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Tag: finance

Posted on 04/10/2020

Dubai sets up Higher Committee for Government Sector Development

The Decree obligates Dubai Government departments to cooperate with the Committee News in pictures: Trump aide tests COVID positive, Djokovic’s appeal, Sex abuse rocks Denmark, Bulgaria protests, …
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Posted on 04/10/2020

UAE E-Payments: 10 Government Entities that Accept Credit Card Payments

Discover UAE’s top 10 government entities that accept credit card payments and explore the top government initiatives that will turn the UAE into a smart country.
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Posted on 04/10/2020

Dubai’s Shuaa unveils 3 shariah funds, secures $75mln in commitments

Dubai-based Shuaa Capital has launched three new shariah-compliant funds and secured commitments worth $75 million. The open-ended products, expected to be the largest of their kind, will be domiciled …
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Posted on 04/10/2020

UAE’s Shuaa launches three Sharia-compliant funds in ADGM

Shuaa Capital has launched three Sharia compliant funds and already secured $75 million of commitments. The Shuaa High Yield Sukuk Fund, Nujoom Aggressive Fund and Nujoom Balanced Fund are the first …
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Posted on 04/10/2020

Gulf pegs, Oman, Lebanon Mideast markets face rough quarter

While derivative traders have pared bets that Gulf states will be forced to devalue their currency pegs in the next 12 months, bouts of volatility may return. Countries that have been financing …
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Posted on 04/10/2020

CBUAE & Dubai Islamic Economy Development Centre join forces to strengthen Islamic banking sector

In addition to the cooperation in Islamic banking, CBUAE and DIEDC will work together to publish joint research and exchange knowledge to enhance expertise …
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Posted on 03/10/2020

Paytm, other Indian startups vow to fight ‘big daddy’ Google

In a video call on Tuesday, Sharma called Google the “big daddy” that controls the “oxygen supply of (app) distribution” on Android phones, according to an attendee. He ur …
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Posted on 03/10/2020

Finance Minister Kamal off to UAE for medical checkup

Finance Minister AHM Mustafa Kamal left Dhaka for United Arab Emirates (UAE) for medical checkup on Friday. A flight of Emirates Airlines carrying the minister took off from Hazrat Shahjalal …
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Posted on 03/10/2020

UAE Central Bank joins hands with Dubai Islamic Economy Development Centre to strengthen Islamic banking

Dubai: The Central Bank of the UAE (CBUAE) on Saturday signed a memorandum of understanding (MoU) with the Dubai Islamic Economy Development Centre (DIEDC) to reinforce and expand the reach of the …
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Posted on 03/10/2020

Mashreq, Noon.com launch UAE’s first e-commerce co-branded card

Mashreq noon VIP Visa Credit Card’, the UAE’s first e-commerce co-branded credit card. It will offer customers a wide range of benefits including 3.5 per cent cashback on all purchases at noon, 1 per …
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Posted on 03/10/2020

Expat remittances from the UAE exceed $21bn in first half of 2020

India retains position as top receiving country from expats in the UAE, ahead of the Philippines, Pakistan and Bangladesh …
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Posted on 03/10/2020

Watch: What you need to know about Dubai retirement visa

“If a person owns a property of Dh2 million inside the UAE, or a fixed deposit in a bank of no less than Dh1 million in cash or a fixed retirement salary of no less than Dh20,000, then he or she …
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Posted on 03/10/2020

UAE-Germany form joint task force to explore the potential of 4IR

Looking forward, there is significant potential for taking the bilateral business relations to another level. Covid-19 has been accelerating cultural change not only in the UAE, but also with regards …
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Posted on 02/10/2020

Finance Minister off to UAE for medical checkup

Finance Minister AHM Mustafa Kamal left Dhaka for United Arab Emirates (UAE) for medical checkup on Friday. A flight of Emirates Airlines carrying the minister took off from Hazrat Shahjalal …
( read original story …)


Posted on 02/10/2020

OPEC Output Steady as UAE Cut Offsets Gains in Troubled Members

(Bloomberg) — OPEC’s crude output held steady last month as the United Arab Emirates pulled production back sharply in atonement for recent months of oversupply. The UAE slashed by 310,000 barrels a …
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Posted on 01/10/2020

Dubai’s Yalla brings the majlis to Wall Street with IPO

Dubai social media company Yalla is bringing an online version of the Arab world’s majlis to Wall Street with its initial public offering. The company, which was valued at $1.1 billion at the time of …
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Posted on 01/10/2020

Philippine broadband firm eyes country’s biggest IPO of up to $865mln

The IPO could potentially be the country’s biggest, though regulatory filing prices in the Philippines have often been set far above value and the number of shares offered could b …
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