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Tag: finance

Posted on 29/08/2022

Kick-start your business journey in Dubai with Radiantbiz

Dubai is a city of dreams, hustle, and vision. In 2022 H1, Dubai issued 45,653 new business licenses, an increase of 25 per cent as compared to last year. With its …
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Posted on 29/08/2022

Women investors in UAE increased nearly 20 percent since 2017: Saxo Bank

Since 2017, Saxo Bank has recorded an 18 percent increase in the share of women among its new trading clients in the UAE. “In the past five years, we have witnessed women increasingly becoming …
( read original story …)


Posted on 29/08/2022

Abu Dhabi’s SWFs in talks to join $500m Byju’s fundraise

Qatar fund was looking at 50% discount to $22 billion valuation; Co negotiating equity option or structured pre IPO placement investment at 20% discount to $22 bn valuation, FY21 audited results key.
( read original story …)


Posted on 28/08/2022

UAE debt statute of limitations

The UAE economy was suffering badly even before the pandemic according to many experts. This 2018 article explains how the desert country got it s …
( read original story …)


Posted on 28/08/2022

UAE debt statute of limitations

The UAE economy was suffering badly even before the pandemic according to many experts. This 2018 article explains how the desert country got it s …
( read original story …)


Posted on 28/08/2022

Emirati women play a vital role in UAE’s financial and banking sector

Emirati women accounted for 32 per cent of participants in Emirates Institute for Banking and Financial Studies’ training courses.
( read original story …)


Posted on 28/08/2022

Why UAE residents don’t have enough savings despite paying little to no taxes

Most banking products do not engage with their young households in a way that could excite them. Savings need to be more rewarding than accumulating debt,” says Purvi Munot, Founder and CEO Sav Money.
( read original story …)


Posted on 28/08/2022

UAE: Will My Bank Compensate Me For Money Lost In Scam Call?

Question: I lost some money from my bank account after responding to scammers. Is the bank liable to return the cash to me? If not, what options do I have to recover the lost money? Response: Pursuant …
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Posted on 27/08/2022

UAE stocks gain AED8.3 bn Friday

Realty and banking blue chips accounted for the lion’s share of transactions that amounted to more than 14,700 worth around $455mln over 353.7mln shares …
( read original story …)


Posted on 27/08/2022

UAE stocks gain Dh8.3 billion on Friday

Realty and banking blue chips accounted for the lion’s share of transactions that amounted to more than 14,700 worth around Dh1.67 billion over 353.7 million shares.
( read original story …)


Posted on 27/08/2022

UAE stocks gain Dh8.3b, driven by realty, banking, telecom

The UAE financial markets on Friday posted gains of Dh8.3 billion, driven by gains in the realty, banking and telecom sectors and cash inflows by both institutions and individuals. Realty and banking …
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Posted on 27/08/2022

UAE Likely To Support OPEC Oil Production Cuts

The top Saudi oilman said that OPEC+ was ready to cut production at any time in any form if it believes it would bring stability to the “schizophrenic” oil market. “Markets can’t reflect the realities …
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Posted on 26/08/2022

GBE Brokers secures lucrative presence with new Dubai office

Cyprus-based and BaFin regulated platform GBE Brokers has opened a new office in Dubai as it seeks to focus on providing customizable liquidity solutions to the region’s diverse clientele.
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Posted on 26/08/2022

New UAE employee insurance 2022: When do employers need to put in a bank guarantee?

MOHRE may deduct any amounts from a bank guarantee in the following instances: a) Expenses for repatriation of an employee to his or her place of origin or any other place agreed …
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Posted on 26/08/2022

Abu Dhabi bourse tracks oil prices higher; Dubai flat

Abu Dhabi’s stock market ended higher on Friday amid rising oil prices, although the Dubai index snapped two sessions of gains to finish flat.
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Posted on 26/08/2022

Mideast Stocks: Abu Dhabi bourse tracks oil prices higher; Dubai flat

Abu Dhabi’s stock market ended higher on Friday amid rising oil prices, although the Dubai index snapped two sessions of gains to finish flat. In Abu Dhabi, equities gained 0.6%, led by a 1.4% rise in …
( read original story …)


Posted on 26/08/2022

Abu Dhabi Commercial Bank hires banks for debut green bonds sale, says report

Abu Dhabi Commercial Bank, BofA Securities, JPMorgan, Mizuho and SMBC Nikko join them as joint lead managers and book runners. The banks will arrange a series of investor meetings starting on Monday.
( read original story …)


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