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Tag: finance

Posted on 16/03/2022

SpaceChain Opens UAE Office to Accelerate Space-as-a-Service Adoption in the Middle East

SpaceChain today announced the opening of its UAE office in Abu Dhabi to mark its foray into the burgeoning space sector in the Middle East. Incorporated and operated under the legal entity of …
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Posted on 16/03/2022

UAE and Mauritius sign agreement to enhance Central Bank co-operation

This includes digital currencies, FinTech regulation, private and digital banking, green finance, RegTech and SupTech, which will contribute to achieving the common interests of the two countries …
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Posted on 16/03/2022

What Is Uae Economy Based On?

What Is Uae Gdp Made Of? have made up large shares of the UAE’s GDP by introducing non-oil sectors since the 1990s as part of its economic diversification program. Manufacturing …
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Posted on 16/03/2022

How Many Emirates Nbd Branches In Uae?

Name The Company Nbd Full Name? First a national bank established in Dubai, Emirates NBD was renamed to Dubai National Bank (NBD) on 19 June 1963 at the height of the economic boo …
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Posted on 16/03/2022

How Many Branches Of Rak Bank In Uae?

The bank, which operates 27 branches throughout the United States and has an electronic banking service portfolio, which includes Telephone and Digital Banking, offers personal and business banking …
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Posted on 16/03/2022

Dubai’s state-owned water, power utility plans IPO

PJSC was created in 1992 as a result of the merger of the Dubai Electricity Company and the Dubai Water Department.
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Posted on 15/03/2022

Dewa float kicks off Dubai IPO pipeline

Dubai Electricity and Water Authority (Dewa) has launched the first of what is expected to be around a dozen IPOs of state-owned companies in the UAE this year on Tuesday. The deal is the first new …
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Posted on 15/03/2022

Can I Pay For Uae Visa With Credit Card?

There is a majority acceptance of Visa and MasterCard in the UAE. As well as American Express and Discover, some large hotels and restaurants allow customers to withdraw money using these methods.
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Posted on 15/03/2022

‘World Blockchain Summit’ to begin in Dubai

World Blockchain Summit WBS Dubai, the most influential cryptocurrency and blockchain summit in the Middle East since 2017, will take place face to face. The focus of the event, which will be held on …
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Posted on 15/03/2022

How do I buy shares in Dubai Electricity and Water Authority (DEWA)? Here’s all you need to know

Any individual or institution can apply for an Investor Number (NIN) with Central Securities Depository LLC (Dubai CSD) in order to trade both DFM and Nasdaq Dubai liste …
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Posted on 15/03/2022

Snapchat Co-Founder and CEO meets UAE Minister of Finance on visit to Dubai

The pair discussed how the emirate is planning to strengthen its cooperation with international tech firms Snapchat Co-Founder and CEO meets UAE Minister of Finance on visit to Dubai digital economy, …
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Posted on 15/03/2022

Dubai gets set for IPO boom as utility giant DEWA offers 3.25b shares

DEWA will pay a ‘minimum’ of Dh6.2b a year as dividend – for next 5 years It’s here! The much anticipated DEWA IPO will launch its offer period on March 24. Image Credit: Devadasan K P/Gulf News Dubai …
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Posted on 15/03/2022

Global Soft Power Index: Sheikh Mohammed hails UAE’s top ranking

The UAE Vice-President has hailed the country’s top ranking in the Global Soft Power Index. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler …
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Posted on 15/03/2022

Dubai’s DEWA floats 6.5 percent stake in IPO, totalling 3.25bn shares, marking a “turning point” in Dubai’s capital market

DEWA intends to pay dividends twice each fiscal year – in April and October of each year – after the offering. It expects to pay a minimum dividend amount of AED 6.2 billion per annum, over the next …
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Posted on 15/03/2022

UAE leads Mena region on Global Soft Power Index, among top 15 worldwide

The UAE retains its position as the top position in the Middle East and North Africa on the Global Soft Power Index and also improving its ranking by two positions to the rated among the top 15 …
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Posted on 15/03/2022

UAE: Gold prices fall for a third day, hit their lowest in nearly two weeks, ahead of potential US rate hike

US central bank’s decision to hike rates on Wednesday to possibly weaken gold prices. UAE: Gold falls 1 per cent, drops for a third day ahead of potential US rate hike. Image Credit: Pixabay Gold …
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Posted on 15/03/2022

UAE Banks Federation calls upon SMEs in UAE to unlock their potential

With SMEs having such a sizeable impact on the national economy, UBF has vowed to support them through business-friendly initiatives that build on innovation, digitalisation, financial planning, …
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