Tag: banking

Dubai’s main share index was flat, after rising 1.7% in the previous week following Dubai Electricity and Water Authority’s (DEWA) stellar debut. DEWA shares were up 0.7%. Gains in the real estate …
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The rupee hit 20.82 against Emirati dirham on Monday morning Agencies file by A Staff Reporter Published: Mon 18 Apr 2022, 9:59 AM The In …
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Dubai: The Indian rupee recorded remittance-beneficial rates against the US dollar and the UAE dirham these past days, and forex analysts are flagging further currency weakness this week, giving hope …
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The IMF also projected a 2.5 per cent growth rate over the next five years till 2024. Meanwhile, the UAE Central Bank, last month, revised the country’s forecast upward by 0.4 per cent to 2.4 per cent …
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First Abu Dhabi Bank withdrew its offer to buy a majority stake in Egypt’s biggest investment bank EFG-Hermes, citing global market volatility amid Russia’s invasion of Ukraine. FAB had offered to buy …
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Small and medium enterprises represent 94 percent of companies operating in the country, contributing over 50 percent to national GDP Emirates Islamic Bank launches new business account to support UAE …
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Millennium Hotels & Resorts MEA, one of the fastest-growing regional hotel management companies in the Middle East & Africa, has partnered with the UAE Food Bank, a non-profit charitable organisation …
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The utility’s float is the largest listing ever in the UAE and the largest listing in the Middle East since Saudi state oil giant Aramco went public on the kingdom’s Tadawul exchange in 2019.  Dewa in …
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The 1 Billion Meals initiative gives access to food supplies to the underpriviliged Dubai: A.R.M. Holding has donated of Dh2 million to the 1 Billion Meals initiative. Organised by Mohammed bin Rashid …
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DUBAI, UAE / ACCESSWIRE / April 15, 2022 / His Highness Sheik Mohammed bin Rashid, Dubai’s ruler and Prime Minister of Dubai recently announced the …
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The Ministry of Human Resources and Emiratisation in the UAE has warned employers and national and resident families of the risks of dealing with unlicensed domestic labour recruitment agenciesTraditi …
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Cyprus-based and FCA regulated platform FxPro has opened a new office in Dubai as it seeks to focus on providing customizable liquidity solutions to the region’s diverse clientele.
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Umbrella for tens of food banks in 50 countries committed to expand services Dubai: The Food Banking Regional Network (FBRN) is supporting the 1 Billion Meals initiative, the largest campaign of its …
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Major Gulf bourses fell on Thursday and Abu Dhabi’s share index slipped more than 1%, after First Abu Dhabi Bank (FAB) withdrew its offer for a stake in Egypt’s EFG Hermes .
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First Abu Dhabi Bank PJSC withdrew its billion-dollar bid for Egypt’s biggest investment bank EFG-Hermes, citing market volatility amid Russia’s invasion of Ukraine.Most Read from BloombergUkraine …
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It’s the usual story that someone down the line got blamed for it.’ Not all seems well at Foreign Ministry over vacancies, says ex-ambassador. Umno VP wants Bersa …
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Burj Khalifa, the tallest building in the world, celebrated the listing of Dubai Electricity and Water Authority (DEWA) on the Dubai Financial Market (DFM) by showing a 3-minute video on the Burj. The …
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