Tag: banking

UAE fintech Pyypl has raised $11 million in Series A funding … s two billion-strong population has high smartphone adoption rate, but that access to finance services had not kept up: “Despite this, …
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Present were Sheikh Sultan bin Hamdan bin Zayed Al Nahyan, UAE Ambassador to Bahrain, Sheikh Shakhbout bin Nahyan bin Mubarak Al Nahyan, Minister of State, Jassim Mohammed Buatabh Al Zaabi, Chairman …
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As the dust settles following the announcement by the UAE’s Ministry of Finance that a federal corporate tax will be introduced, the onus is on businesses in the UAE to ensure they are tax ready …
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First Abu Dhabi Bank , the UAE’s biggest lender, is in talks to buy Egyptian bank EFG Hermes , which has a market value of over $970 million, two sources with knowledge of the matter said.
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“My first job in Dubai was at a swimming pool construction … And if you need to take a bank loan for whatever reason, repaying that should be your priority. It was basically to reduce …
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DUBAI (Reuters) – Abu Dhabi-based crypto trading … it at $400 million as it eyes an eventual initial public offering (IPO), its chief executive officer said. Hayvn, which raised $5 million …
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DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / February 9, 2022 / The contemporary world, in which we live, is evolving at an accelerated pace. Deficiencies …
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First Abu Dhabi Bank PJSC made an offer to buy a majority stake in EFG Hermes, in what’s likely to be the biggest acquisition yet in Egypt by the UAE’s largest lender.Most Read from BloombergAmazon Is …
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The United Arab Emirates said a blast that rocked the capital overnight was caused by an exploding gas cylinder and warned the public not to spread rumors amid heightened fears following a series of …
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Commercial Bank of Dubai (CBD) one of the leading banks in the UAE has approved a debt financing deal with Postpay, a omni-channel …
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Investor demand was strong with an orderbook that was more than 2.5 times oversubscribed Dubai Islamic Bank (DIB) priced its $750 million 5-year sukuk issue with a profit rate of 2.74 per cent per …
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I have been living in the UAE for the past seven years and lost my job in 2021. I haven’t been able to find another one and my savings are almost gone. I have cut down on my day-to-day living expenses …
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While the UAE represents a tiny proportion of this huge global sum, Sheikh Abdullah said “illicit finance poses a threat to the UAE’s international reputation and to the integrity of our world-leading …
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Commenting on the IPO market in 2022, he said Dubai authorities are now focused on improving market breadth and liquidity with a market maker fund and a Dh1 billion fund to encourage technology …
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DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / February 8, 2022 / There has been a clear understanding of the negative impact that the recent pandemic has engendered on major sectors such as finance, real …
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DUBAI, 8th February, 2022 (WAM) — The UAE, represented by the Ministry of Finance (MoF), signed an agreement to promote and protect mutual investments with the Republic of Mozambique. The …
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Bank upgraded credit card without my permission … Dear Reader, This section is about Living in UAE and essential information you cannot live without. Register to read and get full access to …
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