UAE-based Emirates First Group has announced the launch of e-First Global, its premium business set-up and investment advisory services unit in Dubai. The Group currently operates through six branches …
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Dubai sets up new entity to join top five global cities
In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, has setup Dubai’s Department of Economy and Tourism by combining …
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Sheikh Mohammed bin Rashid meets president of Colombia at Expo 2020 Dubai
Dubai: , Vice-President and Prime Minister of the UAE and Ruler of Dubai, along with Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of …
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Dubai sets up two new courts to deal with financial disputes
The new courts will focus on dispute resolution in securities, shares, bonds, and other such financial instruments.
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Market-maker fund, IPO announcement drive DFM market
This move boosted the market sentiments, which were already high due to a Dh2 billion market-maker fund to boost trading on stock market. Analysts said the latest initiative is aimed at making Dubai a …
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UAE’s biggest bank prices $218m green bond as it embraces sustainable finance
First Abu Dhabi Bank (FAB), the UAE’s largest lender, has priced its second Swiss Francs (CHF) denominated green bond of 2021, reinforcing its commitment to sustainable finance. The CHF200 million …
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Sustainable finance key to net-zero goal
The UAE Sustainable Finance Working Group, comprised of numerous federal and local UAE regulators and exchanges chaired by Abu Dhabi Global Market (ADGM), has issued a high-level statement on …
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High-Level Statement on Sustainable Finance lauded
Earlier today, the UAE Sustainable Finance Working Group, comprised of numerous federal and local UAE regulators and exchanges chaired by Abu Dhabi Global Market (ADGM), issued a High-Level Statement …
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Ukrgasbank signs agreements with UAE’s bank for $35M
Ukraine’s Ukrgasbank and UAE’s Mashreq Bank have concluded the first agreements on structured trade financing, according to the Ukrgasbank’s press service. — Ukrinform.
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UAE regulators, exchanges pledge sustainable finance to advance net-zero goal
The UAE Sustainable Finance Working Group, comprised of local regulators and exchanges chaired by the Abu Dhabi Global Market, issued a high-level statement on sustainable finance, detailing their …
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Emirates NBD and US investment bank Moelis to advise DEWA on upcoming IPO?
Dubai: US investment bank Moelis and Emirates NBD have been hired to advise on the initial public offering (IPO) of Dubai Electricity & Water Authority (DEWA), sources have said. The Dubai Government …
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FAB, GMIS partner to boost SME’s access to finance and sustainable industrial growth
The Global Manufacturing and Industrialisation Summit (GMIS) today announced a partnership with First Abu Dhabi …
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Hong Kong, China, Thailand and UAE explore new uses of ‘mBridge’ digital currency project, including securities settlement
The mBridge digital currency project is looking to expand its use to capital market transactions, which could cut the settlement time to a few seconds.
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UPDATE 2-U.S. bank Moelis, Emirates NBD hired to advise on IPO of Dubai’s DEWA – sources
U.S. investment bank Moelis and Dubai lender Emirates NBD have been hired to advise on the initial public offering (IPO) of Dubai Electricity & Water Authority (DEWA), sources familiar with the matter …
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UAE, IRENA launch $1bn global platform to accelerate renewable energy at COP26
Platform, a new global climate finance facility to accelerate the transition to renewable energy in developing countries, has been launched . UAE, IRENA launch $1bn global platform to accelerate …
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How UAE’s decriminalisation of most bounced cheques will increase business confidence
In August, 11 percent of total funds cleared by banks were through cheques, signalling a strong reliance on this form of financial exchange …
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UAE, IRENA launch $1bn platform to finance renewable energy transition
The UAE has committed $400m in funding, provided by the Abu Dhabi Fund for Development, for the Energy Transition Accelerator Financing Platform.
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