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Tag: finance

Posted on 14/12/2021

Singapore overtakes Dubai in rupee trading

Dubai has lost out to Singapore as the top offshore market for trading in the rupee. The Singapore Stock Exchange (SGX) had a 76 per cent share in rupee-dollar futures as 58,651 contracts were traded …
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Posted on 14/12/2021

UAE cabinet reviews government performance and rankings in 2021

Chairing the last cabinet meeting scheduled for 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, affirmed that the UAE has …
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Posted on 14/12/2021

UAE – Maktoum bin Mohammed meets with Chairman of the Cabinet of Ministers of Kyrgyzstan

H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, today received Akylbek Japarov, Chairman of the Cabinet of Ministers of …
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Posted on 14/12/2021

Dubai Holding names new CEO for entertainment division

Dubai Holding, a diversified global investment company with operations in 13 countries, has announced the appointment of Fernando Eiroa as the new Chief Executive Officer of Dubai Holding …
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Posted on 14/12/2021

Why COP28 in the UAE is a major achievement

The UAE as a host will aim to mobilise a step up … Another important topic on negotiations table is the broken promise of climate finance. Despite that developed countries agreed in 2009 to …
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Posted on 14/12/2021

Ajman’s Department of Finance partners with 12 top local banks to ease payments of government fees

As part of its keenness to ensure customer satisfaction, the Ajman’s Department of Finance signed agreements with 12 top local banks in the country to offer “easy payment plan”, which allows …
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Posted on 14/12/2021

Dubai Is Bait in War for Coder Talent Fought by Israel Firms

One of Israel’s fastest-growing technology firms is opening a Dubai office to lure international talent as a way around the chronic labor shortage plaguing the industry at home.Most Read from …
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Posted on 14/12/2021

UAE property prices set to rise in 2022 amid government initiatives, experts say

UAE property prices are set to continue rising in 2022, driven by supportive economic reforms and an accelerated vaccination programme that has helped to hasten a rebound from the coronavirus-induced …
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Posted on 14/12/2021

Dubai Holding appoints Fernando Eiroa as CEO of Dubai Holding Entertainment

leading the IPO of one of the largest global groups, operating more than 60 parks in 14 countries across all segments and regions. As Chief Executive Officer of Dubai Holding Entertainment …
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Posted on 14/12/2021

UAE Central Bank imposes Dh19.5m penalty on bank under strict anti-money laundering rules

Dubai: UAE’s Central Bank has imposed a Dh19.5 million sanction on a bank in the UAE under the country’s Anti Money Laundering and Combating the Financing of Terrorism and Illegal Organisations law.
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Posted on 14/12/2021

UAE Central Bank mulls emiratisation of some banking and insurance roles

The UAE Central Bank is mulling the emiratisation of certain job roles in the banking and insurance sectors, official news agency WAM reported. The topic was discussed during the bank’s board meeting …
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Posted on 14/12/2021

UAE cbank considers Emiratisation of top banks

The UAE central bank, during its fifth board meeting this year, discussed a proposal for conducting a study on a job nationalisation programme and Emiratisation of leading professions by qualified UAE …
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Posted on 14/12/2021

UAE, Iraq partner to enhance banking supervision

The Central Bank of the UAE (CBUAE) and the Central Bank of Iraq (CBI) have signed a memorandum of understanding (MoU) to enhance cooperation on banking supervision matters. The MoU covers three main …
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Posted on 14/12/2021

UAE was exceptional in 2021 2022 will be greater: Sheikh Mohammed

The UAE leader noted that 2021 was full of challenges. However, he expressed great hope for the new year. “My personal expectations are that 2022 will be better, more beautiful and greater,” he said.
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Posted on 14/12/2021

UAE Central Bank considers Emiratisation of banking, insurance sectors

Discussed during the meeting was a proposal for conducting a study on a job nationalisation programme and Emiratisation of leading professions by qualified UAE citizens in the banking and insurance …
( read original story …)


Posted on 13/12/2021

Central banks of UAE and Iraq sign deal to boost co-operation

The UAE Central Bank has signed a preliminary agreement with the Central Bank of Iraq (CBI) to enhance co-operation on banking supervision matters. The agreement covers three key areas — control and …
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Posted on 13/12/2021

UAE: Salaries in 2022 to increase by 3 per cent?

New Salary Guide 2022 indicates an increase in hiring trend in the UAE Dubai: A new study on expected salaries in the UAE in 2022 indicates that workers may be looking at a slight increase in their …
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