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Tag: banking

Posted on 28/12/2021

Now you can bank in the UAE using Amazon Alexa

Emirates NBD, Dubai’s largest bank, has announced it is offering voice banking with Amazon Alexa in the UAE following its launch in the region. Now you can bank in the UAE using Amazon Alexa Amazon, …
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Posted on 28/12/2021

Saudi’s SISCO, Amiantit consider IPO of subsidiary Tawzea at 15-30% stake, says CEO

RIYADH: Saudi Industrial Services Co., SISCO, along with its partner Amiantit are considering offering a 15 to 30 percent stake in an initial public offering of their subsidiary, the International …
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Posted on 28/12/2021

Profitable Saas firm Capillary Technologies files for IPO: Key things to know

Capillary Technologies IPO consists of a fresh issue of equity shares aggregating to ₹200 crore and an offer-for-sale of ₹650 crore …
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Posted on 28/12/2021

Commercial Bank of Dubai to Debut NFT Art Show

The Commercial Bank of Dubai is hosting an NFT art exhibition in Dubai International Financial Centre in partnership with UAE-based NFT artist Amrita Sethi.
( read original story …)


Posted on 27/12/2021

UAE Central Bank: Some cheque bounce cases will remain criminal offences

Despite the decriminalisation of bounced cheques, some cases will be retained as crimes to achieve the desired objectives of decriminalisation and its replacement by some civil me …
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Posted on 27/12/2021

Emirates NBD joins UAE Trade Finance Gateway project led by ECI

Etihad Credit Insurance (ECI) has signed an MoU with Emirates NBD and Crediti Fintech, for the implementation of the ‘UAE Trade Finance Gateway’. The receivables financing marketplace is designed to …
( read original story …)


Posted on 27/12/2021

Capillary Technologies files papers to float Rs 850-crore IPO

Capillary Tech has filed draft papers with SEBI to raise Rs 850 crore through an IPO. Capillary Technologies (India) has filed papers with market regulator SEBI to raise Rs 850 crore through an …
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Posted on 27/12/2021

Emirates NBD joins UAE Trade Finance Gateway project led by ECI to ease liquidity access for businesses

DUBAI, UNITED ARAB EMIRATES, December 27, 2021/ EINPresswire.com/– Etihad Credit Insurance, the UAE Federal export credit company, has signed an MoU with Emirates NBD, Dubai’ s largest bank and one …
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Posted on 27/12/2021

Ajman Bank, EDB sign MoU on credit guarantee for SMEs

Ajman Bank has signed an agreement with the Emirates Development Bank (EDB) to offer credit guarantee and co-lending for small and medium-sized enterprises (SMEs) in the UAE. The memorandum of …
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Posted on 27/12/2021

UAE – Ajman Bank, Emirates Development Bank sign MoU on credit guarantee for SMEs

Ajman Bank has signed a memorandum of understanding (MoU) with the Emirates Development Bank (EDB) to offer credit guarantee and co-lending for small and medium-sized enterprises (SMEs) in the UAE.
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Posted on 26/12/2021

Aster Healthcare: Moopen plans to demerge Gulf ops, focus on India

Dubai-based Aster DM Healthcare is increasing its focus on India with a target of netting half of the revenue from here over the next five years and plans to hive off its GCC operations into a …
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Posted on 26/12/2021

Dubai wife cleared of hacking husband’s email to obtain his bank statement

Dubai: A Dubai-based wife was cleared of hacking her husband’s email for obtaining his bank statement to use in their divorce case. According to the Dubai Court of Appeal, the 27-year-old woman had …
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Posted on 26/12/2021

Emirates NBD Joins UAE Trade Finance Gateway Project Led by Etihad Credit Insurance To Ease Liquidity Access for Businesses

Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed an MoU with Emirates NBD, Dubai’s largest bank and one of the leading b …
( read original story …)


Posted on 26/12/2021

Indian loan defaulters who fled UAE to find going tough in 2022

Indian borrowers who defaulted on their loan repayment commitments in the UAE and fled the country between 2015 and 2021 will find it hard to escape the long arm of law and or loan recovery agents in …
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Posted on 26/12/2021

UAE FTA calls on registrants to redetermine penalties

The UAE’s Federal Tax Authority (FTA) has called on tax registrants to benefit from the redetermination of administrative penalties to be equal to 30 percent of the total unpaid penalties. The FTA …
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Posted on 26/12/2021

UAE – Ajman’s Department of Finance bags ‘Most Innovative Digital Initiative in Finance 2021’ by Global Business Outlook

Ajman’s Department of Finance has been awarded the ‘Most Innovative Digital Initiative in Finance 2021’, for its digital wallet and contributions in supporting digital transformation by Global …
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Posted on 25/12/2021

The Potential of Islamic Finance to SMEs Products Made by Disabilities Community Attracts Investors’ Attention in Dubai

Dr. Sutan Emir Hidayat, Director of Islamic Economy Infrastructure Ecosystem brings sharia economy topics in business forum at Indonesia Pavilio …
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