Tag: finance

Dubai-based Mashreq Bank has unveiled a new full-service digital bank, Mashreq Neo, in the UAE. The new digital bank will be completely branchless, is targeted towards the connected generation who are digitally savvy, use mobile devices extensively, and …
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Kalmon Dolgin Affiliates (KDA) has arranged a new, 7,500 s/f lease for Mikkeller NYC, a microbrewery, at 51-40 58th Place in the Woodside section of Queens, NY. Mikkeller is a collaborative microbrewery founded in Copenhagen, Denmark in 2006. It was …
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This Analyst role is responsible for providing the Finance and Controllership Manager and the local commercial team with timely and accurate financial information. You will give support and advice to enable the business to achieve its sales and profit …
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Dubai: Commercial Bank of Dubai announced the appointment of C Krishna Kumar as its chief operating officer. Kumar joins CBD from his previous role as chief operating officer of Qatar Islamic Bank in Doha. He has over 25 years of experience in the banking …
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Autism Rocks has since organised concerts with Prince, Lenny Kravitz and Gary Barlow and has the naming rights for the Autism Rocks Arena next to Dubai Outlet Mall. The 47-year-old also runs a hedge fund company based in Dubai International Financial …
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UAE banks holding Qatari loans have become “more aggressive over the past couple of weeks” in offering the loans for sale in the secondary market, said one banker at a European bank specializing in financial institutions. Prospective sellers …
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Bordered by eight other countries and a member of both the Common Market for Eastern and Southern Africa (COMESA) and the Southern African Development Community (SADC), Zambia is an important regional trade hub. According to MIT Economic Complexity Index …
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Saudi Aramco isn’t talking with any Russian companies about possible participation in its initial public offering, the head of the state … the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Morgan Stanley Investment Management says it favors rupee bonds, though prefers to hedge its currency exposure … Roland Mieth, a Singapore-based fund manager for emerging markets, said in an interview. The asset manager was reducing its overweight …
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The firm has set up a one-stop shop for hedge funds and private equity firms for undertakings … The funds chosen by Addleshaw this year are based in London, but are also as far afield as Dubai and Hong Kong. “We were really taken aback by the …
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Abu Dhabi Islamic Bank, the biggest Sharia-compliant lender in the Emirate, said it is planning to earmark significant financial resources on digital technology this year as banks in the UAE race to lower costs and boost revenues by having a nimble branch …
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Dubai launches blockchain-based cryptocurrency. On September 26 Dubai’s government’s economic website announced it had established a partnership to facilitate financial transactions through contactless payment. “The partnership brings Emcredit …
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Shaikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance said: “These decisions bring an added layer of transparency to the Authority’s relationship with its customers and this, in turn, provides extra incentive for …
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The Ministry of Finance (MoF) has announced its participation, as part of the federal government entities’ stand, in the 37 th GITEX Technology Week 2017 taking place at the Dubai World Trade Center from 8 th-12 th October. MoF is participating to …
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The Dubai Financial Services Authority (DFSA) has censured Mr Prabhakar Kamath, a former Finance Officer of a DFSA Authorised Firm for submitting an inaccurate financial report to the DFSA. Mr Kamath, in his capacity as Finance Officer, was responsible for …
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Abu Dhabi Commercial Bank (ADCB) has announced that its banking services are all back on line after a three-day outage to carry out a major system enhancement. ADCB said it has successfully completed the migration of its core banking systems and …
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All over the world, the banking sector is operating in an era of great technological flux, one in which the adage “innovate or die” morphs into a stark and very real message staring the industry in its face. As technology plays an ever increasing role in …
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