The UAE’s Ministry of Finance has successfully closed its offering of a $4 billion US dollar-denominated multi-tranche sovereign bond package. The bonds, which is comprised of medium and long-term …
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UAE central bank, Abu Dhabi Global Market sign MoU to support fintech
The Central Bank of the UAE (CBUAE) and Abu Dhabi Global Market (ADGM) signed on Wednesday a memorandum of understanding (MoU) to further support the growth of the fintech sector in the UAE. The …
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Future of finance will see wider adoption of central bank digital currencies – UAE minister
The future of finance will see a (CBDCs) as a payment mechanism, a senior government official said on Wednesday. At the Future of Finance conference hosted by the UAE Central Bank, Ahmed Ali Al Sayegh …
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UAE central bank and Abu Dhabi GM agree joint fintech push
Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.
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Mashreq NEO to become first Digital Bank in UAE to use Facial Recognition for Bank Account Openings
Mashreq NEO collaborates with Ministry of Interior (MOI) to introduce an innovative face biometric based digital account opening process
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Fertiglobe IPO price range implies equity value of up to $6 billion
Dubai: Fertiglobe, a joint venture between Abu Dhabi National Oil Co and chemical producer OCI , on Wednesday set the price range for its initial public offering, implying an equity valuation for the …
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More UAE dollar bonds expected next year, local currency issues to follow
The United Arab Emirates federal government will be in the market next year for more dollar bond issuances and is working on plans to issue local currency debt, a finance ministry official said on …
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Central Bank of UAE sign MoU with ADGM to develop UAE FinTech sector
The Central Bank of the UAE (CBUAE) and Abu Dhabi Global Market (ADGM) have signed a memorandum of understanding (MoU) to collaborate on the development and growth of the UAE’s FinTech ecosystem …
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Mashreq NEO to become UAE’s first digital bank to use facial recognition for account opening
Mashreq NEO has collaborated with the UAE’s Ministry of Interior to introduce a face biometric-based digital account opening process.
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FAB joins UAE’s race for net-zero carbon emissions by 2050
Builds on FAB’s sustainable finance leadership including region’s first public Green Bond Abu Dhabi: In line with the UAE’s vision to promote sustainable economic growth in the region, First Abu …
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Central Bank of the UAE Summary report for Monetary & Banking Developments- August 2021
The Monetary Base expanded by 1.8 % rising from AED 436.9 billion at the end of July 2021 to AED 444.7 billion at the end of August 2021 …
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Fertiglobe sets price range for IPO, implies market cap of up to $5-$6 billion
Fertiglobe set the price range for its initial public offering on Wednesday, implying a market capitalisation of $5.5 billion to $6 billion.
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Fertiglobe IPO may raise as much as $827m
Fertiglobe, the joint venture between Abu Dhabi National Oil Company and Dutch fertiliser company OCI may raise as much as $827 million in an initial public offering after the company priced its …
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Fertiglobe sets price range for IPO, implies market cap of up to $5-$6 bln
Fertiglobe set the price range for its initial public offering on Wednesday, implying a market capitalisation of $5.5 billion to $6 billion.
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UAE Digital-First Bank Mashreq NEO Debuts Facial Recognition
Digital bank Mashreq NEO, based in the United Arab Emirates, is letting residents open bank accounts with facial recognition technology.
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UAE MoF to participate in GITEX Technology Week 2021
ABU DHABI- The Ministry of Finance (MoF) today announced its participation in the 41st edition of GITEX Technology Week 2021, which will be held from 17th to 21st October at Dubai World Trade Centre.
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Sheikh Khaled bin Mohamed bin Zayed launches Dh5b Abu Dhabi IPO Fund
The fund will help private companies through the IPO process by providing liquidity Dubai: Abu Dhabi has launched a Dh5 billion IPO Fund to serve as ‘catalyst’ for further growth of the Abu Dhabi …
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