Tag: finance

ISLAMABAD: The UAE Crown Prince Sheikh Mohammed bin Zayed Al Nahyan will visit Pakistan on Sunday after the two sides finalised the terms and conditions for a USD 6.2 billion assistance package to Isl…
( read original story …)

---

Latest in a series of global collaborations to keep UK and Dubai at the forefront of FinTech Dubai: Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle E…
( read original story …)

---

This year has seen a raft of banking and business regulations sweep across the UAE. There have been new tax laws, changes in Central Bank guidelines, and a general shift in bank compliance criteria. T…
( read original story …)

---

Noor Bank PJSC, which provided a $100 million loan to the collapsed Abraaj Group, won the right to swap the debt for stakes in some of the Dubai-based buyout firm’s funds, according to people with kno…
( read original story …)

---

(MENAFN) The UAE’s banking deposits from January to November last year recorded an 8.4 percent jump, reaching USD42.9 billion compared to the previous year. The boost in the three-six month …
( read original story …)

---

The UAE government’s financial assistance comes as Pakistan is negotiating a USD 8 billion bailout package from the International Monetary Fund (IMF) to overcome a severe balance-of-payments crisis. I…
( read original story …)

---

The package involves $3.2 billion worth of oil supplies on deferred payment, besides a $3 billion cash deposit, the Dawn reported. The UAE Crown Prince Sheikh Mohammed bin Zayed Al Nahyan will visit P…
( read original story …)

---

The aggregate balance of 3-6 month banking deposits amounted to Dh157.8 billion ($42.9 billion) during the first eleven months of 2018, up 8.4 per cent from the end of 2017, according the Central Bank …
( read original story …)

---

The net international reserves in the UAE banking sector hit an all-time high of Dh404.3 billion by the end of November, up 23.1 per cent of Dh76 billion from Dh328.3 billion during the same month in …
( read original story …)

---

“Dubai continues to grapple with over-supply in real estate, sluggish white-collar job growth, high cost of living and tougher enforcement of financial regulation,” said Hasnain Malik, head of equity …
( read original story …)

---

Meanwhile, Dalma Capital, a hedge fund management company in Dubai which currently manages a long-only Saudi equities fund is considering launching a hedge fund focused on Saudi Arabian equities in 20…
( read original story …)

---

Meanwhile, Dalma Capital, a hedge fund management company in Dubai which currently manages a long-only Saudi equities fund is considering launching a hedge fund focused on Saudi Arabian equities in 20…
( read original story …)

---

I lost my job as a call centre executive in Abu Dhabi in February 2017 after my employer forced me to resign. I was earning Dh6,000 in the UAE but I had to return to India where I now only earn 15,000 …
( read original story …)

---

The UAE Central Bank figures, cited by state news agency WAM, show that the value of investments by UAE banks, their subsidiaries and affiliates totalled AED53 billion ($14.4 billion) in the UK. The t…
( read original story …)

---

Dubai was the first Gulf jurisdiction to permit Real Estate Investment Trusts (REITs), which own and manage real estate portfolios, introducing a REITs law in 2006, while Abu Dhabi, Saudi Arabia, Oman …
( read original story …)

---

UAE bank Emirates Islamic has launched cardless cash withdrawal through its mobile banking app. The Dubai-based bank, which has branches in all seven emirates, said customers can initiate the cash wit…
( read original story …)

---

Dubai was the first Gulf jurisdiction to permit Real Estate Investment Trusts (REITs), which own and manage real estate portfolios, introducing a REITs law in 2006, while Abu Dhabi, Saudi Arabia, Oman …
( read original story …)

---