Tag: finance

Country’s economy to continue its journey toward diversification as the new policy measures will help achieve sustainable growth …
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The financial and banking sector in the UAE under late Sheikh Khalifa bin Zayed Al Nahyan, made unprecedented achievements that reflected the notable success of the wise policies adopted by the late …
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DUBAI (Reuters) -Emirates Telecommunications Group Company PJSC, now known as e&, has acquired a 9.8% stake in Vodafone for $4.4 billion, it said on Saturday. The move comes days after e& said it …
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Sheikh Mohammed bin Zayed Al Nahyan, the man who has long controlled the levers of power in the United Arab Emirates, has succeeded his late brother as ruler.Most Read from BloombergElon Musk Sows Dou …
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UAE phone company Etisalat bought a 9.8% stake in Vodafone Group Plc for $4.4 billion.Most Read from BloombergElon Musk Sows Doubt Over His $44 Billion Twitter TakeoverSony PlayStation Staff Fume Over …
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Dubai: Preparing the UAE economy for a post-oil world will be President His Highness Bin Zayed Al Nahyan’s enduring legacy for the country – and the wider GCC.
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Dubai: With interest rates rising worldwide, and with more to come, experts recommend an investment approach that is focused on preservation of income, which simply involves setti …
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the UAE Minister of Finance and Deputy Ruler of Dubai, among others shared their thoughts on Twitter. The Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed said: “We belong to God and to Him we shall …
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The Dubai Court of Cassation ordered a UAE-based bank and telecommunications company to return Dh1.5 million that a client had lost in unauthorised transactions. In April 2019, the client, whose …
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In the UAE, the cost of 24-karat gold was at … Last week, the US central bank increased its benchmark overnight interest rate by an aggressive half-a-percentage point. Bullion is sensitive …
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Bahrain’s Al Baraka Banking Group has delisted its shares on Nasdaq Dubai effective May 12, according to a disclosure on Friday.  The company, which gained a 78 percent increase in net income for the …
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The UAE has announced the results of the first auction of the dirham denominated federal Treasury Bonds of the UAE Government (T-Bonds), with a benchmark auction size of AED 1.5 billion (circa US$400 …
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The ceremony was attended by Ebrahim Alzaabi, Assistant Governor of the Central Bank of the UAE – Monetary Policy and Financial Stability; Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market …
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We affirmed all banks’ Long-Term Issuer Default Ratings with Stable Outlooks, upgraded Emirates Islamic Bank’s Viability Rating (VR) to ‘bb’ from ‘bb-’ on improved asset quality, and downgraded Mashre …
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We affirmed all banks’ Long-Term Issuer Default Ratings with Stable Outlooks, upgraded Emirates Islamic Bank’s Viability Rating (VR) to ‘bb’ from ‘bb-’ on improved asset quality, and downgraded Mashre …
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Following the successful issuance of two tranches with a total value of AED 1.5 billion The issuance is part of an ambitious strategy to develop debt capital markets, providing investors with …
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“The Dubai government, I’m sure, in fullness of time will make a decision. And we will obviously embrace whatever decision that is with great enthusiasm,” he said. Asked if the company is ready for an …
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