With more than 60 branches, ADIB has one of the largest distribution networks in the UAE. Egypt, the Kingdom of Saudi Arabia, the United Kingdom, Qatar, Sudan, and Iraq are among the 6 strategic …
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10 Fintech Startups to take part in the CATAPULT: Inclusion Africa Special Edition in Dubai, LHoFT
LHoFT Foundation selects two Ugandan startups selected to take part in the 2022 edition of the CATAPULT: Inclusion Africa: Special Edition in Dubai.
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United Arab Emirates Fuel Station Market – Growth, Trends, COVID-19 Impact, and Forecasts (2022 – 2027)
The United Arab Emirates fuel station market is expected to register a CAGR of 2. 3% during the forecast period of 2022-2027. The production of refined products is expected to reach 1,165. 2 thousand …
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UAE asset manager buys majority stake in fintech firm
Dubai-headquartered asset management and investment banking platform Shuaa Capital has acquired a majority stake in UAE-based fintech Souqalmal for an undisclosed sum. The deal will provide the …
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UAE schools run financial literacy workshops during Global Money Week
Payments technology company Visa and children’s money management application Cashee are launching educational workshops in UAE schools to coincide with Global Money Week that runs from March 21 to 27.
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Finastra and Union of Arab Banks to accelerate digital banking together
Finastra today announced its collaboration with Union of Arab Banks to help banks across the Arab League member states offer enhanced digital services to their customers. The partnership combines …
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UAE: Gold prices to not drop too much ahead of Ramadan if no end in sight for Ukraine crisis
Gold prices fell 3.5 per cent last week; analysts see it steadying in the days ahead. Dubai: Gold prices rose on Monday after last recording their worst week since late November, as safe-haven demand …
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How Dewa IPO paves the way for more energy listings in the Gulf
Until recently, it was one of the Gulf region’s paradoxes that domestic equity investors had little access to its colossal oil and gas resources. At the same time, a decade of dismal underperformance …
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UAE – What is Fatca
Including China, 113 jurisdictions have signed the IGA to comply with Fatca, and the UAE is one of them. Fatca in UAE The UAE signed IGA with the US government (US-UAE IGA) on June 17, 2015. Being a …
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How Does Uae Make Money?
Are The Things Uae Ch Is Uae Rich In? There was a $421 billion GDP for the UAE in 2019. represents an opportunity to appreciate the significant natural resources situated in the U …
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AXL Gears Up to Host its First IDO for Gravis Finance
AXL Gears Up to Host its First IDO for Gravis Finance Gravis Finance partners up with AXL INU to complete its first Initial DEX Offering using AXL Launchpa …
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Emirates NBD Supports Upcoming IPOs with End-to-end IPO Subscription Website
Fully digital platform to support investor participation ahead of upcoming listings on DFM Individual investors to benefit from seamless, paperless journey from subscription to payment Real-time …
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How Dubai’s largest bank plans to add momentum to emirate’s IPO push
Emirates NBD announces the launch of a new IPO platform to support investors How Dubai’s largest bank plans to add momentum to emirate’s IPO push DFM, Dubai banking, Dubai Financial Market, Dubai …
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UAE: How will banks recover outstanding car, personal loans if I lose my job?
Question: I work in a Dubai-based firm and my job doesn’t look too steady at the moment. I have availed of two loans: One is a personal one, and the other is car finance. I have about four years to go …
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Pent-up demand, resurging economy to drive UAE’s loan growth: RAK Bank CEO
Dubai: Rapid recovery of the UAE economy supported by increased consumer spending is expected to drive loan growth and profitability of banks this year, RAK Bank CEO Raheel Ahmed told Gulf News in an …
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What Is Uae S Individual Tax Rate?
Taxes on private individuals from the UAE are imposed at 5% (for expats) and at 12.5% by employers (for nationals from the UK). Furthermore, employees employed by business or branches located within a …
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Are Uae Banks Safe?
The Global Finance magazine’s Best Banks awards recognize companies which are “safer than the competition.” For the second con …
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