We would like to sincerely thank the UAE Central Bank and express our gratitude for their faith and trust in our community efforts and granting the banking license to Al Maryah …
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EDB partners with Mashreq Bank on Credit Guarantee Programs for SMEs in UAE
The MoU is part of EDB’s focus to enhance the contribution of SMEs to the country’s GDP Dubai: Emirates Development Bank (EDB), a key financial enabler of the country’s economic …
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The Minuses of OPEC+ Are Exposed by the UAE
As the old certainties that underwrote the cartel slip, a key member is preparing for a world in which oil demand could peak, with consequences for the entire group.
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UAE Sees 55 per cent Growth in Finance App Installs as FinTechs Up Marketing Spend
AppsFlyer, the global marketing measurement leader, has released its 2021 edition of The State of Finance App Marketing. The Covid-19 pandemic directly impacted how consumers interact with financial i …
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UAE: What happens to a joint account after the death of an account holder
Dubai: If you have a significant amount of savings in the UAE, it may make sense to set up a joint account, where your spouse or children are all account holders. Similarly, you may open a joint …
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Dubai International Finance Centre gives its Intellectual Property regulations more muscle
Dubai: The Dubai International Financial Centre (DIFC) has introduced new Intellectual Property (IP) Regulations with effect from July 5. This will “enhance and augment” the UAEs …
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UAE-Based GoDoFX Picks Integral for FX and CFD Trading Technology
Integral, a leading foreign exchange (FX) technology provider, today announced that GoDoFX has selected Integral for FX and CFD trading technology.
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UAE: 9 out of 10 residents prefer digital banking to visiting physical branches
Nine out of 10 UAE residents are now more likely to opt for digital banking services rather than make a physical visit to a bank branch. A new survey conducted by Backbase and YouGov revealed that …
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The Engine Behind Nasdaq Dubai’s New Growth Market: A Guide For Dubai’s SME Sector
The benefits of listing include a reduced dependence on bank funding, a higher degree of diversification of investors, easier access to additional equity capital and debt finance, and a higher public …
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Oil and Dollars: Why the UAE Is Risking a Fallout With OPEC+
The OPEC+ oil cartel is facing its biggest crisis since a price war at the start of the coronavirus pandemic.The United Arab Emirates, the group’s fourth-biggest producer, argued against a deal …
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Analysis-OPEC Disagreement Lays Bare Growing UAE-Saudi Economic Rivalry
Rare public disagreement between the United Arab Emirates and Saudi Arabia over OPEC policy points to a growing economic rivalry between the two largest Arab economies which only looks set to …
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OPEC+ abandons oil policy meeting after Saudi-UAE clash
By Rania El Gamal, Ahmad Ghaddar and Alex Lawler DUBAI (Reuters) -OPEC+ ministers called off oil output talks on Monday after clashing last week when the United Arab Emirates rejected a proposed eight …
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Deluxe Holiday Homes, Dubai’ s leading short-term lets provider, emerges from pandemic with 150% increase in its property portfolio
Dubai’s leading holiday lets provider, Deluxe Holiday Homes, is thrilled to report a record-breaking increase of 150% in its property …
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Mideast SPAC Trickle May Turn to Flood as Dubai’s Shuaa Capital Plans 3 Launches
Dubai financial services firm Shuaa Capital PSC is considering setting up three blank-check companies of around $200 million each, according to people familiar with the matter, rapidly opening up the …
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Oman state energy firm OQ may sell drilling business, sources say
Oman state energy company OQ is considering selling its drilling unit Abraj Energy Services, sources said, as the Gulf nation seeks to shore up its finances that have been hit by the coronavirus …
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Consumer Banking Marketplace Driven By Artificial Intelligence Launches in UAE
The soon to be launched disruptive marketplace will be an end-to-end solution catering to consumer banking, valuation and insurance needs in one ecosystem. The UAE will soon be home to a new …
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Saudi Arabia Amends Import Rules From Gulf in Challenge to UAE
Saudi Arabia has amended its rules on imports from other Gulf Cooperation Council countries to exclude goods made in free zones or using Israeli input from preferential tariff concessions, in a …
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