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Tag: finance

Posted on 25/07/2022

IFZA partners with Commercial Bank of Dubai to provide banking solutions

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
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Posted on 25/07/2022

IFZA partners with Commercial Bank of Dubai to provide exclusive banking solutions for IFZA partners and licensees

IFZA study reveals 50% of respondents believe business owners find it challenging to open a corporate bank account due to lengthy application processes, difficulty in compliance or lack of information …
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Posted on 25/07/2022

Ifza partners with CBD for exclusive banking solutions

Ifza Dubai, a top free zone in the UAE, has partnered with the Commercial Bank of Dubai (CBD) to provide Ifza Free Zone companies with quick and convenient access to banking services and financial …
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Posted on 24/07/2022

Zimbabwe launches $500 million mega project developed by UAE investor

President of Zimbabwe Emmerson Mnangagwa recently broke ground to launch the $500 million (Dhs1.83 billion) Zim Cyber City – a state-of-the-art mixed-use hi-tech park …
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Posted on 24/07/2022

CBI is the first UAE bank to be in the Metaverse

Commenting on the planned launch of CBI’s Metaverse location, Ali Sultan Rakkad Al Amri, the CEO of CBI said: “We are proud to be the first ever bank in the UAE and among the …
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Posted on 24/07/2022

VIDEO: Sheikh Mohammed meets a family during airport tour in Dubai, signs book

During his tour Sheikh Mohammed directed all airport entities to continue their efforts to further enhance global competitiveness and passenger experience at Dubai International Airports.
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Posted on 23/07/2022

3AC founders break their silence, talking about their trip to Dubai!

The founders of the hedge fund company 3AC, Su Zhu and Kyle Davies, went on to claim that the collapse of the company is regrettable. As the claim of the investors knocks the door of the company, the …
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Posted on 23/07/2022

Commercial Bank International is first bank in UAE to get to Metaverse

Dubai: Commercial Bank International has laid claim to be the first bank in the UAE to have ‘land’ on the Metaverse. It has opened up a presence in Decentraland, a blockchain-based ecosystem. “To keep …
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Posted on 23/07/2022

Investors Flock To Gulf IPOs

A spate of initial public offerings (IPOs) among the Gulf Cooperation Council (GCC) countries has attracted international investors seeking refuge from global markets battered by Russia’s invasion of …
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Posted on 23/07/2022

The missing founders of bankrupt crypto fund Three Arrows are reportedly setting up shop in Dubai

“We feel that it’s just the interest for everyone if we can be physically secured and keep a low profile,” one of the founders told Bloomberg.
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Posted on 23/07/2022

Golden chance for Indian expats to earn more in non-resident bank accounts

Dubai: Non-resident Indians (NRIs) can now earn more from their deposits in certain non-resident Indian bank accounts. This was after the Indian central bank removed the cap on how much interest rates …
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Posted on 22/07/2022

What you need to know about UBA Dubai operations

UBA had extended its operations to the United Arab Emirates with the official launch of its new branch at the Dubai International Financial Centre (DIFC). UBA, which is known as Africa’s global bank, …
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Posted on 22/07/2022

Indian expats: Earn more from deposits made in non-resident bank accounts till end of October

Dubai: Non-resident Indians (NRIs) can now earn more from their deposits in certain non-resident Indian bank accounts. This was after the Indian central bank removed the cap on how much interest rates …
( read original story …)


Posted on 22/07/2022

Three Arrows founders, en route to Dubai, describe ‘Long Term Capital moment’

After 5 weeks in hiding, the disgraced founders of Three Arrows Capital spoke extensively about the spectacular implosion of their once high-flying hedge fund, saying their bungled crypto speculation …
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Posted on 22/07/2022

UAE Glucometers Market 2022-2027: Rise in Demand for Non-Invasive Blood Glucose Meters Presents Opportunities – ResearchAndMarkets.com

UAE glucometers market is estimated to grow at a formidable CAGR during the forecast period. The market growth can be attributed to the rising incidences of diabetes and growing awareness among the …
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Posted on 22/07/2022

UAE Lamprell bidders extend $145mln financing, agree to make takeover offer

A consortium of potential buyers has provided a loan to the cash-strapped UAE-based oil rig builder Lamprell Plc that … 28 days from today–also include a $145 million secured bridge finance …
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Posted on 22/07/2022

UAE to support international efforts to curb spread of Covid-19

Al Hashimy participated in the Virtual Covid-19 Global Action Plan Foreign Ministerial Meeting, organised by Japan and the United States, with more than 30 countries and a number of specialist …
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