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Tag: finance

Posted on 01/07/2021

Pakistan, UAE pledge to further cement mutual relationship

Both the dignitaries expressed their satisfaction over the current status of the strong ties between the two countries and pledged to further cement mutual relationship. They said bilateral ties …
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Posted on 01/07/2021

EDB and FAB partner on co-lending program for SMEs in UAE

EDB has entered into a Memoradum of Understanding with FAB on Credit Guarantee and Co-lending programs for SMEs in the UAE.
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Posted on 01/07/2021

UAE: Which is better for your rental budget, a short term or a long term lease?

The idea of committing too little or too much money on a contract can be a major stressor Dubai: But first, what is a lease? Before you move into an apartment, you’ll be prompted to sign a lease. A …
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Posted on 01/07/2021

UAE- EMEA markets continue to show resilience

Markets across the EMEA region continue to show their resilience in 2021, with several emerging markets offering some of the highest growth pote …
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Posted on 01/07/2021

SentinelOne becomes a publicly traded company

(“SentinelOne”), an autonomous cybersecurity platform company, officially became a publicly traded company on the New York Stock Exchange under the ticker symbol “S”. This marks an exciting new …
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Posted on 01/07/2021

Mohi-Din BinHendi: Meet the man who helped shape Dubai airport and Dubai Duty Free

Witty, charismatic, gracious and down to earth yet so larger thanlife, Mohi-Din BinHendi’s life is the stuff that legends are made of. The former director general of civil aviation (DGCA) – Dubai, now …
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Posted on 01/07/2021

Blockchain Company Casper Labs Expands UAE Presence

Blockchain services company Casper Labs, developer of the Casper Network, is working with His Highness Sheikh Juma bin Maktoum Al Maktoum’s SJM Group of Companies to deploy the Casper Network in the …
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Posted on 30/06/2021

Saudi regulator gives green light for ACWA Power IPO

Saudi Arabia’s Capital Market Authority said on Wednesday it has approved an initial public offering of an 11.1% stake in ACWA Power, a listing that has been expected for years. DUBAI, June 30 …
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Posted on 30/06/2021

UAE banks need to focus more on customer complaints as more services get digitalised

Dubai: UAE’s banking sector needs to pay more attention to customer service as they are going through rapid digital transformation, according to KPMG. While digitalization of banking and financial …
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Posted on 30/06/2021

A UAE bank’s satirical approach to consumer awareness

How Emirates NBD has launched engaging and amusing campaigns to fight fraud As a leading bank in the UAE, Emirates NBD has taken an active role in raising consumer awareness on safe, secure banking.
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Posted on 30/06/2021

UBF Hosts Workshop To Promote Cybersecurity Awareness And Improve UAE Banks’ Preparedness Against Threats

UAE Banks Federation’s Information Security Committee hosted today a workshop on Cybersecurity for UBF members as part of efforts to tackle the threats …
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Posted on 30/06/2021

Islamic Finance industry remains resilient amidst pandemic

Islamic finance and wealth management industry faced the dual shocks of adjusting to the pandemic and historically low oil prices in 2020. While the industry slowed down during …
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Posted on 30/06/2021

Five common types of bank fraud in the UAE

Here’s how some of the latest scams have played out in the UAE over recent months and how to handle them. In all cases, if you’ve shared any confidential financial information, immediately report your …
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Posted on 30/06/2021

UAE’s real estate, precious metals and stones business to face stringent anti-money laundering scrutiny

Dubai: Banks and licensed financial institutions (LFIs) providing financial services to real estate, precious metals and stones businesses are required to specifically assess money laundering and …
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Posted on 30/06/2021

Dubai Chamber of Commerce and Industry Restructured As Three Separate Entities To Support The City’s Ambitions As A Global Business Hub

A new board of directors has also been established for Dubai Chambers, which was recently approved by H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler …
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Posted on 30/06/2021

Aafaq Islamic Finance honours corporate clients again

E: Aafaq Islamic Finance, a leading institution in the financial sector that provides Shariah-compliant financial products and services across the UAE …
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Posted on 30/06/2021

KT edit: UAE is on course to be global trade hub

A recent report by global real estate consultancy Knight Frank testifies the fact that high-end properties with a value of over $10 million are in great demand.
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