The United Arab Emirates said a blast that rocked the capital overnight was caused by an exploding gas cylinder and warned the public not to spread rumors amid heightened fears following a series of …
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Postpay partners with the Commercial Bank of Dubai
Commercial Bank of Dubai (CBD) one of the leading banks in the UAE has approved a debt financing deal with Postpay, a omni-channel …
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Dubai Islamic Bank prices $750 million senior sukuk at 2.74%
Investor demand was strong with an orderbook that was more than 2.5 times oversubscribed Dubai Islamic Bank (DIB) priced its $750 million 5-year sukuk issue with a profit rate of 2.74 per cent per …
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The Debt Panel: ‘Can I pay my UAE loan off from my home country?’
I have been living in the UAE for the past seven years and lost my job in 2021. I haven’t been able to find another one and my savings are almost gone. I have cut down on my day-to-day living expenses …
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UAE making ‘step change’ in fight against financial crime, says Sheikh Abdullah bin Zayed
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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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.
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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 …
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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 …
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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 …
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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.
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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.
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