Blockchain services company Casper Labs, developer of the Casper Network, is working with His Highness Sheikh Juma bin Maktoum Al Maktoum’s SJM Group of Companies to deploy the Casper Network in the …
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Saudi regulator gives green light for ACWA Power IPO
Saudi Arabia’s Capital Market Authority said on Wednesday it has approved an initial public offering of an 11.1% stake in ACWA Power, a listing that has been expected for years. DUBAI, June 30 …
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UAE banks need to focus more on customer complaints as more services get digitalised
Dubai: UAE’s banking sector needs to pay more attention to customer service as they are going through rapid digital transformation, according to KPMG. While digitalization of banking and financial …
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A UAE bank’s satirical approach to consumer awareness
How Emirates NBD has launched engaging and amusing campaigns to fight fraud As a leading bank in the UAE, Emirates NBD has taken an active role in raising consumer awareness on safe, secure banking.
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UBF Hosts Workshop To Promote Cybersecurity Awareness And Improve UAE Banks’ Preparedness Against Threats
UAE Banks Federation’s Information Security Committee hosted today a workshop on Cybersecurity for UBF members as part of efforts to tackle the threats …
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Islamic Finance industry remains resilient amidst pandemic
Islamic finance and wealth management industry faced the dual shocks of adjusting to the pandemic and historically low oil prices in 2020. While the industry slowed down during …
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Five common types of bank fraud in the UAE
Here’s how some of the latest scams have played out in the UAE over recent months and how to handle them. In all cases, if you’ve shared any confidential financial information, immediately report your …
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UAE’s real estate, precious metals and stones business to face stringent anti-money laundering scrutiny
Dubai: Banks and licensed financial institutions (LFIs) providing financial services to real estate, precious metals and stones businesses are required to specifically assess money laundering and …
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Dubai Chamber of Commerce and Industry Restructured As Three Separate Entities To Support The City’s Ambitions As A Global Business Hub
A new board of directors has also been established for Dubai Chambers, which was recently approved by H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler …
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Aafaq Islamic Finance honours corporate clients again
E: Aafaq Islamic Finance, a leading institution in the financial sector that provides Shariah-compliant financial products and services across the UAE …
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KT edit: UAE is on course to be global trade hub
A recent report by global real estate consultancy Knight Frank testifies the fact that high-end properties with a value of over $10 million are in great demand.
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Mubadala-owned Yahsat’s IPO book fully covered -sources
Abu Dhabi satellite company Yahsat has attracted enough investor demand to cover the order book for its initial public offering, sources told Reuters on Tuesday, as the company looks to raise as much …
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UAE Central Bank Introduces New Anti-Money Laundering Guidance
The Central Bank of the UAE (CBUAE) has issued a new guidance on anti-money laundering and combating the financing of terrorism for its licensed nstitut …
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ADIB Becomes First UAE Bank To Establish An On-site Nursery For The Children Of Employees To Promote Work-life Balance
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, today inaugurated its on-site nursery that aims to provide quality nursery services for …
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Saudi Telecom Co gets approval for planned IPO of unit
Saudi Telecom Co (STC) (7010.SE) said on Tuesday the kingdom’s stock market regulator had approved the planned initial public offering of its subsidiary, Solutions by STC.
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UAE boosts start-up ecosystem
The UAE’s start-up ecosystem, acclaimed to be among the world’s most sought-after, received a major fillip on Monday with the launch of a spate of game-changing initiatives, including a “Skill-up …
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Satcom Yahsat sets offer price range for Abu Dhabi IPO
Al Yah Satellite Communications (AlYahsat), a satellite communications company in Abu Dhabi, has set an indicative price range for its initial public offering which shows it could raise up to 2.976 …
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