The group provides a wide array of medical expertise in the UAE and beyond, where the funding was initiated towards better equipping them as a national response to the COVID-19 pandemic …
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UAE Financial Intelligence Unit partners with Chinese counterpart to address money laundering
MoU to facilitate cooperation on the exchange of intelligence on anti-money laundering Dubai: The UAE Financial Intelligence Unit (FIU) has partnered with the China Anti-Money Laundering Monitoring …
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UAE’s Payit partners with Platx for whatsapp payments in the region
Merchants who enroll for this service can simply provide their whatsapp enabled mobile numbers to their customers.
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Dubai’s FAB partners with Al-Futtaim IKEA on home furnishing loans
UAE lender First Abu Dhabi Bank (FAB) has partnered with IKEA, part of Al-Futtaim Group, to offer customers of the National Housing Loan (NHL) programme, specialised personal loans to furnish their …
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UAE Financial Intelligence Unit in pact with China counterpart
MoU to facilitate cooperation on the exchange of intelligence on anti-money laundering Abu Dhabi: The UAE Financial Intelligence Unit (FIU) has signed a Memorandum of Understanding (MoU) with the …
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Dubai Financial Market: Beginning of a new era in capital market development in the UAE
Creation of Dubai Financial Market (DFM) was one of the first step in the creation of a well-structured capital market infrastructure in the UAE. The establishment of a formal stock exchange in Dubai …
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SoftServe Opens New Office in Dubai
SoftServe has opened a new office in Dubai as part of its initiative to support the rapidly expanding user base in the Middle East.
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Kuwait Finance House Q2 profit more than triples
A Kuwaiti trader is seen at the Kuwait Boursa stock market trading hall in Kuwait city, Kuwait September 16, 2019. DUBAI- Kuwait Finance House (KFH.KW), a Sharia-compliant bank, said on Tuesday net …
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Dubai Islamic Bank raises foreign shareholding limit to 40%
Dubai: Foreign investors can pick up to 40 per cent in Dubai Islamic Bank, which has received clearance from the Central Bank to raise the limit from 25 per cent. DIB, one of the biggest names in the …
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ADIB is the first UAE bank to use facial recognition for account opening
ADIB, announced the signing of a partnership with the Ministry of Interior (MOI) to allow opening of accounts remotely and digitally.
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PolicyBazaar eyes Rs 6k cr from IPO
The offer consists of fresh issuance worth Rs 3,750 crore and a Rs 2,267.5-crore offer for sale (OFS) by a clutch of existing shareholders, including SoftBank and the firm’s co-founder and group CEO …
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OT Security Firm Nozomi Networks Raises $100 Million
Nozomi Networks, a provider of operational technology (OT) and internet of things (IoT) cybersecurity solutions, said Monday that it has raised $100 million in Series D pre-IPO-funding round. Led by …
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Abu Dhabi Islamic Bank becomes the first UAE bank to use facial recognition for instant and secure account opening
ADIB becomes the first UAE bank to use facial recognition for instant and secure account opening The service enhances security against fraud and other forms of identity theft Abu Dhabi: . Through …
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1170.48% retail subscription coverage for Tanmiah IPO
The coverage ratio for the offered shares by individual subscribers (the “Retail Tranche”) reached 1170.48% and the total number of individual subscribers reached 69,598, injecting SAR 470,532, …
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Agriculture identified as the most promising sector for investment in sub-Saharan Africa
Agriculture has been identified as the most promising sector for investment in sub-Saharan Africa, according to a survey released by Dubai …
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Anghami & Addmind to Launch Anghami Lab, An Innovative Entertainment Concept to be Available in Major Cities Starting in Dubai & Riyadh
ABU DHABI, United Arab Emirates, Aug. 02, 2021 (GLOBE NEWSWIRE) — Ahead of its historic listing on NASDAQ New York via proposed merger with Vistas Media Acquisition Company, a special purpose …
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UAE: Now, open a bank account remotely using a selfie
UAE citizens and residents can now open a bank account from the comfort of their home by taking a selfie – and be done with the entire process in less than five minutes.Abu Dhabi Islamic Bank (ADIB) …
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