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Tag: finance

Posted on 19/12/2021

International banks to switch to Saturday-Sunday weekend in UAE

Wall Street-based JPMorgan is also adapting the same week in UAE, along with flexible practices such as a break for Muslim prayers on Fridays, the bank said in a statement.
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Posted on 19/12/2021

Delivery Hero’s Saudi rival Jahez prices IPO at top of range

Saudi food delivery firm Jahez, which competes with companies like Delivery Hero’s Hungerstation, is set to be one of the middle east’s most valuable public technology firms after pricing its initial …
( read original story …)


Posted on 19/12/2021

UAE to Audit All Gold Refineries After Facing Sourcing Criticism

Gold refineries across the United Arab Emirates will be required to carry out audits that prove bullion deliveries are responsibly sourced, according to the country’s Economy Ministry.Most Read from …
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Posted on 19/12/2021

UAE to Audit All Gold Refineries After Facing Sourcing Criticism

Gold refineries across the United Arab Emirates will be required to carry out audits that prove bullion deliveries are responsibly sourced, according to the country’s Economy Ministry.Most Read from …
( read original story …)


Posted on 19/12/2021

Sheikh Mohammed offers condolences to family of late UAE businessman Majid Al Futtaim

Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Sunday offered condolences to the family of leading Emirati businessman …
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Posted on 19/12/2021

Sheikh Mohammed offers condolences to family of late UAE businessman Majid Al Futtaim

Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Sunday offered condolences to the family of leading Emirati businessman …
( read original story …)


Posted on 19/12/2021

Dubai SME appoints McLedger as accounting partner

Dubai SME, an integrated division of the Department of Economic Development (DED), has appointed McLedger, the region’s first homegrown fintech cloud platform, as the official online bookkeeping …
( read original story …)


Posted on 19/12/2021

SocGen, BofA set to adopt Monday-Friday workweek in the UAE

While Dubai is the region’s main business and financial hub, most international banks have staff in Saudi Arabia, the Middle East’s largest economy SocGen, BofA set to adopt Monday-Friday workweek in …
( read original story …)


Posted on 19/12/2021

SocGen, BofA set to adopt Monday-Friday workweek in the UAE

While Dubai is the region’s main business and financial hub, most international banks have staff in Saudi Arabia, the Middle East’s largest economy SocGen, BofA set to adopt Monday-Friday workweek in …
( read original story …)


Posted on 19/12/2021

UAE Central Bank extends economic support until mid-2022

Financial institutions will continue to be eligible to access the collateralised Dhs50 billion zero-cost liquidity facility up to 30 June 2022 to provide new loans and financing to individuals and …
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Posted on 19/12/2021

Highly favourable outcomes can be expected from India-UAE FTA: Goyal

DP World is setting up India Mart Traders Market, a dedicated market for Indian businesses which would enable traders and manufacturers to trade with the UAE local market and regional market …
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Posted on 19/12/2021

UAE Central Bank to increase financial aid to lenders

The Central Bank of the UAE is increasing funding procedures intended at aiding lenders alleviate the impacts of the coronavirus pandemic by six mont …
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Posted on 19/12/2021

Why super apps are the future of retail banking

Majority of UAE consumers are using contactless cards and mobile wallets for transactions Why super apps are the future of retail banking Arabian Business News …
( read original story …)


Posted on 19/12/2021

Why super apps are the future of retail banking

Majority of UAE consumers are using contactless cards and mobile wallets for transactions Why super apps are the future of retail banking Arabian Business News …
( read original story …)


Posted on 19/12/2021

UAE: Extension of stimulus will ensure solid, sustained recovery

UAE economy is expected to grow at a convincing 2.1% this year, thanks to these measures The UAE economy has convincingly bounced back from the pandemic impact faster than expected with the help of …
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Posted on 19/12/2021

UAE – Ajman’s Department of Finance offers top up of ‘Ajman Wallet’ through ATMs of ‘Ajman Bank’

The Ajman’s Department of Finance and Ajman Bank have signed an agreement to provide the Ajman Wallet recharge service for the smart payment platform ‘Ajman Pay’ through the bank’s ATMs across the …
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Posted on 18/12/2021

UAE Central Bank to extend support until June 2022

The regulator extended banks’ capital buffers and liquidity and stable funding requirements until June 30, 2022, under the Targeted Economic Support Scheme (Tess) to aid balance and sustained recovery …
( read original story …)


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