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Tag: finance

Posted on 12/01/2022

UAE hosts finance and investment committee of the Saudi-Emirati coordination council’s meeting

The UAE, represented by the Ministry of Finance (MoF), hosted the meeting of the Finance and Investment Committee of the Saudi-Emirati Coordination Council, which took place at the Partners Building …
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Posted on 12/01/2022

Dubai: How to pay traffic fines in interest-free instalments; all your questions answered

Paying off traffic fines just got a lot more convenient. The Dubai Police has introduced the Fines Instalment Services, which allows drivers to pay off their traffic fines in interest-free, monthly …
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Posted on 12/01/2022

Get ready to pay higher interest rates on your loans in UAE as early as March

Dubai: The Federal Reserve Chairman Jerome Powell, testifying at his confirmation hearing on Tuesday said he wouldn’t hesitate to raise the interest rates to rein in inflation. A hike in interest US …
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Posted on 11/01/2022

Dubai Crown Prince Sheikh Hamdan congratulates brother Sheikh Maktoum on birth of baby girl

Dubai: Sheikh Hamdan, Crown Prince of Dubai and Chairman of the Executive Council, today congratulated his brother Sheikh Maktoum bin Mohammed b …
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Posted on 11/01/2022

Inside the banking struggles of UAE’s start-ups

Hefty minimum-amount requirements combined with a bureaucratic and lengthy procedure are just some of the hurdles the country’s entrepreneurs face when setting up an account for their small businesses …
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Posted on 11/01/2022

Qatar National Bank 2021 profit up 10% driven by loan growth

Qatar National Bank, the Gulf’s biggest bank by assets, on Tuesday reported a 10% increase in annual net profit driven by loan growth.
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Posted on 11/01/2022

UAE – ADX, FTSE Russell to create new benchmark indices

The Abu Dhabi Securities Exchange’s (ADX) robust strategy to be recognised as a global exchange was manifested on Tuesday with the announcement of its partnership with FTSE Russell — a wholly-owned …
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Posted on 11/01/2022

Let universities start taking up ‘green finance’ courses in a big way

Universities are ideal to prepare world’s young to learn what is best about funding green With the UAE to host COP28 in 2023 and pledging to become net-zero by 2050, the country is at the cusp of a …
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Posted on 11/01/2022

One of the world’s biggest wealth funds targets sustainable finance

Kuwait Investment Authority has applied the ESG standard set by an independent globally-recognised ESG benchmark provider.
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Posted on 11/01/2022

UAE economy shifts course from recovery to solid growth

The latest growth forecast from the Central Bank of UAE (CBUAE) exudes confidence in the UAE’s ability to transform the gradual economic recovery achieved during the past 18 months into a solid growth …
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Posted on 10/01/2022

Dubai Multi Commodities Centre achieves record growth

Authority has announced that it achieved its best year on record, attracting 2,485 companies, representing 146 geographies, to Dubai in 2021. The record-breaking performance follows on from the 2,025 …
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Posted on 10/01/2022

The role of SMEs in boosting the trade relationship between Brazil and the UAE

Small businesses account for 99 per cent of all enterprises in Brazil and 95 per cent of private sector companies in the UAE …
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Posted on 10/01/2022

Up to Dh100,000 fine for violating this law in Dubai

Dubai: The fine for violating the rights of People of Determination in Dubai can go up to a maximum of Dh100,000. The fine will be doubled if the offence is repeated within the first year. This …
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Posted on 10/01/2022

UAE – Xlife Sciences plans listing on the “Sparks” segment of SIX Swiss Exchange

Listing on the new“Sparks” segment of SIX Swiss Exchange for small and medium-sized companies is planned for Q1 2022, subject to market envi …
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Posted on 10/01/2022

Kotak Vs BharatPe’s Ashneer Grover: Bank’s Reply Shows Viral Clip Wasn’t Fake After All

Kotak has placed on record its objections to inappropriate language used by Ashneer Grover, heard in a leaked audio clip dismissed as fake …
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Posted on 10/01/2022

Dubai Free Zone Council looks to help SMEs open bank accounts

Opening a business bank account is one of the most pressing challenges start-ups and SMEs face Dubai Free Zone Council looks to help SMEs open bank accounts banking services, Dubai Free Zones Council, …
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Posted on 10/01/2022

UAE – Pakistan asks IMF to delay 6th country review meeting to January-end

Pakistan has requested the International Monetary Fund (IMF) to delay a board meeting meant to consider the country’s sixth review to the end of January, the finance ministry said. The meeting was …
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