Tag: finance

Dubai – Mubasher: Dubai Islamic Bank (DIB) has adopted a new digital strategy that will serve its customers and operational capabilities. The new plan is to help the UAE’s largest Islamic lender addre…
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First Abu Dhabi Bank, Dubai Islamic Bank, RAKBANK, Al Hilal Bank, Union National Bank, Noor Bank, Emirates Islamic, Commercial Bank of Dubai, Sharjah Islamic Bank, and Arab Bank for Investment …
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The Dubai Free Zones Council is working with various government and financial entities to assign economic goals to various areas of the region, aimed at boosting Dubai’s non-oil sector, it said in a s…
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21 February 2019, Sweetcrude, London — Exergy Capital, an advanced energy investment firm, and Dalma Capital Management, a prominent alternative investment fund accelerator in the Dubai International …
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Subsequently, the news was posted by multiple real estate-related accounts on Twitter, including UAE-based Premier Estates. Recently, Japan’s financial regulator, the Financial Services Agency …
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The net profits of insurers listed on the DFM and the ADX went up 6.4% year-to-year to AED 1.4 billion last year Dubai – Mubasher:The UAE’s insurance sector has seen a profitable year during 2018, rep…
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“The Dubai economy is now being led by trade, logistics and finance. Dubai plans to make its business-friendly environment even friendlier to multinational companies in the future by expanding free zo…
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The UAE economy, and the banking sector in particular, remained resilient in 2018, despite a challenging environment across global markets, said Sheikh Ahmed bin Saeed Al Maktoum, Chairman, Emirates N…
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(c) Al Nisr Publishing LLC 2019. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers 02/17 EMIRATES NBD BANK: ranked UAE’s top bankin…
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Dubai: The UAE Central Bank monthly bulletin for the month of January showed an increase in both money in circulation and long-term deposits. However, short-term deposits decreased when compared …
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Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed an agreement with Standard Chartered Bank to provide seamless access to trade credit solutions and funding for UAE busi…
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Also, I read that it’s illegal for banks in the UAE to ask for security cheques from customers against credit cards and loans. According to the article, these are rules stipulated by the Central Bank …
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As long ago as 2008, the Financial Action Task Force (FATF) reviewed the legal measures the UAE had implemented to counter money laundering and the financing of terrorism. The FATF’s review concluded …
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TradeAssets, the blockchain-powered e-marketplace for trade finance assets, is now live with 25 banks. The first transaction was completed on February 6, and the onboarded banks have now posted trade …
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In Dubai, the index rose 1.5 percent, boosted by banks and real estate stocks. Dubai Islamic Bank gained 1.4 percent. Emaar Properties jumped 3.2 percent, continuing the gains driven by better-than-ex…
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AM Best’s analysis of the preliminary disclosures of the national insurers listed on the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) has shown material improvements in bot…
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Abu Dhabi – Mubasher: Assets of banks operating in the UAE increased 1.2% month-on-month by the end of January, the Central Bank of the UAE said on Tuesday. Lenders’ assets grew to AED 2.913 trillion …
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