Tag: banking

General elections started in Myanmar on Sunday even as the country saw coronavirus cases rise to 1,100 per day, after reporting only a handful in August. In the country’s second democratic vote since …
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Ripple, the enterprise blockchain solution for global payments, has established its regional headquarters at Dubai International Financial Centre (DIFC) …
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The United Arab Emirates reported 1,111 new coronavirus cases on Sunday – its lowest number of infections since Tuesday – and no new COVID-19 related deaths. The country conducted 154,882 tests and …
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Abu Dhabi: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, today announced that it has launched ADIB Chat Banking, the UAE’s first Emirati customer care chatbot. The service is …
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Dubai Cassation Court has ordered a local bank to pay Dh5.5 million to a customer whose account balance was seized by a bank employee in connivance with another defendant. The court was told that the …
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Ripple, the enterprise blockchain solution for global payments, has established its regional headquarters in Dubai International Financial Centre (DIFC), the latter announced. Ripple has chosen DIFC …
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It’s a playground for the world’s rich and dubious – like the Guptas – where global corruption is the game, but Dubai’s days of impunity may be numbered.
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The UAE government outlined the changes in greater detail in state … As part of the agreement, Israel agreed to suspend plans to annex territory in the West Bank that was outlined in President Trump …
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Ripple has chosen DIFC for its innovative regulations, expansive network and reputation as a leading global financial centre. Ripple and DIFC are aligned in their vision to shape the future of finance …
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Central bank of the UAE releases updated regulatory guidelines for digital payments or stored value facilities.
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Dubai: Dubai Islamic Bank (DIB) announced on Monday the completion of incorporating Noor Bank following the merger of the two banks and transfer of all banking relationships into DIB.The …
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A new digital bank will make its entry in Abu Dhabi, sending a strong message to brick and mortar financial institutions that winds of change are coming. First Abu Dhabi Bank (FAB), the UAE’s largest …
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In the past nine months, 71 per cent of consumers in the UAE reported an increase in using digital payments, even when shopping in-store. The fintech industry is poised to benefit from the virtual …
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UAE – The Central Bank of the UAE said on Thursday its wide-ranging stimulus package, the Targeted Economic Support Scheme (Tess), had directly impacted to date more than 321,000 beneficiaries …
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Dubai: Launching a freehold project in Dubai is becoming tougher for private developers as they are now required to put up 50 per cent of the project value in the form of equity bank guarantees. The …
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Net investment by the federal government and local governments in non-financial assets rose to Dhs32.2 billion in the first half of 2020, an increase of 40 per cent as compared with same period in …
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The Central Bank of the UAE said on Thursday its wide-ranging stimulus package, the Targeted Economic Support Scheme (Tess), had directly impacted to date more than 321,000 beneficiaries including 310 …
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