Tag: banking

(Bloomberg) — Africa Finance Corp. plans to sell shares of its projects on stock exchanges in London and the United Arab Emirates to raise capital and fund infrastructure development across the …
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Submissions and comments need to be made by May 19 The UAE Ministry of Finance has opened an online public consultation with the local business community to get their views on the country’s …
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Three Arrows Capital, a cryptocurrency trading and hedge fund manager, is moving its headquarters to Dubai from Singapore, becoming the latest among a growing number of firms looking to expand …
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The United Arab Emirates’ finance ministry said on Thursday it will issue on May 9 the first tranche of federal treasury bonds, as part of a plan to develop a local currency bond market, Trend reports …
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The Forbes fourth annual ‘World’s Best Banks’ report, published in conjunction with market research firm Statista, surveyed more than 45,000 customers across 27 …
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The bank said higher revenue across net interest and other operating income, underpinned by solid loan growth, generated a robust increase in net profit …
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The First Abu Dhabi Bank’s total income reached $1.98 billion and includes a $762.29 million net gain on the disposal of majority stake in payments business Magnati First Abu Dhabi Bank reports …
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The company had earlier held merger talks with US blank-check firm Better World Acquisition Corp., but those discussions have been abandoned, the report said. The privately-owned business has in the …
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Averda, a Dubai-based provider of waste-disposal services provider, is considering an initial public offering (IPO) in Saudi Arabia or the UAE, Bloomber …
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The United Arab Emirates’ finance ministry said on Thursday it plans to issue on May 9 the first tranche of federal treasury bills, in cooperation with the central bank.
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While the $100 million fund announced by Sheikh Hamdan bin Mohammed is a prime example of the drive to be at the forefront of a digital future, it is also crucial to startups in the fintech space …
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Mashreq Bank joins a group of four banks that are currently live on the network, including Emirates NBD, Commercial Bank of Dubai (CBD), Abu Dhabi Commercial Bank (ADCB), and HSBC Mashreq Bank offers …
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Damac Properties announced yesterday that it will facilitate the sale of the property to Bitcoin and Ethereum holders.
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Exchange houses in the UAE have reported a surge in remittances to the UK after the British pound fell to its lowest level against the US dollar since July 2020, giving British residents a window of …
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First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, reported on Thursday its highest ever quarterly net profit, helped by the sale of a majority stake in its payments business.
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Bank works on serving social development by partnering in charity Dubai: Mashreq Bank has announced its participation in the ‘1 Billion Meals’ initiative, the largest of its kind in the region, which …
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The Dubai-based provider of waste-disposal services held merger talks with U.S. blank-check firm Better World Acquisition Corp. earlier this year, but those discussions have been abandoned, the people …
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