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Tag: finance

Posted on 17/02/2021

UAE Managed Security Services Market Size, Share to Exhibit A Robust CAGR Through 2025 – Industry News

The report UAE Managed Security Services Market Size and Analysis maintains enhanced dynamics and is overshadowed by a top player across the globe. The research report provides UAE Managed Security …
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Posted on 17/02/2021

VTB Capital Pre-IPO Fund invests in Whoosh micro-mobility platform

VTB Capital Pre-IPO Fund, a mixed closed-end mutual investment fund, has invested in the Whoosh electric kick scooter sharing service.
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Posted on 17/02/2021

Dubai property stocks turn attractive again

Dubai: Dubai stocks bounced back with blue-chip property stocks leading the gains whereas other Gulf markets offered mixed signals in line with their global counterparts. Dubai Financial Market traded …
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Posted on 17/02/2021

UAE banks return Dhs14.47bn received from Central Bank’s TESS initiative

UAE national banks have returned close to Dhs14.47bn from the stimulus they garnered from the country’s central bank to combat the fallout of the Covid-19 pandemic, statistics have revealed. A …
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Posted on 17/02/2021

Dubai Islamic Bank Full Year 2020 Group Financial Results

Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE and the second largest Islamic bank in the world, today announced its results for the period ending December 31, 2020. Prudent …
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Posted on 16/02/2021

Dubai’s biggest bank makes major move into insurance with MetLife deal

Dubai’s largest bank Emirates NBD has announced a big move into the sale of insurance products after partnering with New York-based giant MetLife. . The move comes as MetLife research shows that 60 …
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Posted on 16/02/2021

Aafaq Islamic Finance Introduces ‘Osool’ To Empower Emirati SME Owners

Aafaq Islamic Finance, the leading Islamic Finance Company for individuals and companies in the UAE, in partnership with Dubai SME, the agency of Dubai …
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Posted on 16/02/2021

Saudi Arabia Adds Pressure On Firms To Move To Riyadh, Challenges Dubai

Saudi Arabia is increasing pressure on international firms to shift their Middle East hubs to the kingdom, posing a direct challenge to neighboring Dubai as a regional rivalry heats up.
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Posted on 16/02/2021

FG seeks fruitful synergy in Nigeria-UAE relations for economic benefits

The Federal Government has called for robust collaboration with the United Arab Emirates (UAE) in strengthening existing bilateral relations between the two countries. Minister of State, Finance, …
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Posted on 15/02/2021

Why millennials are likely to drive growth in global Islamic finance

Young Muslims want to know that their money is doing good in the world, says Islamic finance expert The future of global Islamic finance belongs to the “young and the bold” who want to make an impact …
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Posted on 15/02/2021

Experts offer guidance for businesses on UAE economic substance regulations

Dubai Chamber webinar, organised in cooperation with Al Tamimi & Co., examined latest developments and provided guidance with respect to the economic substance regime.
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Posted on 15/02/2021

Omdia recognizes Comviva’s mobiquity® Banking Suite as a key Digital Banking Platform

Omdia, formerly Ovum, one of the world’s leading research and consultancy company, has featured Comviva’s mobiquity® Banking Suite as one …
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Posted on 15/02/2021

Sara Al Madani wants to be part of the UAE Covid solution

As a proud UAE national, award-winning entrepreneur, public speaker and recognised local personality, Sara Al Madani wields more influence than most (just don’t call her an ‘influencer’. More on that …
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Posted on 15/02/2021

Dubai Airport Boss Warns Tough Year Ahead After 2020 Passenger Numbers Slide 70%

Dubai Airports’ chief executive warned on Monday it would be another tough year for the Middle East’s busiest hub, Dubai International, after passenger numbers slid 70% in 2020. The airport, the base …
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Posted on 15/02/2021

With IPO Plans For Later This Year, Policybazaar Set To Raise $70 Million From Abu Dhabi Based Firm

Gurugram based unicorn Policybazaar’s valuation is likely to surge significantly with Abu Dhabi based investment firm ADQ set to invest $70 million in the online insurance aggregator platform business …
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Posted on 15/02/2021

UAE’s Hope probe sends back first image of the Red Planet after entering the orbit

The UAE’s “Hope” probe sent back its first image of Mars, the national space agency said Sunday, days after the spacecraft successfully entered the Red Planet’s orbit. The picture “captured the …
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Posted on 14/02/2021

Sales Executive, Receptionists top hires in UAE

Receptionist (19%), and Sales Manager (17%) emerged as the top roles that UAE employers are hiring for in the coming quarter in a survey conducted recently by Bayt.com, the Middle East’s top job site, …
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