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Tag: finance

Posted on 10/08/2021

Azizi teams up with banking partners to extend financing offers in the region

Azizi Developments, a UAE private developer, merged with regional banking partners to extend home financing offers for the developer’s units in Al Furjan. Azizi teams up with banking partners to …
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Posted on 10/08/2021

Dubai Financial Services Regulator appoints new chief executive

The board of directors of the Dubai Financial Services Authority (DFSA) has announced the appointment of F. Christopher Calabia as the new chief executive of the DFSA.He will succeed Bryan Stirewalt …
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Posted on 09/08/2021

Bronze Wing Trading’s Success – Trade Finance Providers in Dubai

Watch this slideshare presentation to know how we Bronze Wing Trading, the SBLC Providers in Dubai supported a UAE buyer to import 50,000 MT of sugar from Brazil using Standby Letter of Credit. No …
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Posted on 09/08/2021

SBLC Providers in Dubai – Bronze Wing Trading in Dubai

Read this document to see how Bronze Wing Trading, the leading provider of trade finance in Dubai assisted a UAE buyer to import sugar from Brazil using Standby Letter of Credit. Being a genuine SBLC …
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Posted on 09/08/2021

Ajman Bank reports Dh61.9m profit in the first half of the year

Ajman Bank has achieved a consolidated net profit of Dh61.9 million for the first half of 2021, compared to a profit of Dh43 million for the same …
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Posted on 09/08/2021

Ajman Bank Reports Dh61.9 Million Profit In The First Half Of The Year

His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, Chairman of Ajman Bank, chaired the meeting of the Board of Directors of the Bank …
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Posted on 09/08/2021

Abu Dhabi Partners With Hedge Fund Business, Infrastructure Group

The Abu Dhabi Investment Office has partnered with hedge fund firm Florin Court Capital and investment group Tribe Infrastructure Group as part of its AED2 billion ($545 million) Innovation …
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Posted on 09/08/2021

This Edtech Startup Is Making Waves in UAE With Its ‘Coding for Kids’ Platform

Codeyoung, an Indian Edtech startup, has been able to generate massive traction in UAE by engaging over 8000 students within a span of a few months.
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Posted on 09/08/2021

WhatsApp enabled Transactions to be Supported in UAE with Assistance from First Abu Dhabi Bank and PLATX

WhatsApp enabled transactions will now be supported in the UAE with assistance from First Abu Dhabi Bank and PLATX.
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Posted on 08/08/2021

UAE flights: Airfares soar by 50% as stranded residents hope to return

Passengers who have arrived in the UAE or planned their trips before August 10 have shelled way higher amounts.
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Posted on 08/08/2021

UAE: Your phone can’t be hacked through calls about Covid-19 vaccine

You can safely make or receive calls about getting the Covid-19 vaccine in the UAE without the fear of getting hacked.#important notice @tdrauae would like to note that the rumors about receiving …
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Posted on 08/08/2021

De Montfort University Leicester to open campus in Dubai

One of the top UK government officials in Dubai has welcomed De Montfort University Leicester’s plans to open a new campus in the country later this year. Simon Penney, the UK’s Consul General for …
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Posted on 08/08/2021

UAE law: If I resign from my home country, how do I claim end of service benefits?

Question: I am employed with a Dubai firm, but am stranded in my home country (India) due to the ongoing travel restrictions. I have worked with the firm for over 30 years, and now am thinking of …
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Posted on 08/08/2021

Rapyd lands $300M Series E, as accelerated FinTech scene spurs growth

Israeli FinTech startup Rapyd charges on, completing another impressive mega-round of funding at a near $10B valuation. Rapyd CEO explains the company’s plans for the future. More acquisitions?
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Posted on 08/08/2021

Dubai Economy records 63% increase in DED Trader licenses during H1 2021

Dubai Economy also reported that 3,243 DED Trader licences were issued during the first half of 2021, a growth of 63 per cent compared to H1 2020, when 1,989 licences were issued. The numbers show …
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Posted on 07/08/2021

Can Foreigners Apply For A Mortgage Loan In The UAE?

Advertisement The UAE is home to thousands of expats coming from all over the world. According to the latest stats, the percentage of expatriates reaches 88.52%. Most of the expats are people from …
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Posted on 07/08/2021

Dubai again proves its economic resilience

Dubai has once again proved its economic resilience by registering a strong 63 per cent year-on-year growth in trader licences during the first half of this year despite challenging environment across …
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