Tag: banking

December remittance volumes were already trending higher – it could get more busy Dubai: The Indian rupee could come under renewed pressure today (December 16), with one dirham at Rs20.75 and slipping …
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The UAE Central Bank has fined six hawala operators Dh350,000 in violation of the country’s Anti Money Laundering and Combatting the Financing of Terrorism and Financing of Illegal Organisations …
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Dubai: The Economic Zone (RAKEZ) has signed an agreement with Commercial Bank of Dubai (CBD), allowing the free zone’s customers to open bank accounts easily. “Through this partnership, RAKEZ clients …
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Companies in the UAE must start planning for rising costs in 2022 and 2023, says a senior corporate banking executive from Mashreq Bank, a leading financial institution in the country. “Inflation is a …
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Hussain Sultan Al Junaidy has described it as the “craziest” decision in his career to take over at the helm of the DIFC-based club, but the 83-year-old has worked tirelessly to put it back on the map …
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Fitch Ratings has revised the Outlook on Jordan-based Arab Bank Plc’s (AB) Long-Term Issuer Default Rating (IDR) …
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The United States is prepared to move forward with the sale of F-35 fighter jets and drones to the United Arab Emirates (UAE), U.S. Secretary of State Antony Blinken said on Wednesday, after reports …
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Finance Minister Basil Rajapaksa left for Dubai today with his wife, reports said.According to reports, the Finance Minister left for Dubai on a private visit.President Gotabaya Rajapaksa had also …
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DUBAI, 14th December, 2021 (WAM) — Drawing the world’s attention to the current state of the global education ecosystem, RewirEd Summit, held …
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H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, chaired the first meeting of the Emirati Talent Competitiveness Council, which discussed its …
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Dubai has lost out to Singapore as the top offshore market for trading in the rupee. The Singapore Stock Exchange (SGX) had a 76 per cent share in rupee-dollar futures as 58,651 contracts were traded …
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Chairing the last cabinet meeting scheduled for 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, affirmed that the UAE has …
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H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, today received Akylbek Japarov, Chairman of the Cabinet of Ministers of …
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Dubai Holding, a diversified global investment company with operations in 13 countries, has announced the appointment of Fernando Eiroa as the new Chief Executive Officer of Dubai Holding …
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The UAE as a host will aim to mobilise a step up … Another important topic on negotiations table is the broken promise of climate finance. Despite that developed countries agreed in 2009 to …
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As part of its keenness to ensure customer satisfaction, the Ajman’s Department of Finance signed agreements with 12 top local banks in the country to offer “easy payment plan”, which allows …
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One of Israel’s fastest-growing technology firms is opening a Dubai office to lure international talent as a way around the chronic labor shortage plaguing the industry at home.Most Read from …
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