Tag: banking

Dubai: UAE markets both closed higher on Wednesday, with the Dubai Financial Market (DFM) up 1.25 per cent at 3.495.73 and the Abu Dhabi Securities Exchange (ADX) up 1.79 pert cent at 4433.74. Technical analyst Osama Al Ashri said he expected both markets …
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DUBAI (Reuters) – The United Arab Emirates’ energy minister said on Wednesday that he was optimistic about obtaining commitments from non-OPEC oil producers to cut output at a meeting later this week to cement a global pact to limit supply. “We are …
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ABU DHABI (Reuters) – The global oil market needs price levels which provide incentives to invest in production, and even at a price of $50 a barrel investment was declining, United Arab Emirates Energy Minister Suhail bin Mohammed al-Mazroui said on …
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Islamic financing growth in the UAE has slowed in 2016, but remained above that of conventional banks on the back of enhanced recognition of Islamic finance and wider adoption of Shariah products, especially in retail, Fitch Ratings said. The share of …
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(MENAFN – Khaleej Times) CBD Now will offer services that can be performed on a smartphone Commercial Bank of Dubai (CBD) on Saturday announced that it would launch the country’s first digital-only bank – CBD Now – to target millennials and digitally …
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DUBAI, United Arab Emirates — A Dubai developer that recently opened the world’s largest indoor theme park now plans an even bigger attraction next door. The Ilyas and Mustafa Galadari Group said on Tuesday that its planned IMG Worlds of Legends park …
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BOSTON (Reuters) – Hedge fund manager Mick McGuire on Tuesday took his fight for … along with the Houston Texans and Tennessee… Dubai’s IMG plans another record indoor theme park By Tom Arnold and Hadeel Al Sayegh DUBAI (Reuters) – Dubai’s IMG Worlds …
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Three Indian men have been accused of stealing 1 million dirhams by hacking into a Dubai businessman’s mobile banking application after obtaining a duplicate SIM card using forged papers. The Indian trio, who have not been named — a 38-year-old worker …
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As China seeks to create global behemoths and focuses on developing its services sector, its economic and trade relationship with the UAE is also changing – from looking at the Emirates simply as an end market for goods to being a hub for finance and …
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First Gulf Bank – As a major leading bank in the UAE, FGB had Shareholder Equity of AED 36.0 Billion as of September 30th, 2016 making it one of the largest equity based banks in the UAE. Established in 1979 and headquartered in Abu Dhabi, the bank …
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The world’s largest gold-backed exchange-traded fund – the SPDR Gold Trust (NYSEArca:GLD) – “will probably qualify,” reckons Shari’ah scholar Mohd Daud Bakar, speaking at a press conference to launch the initiative in Arab financial center Dubai on Monday.
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Our Current Account gives you the ability to transact at your convenience – through a number of ways, in different currencies, and at any time. Our Current Account is available to you in AED, USD, GBP and EUR. – Minimum salary requirement of AED 5,000 …
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If Dubai and Singapore continue to attract volumes on products … which cause the export of our markets in the first place. The hedge fund manager says one niggling thought among traders is the sanctity of the taxation policy for Indian IFSCs, given …
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Hedge funds and non-bank companies … Drydocks World was one of several state-owned companies in Dubai that delayed debt payments after credit markets froze and asset prices slumped during the global financial crisis. The company used the court at …
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Elon Musk wants people to live on Mars by 2030 — and this isolated Hawaiian base camp is the closest we’ve come to that vision yet Legendary hedge fund manager Jim Simons … he founded Careem, a Dubai-based ride-hailing app. Careem has since grown …
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Saxo Bank a warded multiple accolades by FX Week, Finance Magnates, HFM Asia Hedge Fund Services and Global Finance Saxo … Singapore, Paris, Zurich, Dubai and Tokyo.
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He spends time with them in Davos, at a billionaire retreat in Sun Valley, with Chinese billionaires at Meech Lake, and early this week with hedge fund managers and billionaires … made in boardrooms in Beijing and Dubai. Not here.”
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