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Tag: finance

Posted on 23/12/2021

UAE – India: MapmyIndia founders now worth $586 million following IPO debut

And their net worth shot up to $586 million on Tuesday. “Our data modeling is our key IP and that’s what gives us a head start in this field,’ Rakesh told the media recently.“We’ve mapped 99.99 per …
( read original story …)


Posted on 23/12/2021

UAE jobs: Emirates, flydubai hiring for multiple vacancies

Dubai airlines to recruit several employees over coming months By Waheed Abbas Published: Wed 22 Dec 2021, 5:19 PM Last updated: Wed 22 D …
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Posted on 22/12/2021

Saudi Arabia’s CMA approves IPO application of digital security firm Elm

Saudi Arabia’s Capital Markets Authority (CMA) said on Wednesday it has approved an initial public offering digital security firm Elm, which is owned by the kingdom’s sovereign wealth fund.
( read original story …)


Posted on 22/12/2021

Al Ansari Exchange wins Dubai Chamber’s MRM Customer Excellence Award

In recognition of its commitment to deliver outstanding customer experiences, Al Ansari Exchange, the UAE-based foreign exchange a …
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Posted on 22/12/2021

Digital bank Zand set for ‘imminent launch’ after Dubai Bank deal

The shareholders of Zand, the first digital bank in the UAE to provide both retail and corporate services, have completed the acquisition of the majority of shares in Dubai Bank ahead of its planned …
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Posted on 22/12/2021

Dubai ruler to pay £550m to ex-wife — but ‘most expensive divorce’ in UK pales on world scale

Maktoum’s divorce settlement with Princess Haya includes payment of £251.5 million & a £290 million bank guarantee for annual payments.
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Posted on 22/12/2021

AlHuda CIBE UAE and Philippine Economic Zone Authority Signed MoU

AlHuda CIBE FZ LLE UAE & Philippine Economic Zone Authority will work together for the development of Islamic banking and finance in Philippines AlHuda Centre of Islamic Banking and Economics …
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Posted on 22/12/2021

Zand eyes UAE digital banking sector with strategic stake buy

Zand, the first digital bank to provide both retail and corporate banking,  is set for imminent launch in the UAE, (subject to final regulatory approvals from the Central Bank of UAE) following the …
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Posted on 22/12/2021

Dubai Healthcare City launches ‘Masari’ training programme to empower Emirati workforce

Dubai: Dubai Healthcare City Authority, the governing body of the Dubai Healthcare City (DHCC) Freezone, has launched ‘Masari’, a tailored employment training programme for Emiratis in support of the …
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Posted on 22/12/2021

Zand shareholders acquire majority stake in Dubai Bank from Emirates NBD

Dubai: The shareholders of Zand, the first digital bank to provide both retail and corporate services, have successfully completed the acquisition of the majority of shares in Dubai Bank as per its …
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Posted on 22/12/2021

MoIAT and MoF Start Implementing the In-Country Value Program on all federal government procurement in the UAE

Launched as part of the “Projects of the 50”, it will stimulate the industrial sector in the UAE, enhance its competitiveness and support the country’s future economic diversification pl …
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Posted on 22/12/2021

UAE jobs: 120,000 employment opportunities to be created by 2031

Programme aims to create up to 120,000 new jobs by 2031, a top government official said in Abu Dhabi. The UAE government programme, launched as part of the ‘Projects of the 50’, seeks to enhance …
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Posted on 21/12/2021

UAE implements ‘in-country value’ program to boost economy

Dubai: UAE’s Ministry of Industry and Advanced Technology and the Ministry of Finance announced that they have started implementing the In-Country Value Program on the procurement policies of all 45 …
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Posted on 21/12/2021

Dubai Islamic Bank launches digital banking app for the ‘connected generation’

Dubai Islamic Bank (DIB) announced on Tuesday the launch of rabbit, its new digital banking app in the UAE that promises a “new kind of financial experience for the connected generation”. Dubai …
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Posted on 21/12/2021

Dubai Islamic Bank launches Rabbit ‘FunTech’ app to target tech-savvy customers

Provided by The National Dubai Islamic Bank says its Rabbit app offers a “happy and fun-filled interaction” while serving the everyday financial needs of its new generation and …
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Posted on 21/12/2021

LPNT Officially Listed on Bittrex

Luxurious Pro Network Token (LPNT) is officially listed on bittrex exchange. Now there is another trading opportunity for holders of our coin to trade.Figure 1: LPNT officially listed on BittrexStart …
( read original story …)


Posted on 21/12/2021

Goodbye ‘Fintech’ Hello ‘FUNTECH’ A NEW BRAND rabbit HOPS INTO THE UAE

Dubai, UAE, 21 December 2021. rabbit, a new kind of financial experience for the connected generation launched today in the UAE. Simplicity, ease, ag …
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