Dubai-based lawyer says liquidation of online shopping platform may be a long process with no guarantee of retrieving funds …
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UAE Eases Oil Supply Cut to Asia After OPEC+ Compromise Deal
The United Arab Emirates will provide Asian oil buyers with a little more crude next month after OPEC+ reached a compromise deal on cuts.
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Currency smuggling: Customs seeks MEA nod to interview UAE diplomats
The customs has sought permission from the Ministry of External Affairs (MEA) to ‘interview’ the consul-general and the attaché at the UAE consulate in Thiruvananthapuram to take forward the probe …
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Israel’s Honeymoon With the United Arab Emirates Is Grotesque
Since normalizing relations in September, Israel and the United Arab Emirates have teamed up to do what both do best: trample on democratic freedoms, commit atrocities, and whitewash occupation.
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Bank Hapoalim CEO optimistic about Israel UAE technological future
“We are learning quickly, we are thinking globally,” David Kotler, Bank Hapoalim’s CEO said, referring to to the mutual investments born out of the Abraham Accords.
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Sheikh Mansoor tours GITEX Technology Week, attends UAE-Israel Future Digital Economy Summit
UAE, Israel officials discuss potential collaboration across key sectors including AI, 5G, cybersecurity and healthcare.
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UAE stocks gain Dh16b as economy heads to recovery
The main indexes of Abu Dhabi and Dubai bourses were up 1.38 per cent and 2.57 per cent respectively on Sunday.
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UAE business reforms will create more jobs, 35% rise in foreign investments – top official
Dubai Economy’s director general Sami Al Qamzi said changes in the Commercial Companies Law will also give a fillip to the SME sector …
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UAE: Why have gold prices gone up again?
Gold prices have seen a rebound after falling to 5-month lows, in UAE and globally Dubai: After prices went … a former commodities hedge fund manager turned crypto investor, to Bloomberg.
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Bank Muscat and Newgen Software Win Award for the Best Lending Implementation in the Middle East
Bank Muscat, the leading financial services provider in the Sultanate, and Newgen Software were recognized for the ‘Best Lending Implementation in the Middle East’ at The Asian Banker Middle East and …
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Israeli delegation heads to UAE for first official business conference
“The sight of hundreds of Israeli businessmen getting off Israeli planes at Dubai airport is a symbol of the economic partnership.” …
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UAE has not legalised crypto currencies, says Central Bank
Abu Dhabi: The Central Bank of the UAE (CBUAE) on Sunday clarified that it has not legalised crypto currencies by issuing the recent Stored Value Facilities (SVF) Regulation. The CBUAE had recently …
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Beware of The Laws Concerning Cheque Bounce in UAE
A bounced cheque is a cheque presented by the payee and rejected by the drawee bank. In most countries around the world, bounce cheque is a civil offence but this is not the case in UAE as outlined by …
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Qatar Insurance’s medical unit seeks to raise $180 million through share listing
Qatar Insurance Co’s QLM Life and Medical Insurance Co plans to list on the local stock exchange and raise 659.4 million riyals ($180 million) in an initial public offering.
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A random walk down Silicon Valley”s pre-IPO deal flow
Matein Khalid2020 was a spectacular year for investing in late stage technology unicorns and I am proud to have led significant investor syndicates from the Gulf for Elon Musk’s SpaceX, the e-learning …
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DAFZA, DFM and Nasdaq Dubai organize webinar for free zone companies about IPO and listing opportunities in Dubai
The webinar showcased the advancements in the regulatory and legislative structure that have been developed to assist the newly introduced initial public offerings …
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Israeli firms to invest $500mln in key UAE sectors
Israeli companies are expected to invest in various UAE sectors to the tune of $500 million (Dh1.835 billion), said Dr Fahed Al Meraabi, chairman and chief executive of Zurich Capital Funds. “We are …
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