Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, said the historic peace accord signed between the UAE and Israel, supported by American efforts, has …
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Why the IPO of Siemens Energy matters to the future of energy markets
The biggest move was the IPO of its medical devices’ entity, Siemens Healthineers AG, which was the largest in Germany during the last four years and where the company still retains a 79 percent …
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IPO market is headed for busiest third quarter since the dot-com years — and there’s lots more to come
Palantir Technologies and Asana are expected to go public on Wednesday via direct listings The U.S. initial public offering market is expected to see 11 deals and two direct listings this week, adding …
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UAE, Israeli ministers discuss energy, technology cooperation
DUBAI (Reuters) – The United Arab Emirates’ minister of state for industry and advanced technology and head of state-run Abu Dhabi National Oil Company (ADNOC) met the Israeli ministers of Energy and …
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Mozambique: What Is The Role Of The UAE In Mozambique?
United Arab Emirates (UAE) has become a major, if extremely obscure, player in Mozambique, and little is known about its role in Cabo Delgado. It has also been in the news recently, in ways that link …
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The Latest: UAE defends decision to normalize Israel ties
The Latest from the U.N. General Assembly (all times local): 10:25 a.m. The United Arab Emirates has defended its decision to normalize ties with Israel and criticized interference in Arab affairs, an …
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Fintech Professional Claims that Digitization of the UAE Economy is Being Led by Individual Consumers, Not Service Providers
Fintech professional claims that digitization of the UAE economy is being led by individual consumers, not service providers.
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Open Banking set to transform finance in the GCC
Gulf Business talks to Wissam Khoury, SVP and general manager APAC and MEA, Finastra, on the state of Open Banking in the GCC …
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Dubai Islamic Economy Development Centre hosts webinar on Sukuk market
The Dubai Islamic Economy Development Centre (DIEDC), in collaboration with the Dubai Chamber of Commerce and Industry (Dubai Chamber) and in strategic partnership with Refinitiv, hosted the fourth …
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Back To Business: What UAE Merchants Should Stop Doing Now (And Beyond) The COVID-19 Crisis
Visa’s global Back to Business study, which assessed the financial impact of COVID-19 on small and micro businesses (SMBs) worldwide, found that nine out of every 10 consumers in the UAE have changed …
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UTI AMC IPO to open on September 29: Here are 10 key things to know
UTI Asset Management Company is going to open its initial public offering on September 29. The anchor book will open for subscription for a day on September 28 and the issue will close on October 1.
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UAE: Who benefits the most from low interest rate – borrowers or savers?
The Central Bank of the United Arab Emirates lowered its benchmark interest rate by 50 basis points to 1.50 per cent in March this year, but how has this impacted borrowers …
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UAE private bank deposits rise by $4.2mln in 3 months amid COVID-19 uncertainty
A record 15.6 billion UAE dirhams ($4.2 million) increase in cash landed the non-government deposit accounts of banks across the country over the last few months, according to the latest official data …
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The 11 most important things in the leaked FinCEN files, which exposed $2 trillion in suspicious transactions and are roiling the world of finance
Thousands of leaked documents shared with journalists have shown how some of the world’s biggest banks for years facilitated the movement of dirty money.
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Sports and entertainment are holding back the surge of deglobalisation
The notion of a flat world in which goods and services move seamlessly faces daily assaults from potentially destructive conflicts. In the face of such gloom, it is heartening to see that sports and …
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UAE- DIFC FinTech Hive’s Accelerator Programme to Advance the Role of Women in Financial Services
A female-focused career mentorship accelerator programme to empower women in financial services • 14 young women starting their careers within financial services selected for the programme • Mentees …
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UAE national banks’ total assets reached Dhs2.8 trillion in July
The total value of national banks’ assets rose by around 0.7 per cent on a monthly basis in July to Dhs2.8 trillion, up from Dhs2.78 trillion by the end of June 2020.
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