Tag: finance

Providing food during the holy month of Ramadan is the best we can give from the UAE to humanity. For a donation of as low as Dh1, you can take part in the region’s biggest food donation drive …
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United Arab Emirates airline flydubai said on Sunday its 14 Boeing 737 MAX jets were not affected by a potential electrical problem in certain jets. Other airlines withdrew dozens of 737 MAX aircraft …
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The sovereign wealth fund has been having initial discussions with potential advisers about a listing of GlobalFoundries that could value the business at about $20bn, according to the people. It …
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Emirates NBD, Dubai’s largest bank and a front-runner in digital banking, said it saw contactless payment transactions which include contactless card and mobile wallet-based payments rise by 59 …
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Existing payments business is now a fully owned subsidiary as it looks to build on $18bn deals in 2020 First Abu Dhabi Bank (FAB), the UAE’s largest lender, has completed the carve out of its payments …
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The United Arab Emirates named new members of the board of its central bank including two vice chairmen in a decree issued on Saturday, state news agency …
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Suneeti Ahuja Kohli Suneeti Ahuja-Kohli has been in Dubai long enough to call it her … For now, she writes frequently on personal finance, retirement planning, business news and features …
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The United Arab Emirates named new members of the board of its central bank including two vice chairmen in a decree issued on Saturday, state news agency WAM reported. Abdulrahman Saleh Al Saleh and …
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The United Arab Emirates will invest $10bn in Indonesia’s new sovereign wealth fund (INA) to be spent on projects inside Southeast Asia’s biggest economy, including toll roads …
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The President, His Highness Sheikh Khalifa bin Zayed Al Nahyan, on Saturday issued a federal decree to reconstitute the board of directors of the Central Bank of the UAE. The board will be headed by …
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What they don’t talk about enough is that fact that UAE is ranked amongst the top 20 countries in The World Bank’s 2020 Doing Business Report and it employs the most effective investor friendly legal …
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setting an IPO offer price that valued the unit at US$8.5 billion. Last year, after oil prices crashed and OPEC+, including the UAE, had to curtail massive production volumes to rebalance the …
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DUBAI- Abu Dhabi National Oil Company (ADNOC … ADNOC has held discussions with banks over the potential initial public offering (IPO), said the sources, who declined to be named as the matter is not …
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This is in line with the ministry’s efforts to strengthen financial management federally, support the development process, and achieve financial stability …
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The Central Bank of the UAE (CBUAE) on Thursday announced a new liquidity management facility (ILF), which will be introduced as part of the implementation plan of the new Dirham Monetary Framework.
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Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, has won three awards at the fourth edition of the Middle East and Africa Banking Resilience and Transformation Conference. CBD’s …
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Emirates NBD is to sell a major stake in Dubai Bank to Abu Dhabi-based private limited company Eradah Capital. A statement to the Dubai Financial Market (DFM) said: “Emirates NBD Bank (PJSC) confirms …
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