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Tag: banking

Posted on 19/05/2022

Alvarez & Marsal releases UAE Banking Pulse for Q1 2022

The International Monetary Fund (IMF) has revised the UAE’s gross domestic product (GDP) growth estimates for 2022 from 3.5 percent to 4.2 percent. We anticipate domestic lending to grow on the back …
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Posted on 19/05/2022

UAE’s Sheikh Mohammed takes power as dynasty speculation swirls

As world leaders descended on the United Arab Emirates this week to offer condolences on the death of ruler Sheikh Khalifa, diplomatic circles buzzed with speculation over whether his successor Sheikh …
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Posted on 19/05/2022

Ease of doing business for investors and entrepreneurs improves with UAE Ministry’s digital system

In its bid to improve the UAE’s allure as an ideal digitally advanced hub for businesses, the new digital attestation services will streamline procedures and boost the quality of services provided …
( read original story …)


Posted on 19/05/2022

Ease of doing business for investors and entrepreneurs improves with UAE Ministry’s new digital system

In its bid to improve the UAE’s allure as an ideal digitally advanced hub for businesses, the new digital attestation services will streamline procedures and boost the quality of services provided Eas …
( read original story …)


Posted on 19/05/2022

UAE: Pakistan’s First Digital Bank Among Startups To Join Abu Dhabi’s Hub71

Among the cohort is Pakistan’s first digital bank, TAG, UAE-based Trade Capital Partners – a platform that boosts access to working capital for startups and small to medium-sized enterprises in …
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Posted on 18/05/2022

Most Gulf markets rise; Dubai down

Most stock markets in the Gulf extended gains from the previous session to end higher on Wednesday as crude prices gained, but the Dubai index bucked the trend to close lower.
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Posted on 18/05/2022

RBI says no to six banking licence applicants. Who are they?

The Reserve Bank of India (RBI) said on May 17 that it had found six applicants not suitable to be given licences to run universal banks and small finance banks, or SFBs. RBI said those found not …
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Posted on 18/05/2022

Adnoc and Borealis to sell 10 percent stake in Borouge petrochem joint venture through an IPO

The Middle East IPO boom has continued to gather steam even as Russia … listings in the last 16 years successful despite a large volume of IPOs? In April, the Dubai Electricity and Water Authority …
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Posted on 18/05/2022

Another ADNOC entity – Borouge – to go in for IPO, list on ADX

Launched in 1998, the Borouge complex is the nerve centre of ADNOC – and Abu Dhabi’s – ambitions in the petrochemical space. Its main production is of polyolefin solutions a …
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Posted on 18/05/2022

Asia’s Spac hopefuls have nowhere to turn as IPO market dries up

Asian sponsors of blank-cheque firms are facing a tough market for initial public offerings (IPOs) wherever they turn, as a combination of increasing regulatory scrutiny and fading investor demand …
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Posted on 18/05/2022

Residents of the UAE can apply for a free course to learn how to invest in the stock market

This course will provide participants with an overview of how and when to invest, how to manage investment risks, how investor psychology works, how to limit possible losses and maximize benefits, how …
( read original story …)


Posted on 18/05/2022

‘Deserving successor’ Sheikh Mohamed bin Zayed will boost UAE growth by investing in people: officials

Government officials pointed to Sheikh Mohamed bin Zayed’s achievements across security, construction, culture, and tourism, among other fields, and have showed support for his plans to ensure …
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Posted on 18/05/2022

Emirates IPO will raise the profile of the Dubai market

The international airline could be listed as part of the government’s privatisation drive …
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Posted on 18/05/2022

RBI Rejects On Tap Banking License Request Of All 6 Applicants

The RBI in a statement said the examination of six applications has now been completed as per the procedure laid down under the guidelines.
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Posted on 18/05/2022

UAE’s Best Jobs and Roles in 2022

A new survey conducted by Bayt.com and YouGov revealed the jobs and roles on top of the list of UAE employers who plan to hire in 2022.The survey which was survey was conducted online from December 8, …
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Posted on 18/05/2022

UAE Medical Devices Market: Projected to Grow at A Significant Rate with Industry Analysis, Key Leading Industry Players 2021 – 2026

The UAE Medical Devices Market research report is a thorough analysis that provides an in-depth perspective of the market, including current trends and future size in terms of service and products.
( read original story …)


Posted on 17/05/2022

Dubai has been attracting attention of tech community from India: Yousuf Lootah

He said one of the key things that Dubai has been successful in doing over the past year has been attracting the attention of the tech community from India. Lootah also spoke about rising visitors to …
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