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Tag: finance

Posted on 20/11/2023

Dubai and the UAE: A global wealth nexus

Dubai and the UAE are flourishing global wealth magnets, offering tax benefits, a thriving business environment, and strategic allure for HNWIs and businesses pursuing prosperity.

Posted on 20/11/2023

BRIEF-DFM, Nasdaq Dubai, Shanghai Stock Exchange sign MoU to strengthen ties between capital markets

DFM, Nasdaq Dubai, Shanghai Stock Exchange sign MoU to strengthen ties between capital markets on Devdiscourse …

Posted on 20/11/2023

UAE fitness brand GymNation announces major equity buyout

GymNation has experienced rapid growth, expanding from a single gym startup to become the leading gym operator in the UAE, with 12 gyms and over 60,000 members …

Posted on 20/11/2023

Abu Dhabi Commercial Bank starts selling AT1 bonds – document

The UAE’s third-largest lender Abu Dhabi Commercial Bank has given initial price guidance of around 8.625% for its perpetual non-call 5.5-year bonds, according to an arranging bank document seen by …

Posted on 20/11/2023

Dubai’s Al Ansari Financial Services subsidiary to launch digital wallet next year

Digital wallet will allow users to pay bills, receive salaries, carry out money remittances and access micro finance …

Posted on 20/11/2023

EFG Hermes Advises On $625M Sale Of 30% Of Eastern Company To UAE-Based Global Investment Holding

EFG Hermes, the leading investment bank in Frontier and Emerging Markets (FEM), announced Saturday that it successfully concluded its advisory role to UAE investment …

Posted on 19/11/2023

UAE green bond financing reaches $6.4bn ahead of COP28

Al Natoor highlighted the substantial growth of ESG (environmental, social, and governance) bonds in the UAE, reaching $6.4bn by the third quarter of 2023, representing a 41 percent increase from the …

Posted on 19/11/2023

UAE holds 19% of global sustainable bonds: Fitch

Fitch Ratings has affirmed the critical role that COP28 will play in raising awareness of sustainability issues in the region and steering investment …

Posted on 19/11/2023

Dubai’s crypto carousel: M2 takes the stage

As Dubai’s relentless summer sun dipped to a mere 35 degrees Celsius, the city’s crypto scene has been turning up the heat. However, there’s one new name hot on everyone’s lips this year – M2. ..

Posted on 19/11/2023

Iraq’s Central Bank enhances balances of 5 Iraqi banks in UAE dirham

The Central Bank of Iraq finished the arrangements for an agreement to enhance the balances of five Iraqi banks in the UAE dirham.

Posted on 19/11/2023

UAE employees willing to stay even if they don’t save, but earn enough to maintain lifestyle

Employees in the UAE are willing to make sacrifices in order to stay in the country even if they may not be able to save, but earn enough money that helps them to maintain their lifestyles.

Posted on 19/11/2023

Ministry of Finance hosts experts, discuss arbitration in investment disputes

The discussion revolved around issues faced by states, government officials, and investors with regards to their domestic and international investment relations …

Posted on 19/11/2023

Sharjah Islamic Bank has been awarded the “Impact Seal” award in the field of CSR

Sharjah Islamic Bank (SIB) announced the prestigious honor it received in … edition of the “World With Purpose” Summit 2023 organized by the (GHAYA), the UAE strategy consultancy, in partnership …

Posted on 19/11/2023

Al Noor Training Centre partners with Al Masraf Bank for Corporate Fitness Challenge

Al Noor Training Centre for Persons with Disabilities is thrilled to announce the launch of its very own “Al Noor- Al Masraf Bank 30 X 30 Corporate Challenge” scheduled to take place from November 14 …

Posted on 19/11/2023

Dubai’s Shuaa Capital to appoint former Credit Suisse banker as CEO

Fawad Tariq Khan, who was appointed as Group CEO of the Dubai-listed investment bank and asset manager in June 2022, will be replaced by Wafik Ben Mansour, who will be acting CEO, according to a Zawya …

Posted on 18/11/2023

Emirates Development Bank underscores commitment to growing UAE’s solar power market

Emirates Development Bank (EDB), the key financial engine of the UAE’s economic development and industrial advancement, underscored its commitment to driving the development and growth of solar power …

Posted on 18/11/2023

National Bank of Fujairah celebrates successful 7th NBF Fujairah Run despite inclement weather conditions

Incorporated in 1982, National Bank of Fujairah PJSC (NBF) is a full services corporate bank with strong corporate and commercial banking, treasury and trade finance expertise as well as an expanding …

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