Saudi and the UAE may one day become leading countries in the adoption … Venezuelans are turning to BTC,” said Ethereumworldnews. In 2017, the World Bank announced that there were two billion unbank…
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Al Hilal Bank partners with ADGM to promote Islamic finance
Al Hilal Bank has announced a new partnership with the Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, aimed at promoting Islamic finance in Abu Dhabi and across the U…
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UAE bank stocks offer better value than Saudi and Kuwaiti peers, EFG says
UAE bank shares offer better value than their Kuwaiti and Saudi peers that have received foreign interest after their upgrade to emerging market status, according to Egyptian investment bank EFG Herme…
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UAE’s aggregate banking reserves and assets grow at faster pace in Q2
The aggregate capital and reserves of banks operating in the country grew at a faster pace year-on-year in the second quarter of 2018 to reach Dh330.2 billion, according to the latest Central Bank of …
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UAE bank stocks offer value on better economic prospects, EFG says
UAE bank shares offer better value than their Kuwaiti and Saudi peer that have received foreign sentiment after their upgrade to emerging market status, according to Egyptian investment bank EFG-Herme…
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UAE banks’ ATMs network increased in H1 2018, says CBUAE
The Central Bank of the UAE has announced that the number of automatic teller machines (ATMs), have increased to 5261 in H1 2018 from 5219 the corresponding period in 2017, according to local newswire …
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UAE 3D Printing Market by Technology, Sectors and Regions – Forecast to 2024
The “UAE 3D Printing Market” report has been added to ResearchAndMarkets.com’s offering. According to the report, the UAE 3D printing market is projected to grow at a CAGR of 55.3% during 2018 to 2024 …
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UAE agrees to share financial intelligence with Nigeria’s EFCC
UAE agrees to share financial intelligence with Nigeria’s EFCC – The United Arab Emirates (UAE) says it will share financial intelligence with the Economic and Financial Crimes Commission, as part of …
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Bank withholds gratuity
The company released our end of service payments to Dubai Islamic Bank (DIB), but due to a loan, the bank held my gratuity and is currently blocking it, despite the fact that I have already given them …
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More UAE residents say they’re struggling to make ends meet
Yallacompare’s Consumer Confidence Tracker for Q2 – based on a survey of 1,347 UAE residents – revealed that 41.2 percent are less confident about their financial health than they were this time last …
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Dubai Investments says half-year net profit rises to $133m
Khalid Bin Kalban, managing director and CEO of Dubai Investments, said: “Dubai Investments registered steady growth in its financial results during the first half of 2018. The increase in total incom…
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Dubai Stock Index Posts the Biggest Monthly Increase in a Year
Dubai’s main equity gauge posted its biggest monthly gain in a year, powered by a revival in the banking sector as better-than-estimated earnings help U.A.E. stocks escape this year’s doldrums. The DF…
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Dubai Investments posts H1 2018 profit growth
RELATED ARTICLES: Dubai Investments posts 25% growth in Q1 2018 | Dubai Investments unit to lead Emicool IPO | Dubai Investments to sell Emicool stake in Q4 2018 Dubai Investments’ strong start to the …
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US hedge fund said to enter race to buy Abraaj assets
York Capital Management, the hedge fund run by Jamie Dinan, is the latest party to join the race to buy the asset-management platform of embattled Dubai private-equity firm Abraaj Group, according to …
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Smart Dubai and DIFC Courts Partner to Explore Blockchain-Powered Judiciary
The Dubai International Financial Centre Courts and Smart Dubai have partnered to develop a “Court of the Blockchain” that would harness the tech for the judiciary. The Dubai International Financial C…
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Dubai Plans to ‘Disrupt’ Its Own Legal System with Blockchain
A Dubai-based international court dealing with civil and commercial disputes in the financial industry is planning to launch what it calls a “Court of the Blockchain” to streamline legal operations. T…
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Dubai Islamic Bank Pakistan
Visiting the bank only to find that the system is down and your transaction cannot be completed is a universally frustrating customer experience. To prevent this, Dubai Islamic Bank Pakistan Limited ( …
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