Tag: banking

DMCC– the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – is pleased to announce that it will be hosting the fifth edition of its Dubai Diamond …
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The upcoming Middle East Banking Revolution Summit in Dubai, UAE will be attended by more than 200 bankers and financial technology leaders, 35 speakers representing more than 100 financial …
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This past year has been one of sweeping legislative innovation for the UAE and emblematic of the country’s expansive, international outlook when it comes to easing the way for businesses of all kinds …
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Banks operating in the UAE can no longer stop payment against a cheque even when the cheque drawer’s account does not have enough funds to cover the full amount. Instead, they can make partial …
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Mubadala Investment Company, the Abu Dhabi-based sovereign investor managing a global portfolio of assets valued at US $243 billion, today announced claiming the ‘2021 Fund of the Year’ award, which …
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Tuesday 4 January 2022 [ AETOS Wire ] (BUSINESS WIRE )– Sullivan & Cromwell LLP announced today that Robert J. Giuffra, Jr. and Scott Miller have bec …
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Abu Dhabi bourse today retreated 0.65 percent to 8,409 pts, while Dubai Financial Market edged up 0.79 pct to 3,216 pts driven by the real estate and banking blue chips. DFM-listed Emaar Properties …
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The Financial Action Task Force is leaning toward adding the UAE to its “gray list,” which would make the country subject to more oversight for shortcomings in combating money laundering.
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The United Arab Emirates is at increased risk of being placed on a global watchdog’s list of countries subject to more oversight for shortcomings in combating money laundering and terrorist financing, …
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DUBAI: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today met with Yemen’s Prime Minister Dr. Moeen Abdul-Malik at the country’s pavilion at …
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FAB Properties, the real estate service provider specialising in end-to-end property solutions, and First Abu Dhabi Bank (FAB), have partnered with Eltizam Asset Management Group (EAMG), a physical …
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Square Yards will become the first proptech startup to go public. The real estate company has beaten the odds, reporting substantial revenue growth across the pandemic years.
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Reem Finance, a leading company offering financial services across the UAE, has announced the launching of the ‘Amala’ programme, a unique service to finance hiring domestic workers. The programme …
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The budget cycle will support Dubai’s efforts to stimulate the macroeconomy and the objectives of the Dubai Strategic Plan 2030. Dubai approves general budget for 2022-2024, allocates $1.42bn to …
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Zand, the UAE’s first digital bank, is set to open at a time where UAE residents are increasingly receptive to digital offerings.
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Alibaba was in the crosshairs of President Xi ever since its ill-fated, aborted Ant Financial IPO and now trades at 119 in New York. I remember Alibaba was $310 in October 2020 and $230 around New …
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Dubai: The UAE’s new law on decriminalisation of bounced cheques that became effective on Sunday has come as a great leap forward in updating the banking laws in the country in sync with the global …
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