Tag: banking

DUBAI (Reuters) – Deutsche Bank (DBKGn.DE) has cut eight positions within its equities research team in Dubai as it moves to close the unit as part of a global scaling back of equities business, sources familiar with the matter said. The research analysts …
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“This is a good move by the IMF and in my opinion it will bring lot of stability to the entire banking system” said Saad Maniar, senior partner at Crowe Horwath UAE. According to the UAE Ministry of Economy and the Dubai Islamic Economy Development Centre …
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The certifications make DIB the first Islamic bank in the UAE to achieve an international accreditation of this significance. DIBs Human Resources Department – Learning and Development Centre (L&D) was awarded the ISO 29990:2010 certification, while the …
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DUBAI, May 29 (Reuters) – The Dubai stock market was sluggish on Tuesday, dragged down by building contractor Drake & Scull International and Dubai Islamic Bank, while other Gulf markets were up slightly in the first hour of trading. The Dubai index shed 0 …
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Deutsche Bank AG will close its equity research department in Dubai, according to people with knowledge of the matter, as the German lender restructures the business globally. It’s not clear how many analysts will be affected by the move, the people said …
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UAE residents are keeping better track of their personal finances than they were four years ago, with fewer living outside of their means, according to newly released data from Abu Dhabi Islamic Bank. In its ‘moneysmart index’ – which is based on …
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I work as a claims officer in Dubai and my monthly salary is Dh5,000. My debts are: outstanding / minimum payment Recently, I’ve been receiving persistent and annoying calls from an agent claiming that she is from Bank 1’s collections department.
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DUBAI (Reuters) – Non-oil economic activity in the United Arab Emirates grew by 3.1 percent from a year earlier in the first quarter, slowing slightly from 3.4 percent in the final quarter of 2017, the central bank estimated on Tuesday. Overall economic …
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Two key departments of Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, received ISO certifications, making it the first Islamic bank in the UAE to achieve an international accreditation of this significance. DIB’s Human Resources …
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Ask entrepreneurs in the UAE what they most need to upscale their business and the majority are likely to say finance. Sourcing finance in the early stages of growth is fundamental in taking a company to the next level. It helps business owners to avoid …
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You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. Ask entrepreneurs in the UAE what they most need to upscale their business and the majority are likely to say finance. Sourcing finance in the early stages of growth …
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The UAE has expanded its role as one of the leading hubs for Islamic finance, an alternative way of banking and insurance based on Islamic law, or Shariah, which prohibits interest payments and pure monetary speculation. “Customers’ trust in Islamic …
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(MENAFN – Khaleej Times) The Islamic banking industry is set to flourish further even in non-conventional markets as the International Monetary Fund (IMF) approved a plan to incorporate Islamic finance into its financial sector assessments of select …
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The UAE witnessed solid increase in project awards in the first quarter of 2018 denoting improving investment momentum driven by higher public spending. According to data from Meed Projects and Abu Dhabi Commercial Bank (ADCB) on project award in the GCC …
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according to UAE Central Bank statistics. On a different note, Central Bank statistics released recently on the latest financial developments in the country by the end of March indicated that the number of national banks stood at 22, with their branches …
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The United Arab Emirates (UAE) has stepped up its efforts to position itself as a center of banking and financial technology innovation to take advantage of the China-proposed Belt and Road (B&R) Initiative. The efforts are led by the Abu Dhabi Global …
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The Aramco IPO would be a once-in-a-generation event for financial markets … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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