The emirates have recently sought to increase female representation in the workforce. The UAE Central Bank and Aurora 50, a social enterprise focusing on achieving gender-balanced boardrooms in the …
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AI: The future of finance
With Oracle’s Money & Machines report revealing that 70 percent of people in the UAE trust robots over humans to manage finance, we look at how AI-driven tools are changing the role of corporate finan …
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UAE-GCC states trade exchange at $62bln in 2019
The trade exchanges between the UAE and GCC states amounted to around AED229 bn in 2019, a 4 percent growth on 2018, according to Younis Haji Al Khouri, Under-Secretary of the Ministry of Finance (MoF …
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New master plan will help Dubai grow into ‘global city for the future’
HSBC research predicts that the most successful global cities will be the ones that prioritise sustainable innovation, empowering human capital, and supporting new flows of trade …
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UAE stock investors do a bit of profit taking early Monday
Dubai and Abu Dhabi stocks eased back in early trade on Monday, with banking and real estate stocks leading the losses after three days of rally lured investors into booking profits on their positions …
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Easy Trip Planners IPO share allocation: How to check your application status
Easy Trip Planners IPO was open between March 8 and March 10 and the ₹510 … Its international offices (as subsidiary companies) are located in Singapore, the UAE and the UK. Easy Trip Planner …
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Trade exchanges between UAE, GCC worth Dhs229bn in 2019
Trade exchanges between the UAE and GCC states amounted to around Dhs229bn in 2019, a 4 per cent growth on 2018, according to Younis Haji Al Khouri, under-secretary of the Ministry of Finance (MoF).
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UAE- GCC banks brace for new wave of mergers after &lsquo triple shock’ to profitability
The GCC banking sector is bracing for a second wave of mergers and acquisitions (M&A) after suffering a triple shock to profitability in 2020 from lower lending growth, lower-for-longer interest rates …
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UAE to Require Listed Firms to Have at Least One Woman on Board
The United Arab Emirates, home to Dubai and Abu Dhabi stock markets, will require at least one female director on the boards of all listed companies, the National newspaper reported, citing the market …
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Emirates Islamic commended for efforts to advance inclusion of People of Determination in the UAE
one of the leading Islamic financial institutions in the UAE, and the preferred bank for UAE nationals, has been honoured by the Ministry of Human Resources and Emiratisation (MoHRE) for its …
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Gulf markets plunge on US-Iran tensions, Aramco hits lowest since IPO
Shares of oil giant Aramco, which listed last month in a record initial public offering (IPO), fell 1.7% to hit … while Saudi stocks plunged 2.2%. Dubai stocks were down 3.1% and the Abu Dhabi …
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UAE stocks expand their rally on development roadmap
Dubai Financial Market closed higher for a third … Other financial stocks to rise were Amlak Finance and Ajman Bank. Property stocks were not left behind with the emirate’s top developer Emaar …
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UAE Sheikh Lays Claim to Oil Cargo U.S. Says Is From Iran
The U.S. attempt to prevent Iran exporting oil suffered a blow after a United Arab Emirates sheikh laid claim to a cargo that Washington seized and alleged is from the Islamic Republic.A company …
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UAE will grant extension to Pakistan for loan repayment, Pakistan officials believe
The time period given to Pakistan for repayment of nearly USD 1 billion from the loans taken from UAE has expired. But the Pakistan …
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UAE Sheikh Claims Ownership of Oil Cargo U.S. Says Is From Iran
The U.S. attempt to prevent Iran exporting oil suffered a blow after a United Arab Emirates sheikh claimed ownership of a cargo that Washington seized and alleged is from the Islamic Republic.A …
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Aafaq Islamic Finance Continues to Support SME’s via Facilities Provided by the “Osool” Program
Aafaq Islamic Finance, a leading company in the Islamic finance sector for individuals and companies affirms its continuous support for local initiative …
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UAE- Bitcoin passes $60,000 for first time
Bitcoin briefly rose above $60,000 for the first time on Saturday, as increasing backing from corporate heavyweights helps the world’s most popular virtual currency continue its record-breaking run.
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