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Tag: finance

Posted on 22/08/2022

Dubai government’s investment vehicle reaped solid profits in H1 2022

The strength of the container trade in the global markets is believed to be increasing as the effects of the pandemic are slowly subsiding …
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Posted on 22/08/2022

UAE’s Al Ansari Exchange picks banks for Dubai listing

Al Ansari Exchange was set up almost 60 years ago and currently has over 200 branches in the UAE, making it one of the largest exchange companies in the country. In addition to ex …
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Posted on 22/08/2022

Indian rupee dips further, should expats in UAE remit now?

Analysts are veering towards the opinion that an entry by RBI (Reserve Bank of India) to halt the rupee slide will more likely if it hits 81 to the dollar. The current rupee-dolla …
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Posted on 22/08/2022

UAE vice president: non-oil trade at 1.58 trillion Dirhams in H1/22

The United Arab Emirates non-oil trade hit 1.58 trillion Dirhams in the first half of 2022, climbing by 17% from same period last year, the gulf country’s vice president said on Monday in a tweet.
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Posted on 22/08/2022

Ex-pats return UK to find woman in their home who ‘won’t leave’

A DESPERATE couple with two young children have been left “homeless” after returning to their front door after living abroad to find their tenant was yet to move out.
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Posted on 22/08/2022

UAE: Gold prices hit over 3-month low; 22K below Dh200 per gram

In the UAE, the 24K price fell to Dh211.25 per gram on Monday morning … In the latest Fed commentary, James Bullard, president of St. Louis Fed Bank, said he is considering support for a third …
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Posted on 22/08/2022

Overview of Islamic Finance Development in UAE

His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Ruler of Dubai, unveiled the ‘Capital of the Islamic Economy’ initiative, a groundbreaking, all-encompassing vision to furthe …
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Posted on 22/08/2022

Indian rupee dips to 21.74/Dh, but UAE’s Indian expats should wait longer on remittance plans

Image Credit: Shutterstock Dubai: The Indian rupee has started the … Analysts are veering towards the opinion that an entry by RBI (Reserve Bank of India) to halt the rupee slide will more …
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Posted on 22/08/2022

Parents left homeless after returning from Dubai to find tenant ‘won’t leave’

A couple who are parents to two young children have been left ‘helpless and homeless’ after returning home to their property they were renting out to find the tenants had not left. It has left Carna …
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Posted on 22/08/2022

Dubai looks to restart mothballed luxury developments for wave of wealthy incomers

Dubai developers are dusting off plans for long-dormant projects as demand for luxury property surges from a wave of wealthy new arrivals to the Gulf city-state. State and government-related real …
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Posted on 21/08/2022

UAE: Can a travel ban be imposed over unpaid loans, credit card dues?

Under what circumstances can a travel ban be imposed on me over outstanding loans and credit card dues? How do I find if I have a travel ban? Response: Pursuant to you queries, it is assumed that you …
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Posted on 21/08/2022

Standard Chartered Appoints Ayesha Abbas as UAE Head Of Consumer, Private And Business Banking

Private and Business Banking, UAE. In this role, Ayesha will “report to Rola Abu Manneh, Chief Executive Officer, Standard Chartered, UAE and Bongiwe Gangeni, Regional Head, CPBB, MENA and Europe.” …
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Posted on 20/08/2022

Egypt: Sale of state assets to Saudi and UAE wealth funds divides opinion

As Cairo pushes privatisation to mitigate economic setbacks, the motives of Arab states investing billions of dollars are being questioned …
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Posted on 20/08/2022

UAE: Abu Dhabi Securities Exchange tops Arab region in market value increase

The Abu Dhabi Securities Exchange (ADX) was the leading Arab financial market in terms of performance last week, as its index surged by 3.6 per cent, and its market value by 3.03 per cent, according …
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Posted on 20/08/2022

4C Mortgage expands its operations in the Capital

Dubai: 4C Mortgage Consultancy, a Dubai based leading mortgage consultancy opened its first branch office in the Abu Dhabi. The opening was witnessed by the company’s top management and senior …
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Posted on 20/08/2022

StanChart names UAE consumer, private banking head

private and business banking, UAE (CPBB UAE). In this role, Ayesha will report to Rola Abu Manneh, Chief Executive Officer, Standard Chartered, UAE and Bongiwe Gangeni, Regional Head, CPBB …
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Posted on 20/08/2022

The Crypto Geniuses Who Vaporized a Trillion Dollars

Her buyers, Su Zhu and Kyle Davies, two Andover graduates who ran a Singapore-based crypto hedge fund called Three Arrows Capital, never got the chance to spray Champagne across Much Wow’s bow.
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