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Tag: finance

Posted on 14/09/2020

DIFC, DFF join forces to drive future of finance

The Dubai International Financial Centre is a leading global financial center in the MEASA region, and is now home to more than 200 fintech companies. Short Url https://arab.news/r6jsy Dubai …
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Posted on 14/09/2020

Dubai International Financial Centre to Continue Working with Local Organizations on Fintech Projects

The Dubai International Financial Centre (DIFC), which serves as an global financial hub in the MENA and South Asia region, has signed a Memorandum of Understanding (MoU) with the Dubai Future …
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Posted on 14/09/2020

Open banking: DAPI’s open letter to the UAE Bank Federation Advisory Council

An open letter on open banking, a framework for responsible innovation for banks and the fintech community in the UAE Members of …
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Posted on 13/09/2020

Saudi Arabia’s BinDawood Holding sets IPO price range, aims to raise up to 2.2b riyals

The company plans to offer 22.86 million existing shares at an indicative pricing of between 84 riyals to 96 riyals per share in the planned IPO, according to a regulatory filing on Sunday. It will …
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Posted on 13/09/2020

Saudi Arabia’s BinDawood Holding sets IPO price range, aims to raise up to $585mln

Saudi Arabian supermarket retailer BinDawood Holding set an indicative price for its initial public offering, seeking to raise as much as 2.19 billion riyals ($585 million) in a Riyadh listing. The …
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Posted on 13/09/2020

Mideast Stocks – UAE bourses ease in early trade; other major markets gain

Stock markets in the United Arab Emirates fell in early trade on Sunday amid a resurgence in new coronavirus cases, while other major Gulf markets traded higher. On Saturday, the United Arab Emirates …
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Posted on 13/09/2020

Saudi Arabia’s BinDawood Holding sets IPO price range, aims to raise up to 2.2 bln riyals

Saudi Arabian supermarket retailer BinDawood Holding set an indicative price for its initial public offering, seeking to raise as much as 2.19 billion riyals ($585 million) in a Riyadh listing.
( read original story …)


Posted on 13/09/2020

Dubai International Financial Centre and Dubai Future Foundation Collaborate To Make the Emirate a Leading City of the Future

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has reaffirme …
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Posted on 13/09/2020

Open banking: DAPI’s open letter to the UAE Advisory Council

An open letter on open banking, a framework for responsible innovation for banks and the fintech community in the UAE Members of …
( read original story …)


Posted on 13/09/2020

Finding ways to connect with UAE’s unbanked

Digital payment solutions, despite the widespread reach of high-speed internet, have not had it easy, primarily because a large number of this consumer demographic remains unbanked. Image Credit: …
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Posted on 13/09/2020

UAE: Indian honoured for returning bag containing USD 14,000, gold

An Indian residing in Dubai was honoured by the police or returning a bag containing USD 14,000 and gold, a media report said on Saturday. Retesh James Gupta, returned a bag to the police contained …
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Posted on 13/09/2020

Tristar Group defies pandemic, confident of promising outlook

Tristar Group sees a promising outlook despite the coronavirus pandemic and a slowdown in the global economy, and says the group has a “resilient business model” built on long-term contracts, its top …
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Posted on 12/09/2020

IPO rush is mix of carrot and stick

The opinions expressed are their own.) SAN FRANCISCO/NEW YORK – T he rush of companies looking to go public won’t last much longer. The amount raised in U.S. initial public offerings is at its highest …
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Posted on 12/09/2020

Special: UAE makes the switch to digital payments

Presented by Khaleej Times, the event brought together experts from various fields to highlight the changing nature of consumer preferences and their payments options. Ali Allawala, head of Retail …
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Posted on 12/09/2020

United Arab Emirates $2.04 Billion Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics 2015-2019 & 2020-2024

Dublin, Sept. 11, 2020 (GLOBE NEWSWIRE) — The “United Arab Emirates Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) – Market Size and Forecast (2015-2024 …
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Posted on 11/09/2020

The haters won’t admit it, but Trump’s UAE-Israel diplomacy is an extraordinary triumph

Trump, assisted by his advisers, has fundamentally reworked the alliances and conflicts of the Middle East in less than four years.
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Posted on 11/09/2020

UAE’s Breach of OPEC Output Pact Shakes Oil Traders’ Faith

Just when OPEC seemed to have finally mastered the long-running problem of members breaching their oil-output targets, a new offender is emerging.The United Arab Emirates — traditionally a loyal …
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