“Dubai’s cheap stocks are for those prepared … U.A.E. stocks are concentrated in industries including finance and have little exposure to other sectors such as technology, which trade …
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Rally on UAE bourses loses steam
The Dubai Financial Market general index closed 0.16 per cent lower at 2,846.07. The Dubai index has gained 4.28 per cent in three of the past four session, and accumulated 8 per cent gains since …
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Dubai and India to enhance financial collaboration
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has undertaken a successful mission to the state of …
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SABIC weighs on Saudi index, banks help lift Dubai
Dubai’s index rose 0.1%, helped by 0.4% gains in both Emirates NBD, the emirate’s biggest lender, and Dubai Islamic Bank. (Reporting by Alexander Cornwell; Editing by Susan Fenton) …
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UAE families can save cord blood free of cost
Cryo Save Arabia’s stem cell bank’s free cord blood/ stem cell storage programme is open to all Dubai expats with children diagnosed with specific medical conditions. Image Credit: Supplied …
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Duo swindle Dh6.5 million from bank customers in Dubai
A bank manager and an investor have been charged at the Dubai Court of First Instance with fraud and forgery after they allegedly swindled two bank customers of Dh 6.5 million. The court heard how the …
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US sanctions put chill on Iranian trade with UAE
The United Arab Emirates projects that its trade with Iran will plummet by half this year as the Middle East’s business and finance hub is buffeted by the impact of swinging US sanctions on the …
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UAE partners with 3 Chinese financial institutions
Etihad Credit Insurance (ECI), the UAE federal credit insurance company has signed strategic agreements with China Export and Credit Insurance Corporation (Sinosure ), Industrial and Commercial Bank …
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Dubai Islamic Bank set to acquire Noor Bank
Dubai Islamic Bank (DIB), the UAE’s first and largest Islamic lender, said, is set to acquire Noor Bank, enhancing Dubai’s position as the capital of Islamic economy and creating the region’s most …
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Dubai’s Noor Bank first-half net profit surges 29% to Dh410m
Dubai’s Noor Bank, a Sharia-compliant lender being acquired by its larger rival Dubai Islamic Bank, reported a 29 per cent rise in its first half-net profit as revenues rose and expenses fell. Net …
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Noor Bank reports Dh410 million H1 2019 net profit
Noor Bank’s revenue rose by seven per cent in H1 2019, with contributions from income via net financing and investments as well as non-funded income. Image Credit: Clint Egbert/Gulf News Dubai …
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Dubai focuses on senior management in Abraaj probe – News |
said a senior official of Dubai Financial Services Authority (DFSA). Bryan Stirewalt, chief executive officer of DFSA, said the supervision and enforcement teams devoted considerable time and …
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Dubai focuses on senior management in Abraaj probe
said a senior official of Dubai Financial Services Authority (DFSA). Bryan Stirewalt, chief executive officer of DFSA, said the supervision and enforcement teams devoted considerable time and effort …
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Dubai Financial Regulator to Focus on Abraaj Management in Probe
The Dubai Financial Services Authority said its investigation into the collapsed Abraaj Group is focusing on the buyout firm’s senior management and people who failed to report irregularities. “We …
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Dubai’s Real Estate Slump Catches Up With the City’s Finance Hub
Walk into the latest expansion of Dubai’s financial district and you’ll see a handful of small art galleries, some upscale men’s tailors and plenty of retail space waiting for takers. The Dubai …
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UBF brings all 52 member banks together to underpin UAE government’s Emiratisation agenda
UBF’s quarterly CEOs Advisory Council meeting was held yesterday and Chaired by H.E. AbdulAziz Al Ghurair, and witnessed the banking industry collectively collaborate to accelerate efforts to further …
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U.S. hedge fund holds talks with Dubai-based Bin Zayed Group over £300m Newcastle FC purchase – This is Money
Some local news is curated – Original might have been posted at a different date/ time! Click the source link for details. …
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