Tag: finance

Emirates Islamic, a leading Islamic financial institution in the UAE, has expanded its Business Banking centre network to support small and medium enterprises (SMEs) by launching two new facilities in …
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First Abu Dhabi Bank (FAB), the biggest lender in the United Arab Emirates, is planning a debut euro-denominated bond issuance, a document showed on Monday, the latest Gulf issuer to raise capital …
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Asian refining margins for 10 ppm gasoil rose to their highest level in over six months on Monday, supported by a steady demand in India and China, while upcoming spring turnarounds at regional …
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Masdar achieves first closing on the acquisition of 50% of a 1.6GW clean-energy portfolio of projects in the United States …
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Utico says its advisors are in negotiations to list the company through an Dh3bn valuation IPO in Dubai later this year …
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Dubai International Financial Centre (DIFC) penned an agreement to provide Tradeling, the hyper-growing eMarketplace focused on business-to-business (B2B) transactions in MENA, a platform to speed up …
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The UAE’s economy might have contracted by as much as 7.7 per cent in 2020, the steepest decline estimated for the GDP so far, with the core economic sectors — the hydrocarbon, tourism and retail …
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The world’s first digital trade finance bank, Anglo-Gulf Trade Bank (AGTB) Limited (“AGTB”), based in the United Arab Emirates (UAE), …
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UAE has outperformed many of the major global economies such as the US, Canada, the UK, Australia, EU countries, China, Japan and South Korea in the overall rankings of the index …
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The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, …
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US think-tank says UAE GDP to grow 2.3% in 2021, 3.0% in 2022, 3.4% in 2023 and 3.5% in 2024 The UAE economy will post faster growth each year over the next three years, helped by a range of pandemic …
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Quoting authorities in the UAE, the Washington DC-based body said restrictions imposed recently again about social distance to contain he pandemic will fade over time as vaccine coverage expands and …
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She sent message after an argument over who would use the dining table while working from home in October during the lockdown last year.
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Kuwait Finance House on Thursday reported a 22% drop in fourth-quarter net profit and a 40.9% drop in 2020 net profit, blaming the annual fall on a sharp slide in investment income and a rise in …
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DUBAI- Kuwait Finance House on Thursday reported a 22% drop in fourth-quarter net profit and a 40.9% drop in 2020 net profit, blaming the annual fall on a sharp slide in investment income and a rise …
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Regional Subscription Video On Demand (SVOD) service, Starzplay, has secured $25 million (AED 92 million) from Abu Dhabi-based Ruya Partners. The funding will be used to expand its geographic and …
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Since the pandemic, the number of cyber-attacks in the UAE and the region has seen a substantial increase, as the organisations have been forced to an immediate remote working scenario. As part of the …
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