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Tag: finance

Posted on 19/08/2022

UAE bourses in red on weak oil, growth worries

Dubai’s main share index led stock markets in the United Arab Emirates lower on Friday, as oil prices fell on concerns about a global economic slowdown.
( read original story …)


Posted on 19/08/2022

Dubai Prices Skyrocket Less Than Year After Steep Deflation

Consumer prices in Dubai are increasing faster than in Singapore and approaching levels seen across much of Europe, capping a sharp reversal after almost three straight years of deep deflation.Most …
( read original story …)


Posted on 19/08/2022

Standard Chartered appoints UAE Head of Consumer, Private and Business Banking

Key focus on growing the Bank’s digital offering, wealth management and affluent proposition Dubai – Standard Chartered Bank (the Bank) announced today the appointment of Ayesha Abbas as Head of …
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Posted on 19/08/2022

Standard Chartered appoints Ayesha Abbas to lead the bank’s digital offering

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, Africa …
( read original story …)


Posted on 18/08/2022

Scottish judge urged to follow Irish colleagues in resigning from Dubai finance court

A retired Scottish judge has been urged to follow the example of Ireland’s former chief justice Frank Clarke and former High Court president Peter Kelly in resigning from the Dubai International …
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Posted on 18/08/2022

UAE intensifies training of central bank employees involved in risk-based supervision

The Central Bank of the UAE (CBUAE) has launched an advanced certification for risk-based supervision professionals for employees amid ongoing efforts to strengthen anti-money laundering framework.
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Posted on 18/08/2022

UAE Central Bank offers ‘Advanced Executive Certificate’ for its internal risk supervisors

The objective is to enhance the skills of Central Bank supervisors who examine licensed financial institutions in the UAE, within a risk-based supervisory framework. Since its launch in 2021, 46 UAE …
( read original story …)


Posted on 18/08/2022

Ministry of Finance: Customers Can Now Pay Government Services Fees Using the Various Payment Methods Accepted in the UAE

The Ministry of Finance announced today that customers can now pay government services fees using the various payment options accepted in the UAE. The m …
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Posted on 18/08/2022

Mubadala-Backed UAE Firm Sets Up $10 Billion Fund for Tech Deals

Sign up for our Middle East newsletter and follow us @middleeast for news on the region.Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesLiz Cheney Prepares …
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Posted on 17/08/2022

UAE: Now pay government fees using mobile payment apps or bank transfers

The Ministry of Finance announced on Wednesday that customers can now pay government services fees using the various payment options accepted in the UAE. The move comes in response to customers’ …
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Posted on 17/08/2022

Emirates NBD launches global call for metaverse start-ups to transform future of banking

Marking Emirates NBD’s first play in the metaverse, the accelerator programme positions the bank as a leader in the next phase of banking innovation …
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Posted on 17/08/2022

Dubai’s biggest lender looks to startups to join metaverse craze

The ten-week program, organised in partnership with Fintech Hive, will see startups pitch ideas around financial technology, which the bank could use to develop new metaverse-related products Dubai’s …
( read original story …)


Posted on 17/08/2022

Dubai’s biggest lender looks to startups to join metaverse craze

The ten-week program, organised in partnership with Fintech Hive, will see startups pitch ideas around financial technology, which the bank could use to develop new metaverse-related products Dubai’s …
( read original story …)


Posted on 17/08/2022

How do you decide when to change banks in UAE? Here are 4 signs that tell it’s time to leave your bank

Rising fees, high interest rates and other signs that you should be watching out for Get Breaking News Alerts From Gulf News We’ll send you latest news updates through the day. You can manage them any …
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Posted on 17/08/2022

Standard Chartered launches the region’s first transition trade finance facility

Standard Chartered Bank announced today the successful closure of the region’s first transition trade finance facility for Lafarge Emirates Cement LLC, one of the largest cement producers in the UAE …
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Posted on 17/08/2022

The Debt Panel: ‘Will my bank refund my savings of $12,250 that were lost in a scam?’

When the payment was made, I received an SMS from my bank informing me about a transfer of Dh45,000 to another account. I called my bank immediately to inform them of the scam. They promised to …
( read original story …)


Posted on 16/08/2022

Foreign investments in UAE stocks hit over $4 billion since start of 2022

The volume of investments are a result of the UAE’s continued efforts to attract foreign investors, followed by the strong performance of listed companies Foreign investments in UAE stocks hit over $4 …
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