Cashfree aims to become the top payment service provider in the Middle East and North Africa region in the coming years. With Telr, Cashfree will develop a unified cross-border payments platform to …
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Cashfree invests in UAE-based Telr, explores global expansion
Payments and banking solutions provider, Cashfree Payments has invested close to $15 million in the UAE and Saudi Arabia-based payment service provider, Telr, as it looks to expand its product …
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UAE – ICD swings back into the black in first half of 2021
The majority of the group’s profit came from banking and financial services, oil and gas, and aluminium production while transportation reduced its …
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Starting a business? UAE serial entrepreneur warns of 5 costly mistakes when starting out
This UAE woman entrepreneur shares 5 lessons with those looking to invest in new ventures Dubai: With entrepreneurship comes financial anxiety related to sustaining and scaling up the business.
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Actress Lindsay Lohan announces engagement to Dubai resident Bader Shammas
Actress Lindsay Lohan has told her followers on Instagram that she’s engaged to Dubai resident Bader Shammas.Lohan announced her engagement to boyfriend …
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UAE – NAMA Panel at Expo 2020 Promotes Gender Responsive Budgeting to Achieve Gender Equality
Is Gender Budgeting the Solution to Inclusion’, outlined significant results achieved through GRB in different countries
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Turkey’s Erdogan to visit the UAE in February for first time in 10 years
Turkish President Recep Tayyip Erdogan said he is planning to visit the United Arab Emirates in February, the first such trip in nearly 10 years as the erstwhile foes further strengthen ties. Erdogan …
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UAE’s Khalifa University launches investment arm with Dhs100m endowment
The newly formed Khalifa University Enterprises Company will act as the business and investment arm of the university …
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Business Leaders of the UAE: AJMS – The voice of financial inclusion and awareness
As its Founder and Group CEO, I can firmly attest to the fact that AJMS Network presents some of the best brains in the fields of banking, regulation, auditing and legal advisory. Headquartered here …
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UAE – Paytm IPO debacle and possible cycle peak
By Matein Khalid
Speculative manias in the financial markets invariably culminate in hysteria and greed run amok. So the 25% fall in the $2.5 bi …
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Saudi bourse operator prices IPO at top of range, raises $1.01 bln
Saudi Tadawul Group raised 3.78 billion riyals ($1.01 billion) on Sunday via an initial public offering (IPO) that was priced at the top of the indicated range and 121 times oversubscribed.
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Saudi Tadawul Group sets IPO final offer price at top end of range
Saudi Tadawul Group, the owner and operator of the kingdom’s stock exchange, set the final price of its initial public offering at the top end of the range, valuing the company at 12.6 billion Saudi …
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Dubai billionaire Sajwani acquires 95.5 percent of Damac shares
Sajwani, who founded Damac, announced his intention to take the company private, resigned as the property giant’s chairman, and made a conditional offer to buy the company’s remaining shares. Dubai …
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Dubai FDI enables global digital consultancy SoftServe open regional headquarters in Dubai
The Dubai Investment Development Agency (Dubai FDI) has supported and enabled SoftServe, a global digital consultancy that h …
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Dubai bourse to see debut of India’s fund manager and start-up founder Nikhil Kamath
Several other Indian firms are also expected to follow suit as Dubai seeks to strengthen its position as a global markets hub with a series of announcements on financial incentives and listing plans …
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UAE – SPC Free Zone, Mashreq sign deal for banking services
Sharjah Publishing City Free Zone (SPC Free Zone), the first-of-its-kind hub for publishing, printing, and allied b …
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Jared Kushner Looks to Persian Gulf to Finance Investment Firm
In a move that has good-government watchdogs on alert, Jared Kushner is looking to the Persian Gulf to raise money for his investment firm.
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