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Tag: banking

Posted on 09/02/2022

The Debt Panel: ‘Can I pay my UAE loan off from my home country?’

I have been living in the UAE for the past seven years and lost my job in 2021. I haven’t been able to find another one and my savings are almost gone. I have cut down on my day-to-day living expenses …
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Posted on 09/02/2022

UAE making ‘step change’ in fight against financial crime, says Sheikh Abdullah bin Zayed

While the UAE represents a tiny proportion of this huge global sum, Sheikh Abdullah said “illicit finance poses a threat to the UAE’s international reputation and to the integrity of our world-leading …
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Posted on 08/02/2022

IPOs of 10 state entities in the offing?

Commenting on the IPO market in 2022, he said Dubai authorities are now focused on improving market breadth and liquidity with a market maker fund and a Dh1 billion fund to encourage technology …
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Posted on 08/02/2022

Dubai’s Cutting-edge Investment Firm, ICICB, Reveals Intriguing Details for its Upcoming Metaverse Project

DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / February 8, 2022 / There has been a clear understanding of the negative impact that the recent pandemic has engendered on major sectors such as finance, real …
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Posted on 08/02/2022

UAE signs agreement on mutual promotion and protection of investments with Mozambique

DUBAI, 8th February, 2022 (WAM) — The UAE, represented by the Ministry of Finance (MoF), signed an agreement to promote and protect mutual investments with the Republic of Mozambique. The …
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Posted on 08/02/2022

UAE: Bank charges accumulate for a free for life credit card

Bank upgraded credit card without my permission … Dear Reader, This section is about Living in UAE and essential information you cannot live without. Register to read and get full access to …
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Posted on 08/02/2022

Dubai’s investment bank Shuaa to issue Spac IPO

(MENAFN) Shuaa Capital, located in Dubai, presented a request along with the American market watchdog to roll out the initial public offering of one of its three prepared USD200 million …
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Posted on 08/02/2022

No shortage of reasons to be anxious about 2022 investments, says Emirates NBD CIO

Maurice Gravier, chief investment officer at Dubai’s largest bank … as well as debt from emerging markets, and importantly hedge-funds, with asymmetrical risk/return profiles. “We reiterate that …
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Posted on 08/02/2022

Dubai Financial Services Authority Strengthens International Ties and Signs its 110th MoU with the International Financial Services Centre Authority

The Dubai Financial Services Authority (DFSA … commodities futures trading, Islamic finance, insurance, an international equities exchange and an international commodities derivatives exchange.
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Posted on 08/02/2022

Their common love for theatre turned two UAE expats into business partners: How they turned their passion into profits

Having set up their production company in the UAE, the co-founders shared that … to believe that they truly deserve the access to finance. “Especially while raising funding women entrepreneurs …
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Posted on 08/02/2022

Dubai Islamic Bank gives initial price guidance for dollar sukuk

Dubai Islamic Bank , the United Arab Emirates’ largest Islamic lender, gave initial price guidance of around 120 basis points over U.S. Treasuries for five-year dollar-denominated Islamic bonds, a …
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Posted on 08/02/2022

Al Seer among anchor investors in Abu Dhabi Ports ahead of IPO

Al Seer Marine PJSC, has announced a sizeable investment of 375 million equity shares worth AED1.2 billion ($330 million) in Abu Dhabi Ports Group allocated ahead of its IPO. Al Seer will thus own …
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Posted on 08/02/2022

UAE – ETFs to spur growth of Islamic finance assets to $4.94 trillion by 2025

“Islamic finance has evolved significantly since it … including the expansion of the fintech industry and digital banks led by the UAE, Malaysia, Indonesia, Saudi Arabia, and Bahrain.
( read original story …)


Posted on 07/02/2022

UAE: Help! The bank refuses to give me a liability letter for my personal loan

“Top up for personal loan rejected, I want to move to another bank…” Get Breaking News … Dear Reader, This section is about Living in UAE and essential information you cannot live without.
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Posted on 07/02/2022

Dubai Islamic Bank appoints banks for sale of sukuk

(MENAFN) According on a document published on Monday, Dubai Islamic Bank, the United Arab Emirates’ biggest Islamic lender, has appointed banks to prepare a sale of five-year US dollar-denominated …
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Posted on 07/02/2022

Vedant Fashions IPO: GMP, subscription status on second day of issue

The three day initial public offering (IPO) of Vedant Fashions Limited … including 11 overseas EBOs across the United States, Canada and the UAE. “Vedant is well placed to benefit from growing …
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Posted on 07/02/2022

CyberArrow Signs MoU with the UAE Cyber Security Council and Wins Award for State-of-the-Art Awareness Platform

Dubai, United Arab Emirates–(Newsfile Corp. – February 7, 2022) – Recently, the Memorandum of Understanding (MoU) has been signed between CyberArrow’s Top Management and His Excellency Dr …
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