Tag: finance

Many need clarification on the legal ramifications when investing in virtual assets. Dubai: With the rise in popularity of digital investment assets like cryptocurrencies and the UAE approving a law …
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The profitability of the UAE’s banking sector recovered appreciably in 2021 and will grow further in 2022 on the back of anticipated economic recovery and the digital transformation of the banking …
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Capri Global has made its first ever historic foray into cricket by acquiring a franchise in UAE’s T20 league.
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Image Credit: Gulf News Archive Dubai: The energy giant ADNOC remains … which recently completed a Dh4 billion IPO, the retail and property conglomerate Majid Al Futtaim, and Emirates Global …
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The UAE Banking Pulse for FY 2021 suggests that, overall, banks have performed well on key income categories related to the markets Profitability of UAE banking sector recovers amidst cautionary winds …
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With the program, Cashee can access capabilities within Visa’s global network, as well as boosts its roll out to offer a digital payment solution to youth in MENA.
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The Financial Action Task Force, a Paris-based intergovernmental body that audits the ability of nations to detect and disrupt illicit finance, has censured the United Arab Emirates for not doing …
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Emirates NBD plans to fill a quarter of all senior positions with women over the next five years as Dubai’s biggest bank joins a global push for greater gender diversity. Females represent 41% of the …
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The partnership is part of Bahrain-based AFS’s Regional Partner Program that supports new and existing fintechs to launch operations across the region.
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and Zand Bank, one of the new generation of digital banks in the UAE. The company – which is ‘advanced talks’ with a prospective global partner for an entry into Europe and the US – has already …
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Dubai-based banking tech unicorn Zeta and Mastercard have signed a five-year global partnership. As part of the agreement, the firms will go-to-market jointly to launch credit cards with issuers …
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Emirates NBD Capital (EMCAP), the investment banking arm of Emirates NBD, one of the leading banking groups in the Menat (Middle East, North Africa and Turkey) region, led a record number of landmark …
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Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, met on Monday with Hela Cheikhrouhou, International Finance Corporation (IFC)’s regional Vice President for the Middle East, …
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The inclusion is unlikely to significantly affect the country as it is a net exporter of capital, the firm said UAE inclusion on FATF ‘grey list’ unlikely to have major impact on economy, says S&P …
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Knowing what role Foundations play for start-ups and new business ventures in the UAE Dubai: Over the last few years, a rising trend within the entrepreneur ecosystem is an increase in the number of …
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Dubai-based technology start-up Quiqup received a guarantee for a loan worth Dh5 million ($1.36m) from the Mohammed bin Rashid Innovation Fund (MBRIF) as it looks to support the growth of the “quick …
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and operating district cooling schemes in the UAE, as well as projects related to energy and water efficiency, and wastewater management. The framework will also help the company meet its commitments …
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