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Tag: finance

Posted on 27/09/2022

UAE successfully concludes its participation in the Fourth Sustainable Finance Working Group Meeting

The UAE successfully concluded its participation in the fourth and last Sustainable Finance Working Group (SFWG) meeting within the G20 Finance Track for 2022, which was held under the Indonesian …
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Posted on 27/09/2022

Dubai real estate market hits another high on Monday with AED1.7 billion worth transactions

Monday’s property deals included 498 sales transactions worth AED1.24 billion, 80 mortgage deals of AED444.06 million and 12 gift deals amounting to AED65.68 million Dubai real estate market hits …
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Posted on 27/09/2022

Star Indian startup entrepreneur Nikhil Kamath to hold road shows in Dubai this week for its $100 million fundraising plan

Kamath’s hedge fund will also be eyeing investment opportunities in the UAE, including in the much sought after real estate assets in Dubai, in a big way with a new investment vehicle to manage pooled …
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Posted on 27/09/2022

Going Green with EVolve – DIB’s sustainable auto finance

Among the wide range of benefits, DIB customers will also enjoy a completely paperless and hassle-free financing experience that takes no more than one day …
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Posted on 27/09/2022

Dubai records over 463mln in realty transactions Monday

DUBAI: Dubai real estate market recorded 498 sales transactions worth AED 1.24 billion, in addition to 80 mortgage deals of AED 444.06 million, and 12 gift deals amounting to AED65.68 million on …
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Posted on 26/09/2022

Dubai: Interest rate hike unlikely to dent real estate growth, experts say

Rising rates will have no major impact on the emirate’s property sector as mortgage transactions represent only a quarter of overall home sales …
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Posted on 26/09/2022

Dubai-based entities show their commitment in driving Dubai’s economy ahead of the landmark event

The event cements Dubai’s position as a major player in metaverse and web 3.0 technologies, providing a platform to explore how immersive digital worlds will reshape the future of business, society an …
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Posted on 26/09/2022

Dubai Investment Fund (DIF) Appoints New Executive Directors of Regional Operations

Dubai Investment Fund (DIF) today announced the appointment of Maegan Vang, Patricia Olsen and Mark Otto as Executive Directors of Regional Operations, effective October 2022.
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Posted on 26/09/2022

Fintech Galaxy brings global Open Finance experience to the MENA region

Fintech Galaxy, the industry-leading financial innovation company, has announced the addition of a team of global Open Banking/Finance experts as it looks to ramp up its product offering and presence …
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Posted on 26/09/2022

UAE healthcare operator Burjeel to sell 11 percent stake in IPO

Burjeel is the first privately owned company to go public in the UAE this year, with plans of selling a total of 550.7 million shares UAE healthcare operator Burjeel to sell 11 percent stake in IPO …
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Posted on 26/09/2022

Global tech players and wider Metaverse to assemble in Dubai

More than 30 local and international leaders including international metaverse academics, designers, builders and specialists in virtual education, e-commerce, medicine, art, gami …
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Posted on 26/09/2022

Burjeel IPO: UAE healthcare provider to sell 11% stake and list on ADX

PR Newswire Dr Shamsheer Vayalil, Chairman and Managing Director of VPS Healthcare, launching Burjeel Holdings to consolidate the organisation’s healthcare offerings. Courtesy: …
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Posted on 25/09/2022

Dubai intitution’s financial manager fakes his sacking, embezzles Dhs11,097,000 and flees UAE

The Dubai Misdemeanour Court sentenced him to 3 years in prison in absentia and ordered his deportation after serving his sentence.
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Posted on 25/09/2022

UAB banks on positive economic sentiments in UAE

Shirish Bhide, chief executive officer of UAB, attributes strong growth in first-half profits to the UAE government’s policies to contain the Covid-19 pandemic and …
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Posted on 25/09/2022

With 723 hires, intake of UAE nationals for banking jobs already beyond 2022 targets

The insurance sector has some catching up to do with 90 hires out of a 300 target The UAE Central Bank has set a target of 5,000 UAE Nationals being added to the financial services sector in next …
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Posted on 25/09/2022

Region’s first platform bank Wio launches in UAE

The new bank will provide solutions in three areas – digital banking apps, embedded finance and banking-as-a-service solutions …
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Posted on 25/09/2022

Burjeel Holdings’ ADX-listed IPO to open on Sept 30

Burjeel Holdings, one of the leading regional private healthcare service providers in the UAE and Oman, announced its intention to list on the Abu Dhabi Se..
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