RM118.8 Million Net Profit and 10.5 sen dividend declared – highest since becoming an investment bank KEY HIGH …
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How open banking is transforming the regional financial services
Tarabut Gateway’s 2022 MENA Open Banking Spotlight explores how regulation, implementation and adoption are enabling a new era of financial services across the region …
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Paganini hopes UAE-Uruguay economic cooperation will go to next level
Paganini, who was part of Luis Lacalle Pou’s (President of Uruguay, delegation’s visit to Expo Dubai 2020, held talks with UAE authorities and discussed ways to explore economic and investment …
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UAE jobs in 2022: 72% expect salary increase, 59% confident about opportunities
The stark difference between an employee’s expectations and their current pay may lead to UAE’s Great Resignation …
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A call to advance adoption of artificial intelligence across the global finance industry
Arif Amiri is Chief Executive Officer at Dubai International Financial Centre Authority. The global finance industry has started to recognise the potential of artificial intelligence to help advance …
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Dubai’s Mashreq Bank could sell its payments business – and it may not be the only one
First Abu Dhabi Bank is in talks with Brookfield Asset Management to sell its payments unit called Magnati. In 2015, Warburg Pincus and General Atlantic bought a stake in Network …
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Meet the Gen Zs who have built significant wealth in their 20s
At only 25, Queenie Tan has a net worth of 494,899 Australian dollars ($357,026), which she built along with her 30-year-old partner Pablo over a span of six years.Her net worth was more than …
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Dubai stocks gains, lifted by Dewa’s expected IPO
lifted by the news of Dubai Electricity and Water Authority (Dewa) expected initial public offering (IPO) early next month. In addition, investors also priced in geopolitical developments in Europe on …
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Saudi Arabian miner Al Masane Al Kobra set to raise up to $333mln in IPO
DUBAI- Saudi Arabia’s Al Masane Al Kobra Mining Co is set to raise up to 1.25 billion riyals ($333.18 million) in its initial public offering, after the company disclosed it indicative price range on …
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Investors punish Home Depot despite solid 4Q; Dubai still has the world’s busiest airport
Home Depot saw its sales remain strong in its fourth quarter as i Even so, its stock slumped 8.9 percent helped drag down the S&P 500 over concerns about the home-improvement retailer’s profit margins …
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UAE-based angel investors invest in IMAN’s $1 million Seed round
A group of UAE-based angel investors has participated in Uzbek-based fintech startup IMAN’s $1 million Seed round. The …
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UAE-based teachers build world’s first financial intelligence hub
Two UAE-based teachers have fused EdTech with FinTech to create the world’s first financial intelligence hub — complete with a learning resource and a smart money management app. The purpose-built …
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UAE’s First Abu Dhabi Bank set to sell $500 million sukuk
Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, KFH Capital, Saudi National Bank, Sharjah Islamic Bank, Standard Chartered and The Islamic Corporation for the Development of the …
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Saudi Arabian miner Al Masane Al Kobra set to raise up to 1.25 billion riyals in IPO
Saudi Arabia’s Al Masane Al Kobra Mining Co is set to raise up to 1.25 billion riyals ($333.18 million) in its initial public offering, after the company disclosed it indicative price range on …
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Emirates Development Bank and Dubai Islamic Bank team up to fund UAE SMEs
helping them have easier access to finance. “Emirates Development Bank is committed to supporting the UAE’s economic diversification strategy. To achieve this, one of the pivotal steps is to bridge …
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Dubai-owned B2B marketplace Tradeling is out to win the percentage game
Image Credit: Supplied Dubai: The Dubai Government backed B2B … and making it easier for buyers on the portal to tap trade finance, Tradeling wants to reshape the B2B space in favour of online …
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UAE – Mohammed bin Rashid receives credentials of new ambassadors
Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, H.H. Sheikh Ahmed bin …
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