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Tag: finance

Posted on 07/10/2022

UAE: Help! My credit card got hacked and I lost Dh23,000 plus

Regarding the transaction, they asked me to fill a dispute form and email it to their help desk, which I did. Emirates Islamic has returned only Dh15,314.83 to my credit card account on June 20, and …
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Posted on 07/10/2022

UAE investors can ‘mobilise $100bn for sustainable investing’

About 38 per cent of investors in the UAE cited climate change and carbon emissions as their top ESG priority, a Standard Chartered report said. . Ret …
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Posted on 07/10/2022

Dubai records over $539mln in realty transactions on Thursday

DUBAI: Dubai real estate market recorded 418 sales transactions worth AED 1.29 billion, in addition to 92 mortgage deals of AED659.9million, and 13 gift deals amounting to AED34.74 million on Thursday …
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Posted on 07/10/2022

United Arab Emirates Embedded Finance Markets Databook 2022: 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments, 2020-2029

The “United Arab Emirates Embedded Finance Business and Investment Opportunities Databook – 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q1 2022 Update” report has been …
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Posted on 06/10/2022

UAE’s retail investors can raise Dh367b for ESG funding

A new research by Standard Chartered also identified over Dh30 trillion of investable retail wealth that could be channelled into sustainable investments by 2030 to …
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Posted on 06/10/2022

UAE’s top bank FAB in market with 5-year green bonds

First Abu Dhabi Bank has given initial price guidance of 145-150 basis points over U.S. Treasuries for five-year dollar-denominated green bonds expected to price on Thursday, a bank document showed.
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Posted on 06/10/2022

ADIB joins e& enterprise Blockchain platform “UAE Trade Connect”

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced today that it has become an official member of UAE Trade Connect (UTC). As part of the membership agreement, this partnership …
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Posted on 06/10/2022

Is Dubai kissing goodbye to banking?

And where previous cuts have seen junior bankers shown the door, the recent round has included directors and, in Nomura’s case, the head of its investment banking operations in Dubai. The recent …
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Posted on 06/10/2022

Digital first bank, Emirates NBD marks presence at world’s largest tech show, GITEX Global 2022

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region has announced its presence at GITEX Global (GITEX), the …
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Posted on 06/10/2022

Retail investor capital presents AED 367bln growth opportunity for sustainable investing in the UAE

Retail investors could be the key to unlocking finance for Environmental, Social and Governance (ESG) priorities if barriers are addressed …
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Posted on 06/10/2022

Dubai records over $436mln in realty transactions on Wedensday

DUBAI: Dubai real estate market recorded 401 sales transactions worth AED 1.4 billion, in addition to 91 mortgage deals of AED 156.13 million, and 19 gift deals amounting to AED49.85 million on …
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Posted on 06/10/2022

UAE: 4 instances when Indian nationals can get a visa on arrival

Citizens of Gulf countries don’t need a visa to enter the UAE, while over 70 nationalities can get a visa on arrival in the …
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Posted on 06/10/2022

Dubai homes built on cryptos a legal trap

With the Reserve Bank of India (RBI) imposing a shadow ban on cryptos and the finance ministry almost taxing the asset to death, many high net-worth individuals (HNI) investors have moved their …
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Posted on 05/10/2022

Saudi Arabia’s PIF expected to raise $2.5-2.75 bln with debut bonds

REUTERS/Ahmed Yosri/File Photo DUBAI, Oct 5 (Reuters … Middle East Most Gulf markets in red ahead of OPEC+ meet, article with image 1:49 PM UTC Markets Hedge funds suffer $32 bln of outflows in Q2 …
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Posted on 05/10/2022

Ajman Bank Signs Agreement with VaultsPay to Implement Innovative Payment Solutions

Ajman Bank has signed a partnership agreement with VaultsPay, a UAE Fintech Company to build and implement a highly innovative payments value proposition for businesses and individuals in the UAE.
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Posted on 05/10/2022

Thai inflation rate slows in September, central bank seen hiking further

People wearing face masks shop for street food in Chinatown amid the spread of the coronavirus disease (COVID-19) in Bangkok, Thailand, January 6, 2021. REUTERS/Athit Perawongmetha …
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Posted on 05/10/2022

Burjeel raises over $300 million in oversubscribed IPO, driven by ‘strong demand’

The IPO saw a strong demand from investors in the UAE, and the company sold over 550.7 million shares at a share price of AED2 Burjeel raises over $300 million in oversubscribed IPO, driven by ‘strong …
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