The Dubai Land Department (DLD), the real estate arm of the Executive Council of Dubai, has partnered with UAE-based Mashreq Bank to release a blockchain-based mortgage platform, according to a …
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UAE property market needs new financing rules
While Dubai already has a handful of REITs … Launched in 2017, the SRC partnered with several financial institutions to provide long-term (15-20 years) mortgage solutions to home buyers. …
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New Swiss hedge fund manager Stouff Capital partners with REYL Group
Before launching his own hedge fund, Julien Stouff was responsible for trading strategy … and the rest of the world (Singapore and Dubai). The REYL Group (including minority affiliates) manages …
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UAE Exchange’s Emiratisation initiative lauded by Ministry of Human Resources and Emiratisation
Dubai: UAE Exchange, a renowned financial services brand in the United Arab Emirates, received an appreciation award from the Ministry of Human Resources and Emiratisation for their commitment and …
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Expo 2020 Dubai to attract 11 mln foreign visitors-officials
DUBAI (Reuters) – Dubai could attract 11 million foreign visitors to the Expo 2020 world fair, organisers said in an interview, giving a significant boost to the emirate’s tourism sector. Overseas …
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UAE gold jewellery prices soar ahead of Eid Al Fitr holidays
Dubai: Gold prices in the UAE have gone up ahead … according to Vijay Valecha of Century Financial. “The deadlock in the US-China trade talks alongside rumours that the US could ban more …
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UAE provided $5.3bn in grants to governments, organisations in 2018
Grants provided by the UAE in H1-2018 hit AED6.8 bn, before amounting to AED13 bn in the latter half, according to the statistics which are based on the Ministry of Finance’s figures. Q3-2018 saw AED7 …
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UAE’s SCA warns of false financial company certificates
Some financial companies are using “false certificates” to try dupe potential customers into believing they are licensed, the UAE’s Securities and Commodities Authority (SCA) has warned. In a …
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UAE- Mohammed bin Rashid honours first batch of Artificial Intelligence Programme
The ceremony was attended by H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance; H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and …
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Finablr to spend $200M of IPO money on expansion
The UAE-based company, whose brands include UAE Exchange … announcing its first results on the London Stock Exchange after June 30 this year. Finablr’s IPO price was 175 pence per share, …
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Leadership Spotlight: Standard Chartered CEO is banking on success
For Standard Chartered Bank, the Middle East region is a huge capsulate of capital. We enjoy a history of around 100 years in this region. We’ve started our operations in Bahrain back in 1920 and in …
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Noor Bank partners with ICICI Bank
Noor Bank, a leading Shari’ah-compliant bank in the UAE, has announced a strategic partnership with ICICI Bank Limited, India that allows customers to make instant money transfers to India from …
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UAE- Tricks of the trade learned in a virtual room
(MENAFN – Khaleej Times) The Emirates Institute for Banking and Financial Studies (EIBFS) has launched a first-of-its-kind simulated trading room in the UAE to provide first-hand knowledge of the …
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UAE’s Noor Bank to offer instant money transfers to India
UAE-based Noor Bank has announced a strategic partnership with India’s ICICI Bank to allow customers to make instant money transfers to India from anywhere in the UAE, it was announced on Sunday. …
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UAE bank holiday declared for Eid Al Fitr
Dubai – UAE bank sector holiday for Eid Al Fitr has been announced on Thursday to start on Ramdan 29 and the first three days of Shawwal, work accordingly will resume on the fourth of Shawwal. …
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Dubai Financial Market : Tricks of the trade learned in a virtual room
Through the trading room, the EIBFS will provide cutting-edge and technology-enabled experiential learning, which empowers students to learn trading and portfolio-building skills. (Supplied photo) The …
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Chinese group eyes $10bn industrial investment in UAE
A Chinese conglomerate is exploring a landmark $10bn industrial investment in the United Arab Emirates as the Gulf state seeks to become the leading Middle Eastern partner for China’s Belt and Road …
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