Tag: banking

Courts have ruled in favor of Dubai Islamic Bank (DIB) and against the administrators of NMC Healthcare. DIB has welcomed the judgment which accepted its request that the ADGM Courts has no …
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Technology adoption, consolidation and cost saving measures resulted in lesser branches Dubai: The UAE banking sector witnessed a sharp decline in number of branches over the past one year, thanks to …
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THE cryptocurrency market continued to slump this morning with Bitcoin, Ethereum and a whole host of major currencies losing values. One brand new entry defied the slump, however, with DubaiCoin …
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FinTechs are fueling the 700 percent IPO growth rate, the crypto industry faces volatile times, and Amazon and Google look to create bigger ecosystems.
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Dubai’s Wealth management companies and investment firms need to deliver a positive customer experience now more than ever.
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Crypto at a Glance Greetings from Dubai and today, once again,  Luno Advisor Mati Greenspan, has kindly provided the market …
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The UAE has offered to mediate between Israel and Palestine, and behind the scenes are billions in potential deals.
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DUBAI: A British pharmaceutical company set to launch a primary initial public offering (IPO) on the London Stock Exchange later this year is aiming to follow up with a dual listing on the Saudi Stock …
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The foreign assets held by the Central Bank of the UAE has increased to AED392.4 billion by the end of Q1, up 1.1 per cent over the previous quarter, according to a report by CBUAE. The apex bank …
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Oman Arab Bank was set to raise $250 million on Thursday in its first foray in the international debt markets with an Additional Tier 1 perpetual bond issue, a document showed.
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SINGAPORE- Middle East crude benchmarks Oman and Dubai fell on Thursday as trading activity for the July-loading cycle slowed near month-end. India’s IOC closed a tender seeking spot crude with bids …
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The National Bank of Ras Al-Khaimah (RAKBANK) has concluded the issue of $75 million 2.5-year Floating Rate Note (FRN) which offered investors a coupon of 3-month USD LIBOR+100 basis points. This …
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The foreign assets held by the Central Bank of the United Arab Emirates (CBUAE) increased to Dhs392.4bn by the end of Q1 2021, a quarter-on-quarter of 1.1%, a CBUAE report shows. The apex bank …
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Well over a year ago, Gulf News decided that the reader queries coming in, both in terms of volume and specificity needed a section dedicated to answering the issues raised. And, thus, was born the …
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But what is this coin and what do we know about it so far? According to UAE-based blockchain startup Arabian Chain Technology, the company in charge of handling the Gulf-based cryptocurrency, “plans …
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Recent analysis in the Middle East & Turkey, of 400+ million installs of over 4,060 mobile apps, across shopping, finance and gaming verticals, by global attribution leader AppsFlyer, has highlighted …
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A three-day recruitment drive for vacancies of sales executives for leading UAE banks will begin from Saturday, May 29, in Dubai and Abu Dhabi. (Click here for latest UAE job vacancies) UAE residents …
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