000 Coursera learners with a median age of 34 years. Of them, 42 percent are women, and 44 percent are pursuing learning on mobile devices UAE tops global list of more than 100 …
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UAE: Monthly pension deduction rates may reach 50% for citizens, official says
Monthly deductions from pensions of retired senior UAE citizens might be increased to 50 per cent. A top government official has told the Federal National Council (FNC) that these deductions can be …
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UAE: Monthly pension deduction rates may reach 50% for citizens, official says
Monthly deductions from pensions of retired senior UAE citizens might be increased to 50 per cent. A top government official has told the Federal National Council (FNC) that these deductions can be …
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ADIB to help lead ‘open banking’ revolution for the UAE
Abu Dhabi Islamic Bank (Adib), a leading Islamic financial institution, has launched its first Application Programming Interface (API) developer portal, allowing fintech developers to use Adib APIs.
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Dubai fund manager Shuaa buys out Allianz Marine and Logistics Services after $160m NBF loan
Shuaa goes for leveraged buyout of Allianz, one of region’s bigger marine services firms Dubai: Dubai fund manager fancies its prospects in the maritime space, having completed the leveraged buyout of …
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CBUAE Imposes Administrative, Financial Sanctions On Finance Company Operating In The Country
The Central Bank of the UAE (CBUAE) imposed administrative and financial sanctions on a Finance Company operating in the UAE, pursuant to the Decretal Federal Law No.14 of 2018 regarding the Central …
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UAE: Central Bank Fines Financial Firm For Violating Laws
The Central Bank of the UAE (CBUAE) on Tuesday imposed administrative and financial sanctions on a finance company operating in the UAE for not adhering to the rules and regulations of the regulator.
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Dubai’s Book-Shaped Library Opens To Public On June 16: Will Entry Be Free?
The book-shaped Mohammed bin Rashid Library (MBRL) on the Dubai Creek bank was inaugurated by the UAE Vice-President on Monday evening. The stunning Dh1-billion cultural destination will, however, …
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UAE financial services company fined by Central Bank for non-submission of audited financials by deadline
Dubai: A financial services company in the UAE has been hit with a fine by the central bank for non-submission of audited financial statements within a set deadline. The company, …
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Dubai Government transactions can now be paid by debit cards
The Dubai Government’s Department of Finance (DoF) said that customers with all government entities can benefit from the development in paying transaction fees with direct debit cards linked to their …
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Gold in UAE: Do I buy or hold? Prices seen dropping as inflation runs hot globally
In the UAE, the cost of 24-karat gold was at … US consumer prices accelerated in May, suggesting that the country’s central bank could continue with its 50-basis-point interest rate hikes …
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DIB Bank opens another branch in Nairobi CBD
DIB Bank Kenya Limited has today opened a new branch at JKUAT Towers along Banda Street in Nairobi bringing services closer to customers in the Nairobi Central Business District (CBD).
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