When you’re struggling to make ends meet, it is easy to cross out loan and debt payments from the long list of bills you have to settle for the month. However, experts warned this could lead to bigger …
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UAE explores cooperation and investment opportunities with Jersey
LONDON, 14th July, 2020 (WAM) — The UAE Embassy in London, in cooperation with the Ministry of Economy, has discussed cooperation and investment opportunities with the Government of Jersey via …
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Saudi bourse says derivative product to boost investment profile ahead of IPO
These comments came as the Saudi Stock Exchange earlier announced that its derivatives market would launch on August 30 …
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UAE stocks stumble, again led by real estate and banking
On UAE indices, real estate and banking stocks again came under pressure, with DFM dipping 0.72 per cent, while ADX slipped 0.54 per cent. Among blue-chips, Commercial Bank of Dubai was down 4.86 per …
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UAE completes phase 1 of e-Dirham transformation
The UAE’s Ministry of Finance (MoF) has announced the completion of phase one of the transformation of the e-Dirham system, in cooperation with relevant ministries and national banks across the UAE.
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UAE- Money makes the world go round – how will new FinTech companies change the payment landscape?
Dubai and DIFC’s ranking as one of the … DIFC’s commitment to driving the future of finance means we will always be there to find new ways to advance the money services sector.
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A Marxist Guide to Understanding the Gulf States’ Political Economy
An Emarati petrol station is pictured with the Burj Khalifa on September 7, 2015, in Dubai, United Arab Emirates … in what became the world’s largest initial public offering (IPO) to date. This was …
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UAE the perfect place for post-pandemic business, Jersey firms told
Companies from the Channel Island of Jersey should look to partner with the UAE and its business-friendly environment as the world begins to emerge slowly from months of lockdown over the Covid-19 …
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Libya Halts Oil Exports Again and Blames the UAE for Blockade
(Bloomberg) — Libya’s National Oil Corp. declared force majeure on exports again, accusing the United Arab Emirates of being behind a blockade as chaos continued to engulf the country’s oil …
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Buy Now, Pay Later Targets Trade Finance Deserts
It’s a critical initiative to supporting both the local and global economies, but with such a dramatic lack of trade finance available, addressing the need is going to take a mix of strategies. In the …
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deNovo Corporate Advisors to expand global capabilities through a strategic alliance with PJT Partners
deNovo and PJT Partners will collaborate to provide financial advisory services to large Middle East- based companies, sovereign wealth funds and family groups, including in connection with global …
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UAE wants Libya to ‘return to oil production’ amid war
The United Arab Emirates wants Libya to “return to oil production” as soon as possible, a top Emirati official said Monday, after officials with Libya’s U.N.-supported government in Tripoli accused …
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NMC’s UAE entity weighing Abu Dhabi option for restructuring: sources
Troubled hospital operator NMC Health’s entity in the United Arab Emirates (UAE), NMC Healthcare LLC, is considering applying for restructuring and insolvency proceedings locally, two sources familiar …
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UAE Govt support for citizens reached $2bn in 2019
Financial aid and social benefits accounted for 13.4% of total federal government expenditure last year The UAE Government has revealed that … according to statistics from the Ministry of Finance.
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Dubai stimulus reinforces commitment to private sector
Governments across the world have announced economic stimulus packages to mitigate the difficulties faced by businesses due to lockdowns following the outbreak of COVID-19. The UAE and Dubai have been …
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FIrst UAE-China digital expo kicks off on July 15
UAE Economic and Trade Digital Expo will be held jointly by the UAE Ministry of Economy and the China Council for the Promotion of International Trade (CCPIT) from July 15 to 21. The week-long event …
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Mission to Mars: UAE Set to Become First Arab Nation to Explore Other Planets
Hope” or “Al Amal” in Arabic – is scheduled to liftoff from Japan’s Tanegashima Space Center and begin a seven-month journey to the Red Planet. The probe is expected to enter Mars’ orbit in 2021, coin …
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