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Tag: banking

Posted on 24/09/2021

India, UAE discuss strong economic, commercial engagement

Dr Thani Bin Ahmed Al Zeyoudi Minister of State MoS for Foreign Trade UAE on Thursday called on Union Finance Minister Nirmala Sitharaman the Ministry of …
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Posted on 24/09/2021

Sitharaman meets UAE minister to discuss economic, commercial ties

Both sides discussed the strong economic and commercial engagement between the India-UAE and the comprehensive strategic partnership which is driving the multifaceted bilateral relations, according to …
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Posted on 23/09/2021

Realty developer CASAGRAND plans for Rs 1000 cr IPO

The company plans to strengthen its presence in Bangalore and enter the Hyderabad market with an initial investment of Rs 1500 crore. These two markets will contribute 35 per cent, while Chennai will …
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Posted on 23/09/2021

UAE Minister Dr. Thani Bin Ahmed Al Zeyoudi meets FM Nirmala Sitharaman to discuss economic, commercial ties between India & UAE

Minister of State for Foreign Trade of United Arab Emirates  Dr. Thani Bin Ahmed Al Zeyoudi called on Finance Minister Nirmala Sitharaman in New Delhi today. Both leaders discussed the strong economic …
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Posted on 23/09/2021

We will have no further trade negotiations after signing the first draft in 6 months: UAE minister

We launched negotiations for the CEPA. We have set a short timeline to finalise this agreement basically because we do share the view that trade is a catalyst for economic development, says UAE Minist …
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Posted on 23/09/2021

UAE central bank starts gradual curb of COVID-19 stimulus measures

The United Arab Emirates central bank (CBUAE) said on Thursday it was starting to gradually withdraw stimulus measures introduced last year to mitigate the economic impact of the COVID-19 pandemic.
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Posted on 23/09/2021

UAE Central Bank committed to economic recovery, says Governor

The Governor informed that the regulator will continue to closely supervise banks’ asset quality and the adequacy of provisioning. “Our assessment, confirmed by recent economic data, affirms the UAE …
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Posted on 23/09/2021

UAE Central Bank is committed to recovery and a gradual withdrawal of support measures

Provided by The National The Central Bank of the UAE is is starting a gradual withdrawal of its Targeted Economic Support Scheme support measures. The Central Bank of the Unite …
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Posted on 23/09/2021

Cryptocurrency market cap up 86% this year; hits $1.4trn

The UAE is poised to be a global hub for cryptocurrency as market capitalisation hit $1.4 trillion, up 86% year to date, said experts ahead of the AIM Summit running from October 11– 12 in Dubai, UAE.
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Posted on 23/09/2021

UAE: Credit card bills paid in 2019, but no clearance letter, bank charges Dh46,000 plus

Bank offers amicable solution after Gulf News’ intervention …
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Posted on 23/09/2021

Money & Me: ‘I left a stable job because I wanted financial freedom’

I was born in Hyderabad, India, and moved to the US when I was three. I come from a fairly upper middle class Indian family where education, career and travel are huge priorities. My mum’s a single …
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Posted on 23/09/2021

Allianz speeds up succession planning in light of Structured Alpha lawsuits

The logo of insurer Allianz SE is seen on the company building in Puteaux at the financial and business district of La Defense near Paris, outside Paris, France, May 14, 2018. REUTERS/Cha …
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Posted on 23/09/2021

UAE, India aim to double trade to $100bn in five years

The UAE and India are seeking to more than double non-oil trade to at least $100bn over five years as the Gulf Arab state works to deepen ties with fast-growing economies beyond the Middle East. The …
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Posted on 23/09/2021

Emirates NBD And Emirates Islamic Unveil ‘Future Banking’ At Expo 2020 Dubai

Emirates NBD Group, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region and a Premier Partner and the Official Banking Pa …
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Posted on 23/09/2021

Adnoc boosts size of drilling unit’s IPO to $1.1 billion due to heavy demand

The Abu Dhabi National Oil Company (Adnoc) said on Wednesday that it was increasing the size of its drilling unit’s initial public offering to cope with heavy demand for shares. The state oil company …
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Posted on 22/09/2021

Central Bank of UAE projects 4.2% GDP growth in 2022

The Central Bank of UAE has projected the UAE GDP growth at 2.1 per cent for 2021 and 4.2 per cent for 2022 in its Quarterly Economic Review for the second quarter of 2022.The subdued growth forecast …
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Posted on 22/09/2021

UAE economy to grow 2.1% this year, central bank says

The United Arab Emirates’ economy will grow 2.1% this year and 4.2% in 2022, the central bank said on Wednesday, as the Gulf state rebounds from the coronavirus downturn.
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