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Tag: finance

Posted on 09/11/2021

New RT-PCR test centre opens in GDRFA-Dubai, results will be available within 24 hours

Dh280 for results within eight hours; Dh100 for results within 24 hours Dubai: A new 24-hour RT-PCR test centre, capable of catering to 1,000 visitors daily, was inaugurated at the campus of t (GDRFA) …
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Posted on 09/11/2021

UAE’s Dana Gas hikes dividend by 27% as sees more benefits from high crude oil prices

Oil is at $83 a barrel and could inch higher after hitting record lows last year Dubai: Dana Gas said it would increase its annual dividend by 27 per cent amid a surge in crude prices that is …
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Posted on 09/11/2021

Sharjah Ruler stops bank from auctioning citizen’s house

His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah has ordered a bank to stop auctioning a house owned by a UAE national. The bank planned to auction the …
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Posted on 09/11/2021

The startup fighting for open finance in Mena

Mirna Sleiman is on a mission to revolutionise the Middle East’s banking and financial sector. Having spent more than eight …
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Posted on 09/11/2021

Tiger Global Leads $12M Round in MENA Region’s Open Banking Fintech Tarabut Gateway

Dubai-based Open Banking firm Tarabut Gateway recently secured $12 million in capital via a pre-Series A round. The proceeds from the round will be directed towards expanding the company’s tech and …
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Posted on 09/11/2021

AlHuda CIBE UAE and CIFCA sign MoU in Dubai.

AlHuda Centre of Islamic Banking and Economics (Alhuda-CIBE) and Centre for Islamic Finance, Compliance and Advice (CIFCA …
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Posted on 09/11/2021

Dubai First partners with Mastercard to launch the first personalized mobile banking experience in MEA

Mastercard’s experiential customer engagement platform is introduced for the first time in the region with Dubai First
• The unique progr …
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Posted on 08/11/2021

Dubai hotels boast three million room nights in single month

Room nights up to September 2021 surpassed 21 million. Dubai hotels boast three million room nights in single month. dubai hospitality, dubai hotels, dubai tourism, Dubai tourism report, hospitality …
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Posted on 08/11/2021

Gold hits two-month peak as investors cheer dovish central bank stance

Spot gold rose 0.2 per cent to $1,819.52 per ounce by 0623 GMT (10.23am UAE time), having hit its highest since September 7 earlier in the session. US gold futures gained 0.3 per cent to $1,822.10.
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Posted on 08/11/2021

UAE real estate has potential to attract up to $450b investments

The UAE looks set to become a global economic centre of gravity in post-Covid era because of its successful strategy …
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Posted on 07/11/2021

Why ‘green’ finance will increasingly play a key role in GCC real estate investments

Senior Mashreq Bank exec says asset managers and fund allocators are increasingly prioritising companies that are ESG-focused …
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Posted on 07/11/2021

$9.23bn commercial property transactions in Dubai in Q3

As many as 2,845 commercial property transactions worth AED33.9 billion ($9.23 billion) were recorded by the Dubai Land Department (DLD) in Q3 2021, according to the latest Dubai Commercial Property …
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Posted on 07/11/2021

Ukrgas Bank inks deal with Emirate Mashreq Bank at USD35M

Ukrgas Bank in Ukraine and UAE’s Mashreq Bank have finished the initial deal on organized exchange finance, according to Ukrgas Bank’s media briefing.
( read original story …)


Posted on 07/11/2021

How these UAE millennials work towards their common goal of financial independence

Here is a list of five rules millennial residents stick to in order to achieve this dream Dubai: Many UAE millennials strive to achieve financial freedom by the time they turn 45. But is it possible, …
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Posted on 07/11/2021

Emirates First Group launches premium services brand

UAE-based Emirates First Group has announced the launch of e-First Global, its premium business set-up and investment advisory services unit in Dubai. The Group currently operates through six branches …
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Posted on 06/11/2021

Dubai sets up new entity to join top five global cities

In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, has setup Dubai’s Department of Economy and Tourism by combining …
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Posted on 06/11/2021

Sheikh Mohammed bin Rashid meets president of Colombia at Expo 2020 Dubai

Dubai: , Vice-President and Prime Minister of the UAE and Ruler of Dubai, along with Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of …
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