The announcement was made on the sidelines of the Dubai International PPP Conference. Dubai Department of Finance unveils PPP projects worth $6.8bn. Business, construction, Dubai Department of Finance …
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Retail group Marka declared bankrupt by Dubai court in landmark judgement
Dubai court issues strict limits on Marka’s former board of directors Dubai: The UAE retail and leisure company, Marka, has been declared bankrupt by a local court and all of its its assets brought …
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Over 50pct of UAE clients want to change banks
A statement by management consultancy Boston Consulting Group presents, around 55 percent of UAE populaces polled in a study reported they would have …
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Biggest Saudi IPO Since Aramco Jumps 30% on Trading Debut
ACWA Power International surged on debut in Riyadh after raising more than $1.2 billion in the biggest Saudi Arabian listing since Aramco. The stock jumped by the 30% daily limit to 72.80 riyals on …
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Saudi ACWA Power International shares jump 30% over listing price in debut
Shares in Saudi Arabian renewable energy utility ACWA Power International jumped 30% on their market debut on Monday after a $1.2 billion IPO, the kingdom’s biggest since Saudi Aramco’s massive public …
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Dubai’s Department of Finance announces $6.8bn worth of new PPP projects
More than $6.8bn of public-private partnership (PPP) projects have been announced by the Government of Dubai’s Department of Finance (DoF). The projects will foster new partnerships between the …
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UAE’s DEWA attracts investments of Dh40bn using IPWP model
DEWA has attracted investments of around AED 40 billion through this model, which enhances the partnership between the public and private sectors. . UAE’s DEWA attracts investments of Dh40bn using …
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Emiratisation: Dubai Islamic Bank Proud To Be Creating A New Generation Of Leaders
Dubai Islamic Bank (DIB), the UAE’s largest Islamic Bank, has made great strides in achieving its Emiratization agenda playing a key role in overcoming …
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UAE’s Shuaa Capital invest in SkyCell; Swiss manufacturer raises $35M
Funding from DisruptAD, SHUAA Capital, and China-based family office consolidates SkyCell’s position in strategically important Middle and Far East regions, and sets stage for new phase of growth …
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Dubai’s Department of Finance announces new PPP projects worth Dhs25bn
On Sunday, the Government of Dubai’s Department of Finance (DoF) announced a new public-private partnership (PPP) project portfolio worth over Dhs25bn across several vital sectors. It includes more …
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Dubai announces new PPP projects worth $6.8bn
The Government of Dubai’s Department of Finance (DoF) has announced a large portfolio of projects worth more than AED25 billion ($6.8 billion) under the public-private partnership (PPP) project …
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Taliban transfers USD 18 million seized from previous govt officials to Afghan Finance Ministry
The Taliban said that they transferred nearly USD 18 million from the central bank of Afghanistan-Da Afghanistan Bank- to the Ministry of Finance on Sunday, reported local media.
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Public-private projects worth Dh25 billion announced in Dubai
Projects worth Dh25 billion ($6.81 billion) will be built using both public and private money, under plans announced by Dubai’s government on Sunday. Sheikh Maktoum bin Mohammed, Deputy Ruler, Deputy …
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Over half of UAE customers are willing to leave their current bank, survey reveals
High interest rates, unmet needs, and poor customer service were cited as the top reasons driving the switch, according to the new BCG survey …
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UAE customers seek ‘superb digital experiences’ when choosing banks
UAE banks are also ranked ahead of international peers and there is a strong appetite for digital banks nationwide, according to BCG. UAE customers seek ‘superb digital experiences’ when choosing …
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UAE: When can a bank shut a customer’s account without prior notice?
Banks in the UAE need to inform customers in writing at least 60 days in advance if they intend to close an account …
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UAE: 4 jailed for forging govt documents to obtain Schengen visa
The Dubai Criminal Court has sentenced four Asians to a six-month jail term, followed by deportation, on charges of forging their UAE entry visa, ba …
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