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Tag: finance

Posted on 31/10/2020

Abu Dhabi and Dubai are on a rapid growth trajectory: HSBC

Dubai: Leading UAE cities Abu Dhabi and Dubai … Abu Dhabi has transformed into a global business, banking, cultural and hospitality hub and one of the key centres of the Middle East, North …
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Posted on 31/10/2020

AU Small Finance brings NRI banking closer to residents

Dubai — AU Small Finance, a brand that continues to play on its strength and bring the underbanked into the banking fold, ensures an extensive bouquet of banking products and services to all segments …
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Posted on 30/10/2020

Trump reveals plan to sell F-35 fighter jets to UAE — but hurdles remain

The Donald Trump administration on Thursday notified Congress of its intent to sell 50 Lockheed Martin F-35 II joint strike fighters to the United Arab Emirates, in a sale that could amount to $10 …
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Posted on 29/10/2020

Sterling Trading Tech Announces Integration With Linear Investments

Sterling Trading Tech (STT), a leader in compliance, risk and infrastructure solutions for equity, options and futures trading, announced today that it completed integration with Linear Investments, a …
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Posted on 29/10/2020

Never share bank details over the phone, cops in UAE warn

The police said fraudsters send such messages, usually via SMS or WhatsApp, to dupe bank customers into sharing their personal data.
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Posted on 29/10/2020

UAE’s Etihad issues $600m sustainability-linked sukuk

UAE’s Etihad Airways has issued a $600m sukuk … Linked financing in global aviation, under a Transition Finance Framework. “By issuing a Sustainability-Linked Sukuk, Etihad is voluntarily …
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Posted on 29/10/2020

Empower successfully concludes participation in the 3D virtual WETEX and Dubai Solar Show 2020

Deputy Ruler of Dubai, Minister of Finance of the UAE and President of DEWA. As a strategic sponsor and key player in the energy and utilities sector, Empower took part in the event, which featured …
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Posted on 29/10/2020

The issue of opening banking [part one]

Following DAPI’s open letter to the UAE Bank Federation Advisory Council penned by co-founder Mohammed Aziz over a month ago, …
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Posted on 28/10/2020

UAE Taxes: Your queries on Economic Substance Regulations (ESR) answered!

A weekly column where readers get their queries answered on Value Added Tax (VAT), Economic Substance Regulations (ESR), Customs and other GCC taxes. This week, queries relating to ESR are answered. a …
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Posted on 28/10/2020

FTI Consulting Expands Corporate Finance & Restructuring Segment in the Middle East with Appointment of New Senior Managing Director

LONDON, Oct. 28, 2020 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Vikas Papriwal as a Senior Managing Director in the firm’s Corporate Finance & …
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Posted on 27/10/2020

Dubai launches new stock market for SMEs

Dubai seeks to open new opportunities for entrepreneurs, to help them expand, attract investors & finance their projects. pic.twitter.com/0jHmciBEQD Nasdaq Dubai is collaborating with government …
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Posted on 27/10/2020

Nasdaq Dubai launches new platform for SMEs to list IPOs

Dubai has launched a new platform to help young businesses and SMEs raise capital by listing an IPO on a dedicated stock exchange called the Nasdaq Dubai Growth Market. The new entity will be …
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Posted on 27/10/2020

Hedge Fund Boss Can Liquidate Some Assets In $2B Tax Suit

Law360, London (October 27, 2020, 1:47 PM GMT) — A hedge fund founder accused of masterminding a $2 billion … Danish authorities and the Crown Prosecution Service have agreed that Sanjay Shah, a …
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Posted on 27/10/2020

Dubai to launch ‘Nasdaq’ market for emerging firms, SMEs

Dubai plans to launch a “Nasdaq Dubai Growth Market” to help emerging companies, and small and medium enterprises (SMEs) attract investors and finance their projects, crown prince of the emirate, …
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Posted on 27/10/2020

UAE keen to enhance coordination and communication with GCC countries: Obaid Al Tayer

Obaid bin Humaid Al Tayer, UAE Minister of State for Financial Affairs, has said that the UAE is keen to enhance coordination and communication with GCC countries with the aim of achieving …
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Posted on 27/10/2020

UAE- FAB reports AE7.3 bn in net profit for first nine months of 2020

First Abu Dhabi Bank, FAB, reported AED2.5 bn for Q3-2020, 4 percent up on Q2, with net profit for the first nine months of 2020 standing at AED7.3 billion, 22 percent lower compared to the same …
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Posted on 27/10/2020

UAE tries to win Indonesia’s tacit approval of new Israeli ties

The United Arab Emirates last week marked two events that reflect its new international pivot — a historic visit by senior officials to Israel, and the renaming of a prominent street in Abu Dhabi …
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