Dubai is welcoming global crypto exchanges with open arms. Binance plans to bring crypto to the next generation. Restrictions in Asia and the West could drive crypto companies to the Middle East …
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Presence of mind saves woman in Dubai from new type of online banking fraud
Image Credit: Supplied Dubai: A Dubai-based woman was recently saved from falling victim to a new type of online banking fraud, largely because of her presence of mind and acting with caution.
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Mideast Stocks: Abu Dhabi, Qatar edge lower; sentiment muted in Dubai
Dubai’s main share index was flat, after rising 1.7% in the previous week following Dubai Electricity and Water Authority’s (DEWA) stellar debut. DEWA shares were up 0.7%. Gains in the real estate …
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Indian rupee slumps against UAE dirham at opening of the market
The rupee hit 20.82 against Emirati dirham on Monday morning Agencies file by A Staff Reporter Published: Mon 18 Apr 2022, 9:59 AM The In …
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Remit or hold? Indian rupee is expected to drop further against the UAE dirham this week
Dubai: The Indian rupee recorded remittance-beneficial rates against the US dollar and the UAE dirham these past days, and forex analysts are flagging further currency weakness this week, giving hope …
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IMF slashes UAE, global growth forecast
The IMF also projected a 2.5 per cent growth rate over the next five years till 2024. Meanwhile, the UAE Central Bank, last month, revised the country’s forecast upward by 0.4 per cent to 2.4 per cent …
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UAE lender First Abu Dhabi Bank pulls bid for Egypt’s EFG-Hermes
First Abu Dhabi Bank withdrew its offer to buy a majority stake in Egypt’s biggest investment bank EFG-Hermes, citing global market volatility amid Russia’s invasion of Ukraine. FAB had offered to buy …
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Emirates Islamic Bank launches new business account to support UAE’s SMEs
Small and medium enterprises represent 94 percent of companies operating in the country, contributing over 50 percent to national GDP Emirates Islamic Bank launches new business account to support UAE …
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Millennium Hotels and Resorts partners with the UAE Food Bank
Millennium Hotels & Resorts MEA, one of the fastest-growing regional hotel management companies in the Middle East & Africa, has partnered with the UAE Food Bank, a non-profit charitable organisation …
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Shares of Dubai utility Dewa surge in Middle East’s largest IPO since Aramco
The utility’s float is the largest listing ever in the UAE and the largest listing in the Middle East since Saudi state oil giant Aramco went public on the kingdom’s Tadawul exchange in 2019. Dewa in …
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A. R. M Holding donates Dh2 million contribution to Dubai’s 1 Billion Meals initiative
The 1 Billion Meals initiative gives access to food supplies to the underpriviliged Dubai: A.R.M. Holding has donated of Dh2 million to the 1 Billion Meals initiative. Organised by Mohammed bin Rashid …
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Pallapay Explores How the Emirate’s New Crypto Regulations Would Impact How People Buy & Sell Bitcoin and Other Crypto In Dubai
DUBAI, UAE / ACCESSWIRE / April 15, 2022 / His Highness Sheik Mohammed bin Rashid, Dubai’s ruler and Prime Minister of Dubai recently announced the …
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UAE Announces Three Packages for Hiring Domestic Workers
The Ministry of Human Resources and Emiratisation in the UAE has warned employers and national and resident families of the risks of dealing with unlicensed domestic labour recruitment agenciesTraditi …
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FxPro secures lucrative presence with new Dubai office
Cyprus-based and FCA regulated platform FxPro has opened a new office in Dubai as it seeks to focus on providing customizable liquidity solutions to the region’s diverse clientele.
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Food Banking Regional Network supports UAE’s 1 Billion Meals initiative
Umbrella for tens of food banks in 50 countries committed to expand services Dubai: The Food Banking Regional Network (FBRN) is supporting the 1 Billion Meals initiative, the largest campaign of its …
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Abu Dhabi down as UAE’s biggest bank withdraws offer for EFG Hermes
Major Gulf bourses fell on Thursday and Abu Dhabi’s share index slipped more than 1%, after First Abu Dhabi Bank (FAB) withdrew its offer for a stake in Egypt’s EFG Hermes .
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Top UAE Lender First Abu Dhabi Bank Pulls Bid for EFG-Hermes
First Abu Dhabi Bank PJSC withdrew its billion-dollar bid for Egypt’s biggest investment bank EFG-Hermes, citing market volatility amid Russia’s invasion of Ukraine.Most Read from BloombergUkraine …
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