UAE based Aqarchain; regulated by the Dubai Finance Services Authority (DFSA) in DIFC (Dubai International Financial Center), the leading operator of a real-estate crowdfunding portal, will soon be …
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Dubai regulator imposes restrictions on private bank
The Dubai Financial Services Authority (DFSA) has prohibited FFA Private Bank (Dubai) from receiving, arranging or executing orders from or on behalf of “specific clients”. This is “due to concerns …
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Kuwait Finance House gives initial guidance for AT1 sukuk – document
KFH Capital, Standard Chartered, Boubyan Bank, Dubai Islamic Bank, Dukhan Bank, Emirates NBD Capital, First Abu Dhabi Bank and Mizuho Securities are arranging the deal …
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Covid-19: UAE on robust recovery after Dh395 billion lifeline
The UAE government has spent a total of Dh395 billion for economic support and initiatives since the start of the pandemic — all to ensure the country’s robust recovery. Humaid Al Muhairi, official …
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UAE banking system stays strong, support plan to continue: CBUAE
Our assessment and recent economic data point to a post-pandemic rebound of the UAE economy. The UAE banking system remains resilient, and our support measures in the form of the CBUAE’s …
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Dubai repays $500 million bond certificates
Dubai’s ability to fulfill its financial obligations reflects its deep fiscal stability amidst the circumstances imposed by the current global …
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How much money can I make investing in UAE real estate? Let’s find out how to calculate profits
Know what are the different ways to calculate your returns when investing in real estate Dubai: Investors from across the globe looking to invest in real estate see the UAE as one of the most …
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Dubai Government pays out in full after $500m Fixed Rate Note matures
Dubai: The Dubai Government, acting through the Department of Finance (DoF), has paid out in full the $500 million Fixed Rate Note issued on11. All the notes have been redeemed by making the required …
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Dubai government repays $500mln bond certificates
Upon maturity, all the notes have been redeemed in full by making the required payment through the paying agent to the holders of the notes, along with accrued interest …
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Dubai says $500 million bond repayment reflects fiscal stability
Dubai repaid $500 million in bonds due on Tuesday in what the government said was a sign of fiscal stability despite the coronavirus-driven economic downturn.
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Central Bank of UAE Governor seeks continued support of banks to the UAE economy
Our assessment and recent economic data point to a post-pandemic rebound of the UAE economy. The UAE banking system remains resilient, and our support measures in the form of t …
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UAE Central Bank tells banks to ensure continued flow of funds to creditworthy clients
The Central Bank has projected gradual economic recover during 2021 and 2022 from the repercussions of the Covid-19 pandemic.
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UAE Central Bank Sees Inflation Picking Up in Second Half
The United Arab Emirates central bank expects consumer prices to start rising again in the second half of 2021.
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MoF Organises A Virtual Workshop On The Saudi Ministry Of Finance’s Experience In Joining The SDDS
As part of its ongoing efforts to improve government financial work in the UAE and enhance financial disclosure and transparency processes in accordance …
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UAE: Where does the money for credit card rewards come from? If you thought credit card companies, think again!
Dubai: Credit card companies are offering better rewards and signup bonuses, and you as a consumer earn points, miles, and cash back. But how do card companies afford to offer such rewards? Credit …
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EDB allocates Dhs30 million to finance SMEs
Emirates Development Bank (EDB) on Sunday announced that it has signed an agreement with Beehive, the UAE’s first Peer-to-Peer (P2P) platform, to expand funding options for the Small and Medium-sized …
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Dubai fund ICD sells minority stake in Abu Dhabi Commercial Bank shares, say sources
Investment Corp of Dubai (ICD) was the undisclosed investor who last week sold $300 million of shares in Abu Dhabi Commercial Bank, the third-largest …
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