The upcoming iFX Expo 2022 in Dubai is the ideal platform to see the … FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity …
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UAE Food Bank signs several partnership deals at Gulfood
The UAE Food Bank announced that it has signed several strategic partnership agreements with a number of companies participating in the 27th edition of Gulfood, …
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UAE takes part in G20 Finance Ministers and Central Bank Governors meeting
JAKARTA, 18th February, 2022 (WAM) — Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, has represented the UAE in the first G20 Finance Ministers And Central Bank Governors (FMCBG) …
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UAE participates in first meeting for G20 ministers of finance
Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, represented the UAE in the first G20 finance ministers and central bank governors (FMCBG) meeting in 2022, which was held in …
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UAE Lets Cooperatives List Shares Locally in Boost to IPO Rally
The United Arab Emirates has allowed cooperative societies in the country to list shares locally, as part of plans to deepen its capital markets. The UAE, whose seven sheikhdoms include Abu Dhabi and …
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Softbank-backed FirstCry takes baby steps towards over $1-billion IPO, appoints Kotak & Morgan Stanley
The proposed IPO will be a combination of primary and secondary issue … 6000 brands and more than 400 stores across India, with a presence in the UAE as well. In 2016, the firm acquired babycare …
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UAE economic recovery gains momentum on swift action and policies, IMF says
The UAE introduced economic stimulus worth Dh388 billion ($105.65bn) to offset the impact of the pandemic. The stimulus included the Central Bank of the UAE’s Dh50bn Targeted Economic Support Scheme …
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RAKBank joins UAE finance gateway to boost SME trade financing
National Bank of Ras Al Khaimah joined forces with Etihad Credit Insurance, the UAE’s federal export credit agency, to boost financing for small and medium enterprises through the UAE Trade Finance …
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How a finance graduate from a small Indian town became a successful realtor in Dubai at 26
Dubai: Before arriving in the UAE about 17 years ago, Gaurav Aidasani, 38, lived, studied and graduated from a small town known as Sambhar Salt Lake in Jaipur, India. His struggles to complete his …
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Cooling services firm Empower plans Dubai IPO after reporting $254mln profit
RIYADH: UAE cooling services provider Empower has reported a net profit of 936 million dirham ($254 million) for 2021, an increase of 4 percent compared to last year, as it confirmed plans for an …
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UAE Readies National Crypto Licensing in Push to Embrace Fintech
The United Arab Emirates is poised to issue federal licenses for virtual asset service providers by the end of the first quarter in an effort to attract some of the world’s biggest crypto companies, …
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Cover story: Why the chairman of UAE’s Century Financial feels a people-centric approach is a game changer
The key to a strong relationship with investors is offering them best-in-class support, explains the company’s CEO and chairman Bal Krishen.
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Cover story: Why the chairman of UAE’s Century Financial feels that a people-centric approach is a gamechanger
Walking around the elegant banquet room – at V Hotel in Dubai – where the event is … The asset management arm just launched its first hedge fund, aimed at serving professional clients …
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Grapefruit USA, Inc. Announces Term Sheet with Dubai-Based Lender to Build GPFT ‘Mothership’
United Arab Emirates, to finance development of its 2-acre lot in the Coachillin’ Canna-Business Park in Desert Hot Springs, California, located just North of Palm Springs. The process now moves …
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DIFC drives Dubai’s next phase of growth
Dubai has won many global accolades for handling the pandemic and its impact by setting a precedent of building a robust economy simultaneously. The proof of it was evident on Wednesday when Dubai …
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Zenfinex Has Recruited Michel Chabbouh as CEO MENA to Head Its UAE operations
He will head the company’s UAE-based operations as the new CEO MENA. In a recent press release shared with Finance Magnates, Michel Chabbouh, a veteran senior executive with more than fourteen years …
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UAE’s ADNOC and Borealis plan to IPO minority stake in Borouge
Abu Dhabi National Oil Company (ADNOC) and Austria’s Borealis AG are considering a potential IPO of a minority stake in their joint venture plastics business Borouge, the state oil company said in a …
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