Global financial crime watchdog the Financial Action Task Force (FATF) on Friday said Middle East business hub the United Arab Emirates had been included on a list of jurisdictions subject to …
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Q1 2022 Gift Card and Incentive Card Industry Report UAE – Strong Growth in E-Commerce Shopping Expected to Drive the Market
Dublin, March 04, 2022 (GLOBE NEWSWIRE) — The “United Arab Emirates Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) – Q1 2022 Update” report has been added …
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UAE bank lending set to grow in 2022 amid strong economic recovery, S&P says
Banks in the UAE are expected to record an increase in lending growth this year as the Arab world’s second-largest economy charts a strong recovery from the Covid-19 pandemic, according to a new …
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UAE poised for FATF’s ‘gray list’ over allegations of ‘dirty money’
The United Arab Emirates is set for inclusion on a global watchdog’s “gray list” after some of its members indicated that the Gulf nation hadn’t made enough progress in tackling illicit financ …
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For India’s stock markets, an LIC IPO delay would be the right thing
Given global crisis, a mega IPO would have sucked up too much of liquidity Dubai: Are India’s stock markets and investors better off delaying the mega IPO from the Life Insurance Corporation of India …
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Undersecretary of Ministry of Finance Meets With IMF Article IV Consultations’ Mission
His Excellency Younis Haji Al Khoori, Undersecretary of Ministry of Finance (MoF), met with International Monetary Fund (IMF) Article IV consultations’ …
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UAE: 6 savings challenges’ that went viral and will pay off taking on
For Cristina Brown, a self-described savings-challenge designer and founder of the blog Happy Savings Co, money-saving challenges helped her go from spending to saving. “I recognised the need to save …
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UAE: 10 ways expats can invest and grow their money
Dubai’s new savings scheme for expats in the public sector has turned the spotlight on the need to financially prepare for retirement. Studies have shown that many expat employees in the country don’t …
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Dubai’s Emirates NBD’s net profit rises by 34 per cent to Dhs9.3bn in 2021
With 98 per cent of transactions now through digital channels, we continue to be a leader in digital banking and innovation.” Nelson added: “We continue to maintain a strict control on expenses and …
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Capital Bank lists $100m AT1 bond on Nasdaq Dubai market
The bond is the first issuance of its kind for a Jordanian bank on the region’s international financial exchange Capital Bank lists $100m AT1 bond on Nasdaq Dubai market AT1 bond, bond issuance, Bond …
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UAE Approves 5,000 jobs for UAE Nationals in Banking, Insurance Sector
H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs, and Chairman of the Board of Directors of the Central Bank of the UAE (CBUAE), chaired the meeting of …
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UAE’s Shuaa Capital lists tech-focused $100mn SPAC on NASDAQ New York
Special Purpose Acquisition Company will focus on identifying tech-enabled financial services businesses in the MENAT region UAE’s Shuaa Capital lists tech-focused $100mn SPAC on NASDAQ New York …
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Russia-Ukraine conflict: Oil is closing in on $120/barrel and that will please UAE, Gulf investors
In Asia, investors seem reassured by Fed chief Powell’s take on rate hike Dubai: Oil prices are inching closer to $120 a barrel as markets fixate on whether there will be enough supply coming to feed …
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UAE set to create 5,000 jobs for Emiratis in banking by 2026
The Central Bank of the UAE (CBUAE) has approved the Emiratisation of managerial positions in the banking and insurance sectors, with plans to create 5,000 new jobs by the end of 2026, in coordination …
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UAE: 5,000 jobs in banking, insurance to be created by 2026
The board of the Central Bank of the UAE approved the Emiratisation of managerial positions in the banking and insurance sectors, by approving the creation of 5,000 new jobs by the end of 2026. This …
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Central Bank approves creation of 5,000 jobs for UAE nationals in banking, insurance sectors by 2026
The board approved the Emiratisation of managerial positions in the banking and insurance sectors in coordination with the Emirates Institute for Banking and …
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Here’s how UAE banks can protect real-time payments from fraud
Jeremy Wilmot, chief product officer at ACI Worldwide tells Gulf Business how the company is preparing to help UAE banks connect to the nation’s central real-time payments infrastructure …
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