Dubai — AU Small Finance, a brand that continues to play on its strength and bring the underbanked into the banking fold, ensures an extensive bouquet of banking products and services to all segments …
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Trump reveals plan to sell F-35 fighter jets to UAE — but hurdles remain
The Donald Trump administration on Thursday notified Congress of its intent to sell 50 Lockheed Martin F-35 II joint strike fighters to the United Arab Emirates, in a sale that could amount to $10 …
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Sterling Trading Tech Announces Integration With Linear Investments
Sterling Trading Tech (STT), a leader in compliance, risk and infrastructure solutions for equity, options and futures trading, announced today that it completed integration with Linear Investments, a …
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Never share bank details over the phone, cops in UAE warn
The police said fraudsters send such messages, usually via SMS or WhatsApp, to dupe bank customers into sharing their personal data.
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UAE’s Etihad issues $600m sustainability-linked sukuk
UAE’s Etihad Airways has issued a $600m sukuk … Linked financing in global aviation, under a Transition Finance Framework. “By issuing a Sustainability-Linked Sukuk, Etihad is voluntarily …
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Empower successfully concludes participation in the 3D virtual WETEX and Dubai Solar Show 2020
Deputy Ruler of Dubai, Minister of Finance of the UAE and President of DEWA. As a strategic sponsor and key player in the energy and utilities sector, Empower took part in the event, which featured …
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The issue of opening banking [part one]
Following DAPI’s open letter to the UAE Bank Federation Advisory Council penned by co-founder Mohammed Aziz over a month ago, …
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UAE Taxes: Your queries on Economic Substance Regulations (ESR) answered!
A weekly column where readers get their queries answered on Value Added Tax (VAT), Economic Substance Regulations (ESR), Customs and other GCC taxes. This week, queries relating to ESR are answered. a …
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FTI Consulting Expands Corporate Finance & Restructuring Segment in the Middle East with Appointment of New Senior Managing Director
LONDON, Oct. 28, 2020 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Vikas Papriwal as a Senior Managing Director in the firm’s Corporate Finance & …
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Dubai launches new stock market for SMEs
Dubai seeks to open new opportunities for entrepreneurs, to help them expand, attract investors & finance their projects. pic.twitter.com/0jHmciBEQD Nasdaq Dubai is collaborating with government …
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Nasdaq Dubai launches new platform for SMEs to list IPOs
Dubai has launched a new platform to help young businesses and SMEs raise capital by listing an IPO on a dedicated stock exchange called the Nasdaq Dubai Growth Market. The new entity will be …
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Hedge Fund Boss Can Liquidate Some Assets In $2B Tax Suit
Law360, London (October 27, 2020, 1:47 PM GMT) — A hedge fund founder accused of masterminding a $2 billion … Danish authorities and the Crown Prosecution Service have agreed that Sanjay Shah, a …
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Dubai to launch ‘Nasdaq’ market for emerging firms, SMEs
Dubai plans to launch a “Nasdaq Dubai Growth Market” to help emerging companies, and small and medium enterprises (SMEs) attract investors and finance their projects, crown prince of the emirate, …
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UAE keen to enhance coordination and communication with GCC countries: Obaid Al Tayer
Obaid bin Humaid Al Tayer, UAE Minister of State for Financial Affairs, has said that the UAE is keen to enhance coordination and communication with GCC countries with the aim of achieving …
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UAE- FAB reports AE7.3 bn in net profit for first nine months of 2020
First Abu Dhabi Bank, FAB, reported AED2.5 bn for Q3-2020, 4 percent up on Q2, with net profit for the first nine months of 2020 standing at AED7.3 billion, 22 percent lower compared to the same …
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UAE tries to win Indonesia’s tacit approval of new Israeli ties
The United Arab Emirates last week marked two events that reflect its new international pivot — a historic visit by senior officials to Israel, and the renaming of a prominent street in Abu Dhabi …
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‘Open banking’ portal Tarabut Gateway launches in UAE with offices in Abu Dhabi, Dubai
Tarabut Gateway, the operator of an ‘open banking’ platform, has launched operations in the UAE, with offices at Hub71 in Abu Dhabi and DIFC’s Fintech Hive. Tarabut Gateway already has offices in …
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