Tag: finance

Well over a year ago, Gulf News decided that the reader queries coming in, both in terms of volume and specificity needed a section dedicated to answering the issues raised. And, thus, was born the …
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But what is this coin and what do we know about it so far? According to UAE-based blockchain startup Arabian Chain Technology, the company in charge of handling the Gulf-based cryptocurrency, “plans …
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Recent analysis in the Middle East & Turkey, of 400+ million installs of over 4,060 mobile apps, across shopping, finance and gaming verticals, by global attribution leader AppsFlyer, has highlighted …
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A three-day recruitment drive for vacancies of sales executives for leading UAE banks will begin from Saturday, May 29, in Dubai and Abu Dhabi. (Click here for latest UAE job vacancies) UAE residents …
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Discussing the draft federal budget for 2022-2026, the committee also considered the fiscal policies governing financing of capital projects in the federal government. It directed to execute all …
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Dubai: Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre, on Tuesday officially inaugurated the DIFC Innovation Hub …
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Dubai: Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre, on Tuesday officially inaugurated the DIFC Innovation Hub …
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NMC’s administrators Alvarez & Marsal filed a suit in ADGM courts last month to obtain power over those securities, claimed by Dubai Islamic …
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Nikhil Kamath and Richard Pattle, Co-founders of True Beacon, the Indian asset management company, today announced the launch of the …
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Zeta, a Dubai-based banking tech startup, has announced that it has secured $250 million in investment from SoftBank Vision Fund 2. This Series C investment values Zeta at $1.45 billion. This is one …
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Dubai-based banking tech startup, Zeta, has secured $250m in investment from SoftBank Vision Fund 2, it announced on May 24. The proceeds will be used to accelerate Zeta’s growth in the Middle East, …
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(IDEX Online – The Dubai Diamond Exchange (DDE) could set up its own bank to provide financing for dealers. The move is designed to attract more business to a hub that opened in 2002 and last year saw …
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Qatar National Bank said on Tuesday that former Qatar Finance Minister Ali Sherif al-Emadi has been removed from the bank’s board of directors after his arrest earlier this month over embezzlement …
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The National Bank of Ras Al-Khaimah (RAKBANK) said it has concluded the issue of $75 million 2.5-year Floating Rate Note (FRN), which offered investors a coupon of 3-month USD LIBOR+100 basis points.
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Fitch Ratings has affirmed Ajman Bank PJSC’s (AJB) Long-Term Issuer Default Rating (IDR) at ‘BBB+’ with a Stable Outlook and Viability Rating (VR) at ‘b+’. A full list of rating actions is below.
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The Kingdom of Saudi Arabia (KSA)-backed nybl is a leading artificial intelligence (AI) pioneer, which last week announced its acquisition of Mexico-basedNubila, a visual data mining, and machine …
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While some niche markets saw proliferation, the year of the pandemic almost unanimously led to significant cuts in funding and threw curveballs at startups preparing to launch successfully. Yet in the …
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