Tag: finance

In line with the US Federal Reserve’s move, the Central Bank of the by 50 basis points to 2.25 per cent effective from Thursday. Twelve major central banks of emerging and developed markets raised …
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While the UAE’s push to tackle financial crime focuses on regulation, it also provides an opportunity for banks to digitalise and improve their offerings such as adopting APIs that support compliance …
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It operates globally in Fiji, Mauritius, Bangladesh, Nepal, Singapore, Sri Lanka, UAE, Bahrain, Qatar, Kuwait, and the United Kingdom. Considering the large scale of operations built over last six …
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Following the US Federal Reserve’s move to raise rates for the second time this year, the Central Bank of the UAE (CBUAE) has also decided to raise the base rate applicable to the overnight deposit …
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ABU DHABI: The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 50 basis points, effective from Thursday, May 5, 2022.
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The Central Bank of the UAE (CBUAE) announced Wednesday that it would raise its base rates by 50 BPS, following an announcement by the US Federal Reserve. Meanwhile, the Central Bank of Kuwait raised …
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Ali Rao, CEO of Elixir, an investment conglomerate in Dubai, called the agreement a milestone because of the huge impact it is set to have on trade and finance in the region. “Cepa is expected to …
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The Dubai Electricity and Water Authority (DEWA) has set the final offer price for its IPO at AED2.48 per share and has marked the completion of the book building and subscription process for its …
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The accused continued to attack him until he gave them the pin of his bank card. Once he gave in to their demands, they handcuffed him and left the apartment. After a few hours, they returned to the …
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finance, professional services, lifestyle, entertainment and fast-moving consumer goods to enable economic freedom in the metaverse, the statement said. “Dubai views the virtual asset industry as the …
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A global survey of quant fund managers who collectively oversee $1.2 trillion in assets under management shows that 73% of managers have already increased their level of outsourcing of data services …
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while Chinese mobile communications provider China Mobile IPO, which raised $8.6 billion, comes second. Dubai Electricity and Water Authority’s (DEWA’s) $6.1-billion IPO in March is currently the …
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Dubai’s real estate market recorded a total of 25,972 real … sales transactions compared to March 2021 and a 109 per cent increase in sales value. The IPO of India’s biggest insurer, Life Insurance …
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There is a huge potential for Open Banking across the UAE and the region, and it is the commitment from regulators and authorities that helps companies like ours take those initial steps.
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A strong advocate of non-surgical beauty procedures, Dr Nirdosh says beauty can be achieved without breaking the bank. “Just because you can … liposuction and laser peel a social norm in Dubai.
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SMEs are the backbone of the UAE economy, comprising 98 per cent of the total companies … economic sector and existing access to finance, on top of the standard risk and profit calculations, …
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UAE’s tech startup scene is seeing heavy funding action, and GCC investors need to joinin The logo of the 41st Gulf Cooperation Council (GCC) at the media center in at Al Ula Image Credit: AP …
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