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Tag: banking

Posted on 15/09/2021

United Arab Emirates Gift Card and Incentive Card Market Intelligence Report 2021, Q2 Update

The “United Arab Emirates Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) – Market Size and Forecast (2016-2025) – Q2 2021 Update” report has been added to …
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Posted on 15/09/2021

UAE and Israel non-oil trade hits $700m in one year since normalisation of ties

The non-oil trade between the UAE and Israel has reached $700 million in one year after the two countries normalised relations following the signing of the Abraham Accords in 2020, according to the …
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Posted on 15/09/2021

Mobile Premier League turns unicorn after Series E funding round led by Dubai’s Legatum

Mobile Premier League (MPL) said on Wednesday that it has raised Series E funding at a pre-money valuation of $2.3 billion (Rs …
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Posted on 15/09/2021

ADNOC Drilling IPO values company at $10 billion

The Abu Dhabi National Oil Company (ADNOC) today announces that it has set the offer price per share for the initial public offering of ADNOC Drilling. ADNOC Drilling IPO values company at $10 billion …
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Posted on 15/09/2021

UAE tags six Nigerians, others as Boko Haram, terrorism financiers

Authorities in the United Arab Emirates (UAE) have named six Nigerians with ties to Boko Haram as terrorist financiers.
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Posted on 15/09/2021

UAE’s Mashreq Bank signs MoU with DAFZA to boost SME growth

DAFZA companies will also be given priority access to digital banking services through Mashreq’s NEOBiz platform, where they will be able to open instant accounts.
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Posted on 15/09/2021

Six Nigerians, 32 others financing terrorism – UAE govt

Nigerians on the UAE’s terrorism list include Abdurrahaman Ado Musa, Salihu Yusuf Adamu, Bashir Ali Yusuf, Muhammed Ibrahim Isa, Ibrahim Ali Alhassan and Surajo Abubakar Muhammad.The six persons were …
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Posted on 15/09/2021

Six Nigerians, 32 others financing terrorism, says UAE

The UAE Cabinet on Monday issued Resolution No 83 of 2021, designating a total of 38 individuals and 15 entities on its approved list of persons and organisations supporting Boko Haram and other …
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Posted on 15/09/2021

9mobile distances director from UAE terrorism financiers’ list

The authorities of 9mobile say that one Abdurrahaman Ado Musa on the UAE list of terrorism financiers is not a director of the mobile telecommunications company. The company, in a statement in Lagos, …
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Posted on 15/09/2021

Full list: UAE names six Nigerians, 47 others as ‘terrorism sponsors’

The UAE Cabinet has issued Resolution No 83 of 2021, designating 38 individuals and 15 entities on its approved list of persons and organisations supporting terrorism (Local Terrorist List). “The …
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Posted on 14/09/2021

UAE’s employees could be in for 4% salary hike in 2022 as pandemic effects wear off

Dubai: UAE employers plan to give staff an average annual pay rise of 4 per cent in 2022 as signs emerge of a recovery in the labor market following the turmoil from the pandemic over the last 19 …
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Posted on 14/09/2021

Our Executive Director Mistaken For Terror Financier On UAE List – 9Mobile

Telecommunications company, 9Mobile, has denied involvement of one of its executive directors with terrorism. This came after the United Arab Emirates …
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Posted on 14/09/2021

Amazon Prime Members in Saudi Arabia and the UAE Can Now Enjoy an Exclusive Offer of 6 Months of Anghami Plus For Free

Amazon & Anghami Photo 1 Millions of songs and podcasts, unlimited downloads, and more, from the region’s leading music streaming service, will now be available to Amazon Prime members in Saudi Arabia …
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Posted on 14/09/2021

Standard Chartered’s first green trade finance facility inaugurated in the UAE

The company is a subsidiary of Amplus Solar, and the capital generation programme will help the firm with the implementation of sustainable practices across ecosystems, as well as building more resili …
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Posted on 14/09/2021

UAE businesses plan 4% pay rise for staff in 2022

Employers in the UAE plan to give their staff an average annual pay rise of four per cent in 2022, amidst signs of strength in the labour market following the turmoil of the global pandemic, according …
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Posted on 14/09/2021

Mashreq offers instant bank accounts for DAFZA companies

Using the platform, companies will be able to open instant accounts with the help of a dedicated Mashreq relationship manager. The agreement also provides DAFZA SMEs (small and me …
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Posted on 14/09/2021

Jobs for UAE Nationals: UAE’s private sector businesses must learn how to catch them young

It’s the target the UAE Government has set for country’s private sector when it comes to hiring UAE nationals – and for many business owners, the process starts right now. Because the creation of …
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