In the UAE, the cost of 24-karat gold was at … US consumer prices accelerated in May, suggesting that the country’s central bank could continue with its 50-basis-point interest rate hikes …
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DIB Bank opens another branch in Nairobi CBD
DIB Bank Kenya Limited has today opened a new branch at JKUAT Towers along Banda Street in Nairobi bringing services closer to customers in the Nairobi Central Business District (CBD).
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Philippines, UAE boost economic cooperation
THE Philippines and the United Arab Emirates (UAE) signed an investment promotion and protection agreement (IPPA) on Thursday in Dubai.According to Trade Secretary Ramon Lopez …
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UAE Ramps Up Extradition Pacts in Bid to Fight Dirty Money
The United Arab Emirates expects to sign seven extradition agreements with countries around the world this year, underscoring a push by officials to cleanse the country’s image since a March …
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Intelligent EV Company NWTN Announced to Establish Its Manufacturing Base in the UAE
DUBAI, UAE / ACCESSWIRE / June 10, 2022 / The intelligent electric vehicle (EV) company NWTN announced its partnership with Sultan Investments in establishing an EV SKD assembly base in Khalifa …
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UAE: Reader complains against bank charges of Dh2,700 for a dormant account
From Ms Junniffer Binas Dubai The management of ADCB responds … that the customer is holding a current account with the Bank since April 11, 2017 and has been getting levied with the monthly …
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UAE: Why do banks check your bank balance when applying for a mortgage?
Here’s why you need to show some savings when applying for a home loan in the UAE Get Breaking News Alerts From Gulf News We’ll send you latest news updates through the day. You can manage them any …
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UAE wealth fund ADIA takes 20% stake in Indian home finance firm
A wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, has taken a 20 percent stake in an Indian home finance company for an investment …
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HSBC boosts Saudi investment banking team amid flurry of deals
HSBC Holdings has hired at least five bankers in Saudi Arabia in recent months and moved one of its Dubai-based managing directors to Riyadh to help handle a surge in dealmaking activity in the …
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UAE tops rankings in Arab world for foreign direct investments (FDI)
Global FDI was up 64 percent last year but could fall this year or remain flat at best says new report UAE tops rankings in Arab world for foreign direct investments (FDI) Arab world, FDI in UAE, FDI …
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$12 Billion UAE IPO Rush: Fertiglobe Tops in Returns, DEWA Lags
Most Read from BloombergTarget Tries to Save Itself by Putting Everything on SaleMusk Twitter Bid Counts Secretive $5 Billion Fund Among BackersHedge Fund D1 Borrowed Billions for a Hot Bet That Now …
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UAE signs deal with Philippines to boost and protect mutual investments
The UAE’s Ministry of Finance has signed an agreement with the Philippines to boost mutual investments and protect them from non-commercial risks, it said in a statement on Thursday. The partnership …
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UAE, Philippines Sign Deal On Mutual Promotion And Protection Of Investments
Protection and Promotion of Investments Agreements aim to protect investments from all non-commercial risks like nationalisation, expropriation, and …
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Dubai to list 12.5% of Tecom through IPO on Dubai Financial Market
Dubai will list 12.5 per cent of the Tecom Group, the operator of business districts that are home to more than 7,800 companies, on the Dubai Financial Market as part of a series of initial public …
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Musk Twitter Bid Counts Secretive $5 Billion Fund Among Backers
Elon Musk’s bid for Twitter Inc., which has been upended by the billionaire’s threat to walk away, attracted a bevy of big-name backers and Silicon Valley mainstays. There were some notable exceptions …
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UAE and Philippines sign deal on protection of investments
As part of its endeavours to boost and protect investments from all non-commercial risks, the UAE, represented by the Ministry of Finance (MoF), …
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Dubai Offers 12.5% in Business Park Operator Amid IPO Push
(Bloomberg) — Dubai plans to sell a 12.5% stake in business park operator … Everything on Sale Musk Twitter Bid Counts Secretive $5 Billion Fund Among Backers Hedge Fund D1 Borrowed Billions for a …
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