H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, has commended the role played by the Central Bank of the UAE, CBUAE, and its role in regulating and …
( read original story …)
Mashreq Bank: Executive Appointment: Mashreq appoints James as Head of FI and NBFI
DUBAI, UAE / ACCESSWIRE / July 26, 2020 / Mashreq, one of the leading financial institutions in the UAE, has recently appointed James …
( read original story …)
SAP announces plan to take Qualtrics public through US IPO
SAP bought Qualtrics ahead of its planned IPO in 2018 for around $8 billion SAP announced Sunday it plans to take its Qualtrics cloud-software business public through an initial public offering. SAP …
( read original story …)
Dubai Economy hosts online workshops for DQA and DHDA applicants
Dubai Economy has conducted its first ever online workshops for the new applicants in the 2020 cycle of the Dubai Quality Award (DQA) and …
( read original story …)
Saudi car rental Theeb hires Fransi Capital for IPO
Investcorp likely to reduce its stake in the care hire business Dubai: Saudi Arabia’s Theeb Rent-a-Car hired Saudi Fransi Capital to advise on a potential initial public offering, according to people …
( read original story …)
Dubai-China FinTech agreement brings new opportunities for Dubai International Financial Centre
They now share a vision with DIFC to drive the future of finance by developing the next generation of tools for use in the industry. With Dubai recognised as one of the world’s top ten FinTech hubs …
( read original story …)
UAE’s Dana Gas appoints financial adviser for Islamic bonds
Dana Gas rocked the global Islamic finance industry in 2017, when it said it would not redeem its $700 million sukuk, or Islamic bonds, arguing they were no longer valid under UAE law because of …
( read original story …)
Dubai’s real estate sector records transactions worth Dhs72.5bn in H1 2020
Also in July, Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, issued a directive for business tenants of Dubai Developments Group properties in the emirate …
( read original story …)
Dubai-China FinTech agreement brings new opportunities for DIFC
They now share a vision with DIFC to drive the future of finance by developing the next generation of tools for use in the industry. With Dubai recognised as one of the world’s top ten FinTech hubs …
( read original story …)
Space Race: UAE Launches Mission to Mars
Jul.24 — The UAE successfully launched its Mars Hope probe from Japan’s Tanegashima Space Center using a Japanese rocket on July 19. The craft is expected to reach Mars in February 2021 …
( read original story …)
UAE student breaks piggy bank to repatriate 2 Indians, businessman sends 66 others
Second direct flight from Dubai to Guwahati flies home 171 stranded expats Dubai: A Dh3,000 donation from a Sharjah student’s piggy bank along with a Dh100,000 donation from a businessman in Dubai …
( read original story …)
Dubai logistics firm Tristar seeks Dubai listing, sources say
Dubai logistics company Tristar has approached investment banks … are now pinning hopes on local investors in the United Arab Emirates to help secure the IPO, the source said. Tristar declined to …
( read original story …)
UAE finance ministry launches digital system for revenue, public funds collection
DUBAI – The Ministry of Finance, MoF, has announced the launch of a digital system for the collection of revenue and public funds. This is in line with the Ministry’s efforts to adopt digital …
( read original story …)
Want to go to a college or university in the UAE? Here is all you need to know
If you are looking to enrol at a university in the UAE, there are over 70 options available for UAE nationals and expatriates as well as international students. Here is a list of universities in the …
( read original story …)
UAE: DIFC Launches ME’s First Global Digital Security Capital Funding
Dubai International Financial Centre (DIFC … The announcement reinforces DIFC’s vision to drive the future of finance. The issuance also cements the DIFC’s position as the leading financial hub in …
( read original story …)
Bank employee leaks customers’ details, helps embezzle over Dh238,000
A former sales executive of a bank branch has been charged at the Dubai Court of First Instance after he allegedly leaked confidential data pertaining to 25 customers. Because of his abuse of powers …
( read original story …)
Robust finance functions key for the kingdom’s road to recovery
Saudi Arabia’s financial institutions and government stretched out a helping hand to residents and business owners through numerous initiatives as ramifications from the COVID-19 pandemic grew …
( read original story …)