Tag: banking

The United Arab Emirates’ biggest lender may have to raise its bid to take a controlling stake in Egypt’s top investment bank EFG Hermes given the latter’s outsized influence over Egypt’s financial …
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Banks in the UAE will return to pre-pandemic levels of profitability in the next 12-18 months on the back of stronger net interest income and increasing business momentum, as the economy rebounds from …
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DUBAI — The United Arab Emirates’ biggest lender may have to raise its bid to take a controlling stake in Egypt’s top investment bank EFG Hermes given the latter’s outsized influence over Egypt’s …
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This is why analysts note that the uncertainty related to the current account and the geopolitical tension will exert pressure on the rupee in the coming week. The crisis had brou …
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First Abu Dhabi Bank, the UAE’s largest lender by assets, signed an agreement to sell 60 per cent stake in its payments business Magnati to New York-listed Brookfield Business Partners, valuing the …
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Dr Anwar Gargash, diplomatic adviser to the UAE President Sheikh Khalifa bin Zayed Al Nahyan … excluding Russian lenders from the SWIFT bank messaging system targeting the central bank’s foreign …
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The First Abu Dhabi Bank has sold a 60 per cent stake in its payments processing business Magnati, selling it to Brookfield Business Partners and its institutional partners. The transaction provides …
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Provided by The National The UAE had reported a 27 per cent jump in non-oil trade in the first half of 2021 to Dh900 billion. Photo: Pawan Singh / The National . The UAE’s non- …
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Rising interest rates and higher loan demand to boost loan yeild Dubai: A combination of factors ranging from rapid recovery in economic growth supported by rising oil prices, pick up in loan growth, …
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Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs inaugurated an event organised by the Ministry of Finance (MoF) as part of its participation in the UAE Innovation Month 2022, …
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DUBAI, 24th February … during an hour-long session about cryptocurrencies and the future of digital finance. In his presentation, Zhao hailed the Museum of the Future; Dubai’s latest …
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DUBAI, Feb 22 (Reuters) – Dubai Electricity & Water Authority (DEWA) expects to launch its initial public offering next month, with a listing on the Dubai Financial Market likely to be in April, …
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Faisal Alhamer has been a key player in the UAE financial sector, and he is ready to do more for the Arab regionOver the past years, many countries in the …
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DUBAI (Reuters) – Afghanistan is inching closer towards economic collapse six months after the Taliban seized power, the Red Cross said on Friday, with a paralysed banking system stymieing …
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If these sanctions are not lifted, it is as if there were no talks: Ayatollah Khatami Dubai: A senior Iranian cleric said on Friday ending Irans economic isolation by lifting banking and oil trade …
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Cinema and the Metaverse come together in Gargash and PwC initiative Dubai: Dubai’s first ‘cineverse … SEC Saga” and “El Salvador vs. World Bank’. The premiere, however, was different …
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RM118.8 Million Net Profit and 10.5 sen dividend declared – highest since becoming an investment bank KEY HIGH …
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