Tag: finance

The Central Bank of the UAE, CBUAE, has issued its guidance to financial institutions on the application of International Financial Reporting Standard 9, IFRS 9. The guidance has been issued after a …
( read original story …)

---

The decisions included: reduction of fees of Registering suppliers in the Federal Supplier Register at MoF and the Ministry of Infrastructure Development by 50 per cent from Dh1,0 …
( read original story …)

---

In addition, MoF cancelled fees for selling tender documents in federal entities. These decisions will boost the national economy and stimulate business environment against coronavirus. A number of …
( read original story …)

---

Morgan Stanley has not been given an advisory role on the potential sale of a stake in Saudi Aramco’s pipeline business, a deal worth over $10 billion, two sources told Reuters.
( read original story …)

---

The World Expo awarding body said on Friday its general assembly had approved a one-year postponement of Expo 2020 Dubai due to difficulties posed by the coronavirus pandemic, and the event would now …
( read original story …)

---

The value of the villa in Palm Jumeirah (Dubai) is worth 20 million Dirhams and money attached in five Swiss bank accounts is worth US dollars 45.5 million, the ED said in a press statement on Friday.
( read original story …)

---

The Dubai Municipality has now encouraged people to use electronic payment methods and avoid using bank notes. “Banknotes are an easy surface for the spread of viruses, avoid using it as much as …
( read original story …)

---

Abu Dhabi state fund Mubadala is in talks with Reliance Industries about investing around $1 billion in the Indian conglomerate’s Jio platforms, three sources told Reuters. Twitter …
( read original story …)

---

Dubai-based fintech startup Jingle Pay is bringing neobanking to the Middle East, starting with its home turf of the UAE.
( read original story …)

---

Abu Dhabi state fund Mubadala is in talks with Reliance Industries about investing around $1 billion in the Indian conglomerate’s Jio platforms, three sources told Reuters. NEW DELHI/DUBAI/HONG KONG, …
( read original story …)

---

The video clip shows a cop interrogating a person suspected of stealing bank account details and defrauding people. The man confesses to stealing bank account and credit card details from people …
( read original story …)

---

Driving Compliance Through Innovation, will be held in partnership with the Dubai International Financial Centre Authority (DIFCA) …
( read original story …)

---

The world has stopped but music hasn’t. That’s the tune Warner Music is singing to investors as it prepares to launch its delayed initial public offering in the next week or so. The label behind Lizzo …
( read original story …)

---

This year’s Forbes Global 2000 list saw the inclusion of 40 companies from the Arab world in the magazine’s ranking of the world’s top 2,000 companies, based on assets, profits, revenues, and market …
( read original story …)

---

The troubled hospital operator, which usually pays salaries by the 25th of every month, said in an internal email to employees on Monday that this month’s payroll processing will commence only on May …
( read original story …)

---

Recently, a committee was formed that includes representatives of the Central Bank of the UAE, the Ministries of Economy, Finance, Youth Affairs and Justice, in addition to the UAE Banks Federation, …
( read original story …)

---

According to information available, the current Pacific Controls management had lodged a complaint with Dubai Police that the finance manager (Narasimhan) and his team fraudulentl …
( read original story …)

---