The United Arab Emirates (UAE) said that the country has accepted former Afghan President Ashraf Ghani and his family for “humanitarian considerations.” “The UAE Ministry of Foreign Affairs and …
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Afghan central bank’s $10b stash to remain locked
The country’s central bank, Da Afghanistan Bank (DAB), is thought to hold foreign currency, gold and other treasures in its vaults, though the exact contents are unclear, according to an Afghan …
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Worldwide Sukuk Industry to 2026 – Featuring Al Baraka Banking, Dubai Islamic Bank and Kuwait Finance Among Others
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″ report has been added to ResearchAndMarkets.com’s offering. The global sukuk market exhibited strong growth during 2015 …
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Saudi National Bank’s investment arm and BNY Mellon to bring global securities services in KSA
The partnership will address demand to adopt global practices in asset management, brokerage, and custody functions in Saudi Arabia …
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Dubai’s Network International H1 revenue up a forecast-beating 16.5%
Dubai-based payments processor Network International NETW.L on Wednesday beat expectations with a 16.5% rise in first-half revenue as its merchant solutions business and main markets continued to …
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East Africa Development Bank Sued For Violation Of Contract
A Kenyan national Raphael Tuju has dragged to court the East Africa Development Bank (EADB) seeking KSh3.1 billion damages and violation of a mutual contract. In the case filed at the High Court and …
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Dubai-based Network International swings to $15mln H1 net profit
Dubai-based payments processor Network International has posted a net profit of $15 million for the first half of 2021, compared with a net loss of $936 million for the same period in 2021. It had …
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Raphael Tuju sues EADB Bank, seeks Sh3.1 billion for violation of contract
Jubilee party Secretary General Raphael Tuju has sued the East Africa Development Bank (EADB) for Sh3.1 billion damages and violation of a mutual contract. In the case filed at the High Court and East …
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Mother of British ‘danger tourist’, 21, who went on holiday to Kabul says she had no idea he was even there but is ‘relieved’ he is now safe after he landed in Dubai aboard …
Miles Routledge was evacuated to Dubai on a military flight with hundreds of others fleeing the Afghanistan capital after the Taliban took control.
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Dubai to unveil infra sector investment opportunities
DUBAI: Dubai plans to present several infrastructure sector investment opportunities to local and international investors as it looks to build a productive ecosystem of public-private partnership in …
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Philippines’ electric grid operator files for IPO
MANILA – Philippines’ Synergy Grid & Development Phils. Inc, majority owner of the country’s electricity grid operator, has applied for an initial public offering (IPO), the corporate regulator said …
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‘Idiot’ British student, 21, who went on holiday to Kabul shares video aboard RAF military plane as he lands in Dubai with hundreds fleeing new Taliban rule
Miles Routledge, 21, shared footage of him sitting alongside hundreds of other people fleeing the militant group as the aircraft touched down in the UAE.
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7 reasons to study in the United Arab Emirates
Want to study abroad but not sure where? Here are seven reasons why you should consider studying in the United Arab Emirates.
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Mubadala Capital’s SPAC’s IPO raises $200 million
Blue Whale Acquisition Corp I, a new special purpose acquisition company (SPAC) formed by Abu Dhabi’s Mubadala Capital, announced on Wednesday that it raised $200 million by offering 20 million units …
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Cover story: Why Dubai businessman Dariush Soudi is confident about future success
From poverty to tragedy, Soudi has seen it all. Yet he persevered against all odds and now has a remarkable life story to share.
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Saudi Aramco aims to raise at least $17 billion from gas pipeline -sources
Saudi Aramco is looking to raise at least $17 billion from the sale of a significant minority stake in its gas pipelines, higher than the $12.4 billion raised from its oil pipeline deal, sources …
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Court acquits three Dubai Bank bosses in Sh12.6m theft case
A Nairobi court has acquitted three Dubai Bank senior managers of Sh12.6 million theft and money laundering charges. Milimani chief magistrate Francis Andayi on Friday freed Abdul Hafedh Zubedi, Ali …
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