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Tag: finance

Posted on 28/06/2022

PaySky launches yalla card and super app in the UAE

Cairo: PaySky, the leading digital payment solutions provider that disrupted the FinTech industy, launches Yalla Card and Super App in the United Arab Emirates, in partnership with its strategic …
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Posted on 28/06/2022

Dubai’s TECOM Draws Orders Worth $9.6Bln for IPO

Dubai business park operator TECOM Group said on Monday it drew orders worth $9.63 billion for its initial public offering, the latest Middle East listing to attract strong investor demand amid a boom …
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Posted on 28/06/2022

DIFC launches Open Finance Lab

Dubai International Financial Centre (DIFC) has launched the Open Finance Lab, a six-month programme designed to promote …
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Posted on 28/06/2022

DIFC launches the region’s first Open Finance Lab

Launch of the region’s first Open Finance Lab is in line with DIFC’s Strategy 2030 and follows the signing of an MoU between Central Bank of the UAE (CBUAE) and DIFC to promote the development and …
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Posted on 28/06/2022

Tarabut Gateway selected as platform partner by DIFC for the region’s first open finance lab

Tarabut Gateway, the largest Open Banking platform in the Middle East and North Africa (MENA) region with a market presence in Bahrain, UAE and KSA, announces it has been selected by the Dubai …
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Posted on 28/06/2022

Cash- starved Pak makes appeal for fresh loans, UAE offers bailout deal

In response to cash-strapped Pakistan’s request for fresh loans, the UAE has offered to buy minority shares in publicly-listed government-owned companies at a negotiated price …
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Posted on 28/06/2022

DIFC launches six-month finance lab programme

The lab will also run business and technical deep-dive workshops Dubai International Financial Centre (DIFC) has launched Open Finance Lab, a six-month programme to promote the development and growth …
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Posted on 28/06/2022

UAE Willing to Buy Minority Shares in Pakistan’s Government Firms

The United Arab Emirates (UAE) on Tuesday offered to buy Pakistan’s minority shares in publicly-listed government-owned companies at a negotiated price …
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Posted on 28/06/2022

TECOM Group completes Dubai’s most oversubscribed IPO, raising nearly $463 million

The demand, he added, was also reflective of investors’ “strong appetite” towards Dubai’s capital markets and overall economy. TECOM Group earlier announced it was listing 625 million ordinary shares …
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Posted on 28/06/2022

UAE Offers to Buy Shares in State Owned Companies on PSX

The United Arab Emirates (UAE) has offered to purchase minority shares in publicly traded state-owned enterprises at a negotiated price, as well as a seat …
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Posted on 28/06/2022

UAE and Gulf’s fintechs can help out with closing gender gaps

Gender parity is not only the right way, it also has the potential to untap significant economic value, adding up to $12 trillion to global growth, including $2.7 trillion to the …
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Posted on 28/06/2022

Don’t want to pay rent for an office for your UAE business? Try a flexi desk

A flexi desk may not be enough to apply for a business bank account in the UAE. • Your personal space may be restricted because you will spend or share desks or rooms with others.
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Posted on 28/06/2022

On bid to cut oil prices, what Macron has been told by UAE, Saudi

Saudi Arabia and the UAE have been perceived as the only two countries in the Organization of the Petroleum Exporting Countries (OPEC) with spare capacity to boost global deliveries that could reduce …
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Posted on 28/06/2022

EDB a ‘key engine of UAE’s industrial transformation agenda’

Emirates Development Bank is one of the “key financial engines of the UAE’s industrial transformation and economic diversification agenda”, and has contributed significantly to the country’s economy, …
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Posted on 27/06/2022

BlueCrest Hires Ex-Citadel Trader Wheeler for Dubai Expansion

Billionaire Michael Platt’s private investment firm is expanding operations to Dubai, with former Citadel money manager Chris Wheeler among those hired.
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Posted on 27/06/2022

UAE: Will my salary be affected if I file a labour complaint?

According to MOHRE, this is the process that is followed when an employer or employee raises a labour dispute: 1. If an employer or an employee, or an eligible party on their beha …
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Posted on 27/06/2022

Dubai leads major Gulf bourses higher ahead of TECOM IPO

Major markets in the Gulf rose on Monday, in line with Asian stock markets on improved market sentiment, with the Dubai index leading the gains ahead of TECOM Group’s IPO.
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