Tag: finance

The UAE Ministry of Finance (MoF) signed a membership document with the Medical Office of the Ministry of Presidential Affairs and two agreements with Abu Dhabi Health Services Company (SEHA) and the National Health Insurance Company (Daman) to join the e …
( read original story …)

---

Dubai Investments, the leading, diversified investment company listed on the Dubai Financial Market, has reported net profit of AED 350 million for the quarter ending September 30, 2017, an increase of 4.8% over AED 334 million achieved during the same …
( read original story …)

---

Dubai Financial Market Company on Monday announced a net profit of AED173.3 million for the first nine months of 2017, a 1 percent decrease compared to the same period of 2016. Net profit for the third quarter fell by 22 percent to AED27.7 million …
( read original story …)

---

… (UBF), a professional representative body comprising 48 member banks operating in the UAE, has released the full agenda on the Middle East Banking Forum. Currently in its fifth edition, the forum is a premier annual event for the region’s banking …
( read original story …)

---

Dubai: Deposits in the UAE’s banking system rose in September as credit growth continued to be anaemic, according to UAE Central Bank monetary data. Gross credit growth remained lacklustre in September at just 0.1 per cent month on month. This reflected …
( read original story …)

---

DMCC, one of the world’s leading free zones for trade and enterprise in Dubai, has signed an agreement with Dubai SME, an agency of Dubai Economy, to develop Sharia-compliant trade finance platform for the small and medium enterprises ( SMEs). The …
( read original story …)

---

Union Properties on Monday announced the formation of a new investment arm, UPP Capital Investment, as the Dubai-based real estate group continues to roll out its diversification strategy. The new entity will specialise in direct and indirect real …
( read original story …)

---

Emirates NBD (ENBD), Dubai’s largest lender, posted a 37 per cent rise in third-quarter net profit on Monday as impairments tumbled and operating income rose. The bank, the last major lender from the United Arab Emirates to report its earnings during the …
( read original story …)

---

Srinagar: JK Minister for Finance, Dr Haseeb Drabu on Sunday left for UAE to attend the India-UAE Partnership Summit (IUPS) to be held in Dubai on 30/31 October 2017. The Summit is being jointly organized by the Embassy of India, Abu Dhabi, Consulate …
( read original story …)

---

Dubai: The Government of India’s decision to inject an unprecedented … one of the key drivers for our negative outlook on the South Asian nation’s banking sector,” said Jobin Jacob, associate director at Fitch Ratings. Apart from stabilising …
( read original story …)

---

Dubai CommerCity, the first free zone dedicated to e-commerce in the MENA region, is intended to promote Dubai’s position as a leading platform for international e-commerce and to support economic diversification and smart transformation strategies. The …
( read original story …)

---

Dubai-based Noor Bank has announced the departure of Hussain Al Qemzi from his position as managing director, effective from October 31. Al Qemzi was CEO of Noor Bank from its inception in 2008 until June when he became the bank’s first managing director …
( read original story …)

---

IPO vs. private share placement It’s possible that a change … at the Lebanese American University and has a Master’s degree in International Affairs. by Dubai American Academy
( read original story …)

---

DUBAI: Emaar Properties, Dubai’s master developer, is to sell 20 percent of the shares of its UAE real estate unit in an initial public offering (IPO) that could value it at around $6 billion. The IPO is the first significant listing on a UAE market …
( read original story …)

---

Emaar, which is selling 20 per cent of its real estate business, will offer 800 million shares and will announce the offer price range at the opening of the initial public offering (IPO) next month, it said in its prospectus on Dubai Financial Market (DFM …
( read original story …)

---

The UAE’s largest bank, created from the merger of National Bank of Abu Dhabi and First Gulf Bank, has reported more than AED8 billion ($2.18 billion) in net profit for the first nine months of 2017 First Abu Dhabi Bank (FAB) secured AED8.09 billion in …
( read original story …)

---

https://checkout.com/blogs/ bringing-apple-pay-uae-touch-id-payments-apps-websites/ Here at Fintech Finance, we work with renowned executives in the industry to provide key decision-makers globally within leading financial services organizations with …
( read original story …)

---