Sharjah’s Al Sajaa Industrial City will manufacture more than 1,200 products and will feature a dedicated R&D complex, labs, showroom and staff accommodation …
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Emirates Islamic nurtures UAE National talent through specialised leadership program
Emirates Islamic, one of the leading Islamic financial institutions in the UAE recently culminated their three-part emerging …
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Moving to Dubai? Things to consider
There are numerous reasons why you might want to move your business to Dubai. There has been an incredible overhaul in the city over the years turning it into a mecca.
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Fitch Revises Gulf International Bank’s Outlook to Stable; Affirms IDR at ‘BBB+’
Fitch Ratings has revised Gulf International Bank B.S.C’s (GIB) Outlook to Stable from Negative, while affirming the bank’s Long-Term Issuer Default Rating (IDR) at ‘BBB+’ and Viability Rating (VR) at …
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Video: UAE distributes 30m meals in Egypt as part of 100m meals campaign
Dubai: A total of 30 million meals were distributed to low-income families and underprivileged communities in Egypt, as part of the UAE’s global ‘100 Million Meals’ campaign, the Mohammed bin Rashid …
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Indian Consulate in Dubai issues guidelines on dos and don’ts for expats
Dubai: The Indian Consulate in Dubai has issued guidelines on dos and don’ts for the Indian expats, especially workers, in the UAE through the help centre Pravasi Bharatiya Sahayata Kendra (PBSK). The …
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UAE delegation visits Saudi Arabia to strengthen anti-money laundering efforts
A UAE official delegation headed by Ahmed Ali Al Sayegh, Minister of State, and Khaled Mohammed Balama, Governor of the Central Bank of the UAE, visited the Kingdom of Saudi Arabia from July 13-14 …
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Covid-19 in UAE: Stress, burnouts, depression on the rise
All of these have caused a rise in mental health issues. “The number of mental health issues is on the rise and is like a forest fire. The unpredictability factor of the entire pandemic and its …
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Expect better exchange rate for Indian rupee against UAE dirham this week
Dubai: UAE based Indians planning to remit money home could get better exchange rate for their dirham in the week ahead as the rupee is likely to weaken against the dollar. Any weakening of the Indian …
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Fintechs to drive M&A in Saudi banking sector – KPMG
RIYADH: The rise of financial technology companies in Saudi Arabia will stimulate merger and acquisition activity in the coming years, according to global management consultancy KPMG. The fintech boom …
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“It was in everyone else’s interests that the towers were left to burn”
An interview with Prof Brian Brivati, author of Arif Naqvi’s Abraaj Group & the Geopolitics of Karachi Electric …
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Momentum in Dubai real estate to carry over into rest of 2021
Dubai’s property sector will sustain a positive momentum in the second half of 2021 as visa reforms, successful Covid-19 vaccination plan and government measures to support the economy spur demand and …
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Trump ally Thomas Barrack, accused of illegally lobbying UAE, reaches bail deal with prosecutors
Thomas Barrack, the billionaire businessman and ally of former President Donald Trump charged with illegally lobbying for the United Arab Emirates, will likely be released from a California jail on …
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Trump ally facing UAE lobbying charges released on massive $250m bond
A federal judge in Los Angeles ordered the release of Thomas Barrack, a private equity investor and former campaign adviser to Donald Trump, on a massive $250m bond after reaching a deal with federal …
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Tom Barrack SPAC pulls SEC registration, IPO plan as bail hearing for Trump ally moved to Friday in L.A.
Thomas Barrack, a close friend of Donald Trump, is accused of illegally lobbying for the United Arab Emirates during Trump’s campaign and presidency.
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UAE unveils more regulations to drive new era in digital payments
The Central Bank of the UAE (CBUAE) has unveiled new regulations as it prepares the country for a new era of digital payments. The Retail Payment Services and Card Schemes Regulation is the fourth in …
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PolicyBazaar IPO Next? PB Fintech Planning Rs 6,500 Cr Fundraise At $5 Bn Valuation
PB Fintech, the parent of SoftBank-backed PolicyBazaar, is planning to raise up to Rs. 6,500 crore ($870 million) through an initial public offering (IPO).
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