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Tag: finance

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 …
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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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Posted on 09/09/2022

Dubai Court requests more documents in Sanjay Shah extradition case

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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Posted on 09/09/2022

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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Posted on 09/09/2022

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 …
( read original story …)


Posted on 09/09/2022

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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Posted on 09/09/2022

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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Posted on 09/09/2022

‘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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Posted on 09/09/2022

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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Posted on 08/09/2022

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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Posted on 08/09/2022

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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Posted on 08/09/2022

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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Posted on 07/09/2022

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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Posted on 07/09/2022

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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Posted on 07/09/2022

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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Posted on 07/09/2022

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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