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Tag: finance

Posted on 13/05/2021

ParagonEX Dynamic to Showcase New Trading Solutions at iFX EXPO Dubai

ParagonEX Dynamic will present exciting new services as well as its flagship products at the live fintech event.
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Posted on 13/05/2021

Zulekha Hospitals chief Zanubia: ‘UAE has enough hospitals’

Healthcare capacities more than enough for population’s needs, says Zulekha Hospital chief Dubai: There’s one thing that Zanubia Shams will not be doing in a tearing hurry – building another hospital …
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Posted on 13/05/2021

Volvo Confirms It’s Considering An IPO, Could List On Stockholm Exchange Later This Year

Volvo has officially announced it is considering an initial public offering. The company’s board signed off on the move and the automaker will now evaluate a possible listing on the Nasdaq Stockholm …
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Posted on 12/05/2021

Adnoc Distribution gets MSCI EM Index inclusion

The inclusion, effective from May 27 2021, is expected to attract new foreign investors into Adnoc Distribution shares …
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Posted on 12/05/2021

UAE banks better positioned, thanks to economic recovery, high oil prices

The US bank expects that the UAE’s GDP will grow 2.4 per cent in 2021 and 3.5 per cent in 2022 as compared to 6.2 per cent contraction in 2020 …
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Posted on 12/05/2021

TAB Bank Rides Real-Time Payments Wave with Volante Technologies

TAB Bank, a full-service digital bank that services SME customers in all 50 states, selected Volante Technologies, the global leader in …
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Posted on 12/05/2021

UAE ranked among top 10 countries in 28 competitiveness indexes related to finance, taxes

Five major global organisations specialising in assessing competitiveness have ranked the UAE among the top ten countries in the world in 28 competitiveness indexes related to finance and taxes. This …
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Posted on 12/05/2021

Sustainable finance goes hand in hand with Islamic investing

The goal to uphold one’s ethical values and promote social welfare through investment has some origins in Sharia law, and it is also reflected in today’s sustainable finance solutions …
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Posted on 12/05/2021

Abu Dhabi’s ADNOC Distribution to join MSCI emerging markets index on May 27

Abu Dhabi-listed fuel retailer ADNOC Distribution announced on Wednesday that it will be included on the MSCI emerging markets index from May 27, 2021, it announced on Wednesday. ADNOC Distribution …
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Posted on 12/05/2021

Can Tencent-backed Waterdrop rebound from weak debut?

Shares of newly listed online insurance technology company Waterdrop fell another 6.8% to end Tuesday (11 May 2021) at US$7.92. They had tumbled 12.4 per cent at Monday’s close. At its New York Stock …
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Posted on 12/05/2021

Travel ban for UAE hospital operator B.R Shetty upheld in Karnataka High Court

Mumbai: A court on Wednesday refused to let BR Shetty, the founder of troubled hospital operator NMC Health, travel to the UAE, as it upheld a previous ruling. Shetty’s NMC, the UAE’s biggest hospital …
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Posted on 12/05/2021

Loan demand in UAE makes remarkable recovery in Q1

The Q1 2021 survey showed in terms of expectations, survey respondents expressed a positive outlook towards the upcoming quarter, foreseeing a rise in demand for loans from both consumers and …
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Posted on 11/05/2021

Federal Bank ties up with Mashreq Bank to offer instant money transfers from UAE to India

Mumbai: Federal Bank has entered into a strategic tie-up with Mashreq Bank one of the leading financial institutions in the UAE, to facilitate money transfers from the UAE to India. The partnership …
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Posted on 11/05/2021

Banking group unveils wealth management branch in Dubai

As multi-family office creates UAE operation to tap into the ‘underserved’ region #dubai #uae #wealthmanagement …
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Posted on 11/05/2021

This CEO is on a mission to create global citizens

DU Digital Globals Shivaz Rai has worked relentlessly to cater to the migration and business needs of executives.
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Posted on 11/05/2021

UAE, Italy export credit agencies discuss collaboration

Etihad Credit Insurance (ECI), the UAE Federal export credit company, and SACE, the Italian export credit agency recently discussed partnership in supporting sustainable development projects, trade …
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Posted on 11/05/2021

Federal Bank enters into tie-up with UAE’s Mashreq Bank

Federal Bank said on Monday it has entered into a strategic tie-up with UAE-based Mashreq Bank to facilitate money transfers from the UAE. Mashreq is one of the oldest banks and also the only …
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