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Tag: finance

Posted on 19/08/2020

Quiet ties and secret talks paved way for UAE-Israel deal

Secret talks and quiet ties — that’s what paved the way for last week’s deal between the United Arab Emirates and Israel to normalize relations. Touted by President Donald Trump as a major Mideast …
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Posted on 18/08/2020

In a first, Oman’s sultan names foreign, finance ministers

DUBAI, United Arab Emirates — Oman’s sultan on Tuesday named foreign and finance ministers for the first time, putting officials in positions long wielded by his late predecessor. Sultan Haitham bin …
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Posted on 18/08/2020

Dubai CSD distributes cash dividends for listed companies on DFM and Nasdaq Dubai

Following the IPO, the Government of Dubai retained the remaining 80 per cent of DFM Company through Borse Dubai Limited. www.dfm.ae Disclaimer: The contents of this press release was provided from an …
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Posted on 18/08/2020

Dubai court dismisses Dh7.2bn tax fraud claims against Sanjay Shah

The former hedge-fund manager recently called in two loans from former business … Sanjay Shah is hoping to reopen the Autism Rocks Support Centre in Dubai. Antonie Robertson/The National Allegations …
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Posted on 17/08/2020

Finance minister seeks investment from UAE for Rs 111 lakh crore National Infrastructure Pipeline

Finance minister Nirmala Sitharaman on Monday held a virtual bilateral meeting with United Arab Emirates (UAE) minister of state for financial affairs …
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Posted on 17/08/2020

UAE and Israeli Companies Sign Deal on Stem Cell Research

Abu Dhabi Stem Cell Centers signed an accord with Pluristem Therapeutics Inc. to cooperate on research and development, the second such deal after the United Arab Emirates and Israel began normalizing …
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Posted on 17/08/2020

Israel planning UAE flights over Saudi: Netanyahu

Prime Minister Benjamin Netanyahu said Monday that Israel is working on opening a corridor over Saudi Arabia for flights to the UAE, following last week’s historic deal to normalise ties.
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Posted on 17/08/2020

AfCFTA could boost Dubai-Africa trade by 10% over next 5 years

Dubai’s trade with Africa could see an annual increase of up to 10 per cent over the next five years following the implementation of the …
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Posted on 17/08/2020

Israeli companies enthusiastic on deal with the UAE, target Gulf market

Israeli companies in the fields of cyber, water management, defense and even diamonds are lining up for launching business ventures in the United Arab Emirates.
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Posted on 17/08/2020

Chimera Capital rings the DFM bell to celebrate the listing of Umbrella Exchange Traded Fund

Following the IPO, the Government of Dubai retained the remaining 80 per cent of DFM Company through Borse Dubai Limited. www.dfm.ae Disclaimer: The contents of this press release was provided from an …
( read original story …)


Posted on 17/08/2020

Kane LPI approved to provide fund administration services in DIFC

Kane LPI Solutions (Kane LPI), specialists in the development and management of administration solutions in the international Life, Pension & Investment sectors, has today announced that it has been …
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Posted on 16/08/2020

Jobs in UAE: Marketing, banking, and hospitality hiring fresh graduates

In the UAE, engineering/design (21%) and advertising/marketing/public relations (18%) emerge as the most appealing industries for fresh graduates from a career point of view, followed by …
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Posted on 16/08/2020

Israel, UAE Shares Climb After Historic Deal Reached: Inside EM

Equities across the Middle East advanced in the first day of trading after Israel and the United Arab Emirates said they reached an agreement to begin normalizing relations.Israel’s TA-35 gained as …
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Posted on 16/08/2020

Mauritania supports ‘good judgment’ of UAE leadership on Israel accord -WAM

Mauritania, a member of the Arab League, said it supported the United Arab Emirates in its decision to sign an accord with Israel to agree to normalise relations, UAE state news agency WAM said on …
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Posted on 16/08/2020

UAE lenders banking on gradual recovery

Profitability at UAE banks will remain under strain in the second half of 2020, with recovery largely to be gradual and dependent on the rebound in economic activity amidst low interest rates, an …
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Posted on 15/08/2020

Foundation Holdings to invest US$42 Million in India’s ed-tech sector, allocation is biggest GCC-based private equity education investment in India

We hope to further elevate Toppr’s brand equity to eventually make it IPO ready and facilitate its listing on the Nasdaq or any similar international stock exchange. Foundation Holdings already …
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Posted on 14/08/2020

The Israel-UAE Deal Is Trump’s First Unambiguous Diplomatic Success

Trump’s new restrictions on Chinese apps and technology are so far-reaching that the future of the open internet is at stake. As protests rock another post-Soviet state, the Kremlin could be in an …
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