While the UAE represents a tiny proportion of this huge global sum, Sheikh Abdullah said “illicit finance poses a threat to the UAE’s international reputation and to the integrity of our world-leading …
( read original story …)
IPOs of 10 state entities in the offing?
Commenting on the IPO market in 2022, he said Dubai authorities are now focused on improving market breadth and liquidity with a market maker fund and a Dh1 billion fund to encourage technology …
( read original story …)
Dubai’s Cutting-edge Investment Firm, ICICB, Reveals Intriguing Details for its Upcoming Metaverse Project
DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / February 8, 2022 / There has been a clear understanding of the negative impact that the recent pandemic has engendered on major sectors such as finance, real …
( read original story …)
UAE signs agreement on mutual promotion and protection of investments with Mozambique
DUBAI, 8th February, 2022 (WAM) — The UAE, represented by the Ministry of Finance (MoF), signed an agreement to promote and protect mutual investments with the Republic of Mozambique. The …
( read original story …)
UAE: Bank charges accumulate for a free for life credit card
Bank upgraded credit card without my permission … Dear Reader, This section is about Living in UAE and essential information you cannot live without. Register to read and get full access to …
( read original story …)
Dubai’s investment bank Shuaa to issue Spac IPO
(MENAFN) Shuaa Capital, located in Dubai, presented a request along with the American market watchdog to roll out the initial public offering of one of its three prepared USD200 million …
( read original story …)
No shortage of reasons to be anxious about 2022 investments, says Emirates NBD CIO
Maurice Gravier, chief investment officer at Dubai’s largest bank … as well as debt from emerging markets, and importantly hedge-funds, with asymmetrical risk/return profiles. “We reiterate that …
( read original story …)
Dubai Financial Services Authority Strengthens International Ties and Signs its 110th MoU with the International Financial Services Centre Authority
The Dubai Financial Services Authority (DFSA … commodities futures trading, Islamic finance, insurance, an international equities exchange and an international commodities derivatives exchange.
( read original story …)
Their common love for theatre turned two UAE expats into business partners: How they turned their passion into profits
Having set up their production company in the UAE, the co-founders shared that … to believe that they truly deserve the access to finance. “Especially while raising funding women entrepreneurs …
( read original story …)
Dubai Islamic Bank gives initial price guidance for dollar sukuk
Dubai Islamic Bank , the United Arab Emirates’ largest Islamic lender, gave initial price guidance of around 120 basis points over U.S. Treasuries for five-year dollar-denominated Islamic bonds, a …
( read original story …)
Al Seer among anchor investors in Abu Dhabi Ports ahead of IPO
Al Seer Marine PJSC, has announced a sizeable investment of 375 million equity shares worth AED1.2 billion ($330 million) in Abu Dhabi Ports Group allocated ahead of its IPO. Al Seer will thus own …
( read original story …)
UAE – ETFs to spur growth of Islamic finance assets to $4.94 trillion by 2025
“Islamic finance has evolved significantly since it … including the expansion of the fintech industry and digital banks led by the UAE, Malaysia, Indonesia, Saudi Arabia, and Bahrain.
( read original story …)
UAE: Help! The bank refuses to give me a liability letter for my personal loan
“Top up for personal loan rejected, I want to move to another bank…” Get Breaking News … Dear Reader, This section is about Living in UAE and essential information you cannot live without.
( read original story …)
Dubai Islamic Bank appoints banks for sale of sukuk
(MENAFN) According on a document published on Monday, Dubai Islamic Bank, the United Arab Emirates’ biggest Islamic lender, has appointed banks to prepare a sale of five-year US dollar-denominated …
( read original story …)
Vedant Fashions IPO: GMP, subscription status on second day of issue
The three day initial public offering (IPO) of Vedant Fashions Limited … including 11 overseas EBOs across the United States, Canada and the UAE. “Vedant is well placed to benefit from growing …
( read original story …)
CyberArrow Signs MoU with the UAE Cyber Security Council and Wins Award for State-of-the-Art Awareness Platform
Dubai, United Arab Emirates–(Newsfile Corp. – February 7, 2022) – Recently, the Memorandum of Understanding (MoU) has been signed between CyberArrow’s Top Management and His Excellency Dr …
( read original story …)
UAE – Corporate tax: A sign of a credible economy
The Ministry of Finance of the UAE has made an announcement on January 31, 2022, for the implementation of federal corporate tax (CT) effective from the financial years starting on or after June 1 …
( read original story …)