Ajman’s Department of Finance has been awarded the ‘Most Innovative Digital Initiative in Finance 2021’, for its digital wallet and contributions in supporting digital transformation by Global …
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The Potential of Islamic Finance to SMEs Products Made by Disabilities Community Attracts Investors’ Attention in Dubai
Dr. Sutan Emir Hidayat, Director of Islamic Economy Infrastructure Ecosystem brings sharia economy topics in business forum at Indonesia Pavilio …
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UAE’s Tabreed inks deal to invest $400m in Indian district cooling plan
The National Central Cooling Company (Tabreed) has entered into a partnership with the International Finance Corporation (IFC), a member of the World Bank Group, to invest about $400 million in India …
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Didi’s Early Investors Get Window to Exit After Disastrous IPO
The end of a lock-up period after a new listing is often a triumphant time when pre-IPO investors can cash out and book profits. For Didi Global Inc., whose shares have lost more than half of their …
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Businessman pledges Dh10 million to help fund Dubai’s new cancer hospital
A grateful businessman has pledged Dh10 million for the construction of a pioneering Dubai cancer hospital to commemorate his wife’s own battle with the disease. Yaseen M Jaffer, chief executive of …
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Digital bank Zand set to launch after Dubai Bank acquisition
The shareholders of Zand, a digital bank that caters to retail and corporate clients, have acquired a majority stake in Dubai …
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UAE: New Dh50 polymer note is official currency; here are 13 features that make it special
The new Dh50 polymer banknote is an official currency, the UAE Central Bank said on Thursday. The banknote, released as part of UAE’s Year of the 50th celebrations, has been distributed to banks and …
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New Dhs50 polymer banknote is an official currency, says UAE top bank
The Central Bank of the United Arab Emirates (CBUAE) has announced that the new Dhs50 polymer banknote is an official currency and to be used alongside the paper banknote of the same value, currently …
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UAE: New Dh50 polymer banknote is now an official currency
The Central Bank of the United Arab Emirates (CBUAE) has announced that the new Dh50 polymer banknote is an official currency and to be used alongside the paper banknote of the same value, currently …
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Dubai ruler to pay £550m in UK’s ‘most expensive divorce’, had ‘targeted ex-wife with Pegasus’
Maktoum’s divorce settlement with Princess Haya includes payment of £251.5 million & a £290 million bank guarantee for annual payments.
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UAE: Expat wins Dh10 million in Mahzooz draw; has no plans to quit job
But when I opened the email and realised I had won Dh10 million, I was speechless. I had scored the winning goal of a lifetime! I closed and opened my Mahzooz app multiple times to confirm I actually …
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UAE’s new digital bank Zand set to launch ‘imminently’ after Dubai Bank acquisition
The shareholders of Zand, the upcoming digital bank in the UAE, have acquired the majority of shares in Dubai Bank from Emirates NBD. The move will support the “imminent” launch of the new bank, which …
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UAE – India: MapmyIndia founders now worth $586 million following IPO debut
And their net worth shot up to $586 million on Tuesday. “Our data modeling is our key IP and that’s what gives us a head start in this field,’ Rakesh told the media recently.“We’ve mapped 99.99 per …
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UAE jobs: Emirates, flydubai hiring for multiple vacancies
Dubai airlines to recruit several employees over coming months By Waheed Abbas Published: Wed 22 Dec 2021, 5:19 PM Last updated: Wed 22 D …
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Saudi Arabia’s CMA approves IPO application of digital security firm Elm
Saudi Arabia’s Capital Markets Authority (CMA) said on Wednesday it has approved an initial public offering digital security firm Elm, which is owned by the kingdom’s sovereign wealth fund.
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Al Ansari Exchange wins Dubai Chamber’s MRM Customer Excellence Award
In recognition of its commitment to deliver outstanding customer experiences, Al Ansari Exchange, the UAE-based foreign exchange a …
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Digital bank Zand set for ‘imminent launch’ after Dubai Bank deal
The shareholders of Zand, the first digital bank in the UAE to provide both retail and corporate services, have completed the acquisition of the majority of shares in Dubai Bank ahead of its planned …
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