Provided by The National Sanjay Shah is accused of tax fraud by Danish authorities. Antonie Robertson / The National . Authorities in Denmark have been asked by the Dubai Court …
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Dubai property market deals reach $354 million on Thursday
The first week of this month saw residential property deals in the emirate hitting very high levels – AED 3 billion, AED 2.4 billion and AED 1.8 billion on September 6, 5 and 1, respectively Dubai …
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The Role Of Digital Banking In Bolstering The UAE’s SMEs
It not only enables banks to offer the quick, convenient banking that SMEs are looking for, but also for them to provide support and guide on more than just financial matters, but also HR, legal and …
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Emirates NBD Securities’ new platform to enable ‘instant’ trading on Dubai stock market
Emirates NBD, which is the emirate’s biggest lender, will allow customers to instantly acquire a DFM investor number (NIN) and Emirates NBD Securities brokerage account Emirates NBD Securities’ new …
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Dubai records over $354mln in realty transactions Thursday
DUBAI: Dubai real estate market recorded 372 sales transactions worth AED1.04 billion, in addition to 76 mortgage deals of AED148.6 million, and 28 gift deals amounting to AED169.89 million on …
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‘Close friend, global icon’: UAE leaders mourn Queen Elizabeth II, pay tributes
The UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, extended his sincere condolences to the family of Queen Elizabeth II and the people of the UK. Calling her a “close friend of the …
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UAE, world leaders offer tributes to Queen Elizabeth II
A respected figure across the globe, Queen Elizabeth II acceded to the throne on February 6, 1952. UAE President, Sheikh Mohamed bin Zayed Al Nahyan, offered his condolences and hailed the Queen as a …
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Dubai International Financial Centre records strong growth in H1 2022, reaffirming Dubai’s status as a global financial hub
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, delivered robust growth in the first half of 2022. The Centre …
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I’m trapped in Dubai jail for crime I didn’t commit – guards kick my head like a football & I have to drink toilet water
A BRIT grandad trapped in a Dubai jail has told of the horror conditions as he claimed guards kick his head “like a football” and he has to drink toilet water to survive. Albert …
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UAE: Stocks gain Dh10 billion on Wednesday
The UAE financial markets on Wednesday posted gains of more than Dh10 billion in market cap driven by upbeat sentiments at the realty, banking and telecom sectors, and cash inflows by institutions and …
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Dubai records over $517mln in realty transactions on Wednesday
DUBAI – Dubai real estate market recorded 508 sales transactions worth AED1.15 billion, in addition to 83 mortgage deals of AED737.29 million, and 21 gift deals amounting to AED84.81 million on …
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Ministry of Finance holds Government Financial Policy Coordination Council’s second meeting for 2022
The Ministry of Finance (MoF) held today the Government Financial Policy Coordination Council’s second meeting of 2022. His Excellency Younis Haji Al Khoori, Undersecretary of MoF and Chairman of the …
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UAE-based Fintech Ziina expands into Jordan
Having launched their digital wallet in February 2022, and their proprietary payment keyboard, the Ziiboard, just this month, the Jordanian expansion is the latest milestone in a rapid succession of i …
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UAE’s TruKKer Raises $100 Million in Final Funding Round Ahead of IPO
TruKKer, a UAE-based freight logistics company, has raised $100 million ahead of a planned Initial Public Offering (IPO). According to Bloomberg, the …
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Trukker raises $100m to accelerate growth ahead of planned IPO
The Series C late-stage growth funding round was led by Bahrain-based alternative investment company Investcorp with a $51m investment, Trukker said on Wednesday. Abu Dhabi’s Mubadala Investment …
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Dubai cuts plastic bottle use by over 3.5 million in six months
Dubai Islamic Bank, DMCC, Dubai Holding, Dubai Festival City, Dubai Municipality, Dubai World Trade Centre, Electrolux, Emirates NBD, Emaar, Etisalat, Goumbook, Gulf Marketing Group, Grundfos, Huawei, …
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UAE banks’ assets exceed $237bln in June
The UAE’s money supply aggregate M1 went up by 2.30% to $198bln at the end of June this year UAE – The gross assets value of the UAE-based lenders inched up by 0.20% month-on-month (MoM) to AED 3.449 …
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