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Tag: finance

Posted on 19/05/2021

UAE, Russia trade ties highlighted

The Abu Dhabi Chamber of Commerce and Industry (ADCCI) and the Russia-UAE Business Council discussed the means of boosting trade and economic cooperation between businesses in Abu Dhabi with their …
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Posted on 19/05/2021

UAE: 95% of expats feel safe, says new study

In the Quality of Life Index, the UAE ranks 17th with especially good results in the Safety & Security subcategory (3rd), where only Finland (1st) and …
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Posted on 18/05/2021

UAE safe, peaceful for expats

In the Quality of Life Index, the UAE ranks 17th with especially good results in the Safety & Security subcategory (3rd), where only Finland (1st) and …
( read original story …)


Posted on 18/05/2021

We’re Live in 3,2,1 – iFX EXPO Dubai Opens its Doors Tomorrow Morning!

FX EXPO Dubai opens its doors tomorrow morning! The long awaited iFX EXPO runs from 19-20 May 2021 and the Ultimate Fintech team are on site ready to welcome attendees! Travellin …
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Posted on 18/05/2021

UAE firm launches new property tokenization platform

Linked to a decentralized finance (DeFi) liquidity pool, Arms & McGregor International Realty is bringing the new concept of Europe’s leading real estate tokenization firm Blocksquare to UAE. The …
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Posted on 18/05/2021

UAE Central Bank revokes firm’s licence for violating rules

The UAE Central Bank (CBUAE) on Tuesday said it had imposed administrative sanctions on S&S Brokerage House operating in the country and also revoked its licence for violating the rules. The regulator …
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Posted on 18/05/2021

Central Bank of UAE imposes administrative sanction on S&S Brokerage House

“S&S Brokerage House has ceased to carry on one or more of its licensed financial activities for a period exceeding one year. Accordingly, the CBUAE has decided to revoke their li …
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Posted on 18/05/2021

Is Dubai-based Baraka the Middle East’s answer to Robinhood?

Startup Baraka wants to tap into the growing demand for commission-free trading platforms, while also educating inexperienced investors in the Middle East.
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Posted on 18/05/2021

UAE jobs: Banks on hiring spree, offer monthly salary up to Dh5,000

A two-day walk-in-interview for the jobs of sales officers at leading UAE banks will begin on Wednesday (May 19), offering up to Dh5,000 salary plus other incentives on achieving sales targets. The …
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Posted on 18/05/2021

Global Trading Provider INFINOX Opens Dubai Hub as Asian Expansion Accelerates

The global trading provider INFINOX has unveiled a new hub in Dubai amid a rapid expansion of its operations across Asia.
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Posted on 18/05/2021

Adex, TDB to boost trade with Africa via $30mln trade finance facility

Abu Dhabi Exports Office (Adex), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a $30 million (Dh110.19 million) line -of-credit agreement with the Eastern and Southern …
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Posted on 18/05/2021

7 things to do with 200,000 TouchPoints from this UAE bank

You can earn up to 200,000 TouchPoints when you open an account through the ADCB Hayyak app in just a few simple steps. With more than 400 merchant partnerships, TouchPoints can be used to make …
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Posted on 17/05/2021

Dubai dissolves special tribunal for settling disputes with home lenders

The special tribunal was formed in 2009 after the global financial crisis over a decade ago to settle disputes related to mortgage firms Amlak Finance …
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Posted on 17/05/2021

Adex, TDB to boost trade with Africa via $30m trade finance facility

Abu Dhabi Exports Office (Adex), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a $30 million (Dh110.19 million) line -of-credit agreement with the Eastern and Southern …
( read original story …)


Posted on 17/05/2021

Fitch Affirms Commercial Bank of Dubai at ‘A-‘; Outlook Stable

Fitch Ratings has affirmed Commercial Bank of Dubai’s (CBD) Long-Term Issuer Default Rating (IDR) at ‘A-‘ with a Stable Outlook and Viability Rating (VR) at ‘bb+’. A full list of rating actions is …
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Posted on 17/05/2021

Dubai ruler dissolves tribunal for settling disputes with home lenders

The ruler of Dubai, Sheikh Mohammed Bin Rashid Al Maktoum, has issued a decree dissolving a special tribunal that was formed to settle disputes related to real estate lenders Amlak Finance and Tamweel …
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Posted on 17/05/2021

UAE’s RAK Ceramics shares certified Shariah-compliant

UAE-based RAK Ceramics, one of the world’s biggest producer of ceramics and tiles has received a Shariah-compliance certification for its shares following a quarterly review. The certification …
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