Ziina, the UAE’s first Peer-to-Peer (P2P) payment application, which is backed by Y-Combinator (YC), announced its latest funding round of $7.5 million. The round which closed in May 2021 will help …
( read original story …)
UAE-based payment app Ziina raises $7.5m
Dubai: The UAE peer-to-peer (P2P) payment app Ziina secured $7.5 million in its latest funding round. Funds raised will help the company launch its new ‘digital wallet’ service and fuel expansion into …
( read original story …)
Fashion e-tailer About You eyes $4.9bln valuation in Frankfurt IPO
BERLIN – German fashion e-tailer About You set a price range of 21 to 26 euros per share on Tuesday for its initial public offering, putting a prospective valuation of around 4 billion euros ($4.9 …
( read original story …)
UAE Central Bank unveils portal to anonymously report misconduct
The Central Bank of the UAE (CBUAE) has launched a new whistleblowing portal that allows stakeholders to anonymously raise concerns related to misconduct or policy violations by CBUAE employees, …
( read original story …)
Russian IPOs Are On The Rise
At the end of 2020, global commodities trader Trafigura bought a 10% stake in Russian state oil producer Rosneft’s Vostok Oil, which operates a number of fields and projects in northern Russia and the …
( read original story …)
Middle East Crude-Benchmarks inch up as traders await OSPs
SINGAPORE- Middle East crude benchmarks Oman and Dubai edged up on Monday … while demand for oil continued to rise. Hedge funds focused on commodities have generated strong returns in 2021 and …
( read original story …)
FAB and MBRHE partner to provide housing finance for UAE Nationals
First Abu Dhabi Bank (FAB) has signed an agreement with the Mohammed Bin Rashid Housing Establishment (MBRHE) to provide flexible financing options for UAE Nationals seeking suitable family …
( read original story …)
Sheesha Finance and Draper Goren Holm to Support the Best DeFi Startups
Created by investment heavyweights Tim Draper, Alon Goren, and Josef Holm, Draper Goren Holm focuses on incubating and accelerating the best early-stage startups from around the world. The strategic …
( read original story …)
Smart Dubai and partners complete first phase of unified staff registry
Dubai: Smart Dubai has completed the first phase of the ‘Unified Registry For Dubai Government Employees’ project, launched in collaboration with the Dubai Government Human Resources Department and …
( read original story …)
Greenstone wins award for ‘Best Risk & Compliance Implementation’ at MEA Finance Awards 2021
The the winners were announced at a gala event held at the Armani Hotel, Burj Khalifa, Dubai, with over 100 industry leaders from the banking and financial services ecosystem in attendance …
( read original story …)
UAE Central Bank sets up encrypted whistleblowing portal to report misconduct
The Central Bank of the United Arab Emirates (CBUAE) has set up an encrypted whistleblowing portal for internal and external stakeholders to voice concerns …
( read original story …)
UAE: Now, report violations by bank employees anonymously
The portal aims at addressing occurrences of alleged illegal and unethical practices by taking the necessary action.
( read original story …)
UAE Central Bank adds whistleblowing feature on website to highlight any policy violations
Anyone can voice anonymous concerns on website and have these acted upon Dubai: The UAE Central Bank has launched a new whistleblowing portal to anonymously raise any concern related to misconduct or …
( read original story …)
UAE central bank sets up ‘whistleblowing’ portal for misconduct, unethical practices
The UAE Central Bank has set up a special platform for whistleblowers to anonymously report misconduct and other wrongdoings that may be committed by any of its staff, contractors and representatives.
( read original story …)
Dubai Property Fund Rescinds Debt Offer After Bondholders Revolt
Dubai-based Emirates REIT on Monday withdrew the restructuring proposal for its $400 million Islamic bond after a group of investors successfully opposed the deal.
( read original story …)
UAE strives to make peace with nature
UN Secretary-General Antonio Guterres’ move to launch “an unprecedented effort to heal the Earth,” a world awash in climate disruption and spiralling pollution, is truly praiseworthy. This was done on …
( read original story …)
5 Best Cryptocurrencies to Invest in According to Hedge Funds
In this article we discuss the 5 best cryptocurrencies to invest in according to hedge fund billionaires. If you want to read our detailed analysis …
( read original story …)