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Tag: finance

Posted on 16/03/2023

UAE Ministry of Finance announces results of preliminary state-level Government Finance Statistics for Q4-2022

Image Credit: Shutterstock Dubai: The UAE Ministry of Finance (MoF) announced today the results of the preliminary government finance statistics report for Q4-2022. The results for the fourth quarter …

Posted on 16/03/2023

Abu Dhabi Islamic Bank named ‘Best Islamic Bank in the UAE’ by EMEA Finance

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has been recognized as the “Best Islamic Bank in the UAE” by EMEA Finance Abu Dhabi Islamic Bank (ADIB), a leading financial institution …

Posted on 16/03/2023

UAE exchange house Al Ansari seeks up to $210 million in IPO

DUBAI, March 16 (Reuters) – UAE-based exchange house Al Ansari … 2023 Aerospace & Defensecategory Boeing issues upbeat jet finance outlook amid market turbulence, article with image March 15, 2023 …

Posted on 16/03/2023

UAE’s Al Ansari sets IPO price, shares valued between AED1 and AED1.3

“The UAE’s global ranking as a tourist, commerce, talent and finance hub has steadfastly climbed over the years, thanks to government efforts and business-friendly policies, fuelling the growth and …

Posted on 16/03/2023

Dubai Police warn residents against sharing OTP, bank details with fraudsters

Dubai Police has warned the public to be vigilant against fraudsters impersonating government or banks in phone scams aimed at obtaining financial information. Officials emphasised that no government …

Posted on 16/03/2023

Dubai’s Al Ansari exchange sets IPO price range at Dh1-Dh1.03

Dubai family business to float 10% as UAE private entities take to stock markets Dubai: Al Ansari Financial Services has set a price range of Dh1-Dh1.03 for its IPO opening for subscription today …

Posted on 16/03/2023

Dubai’s Al Ansari Financial Services sets IPO price range at Dh1-Dh1.03

Dubai family business to float 10% as UAE private entities take to stock markets (From left) Mohammad Bitar, Deputy CEO, Al Ansari Financial Services, Rashed Al Ansari, CEO, Al Ansari Financial …

Posted on 16/03/2023

Central banks of UAE, India boost collaboration with MoU

The central banks of the UAE and India have signed a memorandum of understanding (MoU) in Abu Dhabi on March 15. The Central bank of the UAE and Reserve Bank of India will collaborate on various …

Posted on 16/03/2023

Most Gulf markets gain as fears about rapid Fed hikes, bank crisis ease

Most stock markets in the Gulf rebounded in early trade on Wednesday as concerns of a banking crisis eased, while U.S. inflation data came in line with expectations, improving the odds of a smaller …

Posted on 16/03/2023

UAE to invest $30 billion in South Korea over the next few years

South Korean FDI in the UAE totalled $2.2 billion up until the beginning of 2021, reflecting a 73 per cent growth compared to the beginning of 2013. These investments are mostly concentrated in …

Posted on 16/03/2023

UAE’s Fujairah needs to step up investments for new bunker fuels -execs

DUBAI, March 15 – UAE’s Fujairah must step up investments for storage and supply of new alternative fuels as these markets are still lacking traction at the world’s third-largest bunkering hub despite …

Posted on 15/03/2023

Dubai Police warn public against sharing OTP or bank details

The Dubai Police warned the public to be vigilant against fraudsters impersonating government or banks in phone scams aimed at obtaining financial information. The Force emphasised that no government …

Posted on 15/03/2023

Sheikh Maktoum and JPMorgan Chase president discuss bank’s expansion plans

Sheikh Maktoum bin Mohammed, Deputy Prime Minister, Minister of Finance and Deputy Ruler of Dubai, and the president and chief operating officer of JPMorgan Chase discussed plans to extend the reach …

Posted on 15/03/2023

Central banks of UAE and India join forces to boost financial products

Last month, the UAE Central Bank announced a programme to accelerate the digital transformation in the financial services sector, with initiatives spanning open finance and a new digital currency. The …

Posted on 15/03/2023

RBI, UAE central bank sign pact to enhance cooperation

Mumbai, Mar 15 (PTI) The RBI and the UAE central bank on Wednesday signed an agreement to enhance cooperation in various areas, including exploring interoperability of Central Bank Digital Currencies …

Posted on 15/03/2023

Driving in Dubai: Here’s why some residents are paying Dh8,000 for a drivers license package

Experts say some could actually save between Dh1,000 and Dh2,000 …

Posted on 15/03/2023

Central Bank of the UAE and Reserve Bank of India sign MoU to promote innovation in financial products and services

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is …

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