Rare public disagreement between the United Arab Emirates and Saudi Arabia over OPEC policy points to a growing economic rivalry between the two largest Arab economies which only looks set to …
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OPEC+ abandons oil policy meeting after Saudi-UAE clash
By Rania El Gamal, Ahmad Ghaddar and Alex Lawler DUBAI (Reuters) -OPEC+ ministers called off oil output talks on Monday after clashing last week when the United Arab Emirates rejected a proposed eight …
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Deluxe Holiday Homes, Dubai’ s leading short-term lets provider, emerges from pandemic with 150% increase in its property portfolio
Dubai’s leading holiday lets provider, Deluxe Holiday Homes, is thrilled to report a record-breaking increase of 150% in its property …
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Mideast SPAC Trickle May Turn to Flood as Dubai’s Shuaa Capital Plans 3 Launches
Dubai financial services firm Shuaa Capital PSC is considering setting up three blank-check companies of around $200 million each, according to people familiar with the matter, rapidly opening up the …
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Oman state energy firm OQ may sell drilling business, sources say
Oman state energy company OQ is considering selling its drilling unit Abraj Energy Services, sources said, as the Gulf nation seeks to shore up its finances that have been hit by the coronavirus …
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Consumer Banking Marketplace Driven By Artificial Intelligence Launches in UAE
The soon to be launched disruptive marketplace will be an end-to-end solution catering to consumer banking, valuation and insurance needs in one ecosystem. The UAE will soon be home to a new …
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Saudi Arabia Amends Import Rules From Gulf in Challenge to UAE
Saudi Arabia has amended its rules on imports from other Gulf Cooperation Council countries to exclude goods made in free zones or using Israeli input from preferential tariff concessions, in a …
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UAE jobs: Bank, FMCG firm hiring; salary Dh7,000
With the opening up of the UAE economy, companies are organising walk-in interviews to recruit more people as they expand their operations. This week, walk-in interviews are taking place to recruit …
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Dubai’s Emirates launches new payment solution in partnership with Deutsche Bank
Emirates Pay is an alternative method for travellers to pay for air tickets purchased online by directly debiting their bank account …
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Dubai’s Emirates airline introduces ‘Emirate Pay’ debit card for fliers in Germany and UK
Dubai: Emirates airline has launched a new payment platform – Emirates Pay – that allows travellers to pay for tickets online by directly debiting their bank account instead of using a credit card.
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Saudi Aramco appoints ex-HSBC CEO Stuart Gulliver to board
Stuart, who had been on the board since 2007 Dubai: Saudi Aramco appointed former HSBC Holdings CEO Stuart Gulliver to the oil firm’s board as part of a reshuffle. HSBC has had close ties to the …
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Middle East Newsletter: UAE has Week That’s Both Good and Bad
There was good and bad news this week for the United Arab Emirates, which has now overtaken Seychelles to become the world’s most vaccinated nation.
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UAE-Israel peace is more than an agreement. It’s a way of life.
The Abraham Accords represent a future that we believe must become more commonplace: one in which differences are set aside in favor of dialogue …
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Sharjah Islamic Bank Wins ‘Best Service Performance Brand Award’ In Dubai Service Excellence Scheme For 2020
As a new addition to its long list of appreciation awards, Sharjah Islamic Bank (SIB) recently won the Best Service Performance Brand award for 2020 in …
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Saudi Bank Stocks Rise to Record Amid Mideast Gains: Inside EM
Al Rajhi Bank, Alinma Bank and Saudi Kayan Petrochemical Co. were among those that rose the most on Saudi Arabia’s Tadawal Index. A sub-index of banks climbed to all-time high. The gains came against …
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UAE: Here’s how you build a budgeting spreadsheet
Some budgeting applications in the UAE that can help get your finances in order include ‘Emma’, ‘Fudget’, ‘Wally’, ‘YNAB’ (You Need A Budget) and ‘Yolt’. Budgeting tools requires users to manually …
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Green finance volumes surge in Middle East in first half of 2021
Dubai: Green and sustainability-linked debt issuance in the Middle East and North Africa (MENA) region reached $6.4 billion in the first half of 2021, exceeding the total for the whole of last year, …
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