Tag: finance

The UAE Food Bank is one of the Mohammed bin Rashid Al Maktoum Global Initiatives and was launched in 2017 under the leadership of Sheikha Hind bint Maktoum bin Juma Al Maktoum. The UAE Food Bank has …
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Arqaam was set up by former Barclays Capital banker Riad Meliti in 2007 to focus on investment banking in emerging markets. The company has offices in in Dubai, Cairo as well as Johannesburg, and its …
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The digital wallet is listed in a number of national banks and financial institutions, allowing customers to feed it with credit from their bank accounts. The Dubai’s Department of Finance (DOF), in …
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The UAE Central Bank located on the Baynoonah street in Abu Dhabi. Image Credit: Gulf News archives Dubai: Credit growth in the UAE is expected to pick up momentum in the second quarter of this …
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Yes, say three UAE expats. Here’s a look at how they found themselves in huge debts, but successfully rose back to financial stability. ‘I bought many things that I didn’t really need…’
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UAE-based Udrive, the app-based pay-per-minute car rental service, has announced a $5 million Series B round of funding. Founded in 2017, the start-up said it has undergone one previous round of …
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To ensure the optimal application of federal laws and to strengthen the commitment of national institutions to international best practices, the Financial Restructuring Committee organised a workshop …
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Abu Dhabi-based Gulf Capital has announced that it has successfully closed a new long-term AED500 million ($136 million) syndicated revolving credit facility. The alternative asset management firm …
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Dubai Investments said in a filing to the Dubai Financial Market, where its shares are traded, on Sunday. Profit for the first quarter of 2018 included a gain of Dh333m attributed to the acquisition …
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Dubai – Mubasher: Dubai Investments Company (DIC) reported a 44% year-on-year drop in its profits for the first quarter of 2019. Net profits amounted to AED 202 million in Q1-19, compared to AED 361.9 …
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Sarwa is the first fintech to receive and graduate from the Dubai Financial Services Authority’s Fintech Innovation Testing License. The firm was founded in 2017 after being accepted in the DIFC …
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Dubai: Noor Bank has announced net profit of Dh217 million for the first quarter of 2019, an increase of 8 per cent over the same period last year and 220 per cent on the last quarter. The bank …
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According to the resolution, relevant government entities are tasked with preparing lists for fees and fines that can be paid in installments and submitting them to Dubai’s Department of Finance …
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DUBAI, 2nd May, 2019 (WAM) — More than ten finance and investment deals and partnerships have been struck between young Arab entrepreneurs and investors during the second Arab Youth Startup …
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Tristar, a subsidiary of Kuwaiti logistics firm Agility Public Warehousing, is headquartered in the United Arab Emirates and operates in 20 countries. Middle East logistics firm Tristar Group has …
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UAE Ministry of Finance signs a Memorandum of Understanding (MoU) with both; Abu Dhabi Global Market (ADGM) and the International Bank for Reconstruction and Development (IBRD) early today. UAE …
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(MENAFN – Khaleej Times) The third largest banking giant in the UAE with Dh423 billion in assets came into being on Wednesday following the merger of Abu Dhabi Commercial Bank, Union National Bank …
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