At the same time, Turkish investments in the UAE reached $310 million in 2019. During the high-level visit of Abu Dhabi Crown Prince bin Zayed to Turkey in November last year, 10 agreements were …
( read original story …)
Market movers: Zomato inching closer to IPO price; another shocker for SpiceJet
One prime example is Zomato, once a multibagger, now inching closer to its initial public offering (IPO) price of Rs 76 … capacity in Sanand and packaging films lines in Karnataka and Dubai.
( read original story …)
Dubai’s Mashreq picks Israeli firm to help detect financial fraud
Israel-based ThetaRay plans to roll out AI-driven solutions to help Mashreqbank, Dubai’s third-biggest lender, detect financial fraud during cross-border payment transfers. Mashreqbank is ThetaRay’s …
( read original story …)
What to Expect at the iFX EXPO Dubai 2022
About The Organisers With over 10 years’ experience in the space, iFX EXPO organisers Ultimate Fintech have plenty of fintech and finance shows under their belt. With past shows running in Cyprus, …
( read original story …)
Dubai SME and Khalifa Fund announce collaboration to leverage Gulfood
Khalifa Fund for Enterprise Development (KFED) and Dubai SME are collaborating to enable UAE SMEs to network with international vendors at Gulfood 2022, the world’s largest food and beverage trade …
( read original story …)
Mashreq Bank Chooses Thetaray Transaction Monitoring Solution for Correspondent Banking
UAE Bank Contract Marks Expansion of Thetaray AI-Driven Solution into Middle East Financial Institutions DUBAI, UAE, TEL AVIV, Israel and NEW YORK, Feb. 14, 2022 /PRNewswire/ — Mashreq Bank of …
( read original story …)
UAE bank Mashreq to use Israeli financial crime detection tool
DUBAI, Feb 14 (Reuters) – Emirati bank Mashreq (MASB.DU) will use a transaction monitoring tool for correspondent banking developed by Israeli cyber security firm ThetaRay to detect financial crimes, …
( read original story …)
Aafaq Islamic Finance participates in the Ras Al Khaimah Happiness Festival – mid-east.info
Ras Al Khaimah; United Arab Emirates:“Aafaq Islamic Finance” announced its participation in the fourth edition of the Ras Al Khaimah Happiness Festival 2022, which is held by the Ras Al …
( read original story …)
UAE – Oil majors face backlash as era of big profits returns
The opposition Labour Party said it was not enough. Finance minister Rishi Sunak’s“energy plans last week left families more worried than ever,” tweeted Labour shadow minister Rachel Reeves …
( read original story …)
Etisalat, ADQ, Alpha Dhabi and FAB to launch UAE-based digital bank ‘Wio’
With its headquarters in Abu Dhabi, Wio will enhance the capital’s growing reputation as a global financial services centre at the leading edge of digital banking. The total invested capital in Wio is …
( read original story …)
Erdogan’s visit set to boost UAE-Turkey ties
Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to Ankara in November, during which several agreements in the fields of finance, banking, shipping, energy and …
( read original story …)
UAE – Turkey gold conversion plan faltering
When Turkish finance minister Nureddin Nebati this week announced plans to encourage households to convert their gold holdings into Turkish liras in a bid to shore up Turkish central bank …
( read original story …)
Increased Turkey, UAE collaboration to benefit region: Erdoğan
“In addition to energy, health, agriculture, logistics, infrastructure, finance and tourism, we aim to advance cooperation between Turkey and the UAE on climate change, water and food security as well …
( read original story …)
Abu Dhabi Ports shares surge 15% in debut after raising $1.1 billion in latest UAE IPO
Shares in Abu Dhabi Ports Group surged 15% on its debut on Tuesday, after raising 4 billion dirhams ($1.1 billion) in a share sale, marking the first in a series of highly anticipated listings for the …
( read original story …)
Who brought slavery to the UAE?
The UAE taught us that there is nothing more valuable than human life. Human life is much more valuable than all material goods, finance, rules and regulations. Why is it mandatory for financial …
( read original story …)
CT in UAE Part-2: Detailed laws awaited for key issues on Free Zones
Ministry of Finance (MoF) has stated that further information on CT will … do not conduct business with mainland UAE, will be honoured. a) Whether the technical disqualification i.e. conducting …
( read original story …)
UAE – Anil Ambani banned by Indian regulator from stock market until further notice
Stock market regulator Securities and Exchange Board of India (SEBI) restrained Reliance Home Finance, its promotor Anil Ambani and three others from buying, selling or dealing in securities …
( read original story …)