Mashreq Bank, a financial institution based in the UAE, has completed the transition of its payments division into a wholly owned subsidiary,.
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UAE is fast-tracking low-carbon economic growth, says Al Jaber
Dr. Al Jaber had reiterated this message during his speech at the Atlantic Council Global Energy Forum held at Expo 2020 Dubai. On climate finance, he said it can be an effective tool for climate …
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African Development Bank Group President commences three-day visit to the United Arab Emirates
African Development Bank Group ( President Dr Akinwumi A. Adesina arrived in Dubai today at the start of a three-day official visit to the United Arab Emirates. The Bank Group chief is expected to …
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Abu Dhabi’s Lulu mulls IPO, considers 2023 UAE listing
Abu Dhabi-based Lulu Group was founded by Indian entrepreneur Yusuff Ali, who set up the first Lulu store in the early 1990s during a years-long oil boom in the Gulf region. The c …
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UAE-based Pakistani expat started to trade on the stock market at age 13: She now owns two businesses
Serial entrepreneur tells how she started From the age of eight, UAE-based Pakistani national Nida Sumar learnt to budget for expenses, at 13, she started trading. Over the past 10 years she has set …
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PM Barzani discusses ‘banking system’ with UAE finance minister
The two leaders discussed “benefiting from the successful experience” of the UAE in the fields of banking, reconstruction, and investment, according to the statement.
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World’s first regulated carbon credit trading exchange to launch in UAE
Abu Dhabi Global Market (ADGM) has partnered with AirCarbon Exchange (ACX) to create the world’s first carbon trading exchange and carbon clearing house in Abu Dhabi. ADGM is set to become the first …
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Etisalat UAE, from e& Deploys Netcracker Edge Orchestration to Offer Advanced Private 5G Services
ABU DHABI, United Arab Emirates, March 29, 2022–(BUSINESS WIRE)–Netcracker and NEC Corporation announced today that e& (formerly known as Etisalat Group) has deployed Netcracker Edge …
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The Ministry of Finance Participates in the Panel Discussion by Indonesia Regarding Public-Private Partnership at Expo 2020 Dubai
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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