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Tag: finance

Posted on 04/07/2021

Saudi Aramco appoints ex-HSBC CEO Stuart Gulliver to board

Stuart, who had been on the board since 2007 Dubai: Saudi Aramco appointed former HSBC Holdings CEO Stuart Gulliver to the oil firm’s board as part of a reshuffle. HSBC has had close ties to the …
( read original story …)


Posted on 04/07/2021

Middle East Newsletter: UAE has Week That’s Both Good and Bad

There was good and bad news this week for the United Arab Emirates, which has now overtaken Seychelles to become the world’s most vaccinated nation.
( read original story …)


Posted on 04/07/2021

UAE-Israel peace is more than an agreement. It’s a way of life.

The Abraham Accords represent a future that we believe must become more commonplace: one in which differences are set aside in favor of dialogue …
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Posted on 04/07/2021

Sharjah Islamic Bank Wins ‘Best Service Performance Brand Award’ In Dubai Service Excellence Scheme For 2020

As a new addition to its long list of appreciation awards, Sharjah Islamic Bank (SIB) recently won the Best Service Performance Brand award for 2020 in …
( read original story …)


Posted on 04/07/2021

Saudi Bank Stocks Rise to Record Amid Mideast Gains: Inside EM

Al Rajhi Bank, Alinma Bank and Saudi Kayan Petrochemical Co. were among those that rose the most on Saudi Arabia’s Tadawal Index. A sub-index of banks climbed to all-time high. The gains came against …
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Posted on 04/07/2021

UAE: Here’s how you build a budgeting spreadsheet

Some budgeting applications in the UAE that can help get your finances in order include ‘Emma’, ‘Fudget’, ‘Wally’, ‘YNAB’ (You Need A Budget) and ‘Yolt’. Budgeting tools requires users to manually …
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Posted on 04/07/2021

Green finance volumes surge in Middle East in first half of 2021

Dubai: Green and sustainability-linked debt issuance in the Middle East and North Africa (MENA) region reached $6.4 billion in the first half of 2021, exceeding the total for the whole of last year, …
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Posted on 04/07/2021

Dubai Municipality Honors Departments for Pioneering Awards Won in First Half of 2021

Dubai Municipality organized a virtual ceremony to honor its departments that won pioneering awards during the first half of this year. This comes from the Municipality’s belief in the importance of …
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Posted on 04/07/2021

UAE: Muslim Keralites help Dubai’s less fortunate

The Kerala Muslim Community Centre, led my Muneer Shamsuddin, were quick to help thousands of its members when Covid-19 first spread to the Emirates.
( read original story …)


Posted on 03/07/2021

Sharia and ESG investments are converging. It’s about time

Sharia-compliant investments offer options for investors looking for sustainable assets In Pictures: UAE residents are going out shopping this Summer – are you joining in? Cuteness alert: Would you …
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Posted on 03/07/2021

CBD declared most innovative Bank

Commercial Bank of Dubai, one of the leading banks in the UAE, has been named the winner of ‘Most Innovative Bank of the …
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Posted on 03/07/2021

Robinhood is earmarking 20% to 35% of its own IPO shares for customers. Why smaller investors should proceed with caution

When it comes to any initial public offering, investors need to know what to expect and the risk involved, experts say.
( read original story …)


Posted on 03/07/2021

Opec+ agrees to new oil deal but without UAE agreement, source says

Opec+ agreed on Friday to add more oil to the market from August and extend the duration of their pact on their remaining production curbs for longer, even …
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Posted on 02/07/2021

Abu Dhabi’s ADNOC adds Goldman Sachs to lead banks on drilling IPO

DUBAI – Abu Dhabi National Oil Company (ADNOC) has added Goldman Sachs to a lead role on the initial public offering of its drilling unit, sources said, in the bank’s first such high-profile deal in …
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Posted on 02/07/2021

UAE: Another Indian expat joins Golden Visa club

Saad Maniar, a well-known name in accounting and finance field, has joined the lucky club of those who secured the UAE’s coveted ‘Golden Visa’ for serving the country in their specialised categories.
( read original story …)


Posted on 02/07/2021

The shadow over OptiBuy: new branch in Dubai opens

( MENAFN – Mid-East.Info De)spite the crisis and collapses in global markets, OptiBuy – a company distinguished in the field of improving purchasing efficiency – officially began operating in the …
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Posted on 02/07/2021

Emirates Development Bank Partnership To Bolster SMB Lending

This partnership will help in bridging the funding gap for … [SMBs] and strengthening the … [SMB] ecosystem, supporting the UAE’s goals to build a robust knowledge-based economy,” Shaker Zainal, …
( read original story …)


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