National Bank of Ras Al Khaimah joined forces with Etihad Credit Insurance, the UAE’s federal export credit agency, to boost financing for small and medium enterprises through the UAE Trade Finance …
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How a finance graduate from a small Indian town became a successful realtor in Dubai at 26
Dubai: Before arriving in the UAE about 17 years ago, Gaurav Aidasani, 38, lived, studied and graduated from a small town known as Sambhar Salt Lake in Jaipur, India. His struggles to complete his …
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Cooling services firm Empower plans Dubai IPO after reporting $254mln profit
RIYADH: UAE cooling services provider Empower has reported a net profit of 936 million dirham ($254 million) for 2021, an increase of 4 percent compared to last year, as it confirmed plans for an …
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UAE Readies National Crypto Licensing in Push to Embrace Fintech
The United Arab Emirates is poised to issue federal licenses for virtual asset service providers by the end of the first quarter in an effort to attract some of the world’s biggest crypto companies, …
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Cover story: Why the chairman of UAE’s Century Financial feels a people-centric approach is a game changer
The key to a strong relationship with investors is offering them best-in-class support, explains the company’s CEO and chairman Bal Krishen.
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Cover story: Why the chairman of UAE’s Century Financial feels that a people-centric approach is a gamechanger
Walking around the elegant banquet room – at V Hotel in Dubai – where the event is … The asset management arm just launched its first hedge fund, aimed at serving professional clients …
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Grapefruit USA, Inc. Announces Term Sheet with Dubai-Based Lender to Build GPFT ‘Mothership’
United Arab Emirates, to finance development of its 2-acre lot in the Coachillin’ Canna-Business Park in Desert Hot Springs, California, located just North of Palm Springs. The process now moves …
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DIFC drives Dubai’s next phase of growth
Dubai has won many global accolades for handling the pandemic and its impact by setting a precedent of building a robust economy simultaneously. The proof of it was evident on Wednesday when Dubai …
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Zenfinex Has Recruited Michel Chabbouh as CEO MENA to Head Its UAE operations
He will head the company’s UAE-based operations as the new CEO MENA. In a recent press release shared with Finance Magnates, Michel Chabbouh, a veteran senior executive with more than fourteen years …
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UAE’s ADNOC and Borealis plan to IPO minority stake in Borouge
Abu Dhabi National Oil Company (ADNOC) and Austria’s Borealis AG are considering a potential IPO of a minority stake in their joint venture plastics business Borouge, the state oil company said in a …
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Ministry of Finance organises ‘MoF Innovates 2022
As part of its participation in the UAE Innovation Month 2022, and reiterating its excellence in supporting innovation and innovators, the Ministry of Finance (MoF) will organise a programme under the …
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ADNOC, Borealis hiring banks for IPO of plastics joint venture
The largest oil producer in the UAE and its Austrian chemicals partner … Borealis said on Tuesday they’re considering an initial public offering of a minority stake in the business.
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FAQs answered: 2022 guide to buying better stocks, forex, gold, cryptocurrencies
Image Credit: Supplied Dubai: Whether you want to invest for … top cryptocurrencies in terms of investment from the big hedge funds and ETFs. As for the region, the UAE and Bahrain will continue …
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UAE’s robotics start-up Micropolis raises $4m to fuel growth
Dubai-based robotics and autonomous technology start-up Micropolis … It will be used to accelerate commercial production capability, improve research and development activities and finance new …
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World of Web3 Week (WOW) Set to Taking Place on March 12th-18th in Dubai
The speakers include Dr. Marwan Al Zarouni (CEO Blockchain Center UAE), Hoda A.Alkhzaimi (President at Emirates Digital Association for Women), Saeed Aldarmaki (Founder of Sheesha Finance and …
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UAE Digital Bank Zand Wins Franklin, Aditya Birla Backing
Zand, a digital bank helmed by Dubai businessman Mohamed Alabbar, has won the backing of investors such as Franklin Templeton and Aditya Birla Group as it seeks to seize on opportunities thrown up by …
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Empower posts 9.3% revenue growth, plans IPO by Q4
Ahmad bin Shafar, CEO of Empower, said the IPO listing on the Dubai Financial Market is part of Dubai’s efforts to strengthen its stock market and attract more listings amid a growing appetite for …
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