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Tag: banking

Posted on 09/11/2021

Dubai First partners with Mastercard to launch the first personalized mobile banking experience in MEA

Mastercard’s experiential customer engagement platform is introduced for the first time in the region with Dubai First
• The unique progr …
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Posted on 08/11/2021

Dubai hotels boast three million room nights in single month

Room nights up to September 2021 surpassed 21 million. Dubai hotels boast three million room nights in single month. dubai hospitality, dubai hotels, dubai tourism, Dubai tourism report, hospitality …
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Posted on 08/11/2021

Gold hits two-month peak as investors cheer dovish central bank stance

Spot gold rose 0.2 per cent to $1,819.52 per ounce by 0623 GMT (10.23am UAE time), having hit its highest since September 7 earlier in the session. US gold futures gained 0.3 per cent to $1,822.10.
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Posted on 08/11/2021

UAE real estate has potential to attract up to $450b investments

The UAE looks set to become a global economic centre of gravity in post-Covid era because of its successful strategy …
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Posted on 07/11/2021

Why ‘green’ finance will increasingly play a key role in GCC real estate investments

Senior Mashreq Bank exec says asset managers and fund allocators are increasingly prioritising companies that are ESG-focused …
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Posted on 07/11/2021

$9.23bn commercial property transactions in Dubai in Q3

As many as 2,845 commercial property transactions worth AED33.9 billion ($9.23 billion) were recorded by the Dubai Land Department (DLD) in Q3 2021, according to the latest Dubai Commercial Property …
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Posted on 07/11/2021

Ukrgas Bank inks deal with Emirate Mashreq Bank at USD35M

Ukrgas Bank in Ukraine and UAE’s Mashreq Bank have finished the initial deal on organized exchange finance, according to Ukrgas Bank’s media briefing.
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Posted on 07/11/2021

How these UAE millennials work towards their common goal of financial independence

Here is a list of five rules millennial residents stick to in order to achieve this dream Dubai: Many UAE millennials strive to achieve financial freedom by the time they turn 45. But is it possible, …
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Posted on 07/11/2021

Emirates First Group launches premium services brand

UAE-based Emirates First Group has announced the launch of e-First Global, its premium business set-up and investment advisory services unit in Dubai. The Group currently operates through six branches …
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Posted on 06/11/2021

Dubai sets up new entity to join top five global cities

In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, has setup Dubai’s Department of Economy and Tourism by combining …
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Posted on 06/11/2021

Sheikh Mohammed bin Rashid meets president of Colombia at Expo 2020 Dubai

Dubai: , Vice-President and Prime Minister of the UAE and Ruler of Dubai, along with Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of …
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Posted on 06/11/2021

Dubai sets up two new courts to deal with financial disputes

The new courts will focus on dispute resolution in securities, shares, bonds, and other such financial instruments.
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Posted on 06/11/2021

Market-maker fund, IPO announcement drive DFM market

This move boosted the market sentiments, which were already high due to a Dh2 billion market-maker fund to boost trading on stock market. Analysts said the latest initiative is aimed at making Dubai a …
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Posted on 06/11/2021

UAE’s biggest bank prices $218m green bond as it embraces sustainable finance

First Abu Dhabi Bank (FAB), the UAE’s largest lender, has priced its second Swiss Francs (CHF) denominated green bond of 2021, reinforcing its commitment to sustainable finance.  The CHF200 million …
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Posted on 06/11/2021

Sustainable finance key to net-zero goal

The UAE Sustainable Finance Working Group, comprised of numerous federal and local UAE regulators and exchanges chaired by Abu Dhabi Global Market (ADGM), has issued a high-level statement on …
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Posted on 06/11/2021

High-Level Statement on Sustainable Finance lauded

Earlier today, the UAE Sustainable Finance Working Group, comprised of numerous federal and local UAE regulators and exchanges chaired by Abu Dhabi Global Market (ADGM), issued a High-Level Statement …
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Posted on 05/11/2021

Ukrgasbank signs agreements with UAE’s bank for $35M

Ukraine’s Ukrgasbank and UAE’s Mashreq Bank have concluded the first agreements on structured trade financing, according to the Ukrgasbank’s press service. — Ukrinform.
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