Tag: finance

Faced with soft demand and an oversupplied market, the UAE steel industry is hard pressed to reach its pre-pandemic numbers this year, the CEO of Conares, the country’s second largest steel …
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More private sector companies in the UAE are looking to hire talented Emiratis, particularly in technology, finance, retail, auto, healthcare an …
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Aafaq Islamic Finance’, a leading institution in the financial sector that provides financial products and services compliant with the provisions of Is …
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Decline in costs and impairments continue to support bank’s profitability Dubai: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE reported a net profit of Dh1.86 billion for the first …
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Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE and the second largest Islamic bank in the world, today announced its results for the …
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Ajman Bank and Commercial Bank of Dubai have raised $350 million (Dh1.28 billion) in Murabaha syndicated financing for the government of Pakistan.The two UAE banks acted as mandated lead arrangers and …
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Emirate’s biggest bank’s total income for the first half of 2021 was up 9% to $3.1bn over the first six months of the year due to increased transactional activity and stable net interest margins …
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The transaction was fully subscribed by 12 banks. Ajman Bank PJSC also acted as Investment Agent on the facility …
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Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE and the second largest Islamic bank in the world, has announced an improvement in profitability with a total income of AED5.8 billion and …
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Ajman Bank PJSC and Commercial Bank of Dubai have concluded Pakistan’s $350 million murabaha syndicated financing. Originally mandated for $200m, the Islamic Syndication Facility attracted more than …
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The three largest banks in the United Arab Emirates reported a drop in impairment charges by nearly a third in the first half as they took advantage of an economic recovery from the Covid-19 pandemic.
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Key Companies Covered in the GCC Outbound Travel and Tourism Market Research Report Are airlines, hotel chains, travel agencies, travel insurance companies, and other key market players.New York, …
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A fake website of the UAE Embassy in India being used to extort money from UAE residents stuck in India due to the COVID-19 entry restrictions has been blocked after the scam came to light following …
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Provided by Khaleej Times More UAE companies now hiring Emiratis . More private sector companies in the UAE are looking to hire talented Emiratis, particularly in technology, f …
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Invest Africa ( the leading business and investment platform for African markets, and Standard Chartered Private Bank, a leading international private bank for emerging market clients, are pleased to …
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The Central Bank of the UAE (CBUAE) has issued a new Guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT) for its licensed financial institutions (LFIs) on the …
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Tristar says upbeat results show operational ‘resilience’ amidst improving conditions Dubai: The Dubai-based logistics company Tristar Group recorded gains on both revenues and net profit for the …
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