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Tag: finance

Posted on 25/08/2022

UAE health firm Burjeel plans Saudi expansion as IPO nears

United Arab Emirates healthcare provider Burjeel Holdings, established under VPS Healthcare, on Wednesday announced plans to expand into Saudi Arabia ahead of its initial public offering (IPO) later …
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Posted on 25/08/2022

Hedge Fund Titans Remember Julian Robertson as ‘True Mentor’Hedge Fund Titans Remember Julian Robertson as ‘True Mentor’

Julian introduced me to my wife Amy and his love affair with his beloved Josie was the inspiration for my marriage. We named our second son Julian in his honor. Julian was a legendary investor and a …
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Posted on 25/08/2022

Mobile app downloads in the UAE jump 23% in first half amid higher consumer demand

Mobile app downloads in the UAE grew by 23 per cent annually in the first half of 2022 as smartphone use increased due to the coronavirus pandemic. Finance-related apps registered a surge in demand, …
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Posted on 24/08/2022

Emirates NBD joins United for Wildlife Financial Taskforce, supports fight against illegal wildlife trade

EMirates NBD joins more than 50 global peers who are members of the United for Wildlife Financial Taskforce, which was formed in 2018.
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Posted on 24/08/2022

CBUAE urges IFIs to appoint UAE nationals as trainee members

In line with the leadership’s vision and the CBUAE’s commitment to implement the Emiratisation strategy in the financial sector, the Higher Shari’ah Authority at the CBUAE (HSA) has issued a Resolutio …
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Posted on 24/08/2022

Top UAE banks rebound in Q2

Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.
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Posted on 24/08/2022

UAE: I received a bounced cheque, should I file a police report?

According to the new UAE law decriminalising bounced cheques – Federal Decree Law No. (14) of 2020 – individuals who issued cheques due to insufficient funds no longer face crim …
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Posted on 24/08/2022

Alvarez & Marsal releases Q2 2022 UAE Banking Pulse

Leading global professional services firm Alvarez & Marsal (A&M) has released its latest United Arab Emirates (UAE) Banking Pulse for Q2 2022. The Pulse suggests that the top ten UAE banks have …
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Posted on 24/08/2022

Top ten UAE banks net income jumps 24.4pc to $3.43bn

The UAE banking sector’s NIM noted an improvement as the benchmark interest rate increased. Although NIM increased to 2.3% it is still below the pre-pandemic levels of 2.6%. Th …
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Posted on 24/08/2022

UAE: Indian rupee falls in early trade against UAE dirham

The Indian rupee depreciated four paise to 79.87 against the US dollar (21.76 versus the UAE dirham) in opening trade on Wednesday, tracking the strength of the American currency in the overseas …
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Posted on 24/08/2022

The UAE and its Wealth Management Markets: Making Good Progress

A Pre-Event Survey in Advance of the Hubbis Wealth Solutions Forum 2022. The powers that be, the regulators and the private sector participants overseeing and operating in the UAE’s wealth management …
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Posted on 23/08/2022

Huspy acquires UAE’s Just Mortgages and Finance Lab

Twin acquisition to give Huspy further reach and distribution in the UAE mortgage sector ● Earlier in 2022, Huspy acquired mortgage business Home Matters and completed $37 million Series A round Dubai …
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Posted on 23/08/2022

Best Online Casinos in the UAE: Top 14 UAE Real Money Casino Sites Online

Our team of experts has put together a list of the best online casinos UAE players can sign up to. Come and see who made the cut.
( read original story …)


Posted on 23/08/2022

UAE’s teen-focused fintech Zywa raises $3m in seed funding

Zywa functions as a gamified banking app that also helps teens with financial planning Dubai: Zywa, a fintech startup focusing on teens, has announced a seed funding of $3 million. The company, a part …
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Posted on 23/08/2022

UAE: Crowdfunding savings platform launched based on Jam’iya system

Latifa bin Haider, the founder of Bayutki, said she created the platform on the principles of the pre-existing Jam’iya system. Like a chit fund, the Jam’iya system is where several people decide to …
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Posted on 23/08/2022

New UAE tourist visa rules kick in from September

000 in your bank account via a bank statement for the last six months, proof of UAE health insurance, photocopies of the front and last page of your passport, and recent coloured passport-sized photos …
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Posted on 23/08/2022

Family returns from Dubai to find people living in their house

therefore are unable to rent another property for ourselves as we are covering a mortgage of a home someone else is living in. Part of August was meant for us to settle into our home, get routines in …
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