H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Co …
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Mohammed bin Rashid issues Law regulating provision of digital services in Dubai
In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and P …
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How Many Branches Of Mashreq Bank In Uae?
Where Can I Deposit Cash In Mashreq Bank? With our Bulk Cash and Cheque Machines (BCCDM’s) Mashreq’s Bulk Cash and Cheque Deposit offer has now become available at all of Mash …
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Which Bank Is Best In Uae?
Which Bank Is Safest In Uae? First Abu Dhabi Bank (FAB) has been named the “Safest Bank in the Middle East” at the Global Finance magazine Best Banks Awards for a second conse …
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Dubai water and power utility defies global IPO gloom
Dubai’s main power and water utility is defying a global IPO gloom, with its listing poised to be the largest in Europe, the Middle East and Africa since Saudi Aramco’s in 2019.
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11 reasons to invest in the UAE
The UAE is one of the few countries that runs on smart economy, has a low crime rate, a high safety index, no personal taxes and 100 per cent foreign ownership in major industries …
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UAE banking sector pivots to new resilience mechanisms to spur growth
The UAE’s financial services sector is poised for growth in 2022 amid sweeping economic and fiscal reforms on the back of improved infrastructure and digital trends. The banking sector, following a …
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Dubai Financial Services Authority signs MoU with Central Bank of Mauritius
The MoU places an emphasis on technologies pertinent to financial services, regulation and supervision, to facilitate a more efficient and effective delivery of …
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UAE Banking Sector Poised for Growth in 2022, Amid Economic and Fiscal Reforms: KPMG Report
The top 10 UAE banks reported a 5 percent year-on-year increase in total assets worth AED 2,989 billion in 2021, and an increase of 42 percent i …
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UAE’s Landmark Group signs first sustainability-linked loan
Benefits from sustainable financing to be deployed towards sustainable initiatives Dubai: UAE’s Landmark Group signed its first sustainability-linked loan as the company looks to transition towards …
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UAE banks reap the DEWA IPO windfall, and there are more coming
UAE banks that have a significant share of funding … for future IPOs,” said the chief financial officer of a local bank. A surge in IPOs is expected to give a big boost to the loan margins …
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Government of Dubai increases DEWA IPO retail tranche to 760 million shares, floats 18 percent of the firm
Based on the previously announced price range of AED 2.25 to AED 2.48 per share, the retail tranche of DEWA IPO will now be between $465.62 million and $513.22 million Government of Dubai increases …
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EDB contributes Dhs1.91 billion to UAE’s GDP growth last year
Emirates Development Bank (EDB) has announced record growth over the past 12 months. The bank has made a Dhs1.91 billion contribution to the UAE’s GDP growth in 2021 through direct and indirect …
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Emirates Development Bank contributes Dh1.91b to UAE GDP in 2021
… banking accounts in 6 months of its banking app launch Over the past 12 months, to help accelerate its strategy and attract FDI into the UAE, the EDB has signed MoUs with 26 partners. Image …
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Emirates Development Bank announces $520m contribution to the UAE’s GDP
Abu Dhabi-based Emirates Development Bank (EDB) contributed Dh1.91 billion ($520 million) to the UAE’s gross domestic product over the past twelve months, as it continued to play a key role in …
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UAE: Fam Holding plans to list shares on Abu Dhabi Securities Exchange Second Market
Property developer Fam Holding plans to list its shares on the Abu Dhabi Securities Exchange (ADX) Second Market. “We are pleased to proceed with the procedures for listing the company in the ADX …
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Mashreq repositions NEOPAY as UAE digital payments continue to soar
Dubai banking major completes transition of its existing payments business into wholly owned subsidiary Mashreq repositions NEOPAY as UAE digital payments continue to soar digital payments, Dubai …
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