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Tag: finance

Posted on 15/12/2020

Dubai’s property market takes another shot at ‘crowdfunding’ and spending Dh5,000 to ‘own’ a home

Dubai’s property market is finally ready to ditch those old concepts of ownership. Investors and developers are now veering towards allowing multiple investors to take up part-ownership in a property …
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Posted on 15/12/2020

4 top UAE FinTechs disrupting the payments industry

The United Arab Emirates’ (UAE) payments space has witnessed a lot of investments within the FinTech sector. The country is amongst the fastest emerging FinTech gateway to nearby markets and the …
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Posted on 15/12/2020

UAE-Israel Business Leaders Summit: UAE, Israel trade gains will be based on identifying right opportunities

Register for the summit Speaking at the first virtual UAE-Israel Business Leaders Summit, co-hosted by Gulf News and TheMarker, Samer Haj-Yehia, Chairman of Bank Leumi, said: “The wealth of each …
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Posted on 15/12/2020

46pc of UAE economic recovery package completed

About 46% progress has been achieved in implementing the 15 initiatives of the first phase of the economic recovery programmme initiated by the UAE government in the emirates. Major initiatives that …
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Posted on 14/12/2020

Kuwait names new oil and finance ministers in cabinet approved by new emir

Kuwait’s emir on Monday approved the formation of a new cabinet that included new ministers of oil and finance for the OPEC member state, the government communications office said, following a …
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Posted on 14/12/2020

UAE- Ogilvy Appoints New Global Finance & People Leadership

Ogilvy today announced new members of its global leadership team with the appointments of Stacey Ryan-Cornelius as Global Chief Financial Officer and Jag Dhanji as Global Chief People Officer.
…
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Posted on 14/12/2020

Expo 2020: Dubai’s new megacity takes shape, but tourists aren’t guaranteed

Organizers expect 25 million visitors to attend over the course of the six-month event, despite concerns about the pandemic’s impact on travel and tourism.
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Posted on 14/12/2020

EXCLUSIVE-Abu Dhabi’s Mubadala reviews equities fund in investment shake-up – sources

Abu Dhabi state investor Mubadala is considering options including the spin-out of an internally managed $500 million public equities fund after a weak performance, two sources said, as the emirate …
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Posted on 14/12/2020

UAE, Israel export credit agencies ink trade cooperation deal

In a landmark agreement, the export credit agencies of UAE and Israel have signed a cooperation agreement to develop economic relations between the two countries, broadening the export financing …
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Posted on 14/12/2020

How to teach kids in the UAE about money

Finances are the number one concern for most adults and it’s because most adults were never taught about money – not at school, and not at home (usually). So, most adults learn about money through …
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Posted on 14/12/2020

A cashless society in the UAE cannot happen without financial inclusion

Anouar Bourakkadi Idrissi is the CEO of Edenred UAE At the onset of 2020, implementation of the wide-scale lockdown and …
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Posted on 13/12/2020

Two Africans jailed for robbing bank customer of Dhs60,000 in Dubai

Two African men, aged 28 and 33, were apprehended and referred to criminal court for mugging a man of Dhs60,000 in Dubai. Details of the incident indicate that the defendants used to target bank …
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Posted on 13/12/2020

Israel’s Bank Hapoalim sees huge opportunities for UAE – Israel banking cooperation

The normalisation of relations between the UAE and Israel has opened huge opportunities for businesses and financial institutions from both countries to cooperate, Dov Kotler, CEO of Bank Hapoalim …
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Posted on 13/12/2020

Emirates Islamic supports UAE businesses with global digital banking platform – ‘businessONLINE’

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched “businessONLINE” a digital business banking platform, to help businesses in the UAE manage all their …
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Posted on 12/12/2020

Schoolvoice teams up with “payit” to equip UAE schools with a fully-fledged digital payment solution

Abu Dhabi, UAE: Schoolvoice, an ed-tech digital platform designed for schools to optimize communication and engagement within their community, has signed a Memorandum of Understan …
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Posted on 12/12/2020

UAE Looks to Domestic Tourism, Desert Winter to Boost Revenue

The United Arab Emirates started a campaign to encourage local tourism and promote its desert winters, as it looks to recover from the impact of the pandemic. “The Most Beautiful Winter in the World” …
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Posted on 12/12/2020

UAE jails 6 expats, issues fines up to Dh160 million for money laundering

The Criminal Court has convicted six expats, and two companies owned by one of the accused, for committing money laundering by conducting suspicious banking transactions …
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