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Tag: finance

Posted on 06/12/2021

Gulf International Bank Celebrates UAE National Day

Honouring the 50th National Day of the United Arab Emirates on 2 December, Gulf International Bank (GIB) organised special celebrations for its employee …
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Posted on 06/12/2021

Open Banking Forum unveils future of $22.5tr global financial industry

The face of the $20.51 trillion global banking industry and the payment industry is changing rapidly due to the Open Banking revolution …
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Posted on 06/12/2021

UAE seeking re-election in the Executive Council of IMO

Mansoori, Undersecretary for the Infrastructure and Transport Sector at the UAE Ministry of Energy and Infrastructure said: “As we hope to get re-elected …
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Posted on 06/12/2021

Anand Rathi IPO sees 5.21 times subscription on day 3, QIB portion booked 60%

Anand Rathi Wealth is planning to garner Rs 660 crore through its public issue that is entirely an offer for sale.
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Posted on 06/12/2021

Abu Dhabi Islamic Bank gets into buying and selling cars with ‘Turbo’ in a strategic shifting of gears

Dubai: Bank finance for a new car purchase – that’s standard practice. Using a bank to buy or sell a car, new and pre-owned? That’s quite a radical path, and that is exactly where ADIB (Abu Dhabi …
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Posted on 06/12/2021

UAE residents ‘saving, investing more post-Covid’

UAE residents have started saving and investing more than ever before compared to 2019 and 2020, according to a survey by Policybazaar.ae, a top insurance and finance marketplace. About 41% of those …
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Posted on 06/12/2021

National Bank of Fujairah launches two banking products for SMEs

National Bank of Fujairah PJSC announced the launch of the “Ahlan” SME account and “OneStop” business account, two exclusive banking products that provide businesses with …
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Posted on 06/12/2021

Anand Rathi IPO sees 3.38 times subscription on day 3, QIB portion booked 17%

Anand Rathi Wealth is planning to garner Rs 660 crore through its public issue that is entirely an offer for sale.
( read original story …)


Posted on 06/12/2021

ACWA Power signs MoU with Natixis to finance up to $2 bln of projects

ACWA Power, which is partly owned by Saudi Arabia’s sovereign Public Investment Fund, has signed a memorandum of understanding with Natixis Corporate & Investment Banking, ACWA said on Monday.
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Posted on 05/12/2021

Dubai Islamic Bank Selects 50 UAE Nationals for Career Progression as It Celebrates the 50th Anniversary of the UAE

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE and the second largest Islamic bank in the world, today announced it has identified 50 UAE …
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Posted on 05/12/2021

DIB selects 50 UAE nationals for career progression

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE and the second largest Islamic bank in the world, has identified 50 UAE nationals for career progression, including promotion. The …
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Posted on 05/12/2021

NBF launches two innovative banking products for SMEs

National Bank of Fujairah (NBF) has launched the ‘Ahlan’ SME account and ‘OneStop’ business account, two exclusive products that provide businesses with access to unique features including hassle-free …
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Posted on 05/12/2021

President Rajapaksa meets UAE Prime Minister and Finance Minister

A meeting between President Gotabaya Rajapaksa and the Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum was held at Expo 2020 p …
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Posted on 04/12/2021

UAE – HKQAA Symposium Sustainable Finance and Climate Resilience • 2021

Announcement of new initiatives to align with Government climate change strategies HONG KONG SAR – Media OutReach – 3 Dece …
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Posted on 04/12/2021

UAE’s ADQ signs 4.6 bln-euro investment deal with France -tweet

Abu Dhabi’s state holding company ADQ signed an investment agreement worth 4.6 billion euros ($5.2 billion) with the French ministry of economy and finance on Friday, the Abu Dhabi media office said …
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Posted on 03/12/2021

UAE buys 80 French Rafale fighter jets in $19 billion deal

The United Arab Emirates agreed to buy 80 Rafale fighter jets from France as part of a 17 billion-euro ($19 billion) deal signed during President Emmanuel Macron’s visit to the Gulf nation Friday.
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Posted on 03/12/2021

UAE National Day: Reinventing banking with Mashreq

Mashreq has walked hand-in-hand with the UAE’s history that has spanned 50. How has the bank evolved as a financial organisation partnering the country and its people in its progress? As the country’s …
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