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Tag: finance

Posted on 19/08/2021

IndiGo to resume UAE flight from August 20

IndiGo will resume flights between India and the United Arab Emirates (UAE) from 1.30 am (IST) on Friday (August 20), a company spokesperson said. UAE …
( read original story …)


Posted on 19/08/2021

Fitch Rates Banque du Caire ‘B+’; Outlook Stable

Fitch Ratings has assigned Banque du Caire S.A.E. (BDC) a Long-Term Issuer Default Rating (IDR) of ‘B+’ with a Stabl …
( read original story …)


Posted on 19/08/2021

TigerWit Opens Dubai Office to Expand Services

TigerWit has opened its sales and customer service center in Dubai’s Business Bay to expand the company’s presence in the MENA region.
( read original story …)


Posted on 19/08/2021

Burgerizzr IPO oversubscribed by 500% on day one

RIYADH: The Burgerizzr burger chain’s initial public offering (IPO) was oversubscribed by 500 percent on the first day, according to the financial advisor in charge of the share sale Emirates NBD …
( read original story …)


Posted on 19/08/2021

UAE Central Bank issues new guidelines on hawala transactions

The Central Bank of the UAE issued fresh guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT) for Registered Hawala Providers (RHP) in the UAE and Licensed Financial …
( read original story …)


Posted on 19/08/2021

Do you take financial advice from social media?

I discuss points and try and know the rationale for advice on stock-picking or more recently on cryptocurrencies,” says Satish. If decades ago, there were friends and ‘good investors’ to suggest, …
( read original story …)


Posted on 19/08/2021

CBUAE issues guidelines for hawala Providers, asks them to open bank account

All providers undertaking hawala activity in the UAE must hold a hawala provider certificate issued by the Central Bank.
( read original story …)


Posted on 19/08/2021

UAE Central Bank issues new guidance to hawala providers and financial institutions

The Central Bank of the UAE issued fresh guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT) to Registered Hawala Providers in the UAE and Licensed Financial …
( read original story …)


Posted on 19/08/2021

Ghani has taken refuge in UAE, says Dubai

He has come under withering criticism for his performance during his tenure as Afghanistan’s leader and the ignominious way in which he fled, speeding the government’s collapse …
( read original story …)


Posted on 18/08/2021

UAE Ministry of Finance signs MoU with RAK Maritime City

In line with its commitment to ensure that all federal and local government entities comply with UAE tax agreements, the Ministry of Finance (MoF) signed a memorandum of understanding (MoU) with RAK M …
( read original story …)


Posted on 18/08/2021

Afghan President Ghani surfaces in UAE

Ousted Afghan President Ashraf Ghani is residing in the United Arab Emirates, the Persian Gulf state’s foreign ministry confirmed Wednesday. Ghani’s whereabouts had been a subject of considerable …
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Posted on 18/08/2021

President Ghani gets humanitarian asylum in UAE as Trump and Biden turn on him

Afghan President Ashraf Ghani and his family have been granted asylum in the UAE on the grounds of “humanitarian considerations.” Mr Ghani fled Afghanistan last week as the Taliban approached Kabul.
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Posted on 18/08/2021

How Ashraf Ghani went from Afghanistan’s president to villain hiding in UAE

Although he is a Pashtun, Afghanistan’s dominant ethnic group, Ashraf Ghani was seen as an outsider who lacked the political touch to unite disparate factions, and he became more isolated over time.
( read original story …)


Posted on 18/08/2021

After Dropping The Idea Twice, VLCC Finally Files For IPO; Here’s What We Know So Far

VLCC (formerly Vandana Luthra Curls and Curves) is a beauty and wellness company that has filed for an initial public offering (IPO). It plans to issue fresh issue shares worth Rs 300 crore, while the …
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Posted on 18/08/2021

Ousted Afghan President Ashraf Ghani fled to UAE, country says

The United Arab Emirates confirmed Wednesday that it has welcomed former Afghan President Ashraf Ghani and his family after the ousted leader fled his country as the Taliban closed in on Kabul.
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Posted on 18/08/2021

Afghanistan Taliban crisis LIVE: Ashraf Ghani who fled Kabul is now in UAE, says report

The United Arab Emirates (UAE) said that the country has accepted former Afghan President Ashraf Ghani and his family for “humanitarian considerations.” “The UAE Ministry of Foreign Affairs and …
( read original story …)


Posted on 18/08/2021

Afghan central bank’s $10b stash to remain locked

The country’s central bank, Da Afghanistan Bank (DAB), is thought to hold foreign currency, gold and other treasures in its vaults, though the exact contents are unclear, according to an Afghan …
( read original story …)


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