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Tag: finance

Posted on 06/01/2022

RedHill Biopharma and Gaelan Medical Enter Into License Agreement for Talicia® for the United Arab Emirates

RedHill Biopharma Ltd. (Nasdaq: RDHL) (“RedHill” or the “Company”), a specialty biopharmaceutical company, announced that it has entered into an exclusive license agreement with Gaelan Medical Trade …
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Posted on 06/01/2022

JinkoSolar’s Subsidiary Jinko Solar Co., Ltd.’s Updated IPO Prospectus and Indicative IPO Timetable Published by the Shanghai Stock Exchange

JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, is in the process of applying for an initial …
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Posted on 06/01/2022

Biggest UAE Bank Taps Bin Tarraf to Replace Departing COO

First Abu Dhabi Bank PJSC has appointed Suhail Bin Tarraf to the role of group chief operating officer, according to people familiar with the matter, in one of the most important personnel choices …
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Posted on 06/01/2022

Gold hits one-week low on US central bank’s rate hike signals, down Dh3 per gram in the UAE

Gold prices slid to one-week low on Thursday as minutes of the US Federal Reserve’s December meeting signalled quicker increases to interest rates, boosting the US dollar and government bond yields US …
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Posted on 06/01/2022

Dubai: YouTuber to live in glass room near Burj Khalifa to help raise $10 million for refugees

A content creator will live in a glass room in Downtown Dubai near the Burj Khalifa until a UAE campaign raises $10 million. The World’s Coolest Winter campaign, which celebrates the UAE’s most …
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Posted on 06/01/2022

Dubai’s Global Ventures close to raising $100mln target for second fund

DUBAI – Dubai-based Global Ventures is close to meeting a $100 million target for its new fund after attracting investments from Abu Dhabi and Saudi Arabia’s state investors, insurer Bupa Arabia and U …
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Posted on 06/01/2022

Stocks, gold, metaverse, Bitcoin, cryptocurrency ETFs or NFTs: Where do I invest my money in 2022?

Here are the top investment themes to keep in mind while investing in 2022 Dubai: When it comes to money … in a detailed report. Buy gold to hedge inflation in 2022: Analysts Buy gold to …
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Posted on 06/01/2022

Indian rupee dips against UAE dirham on US central bank’s aggressive rate hike stance

Declining on signs US central bank might hike interest rates faster to cool inflation Dubai: The drop is in line with stocks worldwide declining following US policymakers’ talks to reduce the top …
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Posted on 06/01/2022

CS Event’s 2nd Banking Revolution Summit to focus on the future of the banking technologies

More than 50 percent population in the Middle East and Africa remains unbanked, while financial technology is disrupting the region’s banking and …
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Posted on 06/01/2022

UAE companies keen to invest in semiconductor businesses and technical industries in US

UAE companies are keen to invest in technical industries, semiconductor businesses and information technology projects in the world’s largest economy, according to a senior official from the Ministry …
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Posted on 06/01/2022

UAE economy to grow 4.2% in 2022: central bank

UAE’s central bank expects the country’s real total GDP to grow at a stronger pace by 4.2 percent and non-hydrocarbon real GDP to increase by 3.9 percent in 2022. “However, economic projections are …
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Posted on 05/01/2022

IPO-bound Delhivery invest in Falcon Autotech

The investment is in line with its stated objective of sustained investments in future-ready hardware solutions in its operations …
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Posted on 05/01/2022

DMCC’s Fifth Dubai Diamond Conference Gains Endorsement and Sponsorship from Leading Diamond Industry Companies

DMCC– the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – is pleased to announce that it will be hosting the fifth edition of its Dubai Diamond …
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Posted on 05/01/2022

Over 200 fintech leaders for banking summit in Dubai

The upcoming Middle East Banking Revolution Summit in Dubai, UAE will be attended by more than 200 bankers and financial technology leaders, 35 speakers representing more than 100 financial …
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Posted on 05/01/2022

UAE is bringing about structured changes to legacy ‘Commercial Agency Law’

This past year has been one of sweeping legislative innovation for the UAE and emblematic of the country’s expansive, international outlook when it comes to easing the way for businesses of all kinds …
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Posted on 05/01/2022

New UAE law: 11 things all bank account holders should know

Banks operating in the UAE can no longer stop payment against a cheque even when the cheque drawer’s account does not have enough funds to cover the full amount. Instead, they can make partial …
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Posted on 05/01/2022

UAE – Mubadala claims ‘2021 Fund of the Year’ award

Mubadala Investment Company, the Abu Dhabi-based sovereign investor managing a global portfolio of assets valued at US $243 billion, today announced claiming the ‘2021 Fund of the Year’ award, which …
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