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Tag: finance

Posted on 11/10/2022

Al Hilal Bank’s digital innovation transforms the UAE consumer banking landscape

Al Hilal Bank took a major step in the transformation of the UAE consumer banking landscape on 2/2/2022 through its relaunch as a fully digital bank.
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Posted on 10/10/2022

Dubai at forefront of accelerating growth and innovation: Maktoum

Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai, and Deputy Prime Minister and Minister of Finance of the UAE, on Monday officially opened Gitex Global 2022, the world’s …
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Posted on 10/10/2022

Flying car X2 makes history with first public test flight in Dubai

The strategy also focuses on enhancing Dubai’s business environment to become a driver of economic growth focused on multinational companies as well as to encourage and support these companies to be …
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Posted on 10/10/2022

UAE Cabinet approves $68.7bln federal budget for 2023-26

A budget for the year 2023 has been allocated, with total estimated expenses of 63.066 billion UAE dirhams The UAE cabinet meeting approved on Monday the Federal General Budget for 2023-2026, with a …
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Posted on 10/10/2022

Dubai: Flying cars, self-driving taxis, futuristic transport, talking robots take centre stage on Gitex Day 1

Flying cars, futuristic vehicles, interactive robots and innovative solutions to common problems marked the first day of the technology exhibition Gitex. I..
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Posted on 10/10/2022

Important real estate terms UAE property investors should know before buying

Dubai property prices, particularly in prime areas … Tenure is the number of years to repay your mortgage, says Mohamad Kaswani, managing director of Mortgage Finder. The standard tenure is 25 years …
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Posted on 10/10/2022

Commercial Bank of Dubai, Enoc Group launch of CBD Yes Rewards Credit Card

Commercial Bank of Dubai, a leading bank in the UAE and Enoc Group, leading integrated global oil and gas player operating across the energy sector value chain, announced their partnership to launch a …
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Posted on 10/10/2022

OneConnect unveils OneConnect Smart Technology in the UAE

OneConnect Financial Technology Co., Ltd (“OneConnect” or the “Company”, Stock Code: 6638.HK), a leading Technology-as-a-Service (“TaaS”) provider, today unveiled OneConnect Smart Technology (ME) …
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Posted on 10/10/2022

UAE Ministry of Finance discusses means of enhancing UAE-Seychelles strategic partnership

The meeting looked at the need to keep advancing the UAE-Seychelles relations in all areas, particularly in the commercial, economic, and financial sector …
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Posted on 10/10/2022

UAE ruler to meet Putin in Russia on Oct 11 as war escalates

The UAE leader’s visit comes as Mr Putin’s almost eight-month invasion escalates in the wake of a string of Ukrainian advances. Read more at straitstimes.com.
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Posted on 10/10/2022

Linklaters advises Burjeel Holdings on its IPO on the Abu Dhabi Securities Exchange

Linklaters advised Burjeel Holdings on its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX). The IPO represents the first listing by a privately owned company in the United …
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Posted on 10/10/2022

Ministry of Finance discusses means of enhancing the UAE-Seychelles strategic partnership

The meeting, which took place at the ministry’s headquarters in Dubai, sought to discuss means of enhancing the UAE-Seychelles strategic partnership in areas of common interest …
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Posted on 10/10/2022

UAE FinTech Mamo secures DFSA approval to operate from DIFC

The regulatory nod to operate from the emirate’s financial centre, one of the top in the Middle East, Africa and South Asia region, will allow Mamo to carry out regulated money services and further …
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Posted on 10/10/2022

Gitex Global 2022: Robots and cars enthrall visitors as Dubai tech event opens big

Sheikh Maktoum bin Mohammed inaugurates much-anticipated tech event in Dubai Meet the robots and the ‘flying’ cars at Gitex Global 2022. The action on the ground on opening day of Dubai’s …
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Posted on 10/10/2022

National Bank of Fujairah partners with Finverity to grow supply chain and receivables finance book in MENA

The first partner in the region is Redington Gulf, the largest technology distributor in the Middle East and Africa.
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Posted on 10/10/2022

UAE FinTech Mamo receives regulatory approval in DIFC

The licence allows Mamo to further expand its products and services without user restrictions and provide unmatched security while fully complying with DFSA rules …
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Posted on 10/10/2022

Outlook: Top banks in the UAE are set to post higher Q3 net profit

Most UAE banks are expected to post higher net profit in Q3 2022, supported by higher interest rates and lower provisioning. Their performance in first-half 2022 had improved substantially on the back …
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