Dubai Islamic Insurance and Reinsurance (AMAN) will sell its individual life takaful portfolio to Abu Dhabi National Takaful Company (ADNTC) in a 37.5 million UAE dirhams ($10.2 million) transaction.
Dubai’s Al Ansari Exchange to open 15 new branches in 2023
The UAE-based money exchange and remittances firm Al Ansari Financial Services, which raised $210 million in an IPO in March, plans to open 15 new exchanges across the UAE before the end of this year …
‘We moved from Dubai to Manchester to buy our dream family home’
Juvraj Singh and his wife snapped up their first property sooner than expected thanks to a helpful mortgage scheme …
UAE bank investments at all-time high of Dhs548.5 billion in March
Bank investments in UAE hit Dhs548.5 billion by the end of March, the highest level in the country’s history, a report by the Central Bank of the United Arab Emirates revealed.
UAE bank investments hit a record $149.3bn in March
The central bank said month over month, UAE bank investments jumped 1.3 per cent from Dhs541.4 bn in February.
Eid Al Adha 2023 date; major UAE visa changes; ‘Silent Killer’ in Dubai; tax rules announced – 10 things you missed this week
However, the tourist must enter the country with 60 days from the date of issuance, and the validity of the entry permit will be 30 days or 60 days, depending on the type of visa. The tourist must …
Turkey-UAE honeymoon on horizon after Erdogan’s win, economic deals
Turkey $40 billion trade agreement ratified in May is an expression of the friendship between the two countries’ leaders, according to experts.
Finance Minister, UAE Ambassador discuss bilateral economic ties
United Arab Emirates Ambassador Hamad Obaid Ibrahim Salim Al-Zaabi called on Finance Minister Ishaq Dar in Islamabad on Thursday. During the meeting, they conversed about the deep rooted brotherly …
UAE bank investments hit all-time-high of $149bn
UAE bank investments are at an all-time high says CBUAE UAE bank investments hit all-time-high of $149bn CBUAE, CBUAE Central Bank Digital Currency Strategy, UAE bank, uae bank investments, UAE …
UAE bank investments at all-time-high of AED548.5 bn in March
Bank investments in UAE hit AED 548.5 billion by the end of March, the highest level in the country’s history, a report by the Central Bank of the United Arab Emirates revealed.The report, issued …
UAE Fintech Optasia Hires Moelis for Potential Sale, IPO
United Arab Emirates-based Optasia is weighing strategic options, including a sale or initial public offering in the Middle East, people with knowledge of the matter said.
Abu Dhabi, Luxembourg to enhance ties and support sustainable finance
The Abu Dhabi Securities Exchange (ADX) and the Luxembourg Stock Exchange (LuxSE) announced the signing of a Memorandum of Understanding (MoU) between the two parties.
UAE’s Burjeel, US-based Northwell Health to launch neuroscience institute in UAE
The Neuroscience Institute will be located at Burjeel Medical City, and will provide advanced care for adult and pediatric patients with neurological disorders, including autoimmune brain disorders, …
Interbank fund transfers in UAE hits AED3.89 trillion in Q1, 2023
The apex bank data also revealed that March was the busiest month with dirham-denominated transfers standing at AED1.46 trillion Interbank fund transfers in UAE hits AED3.89 trillion in Q1, 2023 Abu …
Dubai transport authority seeks adviser for asset review
DUBAI: Dubai’s Roads and Transport Authority (RTA) has invited investment banks to pitch for an advisory role in …
UAE’s Al-Futtaim Automotive leads $15mln funding in Indian electric scooter firm
One of the Middle East’s leading automotive business, Al-Futtaim Automotive led the investment round of $15-million in the Indian electric two-wheeler startup, River. Image cour …
Al Seer goes for growth as cornerstone investor in Adnoc L&S after $600m IPO
Ambitious Abu Dhabi shipowner Al Seer Marine has revealed it is now “the cornerstone investor” in giant compatriot shipping company Adnoc Logistics & Services (Adnoc L&S). The Adnoc subsidiary listed …