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Tag: finance

Posted on 23/04/2022

Local Press: The UAE is building bonds for the future

The Ministry of Finance on Wednesday announced the launch of dirham-denominated treasury bonds. “The initiative is expected to build a local currency bond market and raise alternative sources of …
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Posted on 23/04/2022

UAE’s e-retailers struggle with 0% delivery charges – but will shoppers pay extra?

When delivery charges are added, shoppers tend to lower their order size Dubai: Are you a shopper who insists on zero delivery charges before placing an order? If yes, then spare a thought for the …
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Posted on 23/04/2022

Banking, IT and Marketing Are Most Popular Industries Among UAE Job Seekers in 2022

This year, many industries in the UAE are thriving with new career opportunities for professionals, with most job seekers interested in working in Banking/ Finance/ Accounting (8%), IT/ Internet …
( read original story …)


Posted on 23/04/2022

Good News : Indians in UAE can now pay using BHIM UPI

Bharat Interface for Money (BHIM) is an app that lets you make simple, easy, and quick payment transactions using Unified Payments Interface (UPI).
( read original story …)


Posted on 22/04/2022

Tarabut Gateway becomes an Open Banking platform in the UAE

Tarabut Gateway has been granted a licence by Dubai Financial Services Authority to provide money services in and from Dubai International …
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Posted on 22/04/2022

ADCB joins UAE trade finance blockchain consortium

UAE Trade Connect (UTC) is proud to announce that Abu Dhabi Commercial Bank (ADCB) has joined its consortium of leading UAE banks utilising its blockchain platform to help de-risk trade finance. UTC …
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Posted on 22/04/2022

Local Press: UAE is building bonds for the future

ABU DHABI, 22nd April, 2022 (WAM) — The UAE’s Finance Ministry on Wednesday announced the launch of dirham-denominated treasury bonds, to build a local currency bond market and raise alternative …
( read original story …)


Posted on 22/04/2022

UAE’s DFSA grants license to open banking firm Tarabut Gateway

DFSA is the independent regulator of financial services in DIFC, the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. UAE’s DFSA grants license to open banking …
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Posted on 21/04/2022

UAE: Why investing in T-bonds would be more profitable than keeping money in a savings account

The UAE government will soon launch Treasury bonds (T-bonds) denominated in local currency for the first time to raise funds.The Ministry of Finance (MoF) UAE will issue T-bonds on behalf of the …
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Posted on 21/04/2022

What are local currency T-bonds and how can they boost UAE’s capital markets?

Provided by The National The UAE plans to auction its first T-bonds in May. Silvia Razgova / The National . Related: UAE launches dirham treasury bonds with an issuance size of …
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Posted on 21/04/2022

UAE Central Bank launches two new banknotes

The Central Bank of the UAE (CBUAE) has launched two new polymer banknotes, in five and ten dirham denominations. The banknotes, which have been enhanced by technical characteristics and security …
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Posted on 21/04/2022

Private School Operator Taaleem Picks Banks for Dubai IPO

(Bloomberg) — Private school operator Taaleem has picked EFG-Hermes and Emirates NBD Bank to lead a planned Dubai initial public offering, according to people with knowledge of the matter. We …
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Posted on 21/04/2022

Blackstone Hedge Fund Duo Are the Latest to Exit After Leadership Changes

Blackstone Inc. is losing two more managing directors from its hedge fund solutions group, according to people with knowledge of the matter.Most Read from BloombergKremlin Insiders Alarmed Over …
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Posted on 21/04/2022

Look: UAE Central Bank launches new Dh5 and Dh10 banknotes

The Central Bank of the UAE (CBUAE) on Thursday announced the launch of two new banknotes, in five and ten dirham denominations, made of polymer and enhanced by advanced technical characteristics and …
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Posted on 21/04/2022

Dubai’s Emirates NBD posts 18% rise in Q1 profit, higher rates to help

Dubai’s biggest lender, Emirates NBD, posted a rise of 18% in quarterly net profit as impairment allowances fell sharply on economic recovery from the pandemic, while higher interest rates boosted its …
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Posted on 21/04/2022

UAE looks to build local banking and financial sector with sale of dirham-denominated Treasury bonds

The UAE Ministry of Finance has assembled six local and international banks to participate in the primary market auction, including Abu Dhabi Commercial Bank (ADCB), Emirates NBD, First Abu Dhabi Bank …
( read original story …)


Posted on 21/04/2022

UAE looks to build local banking and financial sector with sale of dirham-denominated Treasury bonds

The UAE Ministry of Finance has assembled six local and international banks to participate in the primary market auction, including Abu Dhabi Commercial Bank (ADCB), Emirates NBD, First Abu Dhabi Bank …
( read original story …)


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