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Tag: finance

Posted on 27/08/2024

Al Maryah Community Bank signs an MoU with RAKEZ

Abu Dhabi: Al Maryah Community Bank (Mbank), the leading digital bank in the UAE, has entered into a Memorandum of Understanding with Ras Al Khaimah Economic Zone (RAKEZ). This collaboration aims to …

Posted on 27/08/2024

Most Gulf markets slip on regional tensions; Dubai gains

The Abu Dhabi index (.FTFADGI), opens new tab eased 0.1%. San Francisco Federal Reserve Bank President Mary Daly on Monday said “the time is upon us” to cut borrowing costs, echoing what Fed Chair …

Posted on 27/08/2024

My Dubai Salary: ‘I started on Dh250 a month and now earn Dh66,000 a year as a partner’

graduated in computer science and software development from the University of Wollongong in Dubai during the global financial crisis in 2008. With information technology jobs drying up, she decided …

Posted on 27/08/2024

UAE Wants France to Give it Access to Detained Telegram Founder

(Bloomberg) — The United Arab Emirates asked French officials for access to the detained founder of Telegram, Pavel Durov, who’s a citizen of the Gulf state. Most Read from Bloomberg Sydney Central …

Posted on 27/08/2024

UAE: 3 expats win Dh50,000 grand prize each with Big Ticket’s latest draw

I am hoping to win the grand prize next’’. When asked about his plans, he said, ’I will keep this prize in my bank account as savings.’’ Mohammad Rashed, another winner from Dubai, is a 29-year-old …

Posted on 27/08/2024

UAE: Developers offer lower down payments, flexible plans for off-plan property

Recently, a Dubai-based private developer introduced a payment plan … per cent additional financing during the construction phase, supplementing the standard mortgage amount due upon completion.

Posted on 26/08/2024

After Pavel Durov’s arrest in France, don’t hold your breath for that Telegram IPO

Is the Durov case about free speech, or just about letting Telegram become a massive platform for advertising illegal services?

Posted on 26/08/2024

US rapper Macklemore cancels Dubai show over Sudan war

US rapper Macklemore has cancelled his upcoming October show in Dubai, United Arab Emirates, over the country’s alleged role in the deadly conflict in Sudan.

Posted on 26/08/2024

Iraq’s largest private bank seeks to boost UAE business

The International Development Bank (IDB) has become a pioneer in providing financial solutions for businesses in the UAE and Iraq. Recently, during a media briefing, IDB chairman Dr. Ziad Khalaf Abd …

Posted on 26/08/2024

Burgan Bank receives approval to acquire United Gulf Bank

Kuwait’s Burgan bank announced that it has secured a “no-objection” letter from the Central Bank of Bahrain regarding its Acquisition of 100 percent of United Gulf Bank, based in Bahrain. The …

Posted on 26/08/2024

UAE’s women-owned businesses can always do with some extra support

Image Credit: Shutterstock Did you know that the finance gap for women entrepreneurs is $1.7 trillion … Breaking through traditional financing barriers remains a significant hurdle for women in the …

Posted on 26/08/2024

Accelerating Change: The Upcoming Conference On Digital Transformation, AI, And Customer Experience In Banking

As the financial world rapidly evolves, Dubai is set to host the Middle East banking Innovation Summit 2024, scheduled to take place in less than a month EIN Presswire provides this news content “as …

Posted on 26/08/2024

UAE tells taxpayers to register applications or face fines

The Federal Tax Authority (FTA) has renewed its calls for resident juridical persons with UAE licences issued in June, irrespective of the year of issuance, to promptly submit their Corporate Tax …

Posted on 26/08/2024

8 reasons why the UAE passport is gaining in strength

The UAE passport jumped from 15th place in 2023 to 8th in 2024 in Get Golden Visa’s ranking, making it among the world’s fastest-growing in terms of its strength …

Posted on 25/08/2024

NMDC Group reveals plans for NMDC Energy IPO on Abu Dhabi securities exchange

The IPO process, however, remains contingent upon receiving approvals … and construction services for both onshore and offshore oil and gas operations. The NMDC Group, based in the UAE, is a …

Posted on 25/08/2024

UAE Offers Flexible Hours for Govt Staff on 1st School Day

The UAE has announced flexible work hours for government employees on the first day of school to assist parents with school drop-offs and pickups. This flexibility will also extend through the first …

Posted on 25/08/2024

UAE: How to get refund for government service fees, fines

Requesting a refund for government services or fixing a payment mistake might seem complicated. In the UAE, however, residents don’t need to worry since the process is straightforward and simple.

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