United Arab Emirates (UAE) and Israel have signed four agreements during the first high-level visit from the Gulf state to Tel Aviv since the two countries establish official ties last month. Emirati …
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Abraham Fund puts ‘well-being of people first, regardless of creed’
The UAE and Bahrain are only the third and fourth Arab states to make peace with Israel, following Egypt in 1979 and Jordan in 1994.
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UPDATE 1-Dubai wealth fund expected to sell $500 mln in long 5-yr bonds
DUBAI, Oct 21 (Reuters) – Investment Corporation of Dubai (ICD), the Dubai government’s main investment arm, is expected to sell $500 million in long five-year bonds at 275 basis points over mid-swaps …
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CureLab Oncology Establishes Operations in the Gulf Region
IPO biotech company, has commenced operations in the GCC region (Saudi Arabia, Kuwait, the UAE, Qatar, Bahrain, and Oman). CureLab’s partners in the region will test the efficacy of the company’s …
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Yalla Group Limited Announces Partial Exercise of Over-Allotment Option in Initial Public Offering
PRNewswire/ — Yalla Group Limited (“Yalla” or the “Company”) (NYSE: YALA), the leading voice-centric social networking and entertainment platform in …
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Israel, UAE agree on visa-free travel for nationals: Netanyahu
The visa exemption was announced by Israeli Prime Minister Benjamin Netanyahu after the first-ever official UAE delegation landed in Israel on Tuesday.
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Stage set for Abu Dhabi’s brand new Dh2 billion digital bank from ADQ
and preferential access to another 10 per cent of the shares in the event of an initial public offering (IPO). In Dubai, legacy banks have launched digital-only brands, and take-up rates have been …
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Israel, UAE sign four agreements including visa-exemption deal
UAE and Israel sign four agreements on visa exemption, aviation, economic cooperation and protection of investments.
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Israel, UAE, US launch joint regional investment fund
Israel, the United Arab Emirates (UAE) and US announced on Tuesday the establishment of a development fund during the first-ever visit of an Emirati delegation to Tel Aviv. The Abraham Fund, derived …
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UAE, US, Israel announce establishment of Abraham Fund
Through this fund, the UAE, the US International Development Finance Corporation, and Israel will mobilise more than $3 billion in investment. The United Arab Emirates, the United States of America, …
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8 types of fraud to watch out for in the UAE
Earlier this year, the UAE Banks Federation (UBF), Central Bank of the UAE (CBUAE), and Abu Dhabi and Dubai Police joined forces to launch the country’s first large-scale national fraud …
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New UAE wealth management law a welcome game changer
I began with a small rented office overlooking Dubai Creek that permanently reeked of fish … although I have toyed with the idea of launching an IPO on several occasions, I have never gone through …
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ADIB launches virtual banking sales platform in the UAE
Abu Dhabi Islamic Bank (ADIB) announced the launch of its remote sales platform which will enable customers to converse with the bank.
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Commercial Bank of Dubai, NOW Money ink partnership
UAE – Commercial Bank of Dubai (CBD) has signed a partnership agreement with NOW Money, the digital account service, to provide accounts and cards targeted specifically at low-income customers. Dr …
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UPDATE 1-Investment Corporation of Dubai hires banks for dollar bonds
ICD, which as of the end of last year had total assets worth around $305 billion, owns stakes in Emirates airline and Dubai’s biggest bank, Emirates NBD. The planned fixed rate, long five-year senior …
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Abu Dhabi Islamic Bank launches UAE’s first virtual banking sales platform
Abu Dhabi Islamic Bank (ADIB) has launched a remote sales platform allowing customers to converse with the bank and apply for personal finance, covered cards, takaful, and other banking products …
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Commercial Bank of Dubai to partner with NOW Money to provide financial inclusion across The UAE
Money will open accounts for existing CBD low-income customers (previously known as Rateb customers) with immediate effect, allowing these customers to benefit from a frictionless digital experience a …
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