Wio Bank PJSC, the region’s first platform bank, has announced a partnership with Stripe, a financial infrastructure platform for businesses, which will enable SMEs in the UAE to access the power of e …
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Financial Services Firm Five FS Finalizes $3.5M Seed Round
Five FS has officially launched in the United Arab Emirates (UAE) and Saudi Arabia and also secured $3.5 million in seed funding.
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British hedge fund manager accused of tax fraud ordered to pay £1.1 BILLION to Danish authorities
The Dubai court’s decision on Monday not to extradite Shah came as a surprise to Danish prosecutors, but it appears the hedge fund manager could still be extradited should the decision be overturned.
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UAE Ministry of Economy launches new partnership with FOODICS to boost F&B SME growth
Aimed at achieving a strong partnership between the public and private sectors in order to foster SME growth locally and globally …
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Generation start-up: how UAE’s Ziina is working to boost financial literacy in Middle East
A person either disciplines his finances or his finances discipline him.” The famous quote by American author Orrin Woodward fits well in the case of entrepreneur Faisal Toukan, who founded FinTech …
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UAE: Residents start spending more on petrol, eating out as fuel prices dip and Covid rules ease
UAE residents have resumed spending on clothing, petrol, dining out and luxury goods as Covid restrictions and fuel prices drop, according to a new …
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Bayanat looks to raise $171m at IPO
Bayanat, a geospatial and data analytics firm owned by Abu Dhabi’s G42, plans to raise $171m Bayanat looks to raise $171m at IPO Abu Dhabi, Bayanat, IPO Banking & Finance …
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Abu Dhabi firm G42 subsidiary Bayanat to launch IPO this month
Bayanat AI, a subsidiary of G42, will sell 571.428 million shares through an initial public offering (IPO) and list on the First Market of the Abu Dhabi Se..
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Dubai Investments integrates large-scale digital transformation
Dubai Investment has begun a series of digital transformation projects to prioritise the needs of its customers and investors. Dubai Investments integrates large-scale digital transformation. digital, …
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UAE, India keen to boost bilateral trade, investment ties
As part of the Ministry of Finance (MoF)’s keenness to bolster cooperation ties with different countries of the world, Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, met …
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UAE: Lulu Group Set for IPO in 2023
Lulu Group International is forging ahead with its plans to get listed on the Abu Dhabi Securities Exchange (ADX) in 2023, according to V Nandakumar, di …
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DIB to implement a complete digital KYC journey for New to Bank Customers in collaboration with the UAE Ministry of Interior
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE and the second-largest Islamic bank in the world, announced today its collaboration with t …
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Upon encountering Israeli Jews in Dubai: “I’m a Zionist, but I don’t hate”
In preparing for a trip to Dubai with my brothers earlier this month, I was full of apprehension. As Palestinians, we are furious about the now-open complicity of the government of Dubai with the …
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UAE: LuLu Exchange partners with Wio Bank
“Our partnership reflects how our fintech capabilities combined with our network of branches can serve customers better across the financial ecosystem” …
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Dubai rents see record high and are rising faster than ever
It’s not just Dubai’s luxury home sales that are soaring, rental prices are too. Dubai rents see record high and are rising faster than ever CBRE Middle East, dubai rents, Property, Property …
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Local Press: How Dubai is trying to predict the future
According to Mark Beer of Asgardia, an international project that is trying to set up a space nation, environmental and health crises could eventually drive a billion people to live on Mars. It is a …
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This Hedge Fund Is Betting Hard Against GameStop Stock. Are Shorts Playing With Fire?
Bireme Capital is a hedge fund that describes its strategy as incorporating a mix of both qualitative and quantitative investing styles. Its Fundamental Value fund, with a long-term short bias …
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