Bank Hapoalim CEO Dov Kotler says that the agreement will allow Israelis to do business in the United Arab Emirates and other countries.
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UAE official says U.S. mediation an assurance suspension of annexations will hold
The United Arab Emirates’ foreign minister said on Tuesday that the presence of the United States as a mediator of the country’s deal to normalise relations with Israel assures him that the suspension …
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Innovative Israeli Medical Devices in the UAE: The Cardiacsense Medical Watch for Identifying Arrythmia Will be Sold in the UAE
The public company Merchavia Holdings and Investments (TASE: MRHL) reports that Cardiacsense Ltd., in which the company has a holding of 5.67% of the share capital (at full dilution), has signed an …
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EXCLUSIVE-Saudi Arabia’s STC asks banks to pitch for subsidiary IPO -sources
Saudi Telecom Co (STC) has asked banks to pitch for roles in a potential public offering of its products and services development arm, three sources familiar with the matter told Reuters.
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UAE Disregards OPEC+ Output Target With Further Boost, IEA Says
The United Arab Emirates almost entirely disregarded its commitment to OPEC+ production quotas last month, when it opened the taps even further, according to the International Energy Agency.
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Dubai Electricity & Water Authority — Moody’s announces completion of a periodic review of ratings of Dubai Electricity & Water Authority
Disclaimer | Commerce Policy | Made In NYC | Stock quotes by finanzen.net READ NOW: Billionaire investor Michael Hintze’s hedge fund still down 43% this year after mild August gain, report says …
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Largest banks in Israel, UAE sign cooperation agreement
Bank Hapoalim CEO says that deal with National Bank of Dubai will allow Israeli clients direct transactions in the Emirates and other countries …
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UAE’s ADIB and MoF launch new e-Dirham cards for 5,000 services
Abu Dhabi Islamic Bank (ADIB), in partnership with the Ministry of Finance (MoF), is launching a new range of … e-Dirham cards will mark a major milestone in the development of the UAE’s cashless …
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UAE discusses ways to alleviate debt burden of countries in need
The Ministry of Finance (MoF) has participated in the G20’s virtual Fifth International Financial Architecture meeting, to discuss the latest international efforts to mitigate the repercussions of the …
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Russia’s Sberbank to target Middle East investors with UAE subsidiary
The state-owned bank said Sberinvest Middle East would engage in trade finance of Russian exports to the Middle East …
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Dubai’s Emirates NDB signs MoU with Israel’s Bank Hapoalim – Hapoalim statement
Emirates NDB, Dubai’s largest bank, signed a memorandum of understanding (MoU) with Israel’s Bank Hapoalim, the country’s largest lender, a statement from Hapoalim said on Monday.
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UAE’s Emirates NBD signs MoU with Israel’s Bank Hapoalim
The MoU was formalised by Emirates NBD’s Vice Chairman and Managing Director Hesham Abdulla Al Qassim and Group CEO Shayne Nelson, and Bank Hapoalim’s CEO, Dov Kotler in the p …
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Japan’s Nomura cuts investment banking jobs in Dubai
Tokyo-based brokerage shrinks its Middle East footprint and moves coverage of the region to staff in other offices …
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Nomura Cuts Dubai Investment Bank Jobs in Mideast Coverage Shift
Nomura Holdings Inc. eliminated about a half dozen investment banking jobs in Dubai, as Japan’s biggest brokerage shrinks its Middle East footprint and moves coverage of the region to staff in other …
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Saudi Arabia’s BinDawood Holding sets IPO price range
DUBAI — One of the leading Saudi supermarket retailer BinDawood Holding set price range for its initial public offering (IPO) seeking to raise as much as $585 million (2.19 billion Saudi riyals) in a …
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UPDATE 1-ADNOC completes $1 bln institutional placement for distribution business
State-run Abu Dhabi National Oil Company (ADNOC) said on Monday it had completed a placement to institutional investors of 10% in its subsidiary ADNOC Distribution’s total share capital, or 1.25 …
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UAE’s jewellery retailers are cashing in by selling their excess gold stocks
With demand down by 60-70%, retailers use their unsold stocks to pay off debt Dubai: UAE’s shoppers are staying away from jewellery stores after gold prices touched record highs – but that doesn’t …
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