Tag: finance

The UAE, represented by the Ministry of Finance (MoF), signed an agreement with Saudi Arabia on the avoidance of double taxation on income and capital and the prevention of tax evasion, at the Saudi …
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FDIs in this sector amounted to nearly 28.4 billion dollars, with total foreign direct investment amounting to 23.8% in the UAE. Financial and insurance activities amounted to 23 billion dollars, with …
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Dubai-based publisher and events organiser … shipbuilding; ship agency; finance and insurance; maritime law; and transportation & logistics. The newsletter, which celebrated the publication …
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Dubai: Emirates NBD customers can now chat bank via WhatsApp as the bank introduces customised services via the WhatsApp Business Solution, a first in the region. Enhancing the bank’s award-winning …
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Dubai: Emirates Islamic has announced the launch of Chat Banking services for customers via WhatsApp, marking a global first in the Islamic banking sector. The bank’s customers will now able to …
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At the same time, hedge funds need to be able to beat the market, Zachary Cefaratti, CEO of Dalma Capital, a Dubai-based hedge fund management company, says. “The primary goal of any hedge fund is to …
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(MENAFN – Khaleej Times) Pakistani banks will soon roll out a host of initiatives for overseas Pakistanis to boost remittances, curb illegal money transfers and ease financial constraints for …
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The UAE has topped the list of countries in the Middle East region with the highest number of financial technology (fintech) startups with the number presently standing at 67, according to a new …
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Image Credit: Reuters Dubai: The banking sector would dominate mergers and acquisitions (M&A) in the Gulf, and in turn control a sizeable chunk of stock market activity, according to executives at …
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(Dubai): AlHuda Centre of Islamic Banking and Economics (CIBE) is going to organize CIS Islamic Banking & Finance Awards at Tashkent, Uzbekistan on May 02, 2019. The awards will be given to the …
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There are opportunities for local and international lenders in the green finance space with the rise in renewables energy capacity deployment, especially in the region’s two biggest economies – Saudi …
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A representative for First Abu Dhabi Bank, known as FAB, said the firm doesn’t comment … newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to …
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Dubai: First Abu Dhabi Bank (FAB) has strongly denied it is merging with Abu Dhabi Islamic Bank to create the biggest lender in the Middle East. Quoting anonymous sources, Bloomberg reported that …
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Nicholas Jones, senior manager of banking & financial services recruitment at Robert Walters Dubai, shares his insight: Despite historically having been one of the most immune sectors to technological …
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Saudi Arabia’s stock market marked its ninth session of gains on Thursday, led by banking shares, while Emirates NBD’s deal to buy Turkey’s Denizbank lifted Dubai’s main index. The Saudi index was up …
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First Abu Dhabi Bank, the largest lender in the United Arab Emirates, in a bourse filing said it “strongly denies the report issued by Bloomberg on the potential merger”. “FAB currently has not …
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(Bloomberg) — Dubai’s biggest bank may save as much as $700 million in a deal to buy Turkey’s Denizbank AS after the lira slumped and economic growth stalled since the agreement was announced …
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