Tag: finance

the UAE is well on its way to achieving its goal of a future where the use of AVs becomes mainstream on its roads,” said Ravi Suri, Partner, Global Head of Infrastructure Finance, KPMG Lower Gulf. As …
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Dubai, the Middle East’s trade and tourism hub … featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. Investing for Retirement …
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Dubai-based digital real estate platform Nomad … The company is building a managed marketplace for users to search, transact, and finance residential real estate. Nomad aims to help its …
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Founders Nitin Michael and Hasnaa Descuns announce the launch of their new content production and distribution agency which will partner with top digital platforms and linear broadcasters in APAC, Afr …
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As things stand now, no developer signs SPAs based on Bitcoin. It is a lot to do with accepting the process and the channel in which the payment can be made to developers. “It is still very limited… …
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The report covers macro-financial conditions, regulatory developments, assessments of the banking and finance sector, as well as assessments of payment systems, capital markets and the insurance …
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The United Arab Emirates Central Bank said on Tuesday the country’s banking sector can withstand any scale of shock as banks are well capitalised, despite forecasting a deterioration of credit metrics …
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UAE banking sector is able to withstand macro-financial shocks of any size, says UAE Central Bak. (WAM) The United Arab Emirates Central Bank said on Tuesday the country’s banking sector can withstand …
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Stress tests demonstrate the country’s banking system is ‘resilient’, with liquidity buffers well above regulatory requirements …
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The facility is a first step towards implementing the new Dirham Monetary Framework announced earlier this year …
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A new facility allowing banks in the UAE to deposit surplus liquidity on an overnight basis is to be launched from July 12. The Central Bank of the UAE (CBUAE) is behind the Overnight Deposit Facility …
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The blue-chip index .EGX30 in Egypt slipped 0.3%, ending three sessions of gains, hurt by a 3.8% decline in tobacco monopoly Eastern Company EAST.CA. Saudi Arabia’s benchmark index .TASI edged up 0.1% …
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Abu Dhabi National Energy Company (TAQA) has agreed financing for the UAE’s largest gas-fired power plant which is expected to cost approximately 4.2 billion dirhams ($1.14 billion), the company …
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In a decision announced by Sheikh Mohammed bin Rashid, companies including Federal Electricity and Water Authority and Emirates Real Estate Corporation are now attached to the Emirates Investment Auth …
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Amlak Finance has announced a newly formed partnership with Dubai Land Department (DLD), which aims at allowing customers to invest in …
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The International Renewable Energy Agency (IRENA) and global financial centre Abu Dhabi Global Market (ADGM) have signed a memorandum of understanding (MoU) to jointly commit to progressing …
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Saudi Arabia’s Nahdi Medical Co, the largest pharmacy retail chain in the kingdom, is weighing an initial public offering (IPO) and has begun early talks with potential advisors, two sources familiar …
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