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Tag: finance

Posted on 23/06/2021

First Mideast Bitcoin Fund Lists On Nasdaq Dubai Exchange

The Bitcoin Fund has become the first bitcoin investment fund to trade in the Middle East after being listed on the Nasdaq Dubai exchange. The Bitcoin Fund, a Canadian, closed-end bitcoin investment …
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Posted on 23/06/2021

UAE central bank revises life and investment selling rules

Giving rise to concerns that it could push more IFAs out of an ‘already bleeding market’ #dubai #islamicfinance #uae …
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Posted on 23/06/2021

UAE Gender Balance Council highlights global, regional achievements

The UAE was ranked first across the Arab world in in the World Economic Forum Global Gender Gap Report for the year 2021.
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Posted on 23/06/2021

UAE Aqarchain crowdfunding and tokenization platform built on Tezos to launch soon

UAE based Aqarchain; regulated by the Dubai Finance Services Authority (DFSA) in DIFC (Dubai International Financial Center), the leading operator of a real-estate crowdfunding portal, will soon be …
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Posted on 23/06/2021

Dubai regulator imposes restrictions on private bank

The Dubai Financial Services Authority (DFSA) has prohibited FFA Private Bank (Dubai) from receiving, arranging or executing orders from or on behalf of “specific clients”. This is “due to concerns …
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Posted on 23/06/2021

Kuwait Finance House gives initial guidance for AT1 sukuk – document

KFH Capital, Standard Chartered, Boubyan Bank, Dubai Islamic Bank, Dukhan Bank, Emirates NBD Capital, First Abu Dhabi Bank and Mizuho Securities are arranging the deal …
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Posted on 23/06/2021

Covid-19: UAE on robust recovery after Dh395 billion lifeline

The UAE government has spent a total of Dh395 billion for economic support and initiatives since the start of the pandemic — all to ensure the country’s robust recovery. Humaid Al Muhairi, official …
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Posted on 22/06/2021

UAE banking system stays strong, support plan to continue: CBUAE

Our assessment and recent economic data point to a post-pandemic rebound of the UAE economy. The UAE banking system remains resilient, and our support measures in the form of the CBUAE’s …
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Posted on 22/06/2021

Dubai repays $500 million bond certificates

Dubai’s ability to fulfill its financial obligations reflects its deep fiscal stability amidst the circumstances imposed by the current global …
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Posted on 22/06/2021

How much money can I make investing in UAE real estate? Let’s find out how to calculate profits

Know what are the different ways to calculate your returns when investing in real estate Dubai: Investors from across the globe looking to invest in real estate see the UAE as one of the most …
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Posted on 22/06/2021

Dubai Government pays out in full after $500m Fixed Rate Note matures

Dubai: The Dubai Government, acting through the Department of Finance (DoF), has paid out in full the $500 million Fixed Rate Note issued on11. All the notes have been redeemed by making the required …
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Posted on 22/06/2021

Dubai government repays $500mln bond certificates

Upon maturity, all the notes have been redeemed in full by making the required payment through the paying agent to the holders of the notes, along with accrued interest …
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Posted on 22/06/2021

Dubai says $500 million bond repayment reflects fiscal stability

Dubai repaid $500 million in bonds due on Tuesday in what the government said was a sign of fiscal stability despite the coronavirus-driven economic downturn.
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Posted on 22/06/2021

Central Bank of UAE Governor seeks continued support of banks to the UAE economy

Our assessment and recent economic data point to a post-pandemic rebound of the UAE economy. The UAE banking system remains resilient, and our support measures in the form of t …
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Posted on 22/06/2021

UAE Central Bank tells banks to ensure continued flow of funds to creditworthy clients

The Central Bank has projected gradual economic recover during 2021 and 2022 from the repercussions of the Covid-19 pandemic.
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Posted on 22/06/2021

UAE Central Bank Sees Inflation Picking Up in Second Half

The United Arab Emirates central bank expects consumer prices to start rising again in the second half of 2021.
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Posted on 22/06/2021

MoF Organises A Virtual Workshop On The Saudi Ministry Of Finance’s Experience In Joining The SDDS

As part of its ongoing efforts to improve government financial work in the UAE and enhance financial disclosure and transparency processes in accordance …
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