Commercial Bank of Dubai, a leading bank in the UAE and Enoc Group, leading integrated global oil and gas player operating across the energy sector value chain, announced their partnership to launch a …
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OneConnect unveils OneConnect Smart Technology in the UAE
OneConnect Financial Technology Co., Ltd (“OneConnect” or the “Company”, Stock Code: 6638.HK), a leading Technology-as-a-Service (“TaaS”) provider, today unveiled OneConnect Smart Technology (ME) …
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UAE Ministry of Finance discusses means of enhancing UAE-Seychelles strategic partnership
The meeting looked at the need to keep advancing the UAE-Seychelles relations in all areas, particularly in the commercial, economic, and financial sector …
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UAE ruler to meet Putin in Russia on Oct 11 as war escalates
The UAE leader’s visit comes as Mr Putin’s almost eight-month invasion escalates in the wake of a string of Ukrainian advances. Read more at straitstimes.com.
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Linklaters advises Burjeel Holdings on its IPO on the Abu Dhabi Securities Exchange
Linklaters advised Burjeel Holdings on its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX). The IPO represents the first listing by a privately owned company in the United …
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Ministry of Finance discusses means of enhancing the UAE-Seychelles strategic partnership
The meeting, which took place at the ministry’s headquarters in Dubai, sought to discuss means of enhancing the UAE-Seychelles strategic partnership in areas of common interest …
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UAE FinTech Mamo secures DFSA approval to operate from DIFC
The regulatory nod to operate from the emirate’s financial centre, one of the top in the Middle East, Africa and South Asia region, will allow Mamo to carry out regulated money services and further …
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Gitex Global 2022: Robots and cars enthrall visitors as Dubai tech event opens big
Sheikh Maktoum bin Mohammed inaugurates much-anticipated tech event in Dubai Meet the robots and the ‘flying’ cars at Gitex Global 2022. The action on the ground on opening day of Dubai’s …
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National Bank of Fujairah partners with Finverity to grow supply chain and receivables finance book in MENA
The first partner in the region is Redington Gulf, the largest technology distributor in the Middle East and Africa.
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UAE FinTech Mamo receives regulatory approval in DIFC
The licence allows Mamo to further expand its products and services without user restrictions and provide unmatched security while fully complying with DFSA rules …
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Outlook: Top banks in the UAE are set to post higher Q3 net profit
Most UAE banks are expected to post higher net profit in Q3 2022, supported by higher interest rates and lower provisioning. Their performance in first-half 2022 had improved substantially on the back …
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UAE’s Commercial Bank International announces launch of metaverse location
As part of the bank’s agenda to further explore the metaverse, CBI, in partnership with homegrown UAE burger brand Pickl, will showcase a real time metaverse use case at the eve …
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Commercial Bank International first UAE bank to launch Metaverse location
CBI is the first UAE bank to have presence in the Metaverse and among the few early banks in the Middle East and the world as well …
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UAE’s Burjeel Holdings sets final share price; to raise nearly $300mln in IPO
UAE-based private healthcare service provider Burjeel Holdings has set the final price share at AED 2.00 ($0.54) per share potentially raising AED 1.1 billion ($299.5 million) in its IPO. The company …
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Metaverse in Dubai: Airport Freezone to launch METADAFZ
Dubai Airport Freezone is set to be the latest company to join the metaverse in Dubai. Metaverse in Dubai: Airport Freezone to launch METADAFZ Commercial Bank International, DAFZA, Dubai Integrated …
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Commercial Bank International to launch metaverse location
CBI’s virtual location is now open for visitors and can be found in Decentraland at cbi.dcl.eth or (63, -127) using the Decentraland map coordinates …
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UAE: Remittances jump as currencies fall, US dollar surges
“Most expatriates, especially Asians and Europeans residing in the UAE, are taking advantage of a weaker currency … According to statistics released by the World Bank in May 2022, remittance inflows …
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