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Tag: finance

Posted on 21/05/2024

UAE leads Mena region and ranks among top 20 on WEF travel and tourism index

The UAE is leading the Middle East and North Africa region on the World Economic Forum’s travel and tourism development index, as the Arab world’s second-largest economy continues to attract visitors …

Posted on 21/05/2024

Lokpobiri Urges UAE to Invest in Nigeria’s Deteriorating Oil, Gas Pipelines

The Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri, yesterday called on the United Arab Emirates (UAE) to invest in Nigeria’s decaying oil and gas pipeline infrastructure, …

Posted on 21/05/2024

Mint partners with S2M to transform UAE financial services landscape

Collaboration focuses on moving towards advancing financial inclusion and digital transformation enhancing the lives of underserved individuals and MSMEs in the UAE …

Posted on 20/05/2024

UAE Oil Giant Buys Into NextDecade LNG in First US Deal

The United Arab Emirates’ main oil company bought a stake in NextDecade Corp.’s natural gas export project in Texas, in a first US acquisition that also gives it a 20-year supply deal. Most Read from …

Posted on 20/05/2024

UBF reaffirms commitment to providing innovative solutions to boost UAE’s global trade

UAE Banks Federation said that the efforts of UBF member banks are crucial in strengthening the trade ecosystem and trade facilitation solutions …

Posted on 20/05/2024

India is now our biggest market outside UAE: Mashreq Bank Sr EVP

UAE’s Mashreq Bank has had a presence in India since the 1980s. After a few quiet decades serving the overseas trade finance needs of Indian corporates, five years ago, the bank decided to shift gears …

Posted on 20/05/2024

UAE banks set to achieve strong results despite likely rates cut

Banks in the UAE will continue to achieve strong results during this year, supported by prevailing high interest rates despite an expected trend of reduction, rating agencies said.Dr. Mohamed Damak, a …

Posted on 20/05/2024

Offshore properties, taxes and laws: 5 questions you may have following the Dubai leaks

On May 14, an extraordinary volume of leaked property data from Dubai, including over 23,000 properties listed as belonging to Pakistani nationals, was made public. These include political figures, …

Posted on 20/05/2024

Official tells Iranian state television that rescuers see the helicopter that was carrying Iran’s president in distance

Official tells Iranian state television that rescuers see the helicopter that was carrying Iran’s president in distance.

Posted on 20/05/2024

United Fintech Strengthens Presence with Opening of New Location in Dubai International Financial Centre (DIFC)

United Fintech is increasing its global presence with the opening of a new location in the Dubai International Financial Centre (DIFC). This strategic expansion into the UAE, “spearheaded by Athena, …

Posted on 19/05/2024

Dubai thrives as the top global hub for greenfield FDI projects

Dubai was ranked the No.1 global destination for greenfield foreign direct investment (FDI) projects in 2023 for the third successive year as it reinforces itself as a “must destination” for emerging …

Posted on 19/05/2024

S’pore’s alleged money launderers named alongside terrorist financiers, drug lords in Dubai probe

The Dubai Unlocked investigation involves hundreds of thousands of Dubai property records. Read more at straitstimes.com.

Posted on 19/05/2024

Dubai’s DLD launches initiative for real estate technology

These aim to develop real estate innovation, attract technology companies specialised in real estate to Dubai, enhance the innovation ecosystem in PropTech, finance and support real estate technology …

Posted on 19/05/2024

Exploring investment: PM expected to visit UAE in a couple of weeks

ISLAMABAD: Prime Minister Shehbaz Sharif is expected to visit United Arab Emirates (UAE) within a couple of weeks, wherein issues related to investment in different sectors, country’s financial …

Posted on 18/05/2024

The ‘Real Housewives of Dubai’ Net Worths, Ranked: Who Is the Richest?

Boasting luxurious shopping malls, man-made islands and the world’s tallest skyscraper, the city has become synonymous with wealth in recent years, so it made perfect sense when Bravo announced in …

Posted on 18/05/2024

Consumer confidence in UAE banks climbs to 90%, here’s why

Addressing a press conference held recently at Mashreq Bank’s headquarters in Dubai, Al-Ghurair emphasised that this uptick reflects the sector’s steadfast evolution, underscoring customer trust as a …

Posted on 18/05/2024

UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company

U.N. experts say South Sudan is close to securing a $13 billion loan from a company in the United Arab Emirates, despite the oil-rich country’s difficulties in managing debts backed by its oil reserve …

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