leading the IPO of one of the largest global groups, operating more than 60 parks in 14 countries across all segments and regions. As Chief Executive Officer of Dubai Holding Entertainment …
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UAE Central Bank imposes Dh19.5m penalty on bank under strict anti-money laundering rules
Dubai: UAE’s Central Bank has imposed a Dh19.5 million sanction on a bank in the UAE under the country’s Anti Money Laundering and Combating the Financing of Terrorism and Illegal Organisations law.
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UAE Central Bank mulls emiratisation of some banking and insurance roles
The UAE Central Bank is mulling the emiratisation of certain job roles in the banking and insurance sectors, official news agency WAM reported. The topic was discussed during the bank’s board meeting …
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UAE cbank considers Emiratisation of top banks
The UAE central bank, during its fifth board meeting this year, discussed a proposal for conducting a study on a job nationalisation programme and Emiratisation of leading professions by qualified UAE …
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UAE, Iraq partner to enhance banking supervision
The Central Bank of the UAE (CBUAE) and the Central Bank of Iraq (CBI) have signed a memorandum of understanding (MoU) to enhance cooperation on banking supervision matters. The MoU covers three main …
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UAE was exceptional in 2021 2022 will be greater: Sheikh Mohammed
The UAE leader noted that 2021 was full of challenges. However, he expressed great hope for the new year. “My personal expectations are that 2022 will be better, more beautiful and greater,” he said.
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UAE Central Bank considers Emiratisation of banking, insurance sectors
Discussed during the meeting was a proposal for conducting a study on a job nationalisation programme and Emiratisation of leading professions by qualified UAE citizens in the banking and insurance …
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Central banks of UAE and Iraq sign deal to boost co-operation
The UAE Central Bank has signed a preliminary agreement with the Central Bank of Iraq (CBI) to enhance co-operation on banking supervision matters. The agreement covers three key areas — control and …
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UAE: Salaries in 2022 to increase by 3 per cent?
New Salary Guide 2022 indicates an increase in hiring trend in the UAE Dubai: A new study on expected salaries in the UAE in 2022 indicates that workers may be looking at a slight increase in their …
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New UAE weekend: Flexible Friday timings, 4-day workweek for some private sector firms
The UAE government recently adopted the world’s shortest workweek, which will see public sector employees enjoy a two-and-a-half-day weekend from the new year. In Sharjah, the new weekend would be …
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Mauritius Commercial Bank gains new licence with Dubai FSA
Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.
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Russia’s largest bank eyes UAE capital for Islamic finance expansion
Sberbank is set to open its newest office in Abu Dhabi, with Islamic finance as the backbone of its business activity in the region Russia’s largest bank eyes UAE capital for Islamic finance expansion …
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Dubai Council: Planning for the future
How does Dubai continue to grow and prosper. How does it continue to climb the development index that it has embarked upon, and how can its future growth and stellar journey be continued? The answer …
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UK’s De Montfort University opens its first international campus in Dubai
It will offer students a range of undergraduate and postgraduate courses including cybersecurity, fashion marketing and psychology.
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Interview: Digital adoption is trending, but UAE banking must offer hybrid services, says Emirates NBD’s Suvo Sarkar
Despite the rising popularity of contactless transactions, customers still rely on the advice of relationship managers and banking officers …
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Bank of America expects busy year of Gulf IPOs
Gulf exchanges are likely to have another busy year of initial public offerings (IPOs) in 2022, possibly surpassing this year’s bumper crop, a Bank of America executive told Reuters.
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UAE participates in the first G20 Finance and Central Bank Deputies Meeting
Younis Haji Al Khoori, Undersecretary of the Ministry of Finance (MoF), participated in the first G20 Finance and Central Bank Deputies Meeting under the Indonesian G20 Presidency, which took place on …
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