This partnership creates a direct line between champion athletes and Dubai luxury real estate, providing them with a dedicated property resource in the region. Celebrities in the world of sport and …
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Sheesha Finance to Launch DeFi Mutual Fund: Kicks off Liquidity Generation Event
DUBAI, UAE, March 29, 2021 (GLOBE NEWSWIRE) — (via Blockchain Wire) – Sheesha Finance (https://sheesha.finance/), the first one-stop-shop for investors to have diversified exposure to DeFi projects …
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UAE-based fintech NOW Money secures $7mln to expand digital banking solution in GCC
NOW Money, the GCC’s first digital banking solution for low-income migrant workers, has secured $7 million in a funding round led by venture investor, Anthemis Exponential Ventures. Anthemis …
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United Arab Emirates (UAE) Projects Outlook Report H1 2021
The “United Arab Emirates (UAE) Projects, H1 2021 – Outlook of Major Projects Spanning Construction, Oil and Gas, Renewable Energy, Transport, Power and Water, Industrial Sectors – MEED Insights” …
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UAE-based fintech NOW Money secures $7m to expand digital banking solution in GCC
Money, the GCC’s first digital banking solution for low-income migrant workers, has secured $7 million in a funding round led by venture investor, Anthemis Exponential Ventures. Anthemis Exponential …
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RAKBANK becomes first UAE bank to join MMA as a board member
The tie-up will help accelerate the bank’s digital transformation in mobile banking and, in return, the Association will gain local insights …
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$3.5bln in letters of guarantee issued by banks in three months: UAE Central Bank
Letter of guarantee is a type of contract issued by a bank on behalf of a customer who has entered a contract to purchase goods from a supplier …
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Aafaq Islamic Finance announces 68% increase in profits in 2020
Despite the repercussions of the current global pandemic, Aafaq Islamic Finance, the leading institution in the financial sector across the UAE and the region, revealed profitable results of the …
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Barbeque Nation IPO: Here’s How To Check Share Allotment Status
The IPO comprised a fresh issue of Rs 180 crore and an offer for … operates 147 Barbeque Nation restaurants in 77 Indian cities and six restaurants in UAE, Oman and Malaysia.
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Changes in UAE citizenship law beckon hope and inclusion
In an unprecedented move, the UAE announced a landmark decision this year to open its citizenship to a select group of investors, professionals, and those that possess specialised talents. The …
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UAE leaders mourn passing of Sheikh Hamdan Bin Rashid Al Maktoum
Rich tributes from top officials and prominent Emiratis are pouring in for Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and the Minister of Finance and Industry, who passed away in Dubai …
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Covid pandemic to have ‘long-lasting’ impact on Gulf banking sector, says S&P
Rating agency says GCC banking ops will remain constrained after setting aside $10.9bn in credit loss provisions …
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RIP: The legacy of the late UAE finance minister Sheikh Hamdan bin Rashid Al Maktoum
The deputy ruler of the emirate of Dubai, Sheikh Hamdan bin Rashid Al Maktoum, has died at the age of 75. He was a top-notch financial personality. Dubai announced 10 days of mour …
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SPACs cause headache for UAE bourses amid lacklustre IPO market
Firms in the UAE are increasingly seeking fast-track listings in New York through mergers with special purpose acquisition companies (SPACs), posing a fresh challenge to local bourses which are …
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UAE finance minister and Dubai deputy ruler Hamdan dies
The United Arab Emirates finance minister and the deputy ruler of the emirate of Dubai, Sheikh Hamdan bin Rashid …
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Increased Banking Trojans in UAE in 2020: Kaspersky
Kaspersky Security Network (KSN) statistics around cybersecurity threats in the United Arab Emirates indicates that overall malware infections have decr …
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UAE international reserves surge to $141.41bln
The UAE banking system’s international reserves is expected to rise further in the coming period, reflecting the improvements across the system’s indexes in recent months. Rec …
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