One of the UAE’s first banks, Habib Bank AG Zurich (HBZ), forges long-lasting relationships and grows with its clients …
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UAE: When it can be a good idea to co-sign a loan for your adult child
Co-signing a loan can be a good financial strategy that helps them build credit. Or is it? If you’re the parent of a young adult, you may be asked to co-sign for a car loan or an apartment lease.
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S1lkpay raises $1.22m led by UAE’s Seven Rivers Capital
S1lkpay, an Astana International Financial Center (AIFC) and DIFC-fintech startup has raised $1.22 million in a round led by UAE’s Seven Rivers Capital. The deal also included the participation of …
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Great Neighbourhoods of Dubai: Your area guide to Al Qouz where you can eat, drink and scuba dive
Dubai: Al Quoz is one of those completely juxtaposed areas in Dubai. It’s home to a massive industrial zone and mechanic shops, while also being a place clustered with art galleries, upscale eateries …
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Dubai ride-hailing unicorn to merge with women-led SPAC to list in the US
Swvl, a Dubai-based ride-hailing company, has announced its plan to go public in the US through a merger deal with a special purpose acquisition company (SPAC), Queen’s Gambit Growth Capital. The …
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A.R.M. Holding Becomes the First Corporate Patron of Dubai Collection
A.R.M. Holding, the private investment firm and multi-focused economic enabler, announced today that 19 artworks from the A.R.M. Holding Art Collection were selected earlier this month to join Dubai …
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KLAIM announces first of its kind financing solution for medical claims in the UAE
Designed specifically for healthcare providers, this is the first ever solution of its kind in the entire MENA region …
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Economic revival boosts H1 revenues and profits of UAE banks
Dubai: All leading banks in the UAE have reported strong growth in both revenues and net profits in the first half of 2021, clearly pointing to a sustained revival in the economic conditions in the …
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UAE’s surging credit appetite points to solid economic revival
Credit demand outlook positive for the third quarter as economic recovery gains pace Dubai: Credit appetite in the UAE economy gained momentum in the second quarter and is expected to sustain the …
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UAE inks new deal to boost national industrial sector
The agreement offers financing for manufacturers, export and trade, loan guarantees, an overarching umbrella for startups, SMEs …
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Why Real Estate Investors Should Care About the Dole IPO
Companies that are headed to an initial public offering (IPO) in this day and age are often tech start-ups that are just a few years old. With the Dole IPO, you have not one but two companies that …
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Tatweer Misr, First Abu Dhabi Bank sign agreement to offer exclusive mortgage services
This partnership is in line with Tatweer Misr’s strategy to stimulate sales and facilitate the benefits of mortgage services, strengthening the overall purchasing power …
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Bank of Baroda celebrates 48 glorious years in the UAE
Bank of Baroda celebrated its 114th Foundation Day on July 20 and marked 48 years of glorious banking presence in the UAE …
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US Pension Plans Seek Discovery Pause In Tax Fraud Case
A group of U.S. pension plans asked a New York federal judge to stay expert discovery in a $2.1 billion fraud case brought by Denmark’s tax agency, urging for a pause ahead of upcoming developments in …
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Saudi Arabia’s Burgerizzr to begin IPO in August
Ruwaigh, says it is Saudi Arabia’s largest burger chain and has more than 80 outlets across the Kingdom. The company plans t …
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UAE schools teach financial wellness to students
Some schools in the UAE have started teaching their grades XI and XII students about financial wellness and management, a topic that is particularly relevant during the pandemic.The idea for the …
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ADB supports Dubai Islamic Bank Pakistan to expand trade finance in country
Trade and Supply Chain Finance Program (TSCFP) has signed an agreement with Dubai Islamic Bank Pakistan Limited (DIBPL) to support trade in Pakistan.
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