Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, yesterday headed the UAE delegation participating in the 117th meeting of the GCC Financial and Economic Cooperation Committee, …
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Ajman Bank signs agreement with VaultsPay
Mr. Mohamed Amiri, Chief Executive Officer, Ajman Bank, said, “We are glad to collaborate with VaultsPay as part of our ongoing commitment to strengthen the payments infrastructure with the most …
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UAE: ADIB Amwali sees rapid growth in the first year of its operation
When Amwali was first introduced in August 2021, it was intended to empower youth to develop financial management skills early in life. Over the past year, ADIB witnessed that youth are inclined …
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UAE: Is it profitable to buy physical gold or put my money in gold-tracked investments?
Apart from buying physical gold, investors have options like gold bond, ETF or mutual fund Gold investment is … Image Credit: Shutterstock Dubai: Gold investment is a traditional form of …
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Hospital operator Burjeel sets IPO price at low end, to raise $300 mln
Abu Dhabi-based hospital operator Burjeel Holdings said on Wednesday it expected gross proceeds of about 1.1 billion dirhams ($299.51 million) from its initial public offering, after it set the share …
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Burjeel IPO: UAE healthcare provider raises $300m from oversubscribed offering
Victor Besa / The National A medic at Burjeel Hospital in central Abu Dhabi holds a dose of a vaccine developed by Chinese drug maker Sinopharm. Victor Besa / The National . Ab …
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UAE non-oil economy activity levels increase amid robust demand growth
The UAE economy continues to record strong growth, with its non-oil sector expanding despite a global slowdown. AFP . The UAE …
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Former Lebanese ambassador holds sit-in at Beirut bank amid new wave of heists
Brazil and the UAE and is currently the honorary consul of Ireland in Lebanon – is refusing to leave the bank in Hamzieh after the branch declined to give the diplomat the usual amount he withdr …
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Dubai Financial Market welcomes IPOs raising over $56bln in 9 months
Dubai – The Dubai Financial Market (DFM) welcomed new initial public offerings (IPOs) worth AED 208.20 billion ($56.70 billion) during the first nine months (9M) of 2022. These IPOs aim to support …
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UAE participates in 117th meeting of the GCC Financial and Economic Cooperation Committee
His Excellency Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, headed the UAE delegation …
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Al Ansari Exchange updates physical branches amid IPO buzz
One key revamp is installing smart counters where customers no longer have to speak to a human teller Al Ansari Exchange updates physical branches amid IPO buzz Al Ansari Exchange, Al Ansari Exchange …
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Dubai Financial Market plans to adopt new index methodology during Q4 2022
The exchange indices are to be calculated by S&P Dow Jones Indices Dubai Financial Market plans to adopt new index methodology during Q4 2022 DFM, DFM equity market, DFM General Index, DFM sector …
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London Lord mayor keen to strengthen UAE- UK ties in financial, professional services sector
The UK is focusing on the Green Finance Agenda and is really looking forward to the work done in the Emirates around the moves towards net zero …
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IsDB provides $165.63bn finance to development projects
He talked about the close relationship between the IsDB and the UAE, which is one of the bank’s founding countries and a major stakeholder. Below is an excerpt from the interview: What are your …
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UAE five-year multi-entry visa requires $4,000 bank balance
Now you can visit the UAE again and again under one visa. Discover the UAE multi-entry tourist visa. Here’s all the info on the costs, rules and regulations.
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Dubai leads major Gulf bourses higher
Major stock markets in the Gulf registered strong gains in early trade on Tuesday, tracking Asian shares and oil prices higher, with Dubai bourse leading the gains on prospect of changes in indices.
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Dubai records over $381mln in realty transactions on Monday
The sales included 360 villas and apartments worth $222.73mln, and 25 land plots worth $69.92mln DUBAI – Dubai real estate market recorded 385 sales transactions worth AED 1.04 billion, in addition to …
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