Tag: finance

Damac Properties PJSC expects a “difficult” period of as many as two years for Dubai’s property market as the impact of the coronavirus drags real-estate prices down.
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Discussions are ongoing and there is no certainty that any transaction will be completed, Emirates NBD said in a bourse filing.
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Emirates NBD is in preliminary discussions with Lebanon’s BLOM Bank to pick up the latter’s stake at its Egypt operations. “Discussions are still ongoing and there is no certainty that any transaction …
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Samba Financial Group will become the first Saudi Arabian bank to establish in DIFC. The group will use DIFC to build an international presence by enhancing client coverage across the region. The …
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Sir Anthony Ritossa is gearing up to host the 12th Global Family Office Investment Summit under the High Patronage of His Highness Sheikh Ahmed Al Maktoum October 26-28, 2020 at the Four Seasons …
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Emirates NBD, Dubai’s largest bank, on Wednesday said that it had resolved all the technical issues that customers had been facing while the bank upgraded its systems.
As previously communicated, …
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Regulation, DHCR, & Head of the Scientific Committee of Healthcare Future Summit, said: “We are bringing healthcare commu …
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NMC Health has secured loan commitments worth $275 million in a deal which would allow the lenders to improve their prospects of recovering money already owed by the United Arab Emirates troubled …
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Bank customers faced disruptions in some e-services earlier this week Dubai: Emirates NBD said on Wednesday that it has restored its digital banking services following some disruptions earlier this …
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Account holders were unable to access the bank’s website and mobile app to make payments and remittances Emirates NBD said it has restored digital banking services after a system upgrade at the …
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Shrinking interest margins and non-interest incomes force banks to cut costs further Dubai: UAE banks, especially those with large retail operations are headed for more redundancies as businesses is …
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Blom Bank is attempting to strengthen its finances as Lebanon endures financial crisis Cairo/Dubai: Lebanon’s Blom Bank said on Tuesday it was looking to sell its subsidiary Blom Bank Egypt …
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Azizi Developments CEO Farhad Azizi said it will raise $300m from sukuk in Q1 2021 Dubai-based real estate developer Azizi Developments said it has no plans to take the company public for at least …
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Nathan’s Famous, Inc., the American tradition serving New York favorites for more than 100 years, announces today it has signed a licensing, manufacturing and distribution agreement with Mezzan …
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Chinese electric car start-up Xpeng Motors has filed for an IPO on the New York Stock Exchange. That comes after raising $400 million from Chinese media giant Alibaba, the Qatar Investment Authority, …
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while they finance their part and we finance ours. Later on, we plan on seeking out financing from the Brazilian government, the UAE or other sources,’ Moretti explained. The memorandum is just …
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Some 72 expecting mothers had e-registered for cord blood banking in Dubai, just a couple of months since the digital registration was launched, health authorities said. The Dubai Health Authority …
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