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Tag: banking

Posted on 19/12/2021

Why super apps are the future of retail banking

Majority of UAE consumers are using contactless cards and mobile wallets for transactions Why super apps are the future of retail banking Arabian Business News …
( read original story …)


Posted on 19/12/2021

Why super apps are the future of retail banking

Majority of UAE consumers are using contactless cards and mobile wallets for transactions Why super apps are the future of retail banking Arabian Business News …
( read original story …)


Posted on 19/12/2021

UAE: Extension of stimulus will ensure solid, sustained recovery

UAE economy is expected to grow at a convincing 2.1% this year, thanks to these measures The UAE economy has convincingly bounced back from the pandemic impact faster than expected with the help of …
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Posted on 19/12/2021

UAE – Ajman’s Department of Finance offers top up of ‘Ajman Wallet’ through ATMs of ‘Ajman Bank’

The Ajman’s Department of Finance and Ajman Bank have signed an agreement to provide the Ajman Wallet recharge service for the smart payment platform ‘Ajman Pay’ through the bank’s ATMs across the …
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Posted on 18/12/2021

UAE Central Bank to extend support until June 2022

The regulator extended banks’ capital buffers and liquidity and stable funding requirements until June 30, 2022, under the Targeted Economic Support Scheme (Tess) to aid balance and sustained recovery …
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Posted on 18/12/2021

UAE Central Bank Extends Economic Support Measures Until June 30

The Central Bank of the United Arab Emirates has extended several measures of its Targeted Economic Support Scheme until June 30 help continued recovery of the nation’s economy.
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Posted on 18/12/2021

UAE central bank to extend some support measures until June 2022

The Central Bank of the UAE is extending support measures aimed at helping lenders mitigate the effects of the Covid-19 pandemic by six months until mid-2022 to back the country’s continued economic …
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Posted on 18/12/2021

UAE extends pandemic support scheme for banks until mid-2022

The Central Bank of the UAE (CBUAE) has extended several measures of its Targeted Economic Support Scheme (TESS) until the end of June 2022 to support the continued recovery of the country’s economy.
( read original story …)


Posted on 18/12/2021

UAE c.bank extends Targeted Economic Support Scheme through June

The United Arab Emirates’ central bank has extended several measures of its Targeted Economic Support Scheme (TESS) until June 30 to support the continued recovery of the country’s economy, the bank …
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Posted on 18/12/2021

Citibank UAE: Three Reasons to Open a Citi Account in the UAE

From managing funds to getting easy access to cash, a bank account offers multiple benefits to individuals and busin …
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Posted on 18/12/2021

Billionaire Majid Al Futtaim, who once worked as a bank clerk, passes away

Emirati billionaire Majid Al Futtaim, who once worked as a bank clerk, has passed away. Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum announced Al Futtaim’s death in a post on Twitter on Friday, …
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Posted on 17/12/2021

UAE community pays rich tribute to late businessman Majid Al Futtaim

Members of Dubai’s royal family and the business community paid rich tributes over the demise of prominent Emirati businessman Majid Al Futtaim on Friday night. Majid Al Futtaim, owner and founder of …
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Posted on 17/12/2021

UAE Central Bank and IFSB step up efforts to promote sustainable Shariah finance schemes

The Central Bank of the UAE and the Islamic Financial Services Board highlighted the instrumental role of the Islamic financial industry in global economic recovery and stressed the need to develop a …
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Posted on 17/12/2021

UAE-India free trade deal talks ‘proceeding well’, says top official

India-UAE bilateral relations will see “extraordinary developments” in the coming months, according to India’s Foreign Secretary Harsh V Shringla. UAE-India free trade deal talks ‘proceeding well’, …
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Posted on 17/12/2021

E-scooter firm Lime plans aggressive Middle East expansion

Mobility start-up Lime is planning to launch its e-scooter and e-bike rental service across the Middle East over the next two years.
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Posted on 17/12/2021

Standard Chartered makes key UAE hire as it targets Islamic banking growth

Standard Chartered has announced the appointment of Ali Allawala as head of Islamic banking (Saadiq) for the UAE as it targets growth in the Gulf country. Standard Chartered makes key UAE hire as it …
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Posted on 17/12/2021

Emirates NBD becomes first bank in Saudi to be awarded prestigious LEED® Gold V4 ID+C:CI certification

Dubai: Emirates NBD, a leading banking group in the MENAT (Middle East North Africa and Turkey) region, has announced that its Al Quds branch in …
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