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Tag: finance

Posted on 12/08/2022

Dubai: Top financial firms offer internships to celebrate International Youth Day

Several internships, sustainability programmes and other empowerment campaigns have been launched in Dubai to celebrate International Youth Day. The leadership at Century Financial has placed …
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Posted on 12/08/2022

American Attorney Convicted in UAE of Money Laundering Will Pay Fine – Lawyer

U.S. citizen and civil rights attorney Asim Ghafoor, who was convicted in the United Arab Emirates this week on money laundering charges, maintains his innocence but will pay the $1.36 million court …
( read original story …)


Posted on 12/08/2022

Payroll software Bayzat funded by UAE finance ministry fund

The Dubai-based HR and payroll software will use the funding to expand its workforce and to strengthen its technical development team Payroll software Bayzat funded by UAE finance ministry fund Bayzat …
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Posted on 12/08/2022

Dubai ruler becomes second largest investor in developer Emaar

Dubai’s Emaar Properties said on Thursday it had signed a deal with Dubai Holding, the investment vehicle of Dubai’s ruler, to acquire shares in their joint venture project for 7.5 billion dirham ($2.
( read original story …)


Posted on 12/08/2022

Prop-Tech Startup Lenddoo Says Now Is The Right Time To Refinance Your Mortgage

This article has been brought to you by Lenddoo.com, the UAE’s leading Prop-Tech Mortgage Company. Lenddoo services are 100% free of charge and h …
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Posted on 12/08/2022

UAE Banks Have Strong Buffers To Weather Severe Shocks: Central Bank

The UAE banking system has adequate capital and liquidity buffers to withstand severe shocks, the Central Bank of the UAE (CBUAE) said on Thursda …
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Posted on 11/08/2022

UAE banking system is robust, can withstand severe shocks: Central Bank report

Banks in the UAE have adequate capital and liquidity buffer to withstand severe shocks, the Central Bank said in a report on Thursday. The banking system also has a robust payment system that kept …
( read original story …)


Posted on 11/08/2022

UAE banks can ‘withstand’ severe shocks as global economy evolves: central bank

The national regulator conducted risk analyses through solvency and liquidity tests and supervision to “assess potential vulnerabilities UAE banks can ‘withstand’ severe shocks as global economy …
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Posted on 11/08/2022

UAE banking system can withstand adverse scenarios: Central Bank

The CBUAE projects real GDP growth to further increase to 5.4% in 2022, supported by higher economic activity and higher oil prices …
( read original story …)


Posted on 11/08/2022

UAE banking system can withstand adverse scenarios: Central Bank

The CBUAE projects real GDP growth to further increase to 5.4% in 2022, supported by higher economic activity and higher oil prices …
( read original story …)


Posted on 11/08/2022

UAE economic recovery to continue as financial system remains robust, Central Bank says

Provided by The National The Central Bank’s policies supported the resilience and recovery of the UAE’s financial sector. Photo: UAE Central Bank . Economic activity in the U …
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Posted on 11/08/2022

UAE firms begin offering Golden Visa to retain talent, attract highly-skilled individuals

In addition to monetary benefits, this new perk is being added by companies to attract highly-skilled and talented individuals on a long-term basis. “Earlier, the Golden Visa was focused on the …
( read original story …)


Posted on 11/08/2022

UAE’s robust financial system in supporting national economy: CBUAE’s Financial Stability Report

Among these key steps were the CBUAE’s gradual exit strategy from the Targeted Economic Support Scheme as the UAE economic recovery commenced, with the first phase completed by the end of 2021, and th …
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Posted on 11/08/2022

DEWA powers up to Dh12b revenue and Dh3.3b net profit in H1-2022, its first results after IPO

It was on April 12 that DEWA listed on DFM after a hugely successful IPO, the first of 10 Dubai Government enterprises that will take the road to a public listing. Since then, DEWA’s stock has been …
( read original story …)


Posted on 11/08/2022

DEWA powers up to Dh12b revenue and Dh3.3b net profit in H1-2022, its first results after IPO

It was on April 12 that DEWA listed on DFM after a hugely successful IPO, the first of 10 Dubai Government enterprises that will take the road to a public listing. Since then, DEWA’s stock has been …
( read original story …)


Posted on 11/08/2022

Dubai district cooling firm Empower’s IPO chances remain strong

Dubai: The chances of the Dubai district cooling company Empower coming up for a DFM listing is strong. DEWA, the utility giant that hold a majority stake in Empower, said that a review of the company …
( read original story …)


Posted on 11/08/2022

UAE Stocks Surge On Strong Corporate Earnings

Stock markets in the UAE ended higher on Wednesday with the Abu Dhabi index reaching a record high driven by strong corporate earnings. Th …
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