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Tag: banking

Posted on 10/10/2021

UAE recovery on firm footing, says World Bank report

The UAE’s economy is showing signs of recovery in 2021 driven by a successful vaccination programme and a reduction in Opec+ oil production cuts, said a new report.”Over the medium term, the recovery …
( read original story …)


Posted on 09/10/2021

Blinken to meet Israeli, UAE counterparts next week

U.S. Secretary of State Antony Blinken will meet with his Israeli and United Arab Emirates counterparts next week to discuss progress made on the so-called Abraham Accords as well regional security, …
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Posted on 09/10/2021

Abu Dhabi Sustainability Week Opening Ceremony and Zayed Sustainability Prize Awards Ceremony will take place at Expo 2020 Dubai

Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, has today announced a new collaboration, which will bring elements of the Week to …
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Posted on 09/10/2021

UAE economy to grow faster at 4.6% in 2022: World Bank

The UAE’s economy is showing signs of recovery in 2021 driven by a successful vaccination programme and a reduction in Opec+ oil production cuts, said a new report.”Over the medium term, the recovery …
( read original story …)


Posted on 09/10/2021

UK fintech expands to Dubai, targets rise in foreign real estate investments

Cornerstone, the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, has opened an office in Dubai …
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Posted on 09/10/2021

What to expect from the third quarter financial results of UAE banks

Dubai: UAE banks will declare their third quarter results staring next week, Assets, credit and deposit growth in the UAE’s banking sector in the second quarter of 2021 pointed sustained recovery of …
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Posted on 09/10/2021

UAE announces Net Zero by 2050 strategic initiative

The United Arab Emirates today announced the UAE Net Zero by 2050 Strategic Initiative, a national drive to achieve net-zero emissions by 2050, maki …
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Posted on 09/10/2021

Icecap Announces Six Luxurious Jewelry Pieces for NFT BAZL Dubai

Icecap, LLC, the first company to offer investment-grade diamonds via NFT technology, announced that it will provide six valuable gem and jewelry pieces to the upcoming NFT BAZL in Dubai. The event is …
( read original story …)


Posted on 09/10/2021

UAE issues first sovereign bonds

The UAE, the Arab world’s second-largest economy, issued multi-tranche sovereign bonds for the first time as a federation as the country looks to raise fresh funding amid low interest rates globally.
( read original story …)


Posted on 08/10/2021

MobiKwik’s Rs 1,900 cr IPO gets greenlight from regulator

Digital payments firm MobiKwik, which had filed its draft papers for an initial public offering worth Rs 1,900 crore in July, …
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Posted on 08/10/2021

Dubai health insurance partnership

UAE insurance company Noor Takaful has launched a health insurance product incorporating medical travel. Read the full article.
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Posted on 08/10/2021

UAE aims at net-zero emissions by 2050

The UAE Net Zero by 2050 Strategic Initiative seeks to underpin the nation’s dynamic economic growth alongside positive environmental impact …
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Posted on 08/10/2021

UAE $4bn debut advances Gulf bond markets

The United Arab Emirates sold its first ever bond as a federal entity this week, impressing bankers and investors alike with a $4bn outing across three tranches. By entering the market as a new, large …
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Posted on 07/10/2021

UAE Cement Market 2021 and the Impact of the COVID-19 Pandemic

The “UAE Cement Market – April 2021” report has been added to ResearchAndMarkets.com’s offering. Prior to the COVID-19 hit, the construction activity within the UAE, more specifically Dubai, was …
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Posted on 07/10/2021

UAE Sets 2050 Net-Zero Goal, First Among Major Gulf Petrostates

The United Arab Emirates has become the first of the Persian Gulf’s petrostates to commit to eliminating planet-warming emissions within its borders.Most Read from BloombergLeft-Wing Rage Threatens a …
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Posted on 07/10/2021

Dubai: This expat once paid Dh2,000 annual rent for a villa

“And in 1968, my mother and us (seven siblings) landed in the UAE after taking a train from Lahore to Karachi and then flying with PIA from Karachi to Dubai.” Rana and his family stayed in Cola colony …
( read original story …)


Posted on 07/10/2021

UAE issues first ever sovereign bonds

The UAE, the Arab world’s second-largest economy, issued multi-tranche sovereign bonds for the first time as a federation as the country looks to raise fresh funding amid low interest rates globally.
( read original story …)


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