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Tag: finance

Posted on 22/01/2022

Deem Finance and Mastercard introduce Limited Edition World Credit Card to Celebrate UAE’s Year of the 50th

Deem Finance and Mastercard have announced the launch of a one-of-its-kind Golden Jubilee Limited Edition World Cashbac …
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Posted on 21/01/2022

UAE bourses end higher on financial, telecom boost

Stock markets in the United Arab Emirates (UAE) closed in the green on Friday, with Dubai’s index buoyed by the financial sector and Abu Dhabi’s riding on the back of telecom gains.
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Posted on 21/01/2022

Saudi Money Is Back in UAE Just in Time for Dubai’s IPO Bonanza

Intensifying competition with the United Arab Emirates hasn’t stopped Saudi investors from pouring cash into Abu Dhabi’s listing boom, with Dubai’s anticipated deals also in their sights.Most Read …
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Posted on 21/01/2022

UAE, Turkey to sign new agreements during President Erdogan’s upcoming visit, Turkish Parliament Speaker says

The UAE and Turkey are expected to sign new agreements and “renew previous commitments” during the forthcoming visit of Turkish President Recep Tayyip Erdogan to the UAE next month, a senior Turkish …
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Posted on 21/01/2022

Rivalry Hasn’t Put Lid on Saudi Appetite for UAE IPOs

Intensifying competition with the United Arab Emirates hasn’t stopped Saudi investors from pouring cash into Abu Dhabi’s listing boom, with Dubai’s anticipated deals also in their sights.Most Read …
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Posted on 21/01/2022

UAE: Individuals infected with Covid-19 can donate blood after 10 days

This comes after a reminder to citizens and residents that anyone who has been infected with Covid-19 can safely donate blood 10 days after positive result if asymptomatic and if symptomatic he can …
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Posted on 21/01/2022

UAE – Sharjah Islamic Bank’s net profit up 27%

Sharjah Islamic Bank (SIB) recorded net profit of AED514.1 million for the year ended in 31st December 2021, an increase of 26.7% compared to AED405.8 million for the same period in 2020. The Bank …
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Posted on 21/01/2022

UAE participates in 7th Annual Meeting of Arab Finance Deputies

ABU DHABI, 20th January, 2022 (WAM) — The UAE participated in the seventh Annual Meeting of Arab Finance Deputies, which was organised by the …
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Posted on 21/01/2022

UAE – First Abu Dhabi Bank to partner with Thomas Murray

First Abu Dhabi Bank (FAB) has announced that it will partner with Thomas Murray, a UK-based post-trade and technology company who provide guidance on local markets rules and regulations as well as …
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Posted on 21/01/2022

Nine-member ‘gang’ guilty of money laundering in UAE referred to court

Authorities in the United Arab Emirates have rounded up nine suspects who have been found guilty of laundering funds collected from “theft and fraud …
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Posted on 20/01/2022

UAE Central Bank Governor meets Yemeni counterpart

Senior officials from both central banks also attended the meeting, according to a CBUAE statement on Thursday. During the meeting, the two sides discussed the co-operative bilateral relations between …
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Posted on 20/01/2022

Kyrgyzstan expat racks up Dh450k in savings over 2 decades to start a UAE beauty business

From managing beauty shops in Afghanistan to setting up her own firm in Dubai Kyrgyzstan expat Cholpon Djusueva racked up Dh450,000 in savings over the last two decades to start a beauty business in …
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Posted on 20/01/2022

Rising IPO tide could lift all Gulf boats

Riyadh, Abu Dhabi and Dubai are fighting it out to be the region’s listing venue of choice. But recent evidence suggests much greater foreign investor interest in Gulf IPOs in general than previous …
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Posted on 20/01/2022

FSS partners with UAE’s first digital banking platform

Under the partnership, YAP and FSS would work to deliver greater value to customers by combining the FSS Unified Card Issuance Platform with emphasis on virtual card issuance and support 3D secure …
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Posted on 20/01/2022

UAE: Phone scam gang to stand trial for money laundering

A gang of nine has been referred to court on charges of money laundering. According to the UAE Public Prosecution, the gang used funds from theft and fraud operations to carry out the crime.
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Posted on 20/01/2022

UAE financial sector ready to boost sustainable funding in sync with net-zero goals

The UAE’s financial sector is aligned with the country’s net-zero goals and boosting the availability of green financing to local businesses to accelerate sustainable economic development in sync with …
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Posted on 20/01/2022

Dubai jobs: Leading bank to hold walk-in interviews; salary up to Dh5,000

A leading bank in the UAE is hiring sales officers for its credit cards and auto loans department, offering up to Dh5,000 salary plus other benefits.The candidates applying for the job should have …
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