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Tag: finance

Posted on 24/05/2021

Who’s Moving Where In Wealth Management? – Preqin

The latest senior moves in asset and wealth management from across Europe and the UK. Preqin London-based Preqin, which provides data, tools and insights on alternative assets such as private equity …
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Posted on 24/05/2021

UAE e-commerce sector ‘fastest growing in Middle East’

The UAE e-commerce sector emerged as the fastest-growing economic segment in the Middle East in terms of value sales supported by rising digital connectivity, infrastructure and substantial growth in …
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Posted on 23/05/2021

Central Bank of UAE awards certificates to 25 UAE national professionals for risk based supervision

Executive Certificate for Risk-Based Supervision Professionals was awarded to 25 UAE nationals in a ceremony attended by Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE) and Mary …
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Posted on 23/05/2021

UAE Ministry of Finance, Dubai SME sign MoU to support entrepreneurs and SMEs

Under MoU, both parties will promote and support SME owners registered within Dubai SME Dubai: The UAE Ministry of Finance (MoF) recently signed a Memorandum of Understanding (MoU) with Dubai SME, an …
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Posted on 23/05/2021

Emirates NBD voted the most recommended retail bank in the UAE

Tops in the Middle East award for mobile banking, personal loan and remittances Dubai: As part of its 2020 BankQuality Consumer Survey on Retail Banks, The Asian Banker gathered feedback from 3,000 …
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Posted on 22/05/2021

SEC approves Nasdaq proposal to allow IPO alternative to raise funds

The move is a big breakthrough for the exchange operator that has been pushing for an alternative for companies to raise money …
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Posted on 22/05/2021

How landlords, tenants need to act as UAE’s commercial property market mutates

Commercial landlords in the UAE must work closely with their tenants as the real estate sector plots a cautious and fragmented recovery from Covid-19, according to analysis from Dubai banking major …
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Posted on 21/05/2021

Global Finance Magazine declares Qatar richest country in the region

Dubai: The Global Finance Magazine declared Qatar first richest country in the region and fourth in the world with a per capita share of $93,508 followed by the UAE, which ranked 11th globally with a …
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Posted on 21/05/2021

Duo in Dubai obtain Dh407,000 in loan and credit card with forged documents

Two defendants forged salary certificates to obtain loan and credit card from local bank Dubai: An Indian and a Pakistani defendant have been accused of forging documents and using them to …
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Posted on 21/05/2021

Dubai shares rise, other major Gulf markets subdued

DUBAI: The Dubai stock market ended higher on Thursday, boosted by gains in financials and property stocks, while other major Gulf markets were subdued in the absence of a fresh catalyst. In Dubai, …
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Posted on 21/05/2021

RIT Dubai’s state-of-the-art new campus in the Dubai Silicon Oasis is now operational

RIT Dubai completed phase one of construction on its state-of-the-art new campus and began officially operating out of the new location in the Dubai Silicon Oasis earlier this semester. The new campus …
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Posted on 20/05/2021

Ask the law: If a civil lawsuit is filed in the UAE, can bank stop charging interest on a loan?

Legal expert says that burden to prove the purpose of a cheque falls on the issuer Question: Four years ago, I took a loan from a bank and was paying the specified monthly instalment amount. However, …
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Posted on 20/05/2021

UAE school group to list on JSE

Local investor appetite for private education stocks will be tested shortly, as Athena — a private schools business based in the United Arab Emirates (UAE) — tries to raise up to R4.6bn with a JSE …
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Posted on 19/05/2021

Owning 100 per cent of an LLC – all you need to know about the new law announced

The FDI law was then followed by the announcement on July 2019 of a Positive List of 122 business activities where foreign investors can own up to 100 per cent of the shares in an onshore company. The …
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Posted on 19/05/2021

Fitch Affirms United Arab Bank at ‘BBB+’; Outlook Stable

Fitch Ratings has affirmed United Arab Bank P.J.S.C.’s (UAB) Long-Term Issuer Default Rating (IDR) at ‘BBB+’ with a Stable Outlook and Viability Rating (VR) at ‘b’. UAB’s Long- and Short-Term IDRs, …
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Posted on 19/05/2021

Dubai launches new platform to help innovators secure funding for ideas

Crown Prince Sheikh Hamdan unveils ‘Dubai Next’ initiative which encourages the use of crowdfunding to finance new business ventures …
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Posted on 19/05/2021

UAE scores high for expats on quality of life, low on cost of living: InterNations

The UAE has been ranked as one of the top 20 best expat destinations for 2021 in the latest Expat Insider survey by InterNations, a global community of people who work abroad. The study, which is …
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