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Tag: finance

Posted on 05/06/2024

Nasdaq Dubai welcomes $750mln debut Sustainability Sukuk listing by Emirates Islamic

The milestone issuance by Emirates Islamic highlights the growing importance of ESG principles in Islamic financing, supporting the UAE’s vision for sustainable investments …

Posted on 05/06/2024

UAE: Central Bank announces launch of new platform for wholesale cross-border payments

The Central Bank of the UAE has launched the Minimum Viable Product (MVP) platform of the mBridge project – a multi-central bank digital currency common pl..

Posted on 05/06/2024

UAE: Central Bank announces launch of new platform for wholesale cross-border payments

The Central Bank of the UAE has launched the Minimum Viable Product (MVP) platform of the mBridge project – a multi-central bank digital currency common pl..

Posted on 05/06/2024

Dubai Islamic Bank pledges $2.94mln to support ‘Dubai Schools’ project

Dubai Islamic Bank has signed a cooperation agreement with the Knowledge Fund Establishment to support the ‘Dubai Schools’ project with a pledge amounting to AED11 million. The move seeks to help …

Posted on 05/06/2024

Desert Dream: Indians take a shine to Dubai’s Golden Visa

Dubai’s robust economy offers a wide range of job prospects across various industries, including finance, real estate, technology, and tourism, making it an attractive destination for skilled Indian …

Posted on 05/06/2024

Hero Royal Marine who received the George Cross held prisoner in Dubai accused of spying

Former Royal Marine Matt Croucher who previously was awarded the George Cross for his service in Afghanistan was arrested in Dubai over spying allegations …

Posted on 05/06/2024

Explained: What is the UAE’s new Jaywan card and what are its benefits?

Jaywan is the UAE’s first national domestic card programme. It is owned and operated by Al Etihad Payments, the country’s new national payments entity, which is a subsidiary of the UAE Central Bank.

Posted on 05/06/2024

UAE climbs to 6th in world for international tourist spending with $51.9bn receipts

The UAE has risen from 13th to 6th globally on the list of top earners from international tourism, after logging $51.9bn in international tourism receipts, UN Tourism’s May 2024 World Tourism …

Posted on 04/06/2024

UAE Central Bank Approves Issuance of Stablecoin Regulation

According to recent reports, the Central Bank of the UAE approved the issuance of a regulation for licensing and overseeing stablecoins and a series of policies aimed at supporting the banking, …

Posted on 04/06/2024

UAE seeks ‘marriage’ with US over artificial intelligence deals

Dubai plans to increase its data centre capacities to host the cloud computing needed for AI and wants to foster AI “clusters” of companies around established industries such as finance. “There is a …

Posted on 04/06/2024

UAE’s enhanced ratings in Global Anti-Money Laundering Risk Index raise confidence in economic, financial sectors

Results are a global recognition of the UAE’s record efforts combating money laundering and the financing of terrorism …

Posted on 04/06/2024

UAE’s enhanced ratings in Global Anti-Money Laundering Risk Index enhance confidence in economic, financial sectors

The United Arab Emirates’s improved rating in a global risk index has given the financial services sector a boost, reflecting the country’s advancements in combating money laundering and the financing …

Posted on 03/06/2024

Etihad CEO Says Plans Progressing for Possible Stock Listing

Etihad Airways is moving along with a possible initial public offering, the first for a major airline in the Middle East, in a listing that would help the Abu Dhabi flag carrier raise additional funds …

Posted on 03/06/2024

How to get 10% interest rates with UAE digital bank Liv

UAE digital bank Liv announces gamified fixed deposit interest rates of up to 10 per cent for correctly predicting football scores …

Posted on 03/06/2024

Real Housewives Of Dubai: Chanel Ayan lashes out at Sara Al Madani for accusing her of playing victim after sharing female genital mutilation story

Sergio is dying.’ ‘Building a house in Dubai is very, very stressful,’ Caroline said a confessional. ‘Getting a mortgage is like winning the lottery here. Because I’m 46, I had to do a full body …

Posted on 03/06/2024

UN calls for ‘serious progress’ in finance at first climate change talks since Cop28

Simon Stiell warns the world is heading for increase in global temperatures of 2.7°C above pre-industrial levels …

Posted on 03/06/2024

Etihad Airways getting ready for a possible IPO: CEO Neves

No timeline has been set, but Antonoaldo Neves, Chief Executive Officer of Etihad, told Bloomberg TV on the sidelines of the IATA annual general meeting in Dubai: “We are working very hard to make it …

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