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Tag: finance

Posted on 12/09/2020

Special: UAE makes the switch to digital payments

Presented by Khaleej Times, the event brought together experts from various fields to highlight the changing nature of consumer preferences and their payments options. Ali Allawala, head of Retail …
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Posted on 12/09/2020

United Arab Emirates $2.04 Billion Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics 2015-2019 & 2020-2024

Dublin, Sept. 11, 2020 (GLOBE NEWSWIRE) — The “United Arab Emirates Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) – Market Size and Forecast (2015-2024 …
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Posted on 11/09/2020

The haters won’t admit it, but Trump’s UAE-Israel diplomacy is an extraordinary triumph

Trump, assisted by his advisers, has fundamentally reworked the alliances and conflicts of the Middle East in less than four years.
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Posted on 11/09/2020

UAE’s Breach of OPEC Output Pact Shakes Oil Traders’ Faith

Just when OPEC seemed to have finally mastered the long-running problem of members breaching their oil-output targets, a new offender is emerging.The United Arab Emirates — traditionally a loyal …
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Posted on 11/09/2020

Saudi sovereign fund PIF weighs investing in Ant IPO -sources

Ant, Alibaba’s fintech arm and China’s dominant mobile payments firm, filed for a dual listing in Hong Kong and on Shanghai’s Nasdaq-style STAR Market last month …
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Posted on 10/09/2020

EXCLUSIVE-Saudi sovereign fund PIF weighs investing in Ant IPO-sources

Saudi Arabia’s sovereign fund PIF is weighing a potential investment in the initial public offering of Chinese financial technology firm Ant Group, two sources familiar with the matter said.
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Posted on 09/09/2020

UAE and Pakistani finance authorities join hands to combat money laundering

The Financial Intelligence Unit (FIU) of the UAE has signed an agreement with the Financial Monitoring Unit of Pakistan to combat money laundering and financing terrorism. The MoU signed today by …
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Posted on 09/09/2020

UAE firms can now obtain bank loans against moveable assets as collateral

Ministry of Finance also announces creation of electronic registry to record assets to ensure project financing …
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Posted on 09/09/2020

UAE Minister of State for Financial Affairs participates in UN Finance Ministers meeting

Al Tayer showcased the UAE’s leading regional position on the quest to realise … participated yesterday in the virtual United Nations Finance Ministers meeting to discuss a newly launched initiative …
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Posted on 09/09/2020

UAE moves to boost SME loans with moveable assets law

The United Arab Emirates will allow small and medium-sized businesses to use assets including tools and raw materials as collateral to back loans, in order to encourage lending to them.
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Posted on 09/09/2020

Market cap of second market-listed companies in UAE rises to $2.81bln

The UAE started trading in second markets on 2014 in a move that aimed to boost liquidity for private companies and pave the way for its IPO in the primary market … Abu Dhabi Securities Exchange and …
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Posted on 09/09/2020

Israel’s Hapoalim expects UAE bank ties to follow normalisation

Israel’s largest lender Bank Hapoalim expects to start working with banks in the United Arab Emirates once the two Middle East states sign a normalisation agreement, its chief executive said on …
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Posted on 09/09/2020

Retail Banking Market in United Arab Emirates (UAE) – Coronavirus (COVID-19) Sector Impact

An extensive elaboration of the Retail Banking in United Arab Emirates UAE Coronavirus COVID 19 Sector Impact market strategy of the industry players in the precision of import export consumption …
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Posted on 09/09/2020

Route Mobile IPO opens today — Here’s what works for it and what doesn’t

The cloud communication platform services provider Route Mobile ₹600 crore IPO will open for subscription from today. Ahead of the IPO, the company already raised ₹180 crore f …
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Posted on 09/09/2020

Voice-centric social platform Yalla Group files for a $100 million US IPO

The article Voice-centric social platform Yalla Group files for a $100 million US IPO originally appeared on IPO investment manager Renaissance Capital’s web site renaissancecapital.com. Investment …
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Posted on 09/09/2020

How to gauge the economic and political impacts of UAE deal

While the deal has already borne fruit for Israel, some experts urge caution about overemphasizing the long-term benefits.
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Posted on 09/09/2020

UAE welcomes Israeli banks that finance theft of Palestinian land

Yet this month the UAE is welcoming two of the largest financiers of illegal Israeli settlements to its capital. Delegations from Bank Hapoalim and Bank Leumi will visit Dubai and Abu Dhabi to meet …
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