The CEOs Consultative Council of UAE Banks Federation (UBF), the umbrella body representing banks operating in the UAE and the unified voice for the UAE banking sector, held its first meeting under …
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UAE- based Digital Banking Start-up Raises $41mn
Dubai: A United Arab Emirates-based digital bank YAP raised $41 million and is planning on expanding into Saudi Arabia with the help o..|News Track …
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Dubai-based digital banking start-up YAP raises $41mln for expansion
Dubai-based start-up YAP, which operates a digital banking app, has raised $41 million to fund its expansion in the Middle East, Africa and South Asia. The new investment came from Saudi Arabia’s …
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UAE digital banking app YAP raises $41m to expand into new markets
UAE-based financial technology start-up and digital banking app YAP has raised $41 million as it seeks to expand into new markets and enhance its technology offerings. The funding round was led by …
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Dubai fintech YAP secures $41m led by Saudi Arabia’s Aljazira Capital
YAP has received regulatory clearance from Pakistan and will soon launch in Egypt Dubai: The digital banking focused fintech YAP has raised $41 million in additional funds from investors such as …
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Banking focussed fintech YAP secures $41m led by Saudi Arabia’s Aljazira Capital
YAP has received regulatory clearance from Pakistan and will soon launch in Egypt Dubai: The digital banking focused fintech YAP has raised $41 million in additional funds from investors such as …
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Digital banking start-up YAP raises $41 mln, to expand into Saudi Arabia
United Arab Emirates-based digital bank YAP said on Monday it had raised $41 million and plans to expand into Saudi Arabia through a partnership with a traditional bank in the kingdom.
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UAE: 7 ways to protect your money during inflation, tide over the looming financial crisis
Sustained high inflation also harms your family’s financial future. Healthcare and higher education costs typically rise much more than general inflation. Thus, you need to save more for them. High …
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UAE’s TECOM Group garners over $462mln through IPO
TECOM Group, a subsidiary of the state-owned Dubai Holding Group, has announced that it raised AED 1.7 billion through its initial public offering (IPO) on the Dubai Financial Market (DFM), Reuters …
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UAE, Indonesia pact could see trade rise from $3 billion to $10 billion within five years
The economic partnership is tailored to drive trade across healthcare, transportation, education, telecommunications, construction and Islamic finance UAE, Indonesia pact could see trade rise from $3 …
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Lack of investor education threatens future of SPACs in the UAE, experts say
The rise of IPOs in the UAE, however, is driving the local equity markets to gain international standing Lack of investor education threatens future of SPACs in the UAE, experts say Abu Dhabi …
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UAE Inks Economic Pact to Boost Trade With Indonesia
The United Arab Emirates signed a wide-ranging economic pact with Indonesia which will eliminate tariffs and boost bilateral trade. Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It …
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Hedge Fund Millennium Taps UBS’s Cooper in Dubai Expansion
Sign up for our Middle East newsletter and follow us @middleeast for news on the region.Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysStock Doomsayers Vindicate …
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UAE’s new digital bank sets up Board, with Mohamed Alabbar as Chairman
Dubai: Ahead of its imminent launch, one of the UAE new digital banks Zand has constituted its Board of Directors, led by Mohamed Alabbar of Emaar and noon. The Chief Commercial Officer of Emirates, …
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UAE: Transfer of Dh1,500 for credit card payment through bank app went missing, complains reader
I made a credit card payment of Dh1,500 through the Emirates NBD (ENBD) bank app on April 21. The transaction however did not go through. I visited the branch to find out about this and was told to …
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Do NRIs need to close their non-resident bank accounts after moving back to India?
In order to continue transacting back home, there have often been queries among Non-Resident Indians (NRIs) surrounding their non-resident bank accounts, particularly their NRE accounts. What are NRE …
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Blockbuster DEWA, Tecom listings make Dubai a bright spot in global IPO landscape
Tecom’s offer was oversubscribed 21 times, while DEWA generated interest 37 times over Dubai: Tecom Group, the operator of Dubai’s ‘new economy’ business clusters, raised Dh35.4 billion through an …
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