Tag: finance

Dubai:Emirates NBD, a leading bank in the region, has announced the successful implementation of a digitised payment solution for Dubai Department of Finance (DoF) to achieve full Host-to-Host (H2H) …
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in order to increase the efficiency of financial planning and implementation of the general budget. During the meeting proceedings, the Cabinet also reviewed during the hosting of the meetings of the …
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The recent wave of mergers and acquisitions in the GCC banking sector is losing momentum, however, the UAE – the second biggest Arab economy and home to more than 40 lenders – is still ripe for …
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The Dubai Financial Market (DFM) index inched up 0.2 per cent to end at 2,678.92, a day after it closed at the 50-day moving average. Blue chip Emaar was the most actively traded stock by value …
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LONDON/DUBAI (Reuters) – Investment banks are scrambling to re-pitch … “Bankers previously involved in the IPO are pushing for meetings with Aramco,” one of the sources said. “There is some shifting …
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Digital channels are used more frequently than branches and ATMs across all generations. Digitization is the only way forward for the banking sector and most UAE banks are investing heavily to …
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The Dubai Financial Market (DFM) has a healthy level of initial public offerings (IPOs) in its pipeline and expects its new real estate investment trust (REIT) platform to have promising growth …
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The $13 bln Dubai-listed port operator bought energy shipping company Topaz for $1 bln including debt. The buyer has avoided overpaying by sticking to its guns on the price. And Renaissance Services, …
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Dubai: More than 800 bank fraud cases have been reported in Dubai over the last three years, Dubai Police said on Sunday to drive home the point that UAE customers should be more vigilant and not …
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In Dubai, 22k gold is priced at Dh160.25 and 24k can be bought … Meanwhile, the dollar index gained 0.2 per cent against basket of major currencies. Hedge funds and money managers boosted their …
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A bank in Dubai. The first quarter witnessed a surge in profitability, underpinned by increase in loans and advances, and a stabilised yield on credit. Image Credit: Ahmed Ramzan/Gulf News …
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Dubai: More than 800 bank fraud cases have been reported in Dubai over the last three years, Dubai Police said on Sunday to drive home the point that UAE customers should be more vigilant and not …
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DUBAI (Reuters) – Pakistan signed a $375 million syndicated loan with banks in the United Arab Emirates in June made up of conventional and Islamic banking tranches, the Pakistani government said on …
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He further stated that the Dubai Chamber of Commerce and Industry, as part of the move to deepen relations with Africa, will extended focus on sectors such as financial services, retail, logistics, …
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People, planet and profit make up the trinity of green finance models. A key pillar of the Dubai Clean Energy Strategy was the establishment of the Dh100 billion Dubai Green Fund to facilitate easy, …
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Abu Dhabi Financial Group (ADFG … ADFG already owned 48.36% of Dubai-listed Shuaa, according to Refinitiv data. Shares in Shuaa jumped 5% to 0.095 dirham 0740 GMT, becoming the top gainer …
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DEX received in principle its approval from the Financial Services Regulatory Authority (FSRA … currencies being served as well as local currency pairings native to the UAE/GCC markets. “If one …
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