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Tag: banking

Posted on 15/02/2022

UAE keen to strengthen partnership with Turkiye, says crown prince

The United Arab Emirates (UAE) is keen to strengthen its partnership with … Both countries also signed several agreements on energy, environment, finance, and trade. * Writing by Ibrahim Mukhtar in …
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Posted on 15/02/2022

UAE jobs: Most in-demand roles, skills in 2022 76% companies to hire new employees

Banking/finance, advertising/marketing/public relations and IT/internet/e-commerce emerge as the industries that attract or retain top talent in the UAE.
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Posted on 15/02/2022

British businessman imprisoned in Dubai accuses Islamic bank of trying to “punish” him

A British businessman imprisoned for fraud in Dubai has accused the world’s oldest Islamic bank of seeking to “punish” him with another 20 years behind bars despite having completed his original …
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Posted on 14/02/2022

‘UAE seeks to enhance political, economic ties with Turkey’

At the same time, Turkish investments in the UAE reached $310 million in 2019. During the high-level visit of Abu Dhabi Crown Prince bin Zayed to Turkey in November last year, 10 agreements were …
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Posted on 14/02/2022

Market movers: Zomato inching closer to IPO price; another shocker for SpiceJet

One prime example is Zomato, once a multibagger, now inching closer to its initial public offering (IPO) price of Rs 76 … capacity in Sanand and packaging films lines in Karnataka and Dubai.
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Posted on 14/02/2022

Dubai’s Mashreq picks Israeli firm to help detect financial fraud

Israel-based ThetaRay plans to roll out AI-driven solutions to help Mashreqbank, Dubai’s third-biggest lender, detect financial fraud during cross-border payment transfers. Mashreqbank is ThetaRay’s …
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Posted on 14/02/2022

What to Expect at the iFX EXPO Dubai 2022

About The Organisers With over 10 years’ experience in the space, iFX EXPO organisers Ultimate Fintech have plenty of fintech and finance shows under their belt. With past shows running in Cyprus, …
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Posted on 14/02/2022

Dubai SME and Khalifa Fund announce collaboration to leverage Gulfood

Khalifa Fund for Enterprise Development (KFED) and Dubai SME are collaborating to enable UAE SMEs to network with international vendors at Gulfood 2022, the world’s largest food and beverage trade …
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Posted on 14/02/2022

Mashreq Bank Chooses Thetaray Transaction Monitoring Solution for Correspondent Banking

UAE Bank Contract Marks Expansion of Thetaray AI-Driven Solution into Middle East Financial Institutions DUBAI, UAE, TEL AVIV, Israel and NEW YORK, Feb. 14, 2022 /PRNewswire/ — Mashreq Bank of …
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Posted on 14/02/2022

UAE bank Mashreq to use Israeli financial crime detection tool

DUBAI, Feb 14 (Reuters) – Emirati bank Mashreq (MASB.DU) will use a transaction monitoring tool for correspondent banking developed by Israeli cyber security firm ThetaRay to detect financial crimes, …
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Posted on 14/02/2022

Aafaq Islamic Finance participates in the Ras Al Khaimah Happiness Festival – mid-east.info

Ras Al Khaimah; United Arab Emirates:“Aafaq Islamic Finance” announced its participation in the fourth edition of the Ras Al Khaimah Happiness Festival 2022, which is held by the Ras Al …
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Posted on 14/02/2022

UAE – Oil majors face backlash as era of big profits returns

The opposition Labour Party said it was not enough. Finance minister Rishi Sunak’s“energy plans last week left families more worried than ever,” tweeted Labour shadow minister Rachel Reeves …
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Posted on 13/02/2022

Etisalat, ADQ, Alpha Dhabi and FAB to launch UAE-based digital bank ‘Wio’

With its headquarters in Abu Dhabi, Wio will enhance the capital’s growing reputation as a global financial services centre at the leading edge of digital banking. The total invested capital in Wio is …
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Posted on 13/02/2022

Erdogan’s visit set to boost UAE-Turkey ties

Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to Ankara in November, during which several agreements in the fields of finance, banking, shipping, energy and …
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Posted on 13/02/2022

UAE – Turkey gold conversion plan faltering

When Turkish finance minister Nureddin Nebati this week announced plans to encourage households to convert their gold holdings into Turkish liras in a bid to shore up Turkish central bank …
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Posted on 13/02/2022

Increased Turkey, UAE collaboration to benefit region: Erdoğan

“In addition to energy, health, agriculture, logistics, infrastructure, finance and tourism, we aim to advance cooperation between Turkey and the UAE on climate change, water and food security as well …
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Posted on 13/02/2022

Abu Dhabi Ports shares surge 15% in debut after raising $1.1 billion in latest UAE IPO

Shares in Abu Dhabi Ports Group surged 15% on its debut on Tuesday, after raising 4 billion dirhams ($1.1 billion) in a share sale, marking the first in a series of highly anticipated listings for the …
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