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Tag: finance

Posted on 05/04/2022

Is It Necessary To Close Bank Account In Uae?

Even if you are not planning on returning to the UAE any time soon, it would be a good idea to close your account. The requirement that you visit the bank and request the closure of your account …
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Posted on 05/04/2022

How To Check Uae Central Bank Blacklist?

Providing economic growth for the UAE and its people relies on efficient, effective supervision that promotes financial and monetary stability while fostering resilience and efficiency within the …
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Posted on 05/04/2022

Do Other Countries Want To Invest In Uae?

Almost 70 percent of Dubai’s inward investment in 2016 came from these five countries alone. FDI from the UK, France, and the US flows into the countries ranked as follows; Saudi Arabia and India …
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Posted on 05/04/2022

In a positive development, UAE rolls over $2 billion debt for Pakistan

ISLAMABAD: In a positive development, United Arab Emirates government has decided to roll over $2 billion debt for Pakistan for one year time.
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Posted on 05/04/2022

How Are Cabinet Ministers Elected In Uae?

What Is The Cabinet In The Uae? In United Arab Emirates, the Cabinet is its chief executive body, known as the Council of Ministers. The UAE has 12 heads of government, divided in …
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Posted on 05/04/2022

Dubai indoor cricket tournament a great success as UAE teams win

England, South Africa and hosts Emirates Indoor UAE participated in the tournament. The tournament, featuring three categories, was a huge boost for indoor cricket in the UAE. Emi …
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Posted on 05/04/2022

Dubai Crown Prince, Dubai Deputy Ruler attend signing of MoUs between World Government Summit Organisation, strategic partners

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Co …
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Posted on 05/04/2022

Mohammed bin Rashid issues Law regulating provision of digital services in Dubai

In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and P …
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Posted on 05/04/2022

How Many Branches Of Mashreq Bank In Uae?

Where Can I Deposit Cash In Mashreq Bank? With our Bulk Cash and Cheque Machines (BCCDM’s) Mashreq’s Bulk Cash and Cheque Deposit offer has now become available at all of Mash …
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Posted on 04/04/2022

Which Bank Is Best In Uae?

Which Bank Is Safest In Uae? First Abu Dhabi Bank (FAB) has been named the “Safest Bank in the Middle East” at the Global Finance magazine Best Banks Awards for a second conse …
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Posted on 04/04/2022

Dubai water and power utility defies global IPO gloom

Dubai’s main power and water utility is defying a global IPO gloom, with its listing poised to be the largest in Europe, the Middle East and Africa since Saudi Aramco’s in 2019.
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Posted on 04/04/2022

11 reasons to invest in the UAE

The UAE is one of the few countries that runs on smart economy, has a low crime rate, a high safety index, no personal taxes and 100 per cent foreign ownership in major industries …
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Posted on 04/04/2022

UAE banking sector pivots to new resilience mechanisms to spur growth

The UAE’s financial services sector is poised for growth in 2022 amid sweeping economic and fiscal reforms on the back of improved infrastructure and digital trends. The banking sector, following a …
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Posted on 04/04/2022

Dubai Financial Services Authority signs MoU with Central Bank of Mauritius

The MoU places an emphasis on technologies pertinent to financial services, regulation and supervision, to facilitate a more efficient and effective delivery of …
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Posted on 04/04/2022

UAE Banking Sector Poised for Growth in 2022, Amid Economic and Fiscal Reforms: KPMG Report

The top 10 UAE banks reported a 5 percent year-on-year increase in total assets worth AED 2,989 billion in 2021, and an increase of 42 percent i …
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Posted on 04/04/2022

UAE’s Landmark Group signs first sustainability-linked loan

Benefits from sustainable financing to be deployed towards sustainable initiatives Dubai: UAE’s Landmark Group signed its first sustainability-linked loan as the company looks to transition towards …
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Posted on 04/04/2022

UAE banks reap the DEWA IPO windfall, and there are more coming

UAE banks that have a significant share of funding … for future IPOs,” said the chief financial officer of a local bank. A surge in IPOs is expected to give a big boost to the loan margins …
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