These countries will be added to the UK’s amber list, with the changes coming into force from 4am on Sunday, August 8 …
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Mere savings didn’t help these UAE parents fund their children’s tuition, investing did
UAE parents, experts tip on how to save, budget and invest better for your child’s studies Dubai: UAE parents plan their children’s education costs well before they start school, but the cost of …
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Mubadala Capital’s SPAC’s IPO raises $200m
Blue Whale Acquisition Corp I, a new special purpose acquisition company (SPAC) formed by Abu Dhabi’s Mubadala Capital, announced on Wednesday that it raised $200 million by offering 20 million units …
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Mubadala Capital’s Blue Whale Acquisition Corp I Announces Pricing of $200 Million Initial Public Offering
Blue Whale Acquisition Corp I (the “Company”) announced today the pricing on August 3, 2021 of its initial public offering of 20,000,000 …
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UAE is committed to double the size of digital economy in 10 years, top official says
Around 80 per cent of digital payments are already contactless, said Saqr bin Ghalib, Director of the Artificial Intelligence, Prime Minister’s …
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National Bank of Fujairah partners up with Royal Health Group in funding AED 50 million to help stop the spread of COVID-19
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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