Amlak Finance, a leading Islamic real estate financier, reported on Wednesday a net profit of Dh197 million for H1 2021, compared to net loss of …
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Dubai Financial Services Authority appoints new CEO
Christopher Calabia was named new CEO of Dubai Financial Services Authority, according to the website of the regulator. Effective Oct. 1, Mr. Calabia will replace Bryan Stirewalt, who has been serving …
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China bank loans fall to 9-month low, modest policy easing expected
China’s new bank loans fell more than expected in July to their lowest in nine months while broad credit growth hit a 17-month low, adding to market expectations that modest policy easing may be …
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Exxaro Tiles IPO: Allotment date, how to check application status & GMP
After the finalisation of allotment, the funds will be refunded to ineligible bidders on August 12 and equity shares will be credited to demat accounts of eligible investors on August 13.
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DP World to facilitate trade finance from DIFC in boost to SMEs
DP World Financial Services, a DP World company, is to begin facilitating access to trade finance for smaller companies as part of DP world’s …
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Dubai’s Amlak Finance posts Dh197m H1 2021 net profit
Dubai: Amlak’s H1 2021 revenues decreased by 19 per cent to Dh117 million as compared to Dh145 million in H1 2020 excluding fair value losses on investment properties and gain on debt settlement. The …
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Dubai’s DP World to offer trade finance to help small businesses
DP World’s CARGOES Finance Platform intends to bring real-time data on trade passing Dubai: DP World Financial Services Limited, a DP World company, will provide easy access to trade finance for small …
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UAE, Saudi lead GCC’s post-COVID economic recovery
UAE’s recovery is supported by high oil price, vaccination rate and structural reforms Dubai: The UAE and Saudi Arabia are leading the post-pandemic economic recovery of the GCC, according to …
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Besix says work in full swing at Dubai’s W-t-E plant
Besix, a leading Belgian infrastructure group with a major regional presence, said work is in full swing at Dubai’s waste-to-energy project site with the first structural steel elements being put in …
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Azizi teams up with banking partners to extend financing offers in the region
Azizi Developments, a UAE private developer, merged with regional banking partners to extend home financing offers for the developer’s units in Al Furjan. Azizi teams up with banking partners to …
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Dubai Financial Services Regulator appoints new chief executive
The board of directors of the Dubai Financial Services Authority (DFSA) has announced the appointment of F. Christopher Calabia as the new chief executive of the DFSA.He will succeed Bryan Stirewalt …
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Bronze Wing Trading’s Success – Trade Finance Providers in Dubai
Watch this slideshare presentation to know how we Bronze Wing Trading, the SBLC Providers in Dubai supported a UAE buyer to import 50,000 MT of sugar from Brazil using Standby Letter of Credit. No …
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SBLC Providers in Dubai – Bronze Wing Trading in Dubai
Read this document to see how Bronze Wing Trading, the leading provider of trade finance in Dubai assisted a UAE buyer to import sugar from Brazil using Standby Letter of Credit. Being a genuine SBLC …
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Ajman Bank reports Dh61.9m profit in the first half of the year
Ajman Bank has achieved a consolidated net profit of Dh61.9 million for the first half of 2021, compared to a profit of Dh43 million for the same …
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Ajman Bank Reports Dh61.9 Million Profit In The First Half Of The Year
His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, Chairman of Ajman Bank, chaired the meeting of the Board of Directors of the Bank …
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Abu Dhabi Partners With Hedge Fund Business, Infrastructure Group
The Abu Dhabi Investment Office has partnered with hedge fund firm Florin Court Capital and investment group Tribe Infrastructure Group as part of its AED2 billion ($545 million) Innovation …
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This Edtech Startup Is Making Waves in UAE With Its ‘Coding for Kids’ Platform
Codeyoung, an Indian Edtech startup, has been able to generate massive traction in UAE by engaging over 8000 students within a span of a few months.
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