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Tag: banking

Posted on 09/01/2022

DFZ Council to facilitate opening business bank accounts

The Dubai Free Zones Council (DFZ Council) held its 19th meeting, headed by Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of the Dubai Free Zones Council, …
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Posted on 09/01/2022

Dubai Free Zones Council discusses facilitating opening business bank accounts

DFZ Council’s initiatives are testament to its commitment to its role in Dubai’s economic development: Sheikh Ahmed bin Saeed Al Maktoum …
( read original story …)


Posted on 09/01/2022

Dubai Free Zones Council discusses facilitating opening business bank accounts

DFZ Council’s initiatives are testament to its commitment to its role in Dubai’s economic development: Sheikh Ahmed bin Saeed Al Maktoum …
( read original story …)


Posted on 09/01/2022

UAE: Never disclose banking info to callers on the phone, police urge as cases increase

Over the past two years, authorities said such cases had declined, but has increased again, as multiple gangs are operating networks inside and outside the country. Top officials at Dubai Police and …
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Posted on 09/01/2022

UAE central bank expects economy to grow 4.2% in 2022

The Central Bank of the United Arab Emirates said it expects the UAE economy to grow 4.2% in 2022, accelerating from last year’s 2.1% growth.
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Posted on 09/01/2022

Financial soundness of UAE banks robust, says central bank

Dubai: The aggregate data on the UAE’s banking sector for the first nine months from the Central Bank of UAE (CBUAE) showed that banks remain fundamentally strong with resilient growth in assets and …
( read original story …)


Posted on 09/01/2022

UAE: Never disclose banking info to callers on the phone, police urge as cases increase

Over the past two years, authorities said such cases had declined, but has increased again, as multiple gangs are operating networks inside and outside the country. Top officials at Dubai Police and …
( read original story …)


Posted on 09/01/2022

Central bank projects 4.2% UAE GDP growth in 2022

Dubai: The UAE’s gross domestic product (GDP) is projected to grow 4.2 per cent in 2022 and non-hydrocarbon real GDP to increase by 3.9 per cent, according to the Central Bank of UAE. The Quarterly …
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Posted on 07/01/2022

J&T Express Officially Launches its Express Network in the UAE and Saudi Arabia

J&T Express, an international express logistics company, today announced the official launch of its express network in the United Arab Emirates (UAE) and Saudi Arabia. The two countries are the first …
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Posted on 07/01/2022

UAE – Ajman Ruler approves emirate’s 2022 budget worth AED2.417 billion

H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, approved AED2.417 billion for Ajman Government’s 2022 budget. H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince …
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Posted on 06/01/2022

RedHill Biopharma and Gaelan Medical Enter Into License Agreement for Talicia® for the United Arab Emirates

RedHill Biopharma Ltd. (Nasdaq: RDHL) (“RedHill” or the “Company”), a specialty biopharmaceutical company, announced that it has entered into an exclusive license agreement with Gaelan Medical Trade …
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Posted on 06/01/2022

JinkoSolar’s Subsidiary Jinko Solar Co., Ltd.’s Updated IPO Prospectus and Indicative IPO Timetable Published by the Shanghai Stock Exchange

JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, is in the process of applying for an initial …
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Posted on 06/01/2022

Biggest UAE Bank Taps Bin Tarraf to Replace Departing COO

First Abu Dhabi Bank PJSC has appointed Suhail Bin Tarraf to the role of group chief operating officer, according to people familiar with the matter, in one of the most important personnel choices …
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Posted on 06/01/2022

Gold hits one-week low on US central bank’s rate hike signals, down Dh3 per gram in the UAE

Gold prices slid to one-week low on Thursday as minutes of the US Federal Reserve’s December meeting signalled quicker increases to interest rates, boosting the US dollar and government bond yields US …
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Posted on 06/01/2022

Dubai: YouTuber to live in glass room near Burj Khalifa to help raise $10 million for refugees

A content creator will live in a glass room in Downtown Dubai near the Burj Khalifa until a UAE campaign raises $10 million. The World’s Coolest Winter campaign, which celebrates the UAE’s most …
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Posted on 06/01/2022

Dubai’s Global Ventures close to raising $100mln target for second fund

DUBAI – Dubai-based Global Ventures is close to meeting a $100 million target for its new fund after attracting investments from Abu Dhabi and Saudi Arabia’s state investors, insurer Bupa Arabia and U …
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Posted on 06/01/2022

Stocks, gold, metaverse, Bitcoin, cryptocurrency ETFs or NFTs: Where do I invest my money in 2022?

Here are the top investment themes to keep in mind while investing in 2022 Dubai: When it comes to money … in a detailed report. Buy gold to hedge inflation in 2022: Analysts Buy gold to …
( read original story …)


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