Tag: banking

The average time spent opening a bank account could be reduced to five days if documentation processes are simplified …
( read original story …)

---

Commercial Bank of Dubai, one of the leading national banks in the UAE, and global cross-border payment provider Thunes announced a partnership that will facilitate real-time cross-border transaction …
( read original story …)

---

This follows the launch of Hub71’s whitepaper which explored the challenges that startups face when opening a UAE bank account. The whitepaper, titled: Rethinking Banking for Startups aims to foster …
( read original story …)

---

When living in uncertain times and staying at home remains our best option, it is vital one adapts to the online way of working your finances. Although we currently live in a pandemic-struck period, …
( read original story …)

---

PD, Dubai Firstly, when my final salary payment hits my account, will the bank freeze my account? Will this in turn make it difficult for me to travel as I won’t be able to clear the rest of the …
( read original story …)

---

ABU DHABI, 23rd June, 2020 (WAM) — The Abu Dhabi National Oil Company, ADNOC, announced today that it has entered into an agreement with some of the world’s leading infrastructure investors and …
( read original story …)

---

In CFA’s survey, most finance professionals suggest that liquidity is a problem for many companies in the UAE at the moment, with 42 percent of the respondents saying they believe liquidity is down …
( read original story …)

---

For UAE expats, the maximum amount one can get is either Dh1 million or 20 times of monthly salary, whichever is lower. Image Credit: Shutterstock Why a personal loan can be an attractive fund option …
( read original story …)

---

DUBAI, UAE 22ND June, 2020 Cairo Amman Bank PLC. (CAB), is a public limited company located in Jordan, Palestine and Bahrain. Ever since its establishment in 1960, the Bank has been providing an …
( read original story …)

---

UAE shoppers are ditching the cash in favour of contactless payments through the Covid-19 crisis, according to the results of a survey from Dubai Police, Dubai Economy and Visa. Sixty-eight percent of …
( read original story …)

---

Against that background the recent announcement by Amlak International, the Saudi real estate finance group, that it would list 30 percent of its equity on Tadawul, is a vote of confidence in the …
( read original story …)

---

UAE – Mubasher: Bank deposits in the UAE rose by 2.1% or AED 37.1 billion to AED 1.865 trillion from March to May, compared to AED 1.828 trillion in February. The resident deposits increased by 2.7% …
( read original story …)

---

A report endorsed by MetLife Foundation identifies the six types of innovation with the greatest potential to improve the financial wellbeing and inclusion of marginalised communities in MENA. The …
( read original story …)

---

Issue price was $25 per share, yet the company started its trading on the Nasdaq Stock Market with the price of $27 per share.
( read original story …)

---

On 12 March 2020, Dubai Government launched an AED 1.5 billion economic stimulus … incentives in coordination with local banks and the emirate’s departments of Finance and Economic Development. The …
( read original story …)

---

UAE’s federal export credit company … partner with Islamic banks and exporters in projects that require export financing, structured trade finance, project finance, as well as supply chain finance.
( read original story …)

---

The company and its financial advisor for the listing, NCB Capital, also announced on Sunday that the book-building process for the initial public offering (IPO) will start on June 22 and close on …
( read original story …)

---