Tag: finance

Younis Al Khoori confirmed that the UAE is committed to participating in the realisation of economic development, financial sustainability and economic diversity through adopting new innovative …
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“Finance House is proud to be the first Financial Institution in the UAE to offer Loan Top-up facilities to customers through SMS,” added Al Amir Gamal. Finance House’s Digital Transformation strategy …
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Abu Dhabi Commercial Bank (ADCB) has merged with Union National Bank (UNB) and the merged entity has acquired Al Hilal Bank, forming the ADCB Group with effect from Wednesday. The ADCB Group, serving …
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LONDON. ADNOC is the Middle East’s most valuable brand, with its brand valued at US$8.9 billion, according to the latest report by Brand Finance, the world’s leading independent brand valuation …
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Dubai Financial Market (DFM) Company has announced a net profit of AED28.1 million ($7.65 million) for the first quarter of 2019, a 43 percent decrease compared to the year-earlier period. The company …
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A decade ago the most opulent conference of the season in Dubai was always the Hedge Funds World Middle East event, with – at its peak – almost a thousand high-rolling delegates to be feted and …
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DUBAI (Reuters) – Saudi Arabian mall operator Arabian Centres Co could raise up to $836 million at the top end of the price range for its initial public offering (IPO), the sale prospectus showed on …
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The Initial Public Offering (IPO) market in Dubai is likely to see a rebound this year after a long period of lull, and analysts say the ability of companies to attract liquidity in the primary …
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DUBAI, 25th April, 2019 (WAM) — A UAE delegation, headed by Obaid Humaid Al Tayer, Minister of State for Financial Affairs, participated on Thursday in the joint annual meeting of Arab Financial …
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Dubai: A UAE delegation, headed by H.E. Obaid Humaid Al Tayer, Minister of State for Financial Affairs, participated in the joint annual meeting of Arab Financial Institutions, and the meeting of the …
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Dubai, UAE, 23 April 2019: The Dubai Financial Services Authority (DFSA) has imposed restrictions on David Barnett and Christopher Steer following an investigation into their conduct while working …
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Total income reaches AED 3.4 billion, up by 26% YoY. Net Profit increases to AED 1.3 billion, up by 12% YoY. Dubai, April 23, 2019: Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the …
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Saudi Arabia and the United Arab Emirates announced on Sunday $3 billion of financial support in the form of $500 million in central bank deposits and a promised $2.5 billion in humanitarian support, …
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We have made great progress in our efforts to boost innovation and raise the profile of the UAE banking industry, and we are confident we will keep the momentum going as we move forward,” said …
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UAE Banks Federation (UBF) held yesterday (April 22nd, 2019) its Ordinary Annual General Assembly Meeting, at the Head Office of Commercial Bank of Dubai. The meeting was chaired by H.E. AbdulAziz Al …
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“Global market optimism is returning as reflected by the positive index performances as well as increasing trade volumes in the UAE financial markets since the start of the year,” he added. Dubai …
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(Bloomberg) — Dubai Islamic Bank PJSC, the United Arab Emirates’ biggest … three weeks,’ it said in a statement to the stock market. The Middle East’s financial services industry is witnessing a …
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