Tag: finance

Sheikh Hamdan bin Rashid Al Maktoum, Minister of Finance and Governor of the Islamic Development Bank for the United Arab Emirates, on May 6, announced the launch of a new initiative to create a …
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The UAE has launched an initiative to create a unified global legal and legislative framework for the Islamic finance sector that will enable the Islamic economy to expand its reach and implement …
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Muscat: The Oman crude for July delivery was traded at Dubai Mercantile Exchange for $30.05 per barrel … Reflecting hopes that the oil industry may have passed the worst of coronavirus-induced …
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The free app is a combination of the Stay Home and Trace Covid apps previously launched by the Department of Health An app has been launched by the Departments of Health in Abu Dhabi and Dubai to …
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Dubai International Capital, the state-backed investment fund, is set to buy a 9.9 per cent stake in Och-Ziff Capital Management, the American hedge fund. Och-Ziff yesterday agreed to sell the …
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Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and Governor of the Islamic Development Bank for the United Arab Emirates, announced the launch of the new initiative …
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Dubai property developer Nakheel has slashed salaries by as much as 50% as it tries to weather the coronavirus crisis, according to an internal email seen by Reuters, and its chief executive resigned …
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Cairo – Mubasher: The Egyptian Exchange (EGX) raised $2.2 billion from 23 initial public offerings (IPO) over the last decade, PwC said in its latest report: “Africa Capital Markets Watch 2019.” …
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I paid an annual fee of Dh1,500 but the bank blocked my credit card for no reason…” Dubai: Foreign investors remain squeamish about taking an exposure in UAE stocks, with March seeing a record …
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The UAE’s banking sector remains strong and resilient despite several challenges posed by global economic developments last year, according to the 2019 annual report of the Central Bank of UAE (CBUAE) …
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The strength and resilience of the banking sector will be tested, and the CBUAE shall continue to play its role in terms of guiding the banking sector through this period, with …
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The seasonally adjusted IHS Markit UAE Purchasing Managers’ Index (PMI), which covers manufacturing and services, fell to 44.1 in April from 45.2 in March. The 50.0 mark separates expansion from …
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IMA® (Institute of Management Accountants), is celebrating International Management Accounting Day on May 6, 2020. This initiative aims to honor members of the management accounting community for …
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The overall real GDP of UAE is estimated to have grown by 1.7 per cent in 2019, according to the Central Bank of the UAE. “The UAE hydrocarbon sector is estimated to have exhibited a growth of 3.4 per …
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Move piles further pressure on EY, whose audit of Thomas Cook is also being investigated …
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It is the first cash dividend since Salama’s IPO. Salama posted a net profit attributable to shareholders of 54.7 million UAE dirhams ($14.9 million) in 2019, compared to 2 million UAE dirhams in 2018 …
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Tasjeel is launching a dedicated UAE premium domain name marketplace. The new platform will allow buyers to purchase premium domain names that are already registered. This will make it easier for …
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