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Tag: banking

Posted on 11/03/2022

Masdar City, Mashreq Bank ink deal to provide financial services to UAE’s startup and SME ecosystem

Masdar City offers quick and easy access to a range of vital business services and benefits, including registration, government relations, visa processing, 100 percent foreign ownership; 0 percent …
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Posted on 11/03/2022

UAE – Maktoum bin Mohammed meets with Chairman of Lazard

H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minis …
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Posted on 11/03/2022

A wide number of UAE residents are at risk of under-insurance

Middle East’s leading finance site, has recently launched their exclusive 24/7 Personal Accident extension, which is an extra-value …
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Posted on 11/03/2022

UAE – Maktoum bin Mohammed meets with CEO of HSBC Holdings PLC

H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minist …
( read original story …)


Posted on 11/03/2022

UAE – ADIB enhances its digital banking ecosystem

More than 75% of customers are digitally active on ADIB’s online banking platforms by A Staff Reporter Published: Thu 10 Mar 2022, 5:20 PM
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Posted on 10/03/2022

iFX EXPO Dubai 2022: Quant Insight CEO addresses the 65-85% FX losers

Finance Feeds was at iFX EXPO Dubai 2022, one of the most popular finance and fintech B2B conferences in the world.
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Posted on 10/03/2022

Oil price falls after UAE backs to push OPEC to increase outputs

The dramatic U-turn by the United Arab Emirates set off the biggest drop in brent crude since April 2020, with the benchmark falling 13% during the session.
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Posted on 10/03/2022

Wealthy Russians flock to Dubai as west tightens sanctions

We’ll send you a myFT Daily Digest email rounding up the latest Dubai news every morning. Russians have flocked to set up businesses and buy property in the United Arab Emirates in an effort to secure …
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Posted on 10/03/2022

Majority of Middle East customers prefer digital banking, survey finds

Most Middle East residents prefer online banking, a trend accelerated because of the digital transformation of banking and payment industries in the past few years, new research shows. Nearly 77 per …
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Posted on 10/03/2022

UAE Says OPEC+ Should Boost Output, Setting Up Tension in Group

The United Arab Emirates said it will call on its fellow OPEC+ members to boost oil output faster, a dramatic U-turn that could set the country against fellow members of the alliance led by Saudi …
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Posted on 09/03/2022

UAE puts focus on climate finance at UN’s top table

Dr Sultan Al Jaber, the UAE’s Special Envoy for Climate Change and Minister of Industry and Advanced Technology, on Wednesday said that billions of people were “highly vulnerable” to climate change …
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Posted on 09/03/2022

Planning to invest in LIC IPO? Here is everything you need to know

The Life Insurance Corporation of India, popularly known as LIC is set to go for one of the biggest initial public offerings (IPO) to date, as the Government of India will sell 5 …
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Posted on 09/03/2022

UAE: What are the legal risks investors need to watch out for when investing in virtual assets?

Many need clarification on the legal ramifications when investing in virtual assets. Dubai: With the rise in popularity of digital investment assets like cryptocurrencies and the UAE approving a law …
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Posted on 09/03/2022

UAE banking sector poised for growth: A&M

The profitability of the UAE’s banking sector recovered appreciably in 2021 and will grow further in 2022 on the back of anticipated economic recovery and the digital transformation of the banking …
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Posted on 09/03/2022

FRANCHISE IN UAE’s T20 LEAGUE ACQUIRED BY CAPRI GLOBAL

Capri Global has made its first ever historic foray into cricket by acquiring a franchise in UAE’s T20 league.
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Posted on 09/03/2022

ADNOC is UAE’s most valuable brand, while DFM is the fastest growing

Image Credit: Gulf News Archive Dubai: The energy giant ADNOC remains … which recently completed a Dh4 billion IPO, the retail and property conglomerate Majid Al Futtaim, and Emirates Global …
( read original story …)


Posted on 09/03/2022

Profitability of UAE banking sector recovers amidst cautionary winds as deposits outpace loans in 2021

The UAE Banking Pulse for FY 2021 suggests that, overall, banks have performed well on key income categories related to the markets Profitability of UAE banking sector recovers amidst cautionary winds …
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