The financial industry body stresses swift detection and a modern mechanism to combat crime Dubai The UAE’s Foreign Exchange and Remittance Group (FERG) held the third edition of its annual Anti-money …
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Ministry of Finance and Arab Monetary Fund to organise the Arab Regional Tax Forum
Dubai: The Ministry of Finance (MoF) and the Arab Monetary Fund (AMF), in cooperation with the Federal Tax Authority (FTA) and the International Tax and Investment Centre (ITIC), is organising the …
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Abu Dhabi Global Market Forms Strategic Cooperation with Hainan Provincial Government on Financial Development and Growth of Hainan Free Trade Zone
Abu Dhabi, UAE: The Hainan Provincial Government and Abu Dhabi Global Market (ADGM) are pleased to sign a Memorandum of Understanding (MoU) to further boost the economic and financial collaboration …
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Liv. offers banking-meets-lifestyle experience on smartphone
Liv. is the first digital-only bank and the fastest growing bank in the UAE with a special focus on millennial customers, operated and managed by Emirates NBD Group. Established in line with UAE …
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Palmon fund ‘eyeing Dubai industrial, logistics properties’
a renowned hedge fund manager in the Dubai International Financial Centre, to offer an unprecedented opportunity for smaller investors to own income-generating industrial assets across UAE. Group …
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Founders of Dubai Logistics REIT waver on IPO plan
The family behind a Dubai-based real estate investment trust (REIT) focused on the logistics market have changed the structure of the fund and said that they are reconsidering a plan to float it on …
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Deputy ruler opens King’s College Hospital London in Dubai
Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and president of the Dubai Health Authority, has presided over the official opening of King’s College Hospital London …
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Insight Discovery launches Middle East’s first financial advisory aggregator website
UAE. /PRNewswire/ — Insight Discovery, the UAE-based award-winning research, consultancy and communications agency, has announced the launch of its end-to-end financial advisory aggregator website …
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Belarus, UAE to collaborate in developing financial market infrastructure
MINSK, 29 March (BelTA) – Belarus’ Finance Ministry and the Ministry of Finance of the United Arab Emirates have signed a memorandum of understanding that provides for cooperation in financial …
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UAE Banks Federation reviews 2018 key plans, achievements
Presided over by AbdulAziz Al Ghurair, Chairman of UAE Banks Federation, the meeting involved discussions around the latest themes in the local and global banking sector, including innovation, …
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UAE’s GDP set to expand 3.5% this year: Dubai Customs
Finance and Administration Division, and Edris Behzad, Director of Client Happiness Department and the Council’s rapporteur. Dubai Customs has recently hit a record by scoring 97.49 percent on Smart …
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India’s Federal Bank to offer blockchain based remittance solutions to NRIs
Dubai: Federal Bank, an Indian private sector bank, on Thursday launched two technology based remittance variants in the UAE enabled through partner exchange houses and banks for making remittance …
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India’s IL&FS to sell overseas stakes, including UAE
ITNL Infrastructure Developer LLC, another subsidiary of IL&FS, has been implementing a project of the Dubai Supreme Court Project, the first Private Finance Initiative Project in the transport …
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Dubai’s 950MW solar park Phase IV reaches financial close
Mott MacDonald, a leading engineering, management and development consultancy, said the 950MW Mohammed bin Rashid Al Maktoum solar park Phase IV, the world’s largest dispatchable solar energy project, …
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Enhancing the quality and efficiency of financial planning in the UAE
What are the developments related to restructuring the federal budget procedures and applying zero-based budgeting (ZBB)? The most significant developments related to restructuring of the federal …
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Dubai’s Long-Awaited Stats Showed Weakest Economy Since 2010
“The weakening in economic activity was already being seen in a number of proxy indicators,” said Monica Malik, chief economist at Abu Dhabi Commercial Bank. “Looking forward to 2019, we believe that …
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Board of Directors of UAE Banks Federation approves priorities and strategic plan for the year ahead
Despite regional and global volatility and uncertainty, UAE’s GDP is projected to grow at 3.5% this year, while the local banking sector, marking sufficient liquidity and capital adequacy of ~18%, is …
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