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Tag: finance

Posted on 05/08/2023

UAE’s ADNOC Gas Q2 revenue down 24% on lower prices

DUBAI, Aug 4 (Reuters) – State oil giant Abu Dhabi National … ADNOC listed its gas business in March after raising $2.5 billion from an initial public offering (IPO) which drew strong investor …

Posted on 05/08/2023

Emirates Institute of Finance, Commercial Bank of Dubai commemorate graduation of 48 young Emiratis from ‘Bedayati’ programme

This initiative embodies a strategic commitment to fostering young talents and aligns with the UAE’s vision of Emiratisation …

Posted on 05/08/2023

UAE launches national grant programme to support Emirati creatives

The UAE Ministry of Culture and Youth has unveiled a national grant programme for culture and creativity. With funds of up to Dh100,000 available, the project aims to help Emiratis pursue projects …

Posted on 05/08/2023

UAE makes its single sign-on service the front door for 6K private, public services

Single sign-on authentication service has been switched on for all services that the autocratic Arab Emirates offers online.

Posted on 05/08/2023

Emirates Institute Of Finance And Commercial Bank Of Dubai Commemorate The Graduation Of 48 Young Emiratis From“Bedayati” Program

The Emirates Institute of Finance (EIF), renowned for its world-class education, training, and allied services in banking and finance, joined han …

Posted on 04/08/2023

How To Find Luxury Villas And Penthouses For Buying In Dubai?

When you think about luxury living, one of the top cities that comes to mind is undoubtedly Dubai. But how does one navigate through the glitteri …

Posted on 04/08/2023

Dubai investments H1 2023 net profit surges 59% to AED 580 million

Dubai Investments, the leading diversified investment company listed on the Dubai Financial Market [DFM], has announced a 59 percent increase in net profit to AED 580 million for the six-month period …

Posted on 04/08/2023

Dubai logs over AED2bn in realty transactions Friday

DUBAI, 4th August, 2023 (WAM) — Dubai’s real estate market recorded 363 sales transactions worth AED809.25 million on Friday, in addition to 94 mortgage deals totalling AED1.14 billion, and 17 gift …

Posted on 04/08/2023

Dubai logs over $544.5mln in realty transactions Friday

Dubai’s real estate market recorded 363 sales transactions worth AED809.25 million on Friday, in addition to 94 mortgage deals totalling AED1.14 billion, and 17 gift deals amounting to AED119.77 …

Posted on 04/08/2023

UAE Ministry of Economy and Huawei Cloud launch startup programme under The Entrepreneurial Nation initiative

Huawei Cloud startup programme will provide up to $150,000 in vouchers and access to Huawei Cloud ecosystem resources for eligible businesses …

Posted on 04/08/2023

Uae: Indian Expat Earning Dh4,000 Wins Dh15 Million With Big Ticket Bought On His Birthday

Sakil Khan Sarwar Khan is on cloud nine. The Indian expat from Dubai has won Abu Dhabi Big Ticket’s grand prize of Dh15 million with tickets bought last month on his birthday. “My birthday was on July …

Posted on 04/08/2023

Dubai financial regulator fines Mirabaud unit $3M for weak AML controls

A Middle Eastern unit of international banking group Mirabaud was ordered to pay a $3 million fine for inadequate anti-money laundering controls by the Dubai Financial Services Authority.

Posted on 03/08/2023

Just arrived in the UAE? Emirates ID, sim card, housing and banking

Welcome to the UAE – you made it! After making your way to your temporary accommodation, you are probably unpacking and wondering what your new life will be like in the Emirates. Whether you have …

Posted on 03/08/2023

Dubai’s RTA eyes banks ahead of IPO: Report

This marks Dubai’s first privatisation move of the year Dubai’s RTA eyes banks ahead of IPO: Report DFM, Dubai bourse, Dubai Financial Market, Dubai RTA, Dubai stocks, Initial public offering, IPO, …

Posted on 03/08/2023

Dubai: Common law to re-boost free zones’ appeal after relaxation of FDI law for onshore firm

The emirate has several free zones, each with its own authority responsible for governing and regulating activities within the zone distinct from those in the …

Posted on 03/08/2023

UAE introduces digital identity across service systems

The UAE introduced the UAE Pass to implement digital identity across its service systems provided by 130 operators, private and government.

Posted on 03/08/2023

UAE, Saudi PMIs show strong business activity

In the UAE, 30% of businesses surveyed reported increased activity in July in the S&P Global PMI survey, with less than 2% reporting a fall. New work growth slowed from June but remains robust and …

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