A week away from reporting the third quarter results, bankers and anlysts have indicated that the profits for the sector is under pressure from rising non-performing loans linked to COVID-related job …
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The Unemployed Trader Who Became a $700 Million Exile
When Sanjay Shah lost his job during the financial crisis more than a decade ago, he was one of thousands of mid-level traders suddenly out of work.
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Sanjay Shah: The unemployed trader who found himself in a $700-mn exile
Sanjay Shah’s dividend-trading fund made him rich but reviled.Fueling his ascent were what he maintains were legal, if ultimately controversial, Cum-Ex trades …
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British businessman Sanjay Shah amasses $700 million in exile. Here’s all you need to know about him
Here’s a look at the key details of Sanjay Shah’s profile who has been accused of dividend tax fraud in Denmark since 2015, which caused the country loss of 12.7 billion krone ($2 billion).
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The Unemployed Trader Who Became a $700 Million Cum-Ex Exile
When Sanjay Shah lost his job during the financial crisis more than a decade ago, he was one of thousands of mid-level traders suddenly out of work.
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DFM announces launch of new equity derivatives platform
Dubai Financial Market (DFM) on Tuesday announced that it has … enabling investors to diversify and hedge their portfolios and access leverage. The platform will be launched in October 2020, …
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Video: Starzplay’s middle east growth and expansion plans
The CEO of Dubai-based online streaming platform Starzplay … However, he admitted this will not accelerate plans for an IPO. He said: “IPO is definitely our ambitious goal, but we’re also perhaps …
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The unemployed trader who became a $700-mn Cum-Ex-exile
When Sanjay Shah lost his job during the financial crisis more than a decade ago, he was one of thousands of mid-level traders suddenly out of work.Shah didn’t take long to get back into the game, set …
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Dubai Department of Finance partners with UAE Central Bank to facilitate fee payments
The Dubai Department of Finance (DoF) and Central Bank of the UAE (CBUAE) have signed a Memorandum of Understanding (MoU) aimed at facilitating the payment of fees owed by consumers of Dubai …
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Starzplay CEO says IPO plan ‘up to three years away’ despite subscriber surge
Maaz Sheikh says recent subscriber success at Dubai-based online streaming platform will not accelerate plans to go public …
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Dubai Department of Finance signs MoU with Central Bank of the UAE to facilitate fee payments
Dubai: The Dubai Department of Finance (DoF) and Central Bank of the UAE (CBUAE) have signed a Memorandum of Understanding (MoU) aimed at facilitating the payment of fees owed by consumers of Dubai …
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Majority of UAE bank customers will switch banks for better offers
Majority of bank customers in the UAE are willing to switch to banks that meet their needs according to a new sturdy by Boston Consulting Group (BCG). The expectations of consumers across the UAE in …
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Dubai Dubai Department of Finance signs MoU with Central Bank of the UAE to facilitate fee payments
Dubai: The Dubai Department of Finance (DoF) and Central Bank of the UAE (CBUAE) have signed a Memorandum of Understanding (MoU) aimed at facilitating the payment of fees owed by consumers of Dubai …
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‘UAE consumer banking demands changing’
The expectations of consumers across the United Arab Emirates in the banking sector is rapidly evolving, even more so with the pervasiveness of the COVID-19 crisis, according to new research announced …
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UAE Central Bank partners with Dubai Department of Finance to facilitate user payments
The Central Bank of the UAE joined forces with Dubai’s Department of Finance to help the latter digitally process the fee payments owed by the consumers of Dubai government entities. As part of the …
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CBUAE and DoF to facilitate Dubai fees payment
The Dubai Department of Finance (DoF), and Central Bank of the UAE (CBUAE), have signed a Memorandum of Understanding, MoU, aimed at facilitating the payment of fees owed by consumers of Dubai governm …
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Abu Dhabi’s ADQ plans to establish, list a digital bank
FAB, which plans to transfer its licence for First Gulf Bank to ADQ, said it intends to own a 10% stake in the digital bank …
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