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 names new CEO for entertainment division
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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Why COP28 in the UAE is a major achievement
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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Ajman’s Department of Finance partners with 12 top local banks to ease payments of government fees
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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Dubai Is Bait in War for Coder Talent Fought by Israel Firms
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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UAE property prices set to rise in 2022 amid government initiatives, experts say
UAE property prices are set to continue rising in 2022, driven by supportive economic reforms and an accelerated vaccination programme that has helped to hasten a rebound from the coronavirus-induced …
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Dubai Holding appoints Fernando Eiroa as CEO of Dubai Holding Entertainment
leading the IPO of one of the largest global groups, operating more than 60 parks in 14 countries across all segments and regions. As Chief Executive Officer of Dubai Holding Entertainment …
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UAE Central Bank imposes Dh19.5m penalty on bank under strict anti-money laundering rules
Dubai: UAE’s Central Bank has imposed a Dh19.5 million sanction on a bank in the UAE under the country’s Anti Money Laundering and Combating the Financing of Terrorism and Illegal Organisations law.
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UAE Central Bank mulls emiratisation of some banking and insurance roles
The UAE Central Bank is mulling the emiratisation of certain job roles in the banking and insurance sectors, official news agency WAM reported. The topic was discussed during the bank’s board meeting …
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UAE cbank considers Emiratisation of top banks
The UAE central bank, during its fifth board meeting this year, discussed a proposal for conducting a study on a job nationalisation programme and Emiratisation of leading professions by qualified UAE …
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UAE, Iraq partner to enhance banking supervision
The Central Bank of the UAE (CBUAE) and the Central Bank of Iraq (CBI) have signed a memorandum of understanding (MoU) to enhance cooperation on banking supervision matters. The MoU covers three main …
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UAE was exceptional in 2021 2022 will be greater: Sheikh Mohammed
The UAE leader noted that 2021 was full of challenges. However, he expressed great hope for the new year. “My personal expectations are that 2022 will be better, more beautiful and greater,” he said.
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UAE Central Bank considers Emiratisation of banking, insurance sectors
Discussed during the meeting was a proposal for conducting a study on a job nationalisation programme and Emiratisation of leading professions by qualified UAE citizens in the banking and insurance …
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Central banks of UAE and Iraq sign deal to boost co-operation
The UAE Central Bank has signed a preliminary agreement with the Central Bank of Iraq (CBI) to enhance co-operation on banking supervision matters. The agreement covers three key areas — control and …
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UAE: Salaries in 2022 to increase by 3 per cent?
New Salary Guide 2022 indicates an increase in hiring trend in the UAE Dubai: A new study on expected salaries in the UAE in 2022 indicates that workers may be looking at a slight increase in their …
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New UAE weekend: Flexible Friday timings, 4-day workweek for some private sector firms
The UAE government recently adopted the world’s shortest workweek, which will see public sector employees enjoy a two-and-a-half-day weekend from the new year. In Sharjah, the new weekend would be …
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Mauritius Commercial Bank gains new licence with Dubai FSA
Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.
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