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Tag: banking

Posted on 07/10/2021

Remote work more productive for most UAE employees

Working remotely is more productive for 67.6% of UAE employees, said Poly, a creator of premium audio and video products, in a new report outlining the evolution of the workplace and changing employee …
( read original story …)


Posted on 07/10/2021

UAE: Police warn of phone scammers’ latest tricks

In a new trick, phone scammers have been telling residents that they are among those being honoured by authorities for participating in the recently concluded National Sterilisation Programme, …
( read original story …)


Posted on 07/10/2021

Mashreq Bank appoints Govindaiah as Associate VP to expand India operations

Prior to joining Mashreq he was instrumental in setting up Danske IT, a Danish Captive operation in Bangalore as director group real estate and corporate services. Govindaiah has worked with the firm …
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Posted on 07/10/2021

Dubai: Gold prices drop ahead of US jobs data

Gold prices fell on Thursday as the dollar remained firm and investors were cautious ahead of a US payrolls report that is expected to provide clues on the Federal Reserve’s tapering timeline. Spot …
( read original story …)


Posted on 07/10/2021

‘Intimidating’: Dubai ruler tried to buy 30 million pound estate next to ex-wife

Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum tried to buy one of the most expensive properties for sale in Britain which overlooked his ex-wife’s rural estate, in a “deliberate” act that was …
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Posted on 07/10/2021

Blockchain VC CV VC Begins Dubai Operations

Blockchain venture capitalist CV VC has started its Dubai operations in partnership with DMCC Crypto Centre. CV VC has currently successfully invested in 32 early-stage blockchain startups from around …
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Posted on 06/10/2021

DIFC To Take NFT BAZL Dubai to the Next Level

The latest NFT BAZL exhibition will kickstart Gulf Blockchain Week with a groundbreaking mural at DIFC, NFT-optimized TVs, and smart NFC technology. NFTs are here to stay. That much is clear. Jay-Z …
( read original story …)


Posted on 06/10/2021

Dubai-based Sunset Hospitality could look at future IPO to fund growth

CEO Antonio Gonzalez told Arabian Business the company is looking to open 20 hotels within the next three years …
( read original story …)


Posted on 06/10/2021

UAE central bank issues commemorative coins on Barakah Plant

The Central Bank of the UAE (CBUAE) has issed limited edition commemorative silver coins to mark the inaugural commercial operations of the first Unit of the Barakah Nuclear Energy Plant which …
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Posted on 06/10/2021

Dubai’s biggest bank inks $750m financing deal for Emirates

Landmark’ transaction signed as Dubai airline continues to reopen global network after impact of coronavirus pandemic …
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Posted on 05/10/2021

UAE Central Bank to gather global leaders for exploring future of finance

Central bank governors, industry leaders and heads of financial and technology institutions from around the world will gather in Dubai next week to discuss the future of finance at a conference …
( read original story …)


Posted on 05/10/2021

Adnoc, OCI plan Fertiglobe IPO, list on Abu Dhabi bourse

The Abu Dhabi National Oil Company (Adnoc) and chemical producer OCI plan to sell 13.8 per cent of shares in fertiliser joint venture Fertiglobe through an initial public offering (IPO)on the Abu …
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Posted on 05/10/2021

Upbeat UAE firms set to ramp up hiring

The vibrant bounce back in business activities from lows hit in the peak of the Covid-19 pandemic underpins this optimism and confidence, a new …
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Posted on 05/10/2021

UAE hiring boost as companies expect up to 50% rise in revenue

Companies in the UAE are preparing to ramp up hiring as they expect revenue to surge as much as 50 per cent in the next 12 months amid a strong economic rebound from the pandemic-driven slowdown.
( read original story …)


Posted on 05/10/2021

UAE bank unveils wealth management portal

It will help the group ‘deliver innovative solutions that address the evolving needs of our customers’ #uae #wealthmanagement …
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Posted on 05/10/2021

EFG Hermes serves as joint bookrunner on Adnoc Drilling’s $1.1b IPO on ADX

The IPO saw Adnoc Drilling offer 1.8 billion shares, representing 11% of the shares EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), has announced that its …
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Posted on 05/10/2021

Summit Bank Agrees to Sell 51% Shares to UAE Investor

Summit Bank has agreed to sell at least 51 percent of its voting shares to a UAE-based investor at Rs. 2.51 per share. According to a notice sent to the Pakistan Stock Exchange, Summit Bank received …
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