I am writing to you regarding a loan application I made with a bank in the UAE. During the application process, I was told by the agent that I could cancel it at any time before I provided my salary …
( read original story …)
UAE Business Leaders Introduce Emirati Startups to Israelis at OurCrowd-Emirates Angels Event
OurCrowd, the world’s largest global venture investing platform and Emirates Angels Investors Association, the leading Emirati angel investment network, today held an online event which gave Israeli …
( read original story …)
UAE economy set for 3.1% growth in 2021: IIF
according to the latest forecast by the Institute of International Finance (IIF). Washington-based IIF said that the UAE is expected to experience a deeper contraction this year than predicted in May.
( read original story …)
UAE economy to record 1.3% growth in 2021 after contracting 6.6% this year, says IMF
Dubai: The UAE economy will have a 1.3 per cent real GDP growth in 2021 following a 6.6 per cent contraction this year, the IMF says in its latest World Economic Outlook Report. The IMF’s …
( read original story …)
Dubai Mercantile Exchange signs MOU with Kpler to deliver enhanced market intelligence
Access to data from hundreds of sources including AIS signals, satellite images, logistics and commercial reports …
( read original story …)
UAE economy to grow 3.1 per cent in 2021, says the IIF
Dubai: The UAE’s economic growth is projected … according to the latest forecast by the Institute of International Finance (IIF). The IIF expects a 5 per cent decline in the average GDP …
( read original story …)
Dubai Court holds bank liable in SIM swap fraud case, customer paid Dh5.6 million
Dubai: A judgement in Dubai holding a bank liable in a SIM swap fraud case and ordering it to compensate a customer has become a legal precedent for all cases of a similar nature. After being …
( read original story …)
Dubai Court judgement holding bank liable in SIM swap fraud sets a precedent
A judgement in Dubai holding a bank liable in a SIM swap fraud case and ordering it to compensate a customer has become a legal precedent for all cases of a similar nature. After being announced by …
( read original story …)
My Bank in the UAE Kept Making it Impossible to Sell My Flat
Debt problems are very frustrating when the bank you owe can’t seem to get the account in order to allow you to sell your property.
( read original story …)
UAE plans to issue first federal bonds in Q4 or early 2021: Media report
The United Arab Emirates will likely issue its first federal bonds by the end of the year or in the first quarter of 2021, UAE newspaper Al Roeya said, citing a finance ministry official. The UAE …
( read original story …)
UAE plans first federal bonds in Q4 or early 2021 – Al Roeya paper
The United Arab Emirates will likely issue its first federal bonds by the end of the year or in the first quarter of 2021, UAE newspaper Al Roeya said, citing a finance ministry official. DUBAI, Oct …
( read original story …)
UAE Federal tax Authority introduces new version of eDirham
FTA stresses the necessity for all those registered with the Authority who are eDirham users to prepare to switch to the new version of the eDirham …
( read original story …)
Israeli cabinet approves UAE deal, Netanyahu says will meet its leader
Israel’s cabinet approved a normalisation deal with the United Arab Emirates on Monday and Prime Minister Benjamin Netanyahu said he and Abu Dhabi’s crown prince had spoken and agreed to meet soon.
( read original story …)
HPD LendScape Partners With Emirates Development Bank to Launch New National Supply Chain Finance Platform
HPD LendScape, a leading international secured lending platform vendor, today announces it has partnered with Emirates Development Bank (EDB) to launch UAE’s National Supply Chain Finance (SCF) …
( read original story …)
Emirates Development Bank launches supply chain finance platform to help UAE businesses
Emirates Development Bank launched a National Supply Chain Finance platform on Sunday to help the country’s businesses and SMEs gain easy access to the working capital amid the coronavirus pandemic.
( read original story …)
Saudi’s National Commercial Bank buys Samba in $14.8B deal
Saudi Arabia’s National Commercial Bank said Sunday it will purchase rival lender Samba Financial Group in a deal valued at $14.8 billion, creating what …
( read original story …)
NCB-Samba to merge into Saudi banking heavyweight
RIYADH/DUBAI (Reuters) – Saudi Arabia’s biggest lender National Commercial Bank (NCB) has entered a binding merger agreement with smaller lender Samba Financial Group to create a combined entity with …
( read original story …)