Tag: banking

These measures include extending the payment holidays and pricing discounts on existing and new finance and covered card products in accordance with the Central Bank of the UAE’s Targeted Economic …
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Global Venture’s Noor Sweid recently spoke to Worth about how emerging markets are tackling the issue of health care inclusion and what the future of health will look like as we emerge from the …
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A hedge-fund founder at the center of a Danish cum-ex probe says he’s worried that he won’t be able to pay his lawyers in the $2 billion case after he had his $20 million London home frozen.
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Rating agency Moody’s changed its outlook to negative from stable for eight banks in the United Arab Emirates amid the coronavirus outbreak, it said on Friday. The eight banks are Emirates NBD, Abu …
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The UAE and Dubai governments have successfully … Whether visiting the barber, going to fish markets, shopping at malls, carrying out banking transactions, going back to office or simply …
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(MENAFN – Khaleej Times) Sharjah Islamic Bank (SIB) has priced a $500 million 5-year long sukuk, with a profit rate of 2.85 per cent per annum, fetching it an A- rating by S & P. Some of the other …
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But these deals should inspire more confidence among other UAE banks with sound fundamentals to tap the sukuk market. Abu Dhabi’s FAB has just issued a 5-year 1.4 billion Chinese yuan bond, for which …
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It guarantees the supplier their dues even if the bank customer defaults. While there are several products available in the market, UAE-based Finance House has now launched the Al Rabeh Guarantee …
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Central Bank’s Targeted Economic Support Scheme helps individuals, SMEs and other private businesses impacted by Covid-19 …
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Banks believe a way in which future collaboration can be fostered is by ‘standardizing best practices’ across the industry …
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The Ministry of Finance continues to enhance its services and implement best practices in digital transformation. This is in line with the ministry’s strategic vision to be the leading government …
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UAE Minister of State for Foreign Affairs Gargash Addresses AJC Virtual Global Forum PR Newswire NEW YORK, June 16, 2020 NEW YORK, June 16, 2020 /PRNewswire/ — UAE Minister of State for Foreign …
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A large proportion of UAE employees are very positive about how their employer … The figures are noticeably higher among employees working in the ‘Banking & Finance’ sector (73%). Advertising/ …
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UAE horse Motakhayyel became the first winner of this year’s renewal of the prestigious Royal Ascot horse racing festival, by clinching the Buckingham Palace Handicap on Tuesday. The four-year-old …
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The energy minister of the United Arab Emirates said on Monday he was confident OPEC+ countries with poor compliance to agreed cuts would meet their commitments and said there were signs that oil …
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Italian filter maker GVS is expected to price its initial public offering (IPO) in the upper half of the range …
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When an investment firm (asset manager) plans to launch a new fund, it offers the public a chance to be the first to take part in the cash pool by investing in what is termed as a ‘new fund offer’, or …
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