UAE Trade Connect (UTC) is proud to announce that Abu Dhabi Commercial Bank (ADCB) has joined its consortium of leading UAE banks utilising its blockchain platform to help de-risk trade finance. UTC …
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Local Press: UAE is building bonds for the future
ABU DHABI, 22nd April, 2022 (WAM) — The UAE’s Finance Ministry on Wednesday announced the launch of dirham-denominated treasury bonds, to build a local currency bond market and raise alternative …
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UAE’s DFSA grants license to open banking firm Tarabut Gateway
DFSA is the independent regulator of financial services in DIFC, the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. UAE’s DFSA grants license to open banking …
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UAE: Why investing in T-bonds would be more profitable than keeping money in a savings account
The UAE government will soon launch Treasury bonds (T-bonds) denominated in local currency for the first time to raise funds.The Ministry of Finance (MoF) UAE will issue T-bonds on behalf of the …
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What are local currency T-bonds and how can they boost UAE’s capital markets?
Provided by The National The UAE plans to auction its first T-bonds in May. Silvia Razgova / The National . Related: UAE launches dirham treasury bonds with an issuance size of …
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UAE Central Bank launches two new banknotes
The Central Bank of the UAE (CBUAE) has launched two new polymer banknotes, in five and ten dirham denominations. The banknotes, which have been enhanced by technical characteristics and security …
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Private School Operator Taaleem Picks Banks for Dubai IPO
(Bloomberg) — Private school operator Taaleem has picked EFG-Hermes and Emirates NBD Bank to lead a planned Dubai initial public offering, according to people with knowledge of the matter. We …
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Blackstone Hedge Fund Duo Are the Latest to Exit After Leadership Changes
Blackstone Inc. is losing two more managing directors from its hedge fund solutions group, according to people with knowledge of the matter.Most Read from BloombergKremlin Insiders Alarmed Over …
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Look: UAE Central Bank launches new Dh5 and Dh10 banknotes
The Central Bank of the UAE (CBUAE) on Thursday announced the launch of two new banknotes, in five and ten dirham denominations, made of polymer and enhanced by advanced technical characteristics and …
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Dubai’s Emirates NBD posts 18% rise in Q1 profit, higher rates to help
Dubai’s biggest lender, Emirates NBD, posted a rise of 18% in quarterly net profit as impairment allowances fell sharply on economic recovery from the pandemic, while higher interest rates boosted its …
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UAE looks to build local banking and financial sector with sale of dirham-denominated Treasury bonds
The UAE Ministry of Finance has assembled six local and international banks to participate in the primary market auction, including Abu Dhabi Commercial Bank (ADCB), Emirates NBD, First Abu Dhabi Bank …
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UAE looks to build local banking and financial sector with sale of dirham-denominated Treasury bonds
The UAE Ministry of Finance has assembled six local and international banks to participate in the primary market auction, including Abu Dhabi Commercial Bank (ADCB), Emirates NBD, First Abu Dhabi Bank …
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Dubai lender Emirates NBD posts 18% rise in Q1 profit
Dubai’s biggest lender, Emirates NBD , posted a rise of 18% in quarterly net profit as impairment allowances fell sharply on economic recovery from the pandemic, while higher interest rates boosted …
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Dubai lender Emirates NBD posts 18% rise in Q1 profit
Dubai’s biggest lender, Emirates NBD , posted a rise of 18% in quarterly net profit as impairment allowances fell sharply on economic recovery from the pandemic, while higher interest rates boosted …
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Reed Hastings, Hedge Funds Dealt Blow After Netflix Miss
Reed Hastings’s fortune was already on the decline before Netflix Inc., the streaming giant he co-founded, reported dismal first-quarter earnings.Most Read from BloombergKremlin Insiders Alarmed Over …
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Hedge Fund Bets Against a SPAC Tied to Trump After Truth Social ‘Disaster’
Hedge fund Kerrisdale Capital Management is betting against the shell company tied to Donald Trump, wagering that it will fail to get regulatory approval to merge with his media company and take it …
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UAE announces Domestic Dirhams Treasury Bonds worth Dhs1.5 billion
The UAE, represented by the Ministry of Finance (MoF) as the Issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, has announced the launch of conventional …
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