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Tag: finance

Posted on 12/09/2022

New PPP law will help UAE achieve sustainable, competitive-economy based on knowledge: CEO of Etihad Credit Insurance

“Etihad Credit Insurance is committed to and has been rolling out initiatives that encourage the private sector to engage in developmental and economic projects” …
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Posted on 12/09/2022

Dubai lender Emirates Islamic launches bank account dedicated to female entrepreneurs

The account is curated to cater and support UAE women entrepreneurs and business owners Dubai lender Emirates Islamic launches bank account dedicated to female entrepreneurs banking industry, …
( read original story …)


Posted on 12/09/2022

Living in the UAE? This is how the transition from the previous labour laws affect your gratuity

Since the UAE implemented a new labor law, Federal Decree-Law No. 33 of 2021, many changes have been made to the laws governing employment relationships between employers and employees in the private …
( read original story …)


Posted on 12/09/2022

UAE fintech launches paperless Direct Debit Marketplace for recurring payments

The platform will allow payers and merchants to conduct recurring payments, such as school fees, insurance, rent, gym memberships, and any other subscription-based service UAE fintech launches …
( read original story …)


Posted on 12/09/2022

Salik launches IPO – but what does this mean for drivers in Dubai?

Back in June, the Roads and Transports Authority (RTA) converted Salik into a public joint stock company. On September 5, the Government of Dubai announced that the first batch of shares in Salik – …
( read original story …)


Posted on 12/09/2022

Hedge-Fund Trader Shah Won’t Be Extradited to Denmark, AP Says

Most Read from BloombergRussian Defenses Crumble as Ukraine Retakes Key TerritoryThe World’s Hottest Housing Markets Are Facing a Painful ResetRussia Confirms Flight of Troops From Ukraine’s Kharkiv …
( read original story …)


Posted on 12/09/2022

Emirates NBD showcases pioneering vision for future of banking with the launch of API developer portal

Launch of API developer portal reaffirms the bank’s commitment to digital transformation and reinforces its position as a regional leader in banking innovation …
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Posted on 12/09/2022

John Porter joins Dalma Capital to Lead its Investment Banking Practice from Dubai

Dalma Capital announces today that John Porter has joined the firm to head its Investment Banking Advisory practice. Porter spent his over 25-year career at Morgan Stanley and Renaissance Capital, …
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Posted on 12/09/2022

New Salik toll gates in Dubai could launch as company looks to boost revenue

The company operating Dubai’s Salik toll gates is set to sell its shares on the DFM, increasing the likelihood that the firm will look for new ways to increase revenue, revive branding efforts, ahead …
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Posted on 12/09/2022

Ajman Bank To Launch World’s First Mastercard Touch Card, Driving Inclusion Across UAE

Distinctive notches on the Touch Card allow blind and partially sighted people to easily distinguish card DUBAI, UAE: Maste …
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Posted on 11/09/2022

Mortgage financing, vertical developments can resolve Pakistan’s housing shortage

With growing population, Pakistan is facing a serious issue of housing shortage that can only be resolved by introducing vertical developments and promoting mortgage facility to ease financial woes of …
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Posted on 11/09/2022

No decision yet on expanding Dubai’s Salik toll gates after IPO announcement

Salik has no immediate plans to expand the number of gates in Dubai, its chairman has said. The company — which is exclusively authorised to operate, manage and develop the traffic toll system in …
( read original story …)


Posted on 11/09/2022

UAE economy surpasses pre-pandemic levels

The UAE has surpassed the pre-pandemic levels in many economic indicators and is first in the world in terms of security and safety and infrastructure, His Highness Sheikh Mohammed bin Rashid Al …
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Posted on 11/09/2022

Dubai Electricity and Water Authority PJSC intends to distribute cash dividends of over $843mln for H1 2022

This is intended to be paid to the Company’s eligible shareholders in October 2022 DUBAI – Dubai Electricity and Water Authority PJSC (DEWA or the Company), the Emirate of Dubai’s exclusive …
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Posted on 11/09/2022

UAE: Finwin Commercial Brokers and Siraj Finance ink MoU

Backed up with a team of expert financiers and corporate leaders, FCB is the brain child of Faroon Hamim, group chairman at Finwin Group. Rusan Fyroze, CEO at Siraj Finance PJSC, board member and …
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Posted on 11/09/2022

British multi-millionaire hedge fund manager, 52, asks UAE judges not to extradite him to Denmark weeks after he was arrested in Dubai over £1.3billion tax fraud

A British multi-millionaire hedge fund manager has asked UAE judges not to extradite him to Denmark months after he was arrested in Dubai over £1.3 billion tax fraud. Sanjay Shah’s lawyer …
( read original story …)


Posted on 10/09/2022

UAE to assemble luxury Electric Vehicles

The Dubai International Financial Centre-based company is planning to raise $10 million on an exclusive equity finance engagement to develop Falak Motors in the UAE.. UAE to assemble luxury Electric …
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