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Tag: finance

Posted on 07/06/2021

UAE central bank sets up ‘whistleblowing’ portal for misconduct, unethical practices

The UAE Central Bank has set up a special platform for whistleblowers to anonymously report misconduct and other wrongdoings that may be committed by any of its staff, contractors and representatives.
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Posted on 07/06/2021

Dubai Property Fund Rescinds Debt Offer After Bondholders Revolt

Dubai-based Emirates REIT on Monday withdrew the restructuring proposal for its $400 million Islamic bond after a group of investors successfully opposed the deal.
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Posted on 07/06/2021

UAE strives to make peace with nature

UN Secretary-General Antonio Guterres’ move to launch “an unprecedented effort to heal the Earth,” a world awash in climate disruption and spiralling pollution, is truly praiseworthy. This was done on …
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Posted on 06/06/2021

5 Best Cryptocurrencies to Invest in According to Hedge Funds

In this article we discuss the 5 best cryptocurrencies to invest in according to hedge fund billionaires. If you want to read our detailed analysis …
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Posted on 06/06/2021

Pakistanis in UAE largest senders of remittances through RDAs

The UAE also ranks second in terms of account openings … More products being added Pakistan is also considering adding new products, including house finance in Roshan Digital Accounts (RDAs) for …
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Posted on 06/06/2021

Banking on continued change in the UAE’s financial services sector

Women are playing an even greater role at a corporate level and in the investment sphere, according to Rasha Badawi, head of Barclays Private Bank in the UAE …
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Posted on 05/06/2021

CBD recognised with awards for digital banking

Commercial Bank of Dubai (CBD), a leading bank in the UAE, has won the ‘Best Innovation in Retail Banking’ award for its …
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Posted on 05/06/2021

Electronic connection activated between Abu Dhabi Judicial Department and UAE Central Bank

Abu Dhabi: (ADJD) has begun activating the electronic connection between the Enforcement Division and the UAE Central Bank, with the aim of expediting the processes to facilitate the procedures for …
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Posted on 05/06/2021

UAE and Israel Sign Tax Treaty

On Monday, 31 May 2021, the UAE and Israel signed a tax treaty in order to boost economic cooperation. It is expected that, following ratification later this year, the treaty will come into effect on …
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Posted on 04/06/2021

Saudi Roundup: Most recent major business developments taking place in the kingdom

Here are some of the top business and economic news that made headlines in Saudi in recent days and weeks. The trading system of Saudi Arabia’s Tadawul securities market resumed operations last …
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Posted on 04/06/2021

Epsom Derby: Six Dubai-owned horses in pursuit of glory

Dubai: The historic Epsom Racecourse in the UK has been a happy hunting ground for Dubai owners over the years – so it’s not surprising to see that as many as six horses will vie for top honours in …
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Posted on 04/06/2021

UAE’s SWIFT User Group discusses promoting secure banking system

The training programs will cover the latest and most comprehensive information on all SWIFT-related products and services …
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Posted on 04/06/2021

The secret stoushes of a machinist-turned-millionaire

Mining chairman Craig Ransley has made millions and fought off criminal charges. But one little-known fight saw his own board hire PwC to investigate.
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Posted on 04/06/2021

UAE Food Bank distributes 27,362 tonnes of food between its launch in 2017 and 2020-end

The UAE Food Bank announced that it has distributed 27,362 tonnes of food to various beneficiaries between its establishment in 2017 and the end of 2020. Launched as a charitable initiative to …
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Posted on 04/06/2021

OurCrowd Talks Areas of Joint Interest Between UAE and Israel

Following the Abraham Accords, initiated by the Trump administration that saw the normalization of relations between the UAE and Bahrain, OurCrowd – a top global early-stage investment platform, moved …
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Posted on 04/06/2021

UAE Food Bank distributes over 27,000 tonnes of food

The UAE Food Bank announced that it has distributed 27,362 tonnes of food among various beneficiaries between its establishment in 2017 and the end of 2020.
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Posted on 03/06/2021

UAE Food Bank distributes 27,362 tonnes of food to beneficiaries

Charity organisation UAE Food Bank has distributed 27,362 tonnes of food to various beneficiaries since it was established in 2017 until the end of 2020. The initiative was launched to distribute …
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