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Tag: banking

Posted on 26/10/2018

Faasos’ owner wants $100 million to expand

Separately, Faasos is believed to have received significant interest from investors, including private equity and hedge funds, for a possible $75-million … first batch of multi-brand cloud kitchens …
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Posted on 26/10/2018

Titanic II to Set Sail 110 Years After The Disaster and Will Retrace Ship’s Original Route

When completed, there will be a shakedown cruise from Dubai to Singapore and then a maiden voyage back … ruled that 5,500 artifacts from the ship’s wreck could be sold to a hedge fund consortium, th…
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Posted on 26/10/2018

Senior Relationship Manager – Large Corporates – Corporate Banking – Noor Bank – Dubai Jobs

• Deepening customer Relationship by providing financial solutions & banking services required to meet individual customer’s business needs • Ensuring prudent & profitable customer portfolio for the b…
( read original story …)


Posted on 24/10/2018

Saudi Arabia will not penalize banks that boycotted conference – c.bank chief

DUBAI: Saudi Arabia’s central bank governor said the kingdom will not penalise foreign banks that boycotted an investment conference in Riyadh because of the fallout from the killing of Saudi …
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Posted on 24/10/2018

the United Arab Emirates / Dubai

However, ING Wholesale Banking opened its first office in Dubai in July 2007, after obtaining a license from the Dubai Financial Services Authority (the regulator within the Dubai International Financ…
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Posted on 24/10/2018

Branch Manager (UAE National) – ADCB Abu Dhabi Commercial Bank – Dubai Jobs

To run the day to day operations of the branch through the development of a highly developed and motivated sales and service culture ensuring the achievement of all financial and non-financial targets …
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Posted on 24/10/2018

Two Jailed for Attempting to Steal Gold Boxes From UAE Central Bank Appeal

They had presented documents seeking five boxes of gold they claimed to have deposited. Two men, who were convicted of trying to steal five gold boxes from the UAE Central Bank using forged documents, …
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Posted on 24/10/2018

UAE Maritime Week 2018 to Kick Off on Sunday

Asia Pacific & Middle East of DVB Bank SE. The UAE Maritime Week 2018 is expected to repeat, if not surpass, the achievements of the 2016 edition. During the previous edition, more than 350 exhibitors …
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Posted on 24/10/2018

Saudi Arabia will not penalize banks that boycotted conference: Central bank chief

DUBAI: Saudi Arabia’s central bank governor said the kingdom will not penalize foreign banks that boycotted an investment conference in Riyadh and reiterated the country’s commitment to defend its cur…
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Posted on 24/10/2018

UAE adds nine people to terrorism list

The Cabinet instructed the UAE Central Bank to take all the necessary legal procedures to freeze the accounts of these individuals on the terrorism list. The nine names have also been included on …
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Posted on 24/10/2018

Erroneous bank transaction

I have been struggling to get an issue resolved with a Dubai-based bank. On June 26, I requested online transfer of funds in dollars to a firm in the UK. My first request for $800 went through fine. A…
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Posted on 24/10/2018

UAE residents report fall in financial confidence in Q3

UAE residents saw their financial confidence drop significantly in the third quarter as they worried about the rising cost of living, according to comparison site Yallacompare. The company’s …
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Posted on 23/10/2018

First Abu Dhabi Bank to start commercial banking in Saudi Arabia this year

DUBAI: First Abu Dhabi Bank (FAB), the largest lender in the UAE by assets, said on Monday it will launch commercial banking operations in Saudi Arabia by the end of this year. The bank, which was gra…
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Posted on 23/10/2018

Aramco IPO delay not to impact Saudi equities

“The IPO was only 5 per cent of the company … Talking about other equity markets including Dubai, Aurakzai said: “We don’t see an overnight recovery in Dubai market.
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Posted on 23/10/2018

Market expects Saudi IPO boost in 2019 despite Aramco delay

…provides unrivalled access and insight into the plans and activities of the region’s leading decision makers. Subscribe today and support your strategic planning with the MENA region’s best source …
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Posted on 23/10/2018

Relationship Manager – Corporate Banking – Noor Bank – Dubai Jobs

• Develop sustainable and economically feasible relationships with customers. • Develop account plans and monitor them to enhance share of wallet for the existing relationships. • To solicit & develop …
( read original story …)


Posted on 21/10/2018

Bank of Sharjah’s nine-month net profits up 13%

Dubai: Bank of Sharjah on Sunday reported a net profit of Dh301 million for the first nine months of 2018, up by 13 per cent compared to the same period last year. Net interest income decreased by …
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