The region’s smart trade enabler, DP World, UAE Region leveraged Emirates NBD’s digital collection solution to convert 100 per cent of related counter transactions to online collection on its Smart …
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Mad Minute stories from Wednesday, February 17th
MILWAUKEE – The National Bobblehead Hall of Fame and Museum on Wednesday, Feb. 17 unveiled two bobbleheads of the cat who became a viral internet hit. The viral moment came when a Texas lawyer …
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ADEX inks Dhs22m deal to finance UAE’s Jenaan sugar refinery project in Egypt
Egypt-based Emirati firm Jenaan Pipes & Irrigation Systems has secured a Dhs22m ($6m) loan from Abu Dhabi Exports Office (ADEX) to import raw materials from UAE-based Borouge to manufacture and supply …
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UAE: ‘Help! My bank cancelled my credit card after I was made redundant due to COVID-19.’
Bank resolved the issue after Gulf News’ intervention …
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Revealed: Arbuthnot shuts Dubai office as global bank boss exits
Arbuthnot Latham is to shut its Dubai office at the end of May, less than a decade after launch, Wealth Manager has learned. The division was the private bank’s only outlet outside the UK. Managing …
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UAE: National Banks Return Back $3.94 Billion from Stimulus
UAE national banks have returned around AED14.47 billion ($3.94 billion) from the stimulus they had received since March 2020 from the Central Bank of t …
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UAE bank partners with MetLife
Deal will give customers access to a range of life and health insurance products #emiratesnbd #healthinsurance #lifeinsurance …
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UAE Managed Security Services Market Size, Share to Exhibit A Robust CAGR Through 2025 – Industry News
The report UAE Managed Security Services Market Size and Analysis maintains enhanced dynamics and is overshadowed by a top player across the globe. The research report provides UAE Managed Security …
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VTB Capital Pre-IPO Fund invests in Whoosh micro-mobility platform
VTB Capital Pre-IPO Fund, a mixed closed-end mutual investment fund, has invested in the Whoosh electric kick scooter sharing service.
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Dubai property stocks turn attractive again
Dubai: Dubai stocks bounced back with blue-chip property stocks leading the gains whereas other Gulf markets offered mixed signals in line with their global counterparts. Dubai Financial Market traded …
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UAE banks return Dhs14.47bn received from Central Bank’s TESS initiative
UAE national banks have returned close to Dhs14.47bn from the stimulus they garnered from the country’s central bank to combat the fallout of the Covid-19 pandemic, statistics have revealed. A …
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Dubai Islamic Bank Full Year 2020 Group Financial Results
Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE and the second largest Islamic bank in the world, today announced its results for the period ending December 31, 2020. Prudent …
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Dubai’s biggest bank makes major move into insurance with MetLife deal
Dubai’s largest bank Emirates NBD has announced a big move into the sale of insurance products after partnering with New York-based giant MetLife. . The move comes as MetLife research shows that 60 …
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Aafaq Islamic Finance Introduces ‘Osool’ To Empower Emirati SME Owners
Aafaq Islamic Finance, the leading Islamic Finance Company for individuals and companies in the UAE, in partnership with Dubai SME, the agency of Dubai …
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Saudi Arabia Adds Pressure On Firms To Move To Riyadh, Challenges Dubai
Saudi Arabia is increasing pressure on international firms to shift their Middle East hubs to the kingdom, posing a direct challenge to neighboring Dubai as a regional rivalry heats up.
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FG seeks fruitful synergy in Nigeria-UAE relations for economic benefits
The Federal Government has called for robust collaboration with the United Arab Emirates (UAE) in strengthening existing bilateral relations between the two countries. Minister of State, Finance, …
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Why millennials are likely to drive growth in global Islamic finance
Young Muslims want to know that their money is doing good in the world, says Islamic finance expert The future of global Islamic finance belongs to the “young and the bold” who want to make an impact …
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