Tag: finance

Overall deposits from UAE resident rose due to an 8.4 percent increase in public sector deposits, a 2.4 percent increase in private sector deposits, and a 5.2 percent rise in non-banking financial …
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Total bank deposits increased by 1.5 per cent, rising from Dhs1,966.8bn at the end of November 2021 to Dhs1,996.5bn at the end of December 2021.
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UTC is already enhancing its capabilities to provide in-depth information about suspicious elements of invoices presented for financing. by A Staff …
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The initial public offering of Dubai-based district cooling provider Emirates Central Cooling Systems Corporation — better known as Empower — will happen “soon” but not in the current quarter, …
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The number of UAE employees who want to change their industry is on the rise for greener pastures as well as for better career growth opportunities. A new survey released by YouGov and Bayt.com …
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Dubai: Abu Dhabi Commercial Bank is the latest to sign up for the UAE Trade Connect platform, which is a consortium of local banks using blockchain to de-risk trade finance. The p …
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UAE’s stock exchange, Dubai Financial Market (DFM) has onboarded HSBC as the first international General Clearing Member (GCM).
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UAE’s First Abu Dhabi Bank (FAB) has embarked on the next step of its digital transformation journey by enhancing its digital platforms in a hybrid cloud environment with the support of IBM Consulting …
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For the first time, the UAE Cabinet has approved a number of new entry permits and visas that do not need a host or sponsor UAE opens borders with new job exploration visa, five-year tourist visa, and …
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The International Monetary Fund (IMF) on Monday revised upward the economic growth outlook for the UAE in 2022 and warned that damage from Russia’s invasion of Ukraine will set back global recovery …
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India’s economy is combating a price spiral, and markets too turn volatile Dubai: Inflationary rises in the Indian economy is starting hurt consumers and investors – with NRIs facing uncertain …
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Dubai is welcoming global crypto exchanges with open arms. Binance plans to bring crypto to the next generation. Restrictions in Asia and the West could drive crypto companies to the Middle East …
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Image Credit: Supplied Dubai: A Dubai-based woman was recently saved from falling victim to a new type of online banking fraud, largely because of her presence of mind and acting with caution.
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Dubai’s main share index was flat, after rising 1.7% in the previous week following Dubai Electricity and Water Authority’s (DEWA) stellar debut. DEWA shares were up 0.7%. Gains in the real estate …
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The rupee hit 20.82 against Emirati dirham on Monday morning Agencies file by A Staff Reporter Published: Mon 18 Apr 2022, 9:59 AM The In …
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Dubai: The Indian rupee recorded remittance-beneficial rates against the US dollar and the UAE dirham these past days, and forex analysts are flagging further currency weakness this week, giving hope …
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The IMF also projected a 2.5 per cent growth rate over the next five years till 2024. Meanwhile, the UAE Central Bank, last month, revised the country’s forecast upward by 0.4 per cent to 2.4 per cent …
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