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Tag: finance

Posted on 16/09/2018

UAE Ministry of Finance Holds a Roundtable Discussion to Enhance Financial Coordination

The Ministry of Finance (MoF), in collaboration with the World Bank Group (WBG), held a roundtable discussion on the project to strengthen the financial coordination of the health and education sector…
( read original story …)


Posted on 16/09/2018

UAE Ministry of Finance to enhance financial coordination

The Ministry of Finance (MoF), in collaboration with the World Bank Group (WBG), held a roundtable discussion on the project to strengthen the financial coordination of the health and education sector…
( read original story …)


Posted on 15/09/2018

Network International’s owners pick banks for float: sources

LONDON/NEW YORK/DUBAI (Reuters) – The owners of Network International are working with investment banks Evercore (EVR.N) and Citi (C.N) on an initial public offering (IPO) of the largest payment proce…
( read original story …)


Posted on 14/09/2018

Dubai real estate needs more institutional investors: Rera chief

The Dubai property sector needs more hedge fund investors from Pakistan and other countries, the chief of the Real Estate Regulatory Authority (Rera) said on Friday. “In the last three years, Pakistan…
( read original story …)


Posted on 13/09/2018

UAE banking sector tops in GCC with H1 assets surging to Dh2.7t

The UAE banking sector, currently undergoing a new cycle of consolidation, continues to surpass GCC peers in terms of total assets that had surged two per cent to Dh2.7 trillion ($748 billion) in the …
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Posted on 13/09/2018

Profitability among top UAE banks continues to improve in Q2

Global professional services firm Alvarez & Marsal (A&M) said in its latest UAE Banking Pulse that operating income and net interest margins were significantly higher than in the previous quarter. Com…
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Posted on 13/09/2018

UAE banks lead Gulf peers with $748bn in assets

The UAE banking sector has continued to top other GCC counterparts in terms of assets value during the first half (H1) of 2018, with a total value of Dh2.7 trillion ($748 billion), a growth of 2 per c…
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Posted on 13/09/2018

Five things to know about the GCC banking mergers

Emirates NBD: In 2007, Emirates NBD was born when Emirates Bank International (EBI) and the National Bank of Dubai (NBD) – the UAE’s second and fourth largest banks – merged to become the most signifi…
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Posted on 13/09/2018

UAE banks continue to lead Gulf peers with $748bn worth of assets

The UAE banking sector has continued to top other GCC counterparts in terms of assets value during H1 2018, with a total value of AED2.7 trillion (US$748 billion), a growth of 2 percent compared to th…
( read original story …)


Posted on 13/09/2018

Dubai financial regulator appoints new chief executive

Dubai Financial Services Authority … which provides a forum for deepening Switzerland’s Basel Committee on Banking Supervision’s engagement with country heads. Bryan Stirewalt will take over from Mr …
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Posted on 13/09/2018

UAE Food Bank signs partnership agreement with ‘Regional Food Banks Network’

DUBAI, 11th September, 2018 (WAM) — The UAE Food Bank signed a strategic partnership agreement with the “Regional Food Banks Network,” in light of the UAE’s keenness to promote social responsibility …
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Posted on 13/09/2018

AVP Risk Infrastructure – Huxley Banking & Financial Services – Dubai Jobs

My client one of the leading banks in UAE are looking to hire an AVP Risk Infrastructure to join their team. This is a Group Risk function responsible for functional ownership and execution responsibi…
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Posted on 13/09/2018

Dubai climbs to 15th on financial centres index

Dubai has climbed four laces to 15th in a ranking of global financial centres produced by China Development Institute (CDI) in Shenzhen and Z/Yen Partners in London. The city saw its ranking …
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Posted on 12/09/2018

Rubique Aims to Forge Strategic Ties With Financial Institutions in UAE

Rubique Technologies, India’s leading financial matchmaking platform for loans and cards, is among the five global companies chosen by Abu Dhabi Global Market (ADGM) for its FinTech Regulatory …
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Posted on 12/09/2018

Abu Dhabi set to cash in Cepsa investment with $11.6bn IPO

Cepsa could announce the IPO as early as next week … in downstream industries such as oil refining to ensure future demand for crude from the United Arab Emirates. The Madrid-based company is expect…
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Posted on 12/09/2018

Abu Dhabi Set to Cash in Cepsa Investment With $11.6 Billion IPO

Cepsa could announce the IPO as early as next week … in downstream industries such as oil refining to ensure future demand for crude from the United Arab Emirates. The Madrid-based company is expect…
( read original story …)


Posted on 12/09/2018

UAE Banks’ Three-Way Merger a Boon for Banking System

ADCB also announced that separate potential merger discussions have commenced with Al Hilal Bank PJSC (AHB) shareholders. The proposed merger, pending approvals by the banks’ boards of directors, shar…
( read original story …)


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