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Tag: banking

Posted on 27/05/2022

Want to visit the places you see on the new UAE banknotes? Read this

Learn about the UAE’s culture and history at these locations Dubai: Don’t have any plans for the weekend? How about a cultural trip across the UAE? For inspiration, you can simply pull out the …
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Posted on 27/05/2022

Abu Dhabi bourse rebounds ahead of Borouge IPO, Dubai flat

Stocks in Abu Dhabi rebounded on Friday, ahead of its biggest ever initial public offering (IPO) of petrochemicals firm Borouge, although the Dubai index ended flat.
( read original story …)


Posted on 27/05/2022

Middle East’s first special purpose acquisition company soars in Abu Dhabi trading debut

Trading follows the conclusion of ADC’s public subscription to retail and professional investors, which started on 12 May 2022 and raised a total of AED 367 million through an IPO of 36.7 million …
( read original story …)


Posted on 27/05/2022

UAE Nationals To Get Interest-Free House Loan Under New Policy

has revealed that the UAE Cabinet has endorsed a new policy for UAE nationals home finance or loan free of interest. Housing loans shall be financed through collaboration between the Sheikh Zayed …
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Posted on 27/05/2022

UAE’s first SPAC – ADC Acquisition Corp. – starts trading on ADX

Launched by ADQ and Chimera Investment, new SPAC raised Dh367m for acquisitions Dubai: Shares of the first UAE SPAC (Special Purpose Acquisition Company) has started trading on Abu Dhabi Securities …
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Posted on 27/05/2022

New policy for UAE nationals home finance: Suhail Al Mazrouei

has revealed that the UAE Cabinet has endorsed a new policy for UAE nationals home finance. According to the new policy, housing loans shall be financed through collaboration between the Sheikh Zayed …
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Posted on 27/05/2022

$176.02mln retirement pensions to be disbursed on May 27: UAE’s GPSSA

GPSSA explained that the number of individuals entitled to a pension in May 2022 is 44,794, compared to 41,277 in May 2021 …
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Posted on 27/05/2022

World Bank’s IFC extends $30m loan to UAE’s waste management company Averda

The International Finance Corporation is providing a $30 million loan to waste management company Averda, as it looks to continue partnering with UAE-based companies to help them expand in developing …
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Posted on 27/05/2022

UAE banker flies in to Doha to attend HEC Paris EMBA

Maadhavi Bhhatia, who flies in from the UAE to Doha regularly to attend Executive MBA (EMBA) with HEC Paris in Qatar, says that executive education can future proof careers.
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Posted on 27/05/2022

UAE-Israel trade exceeded $2.5 billion since Accords were signed

Israel and the UAE are also preparing to sign a free-trade agreement … “Apart from a direct diplomatic connection (and also direct bank transfers) – we have everything needed between the countries …
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Posted on 26/05/2022

Sheikh Abdullah bin Zayed and German finance minister discuss economic ties

Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Co-operation, on Thursday had talks with Christian Lindner, Germany’s Minister of Finance, in Berlin. During the meeting, the …
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Posted on 26/05/2022

Why UAE director Nayla Al Khaja has raised the financing herself for her debut feature project ‘Baab’

Nayla Al Khaja, one of the UAE’s first female filmmakers, has raised the funding from private individuals for her debut feature project Baab, which has Oscar-winning AR Rahman on board as composer. It …
( read original story …)


Posted on 26/05/2022

UAE Cabinet approves Dh11.5 billion for new housing policy to benefit 13,000 Emirati families

Housing loan profits on behalf of citizens to be facilitated Dubai: The UAE will facilitate the housing loan profits on behalf of Emiratis as part of a strategy to provide high living standards for …
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Posted on 26/05/2022

UAE Cabinet approves Dh11.5 billion for new housing policy to benefit 13,000 Emirati families

Housing loan profits on behalf of citizens to be facilitated Dubai: The UAE will facilitate the housing loan profits on behalf of Emiratis as part of a strategy to provide high living standards for …
( read original story …)


Posted on 26/05/2022

Sheikh Abdullah bin Zayed, German finance minister discuss boosting ties

Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with Christian Lindner, German Minister of Finance, in Berlin, during his official visit to Germany.
( read original story …)


Posted on 26/05/2022

Sheikh Abdullah bin Zayed, German finance minister discuss boosting ties

Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with Christian Lindner, German Minister of Finance, in Berlin, during his official visit to Germany.
( read original story …)


Posted on 26/05/2022

Coinsfera Ensures Secure Transaction for its Customers to Sell Bitcoin in Dubai!

DUBAI, UAE / ACCESSWIRE / May 26, 2022 / Coinsfera is a market leader in crypto exchange services and now we have utilized the secure transactions of bitcoin. You can easily sell bitcoin in Dubai …
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