Tag: finance

Abu Dhabi mum on state-to-state collaboration with Israel on fighting coronavirus, despite PM declaring imminent announcement from both countries’ health ministries …
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Dubai Courts decided that rather than imprisonment, they would start issuing fines for these offences which will give people the breathing space they need to get into a better position to manage their …
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The entities have also launched a whitepaper titled, ‘Rethinking Banking for Startups’, which explores the challenges that startups face when opening a UAE bank account. The whitepaper aims to foster …
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ADNOC has signed a mega deal with a consortium of infrastructure investors and sovereign wealth and pension funds to invest in select ADNOC gas pipeline assets valued at $20.7 billion. Besides …
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While one of the main barriers to launching Holo in the UAE was the real estate and banking sectors’ reliance on traditional, manual processes, Covid-19 accelerated the move to fast and easier digital …
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The rise in coronavirus infections across United States has triggered concerns of a second wave and has hit global stock markets hard. UAE indices were also not spared as DFM declined by 0.47 per cent …
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Financial Technologies report, it said that the cornoavirus, “is an important opportunity for private sector entities to accelerate the digitisation of financial services”. While most sectors such as …
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The hopes for the so-called ‘V-shaped’ recovery are alive and well. However, these hopes could easily turn out to be premature. According to researchers at Karolinska Institute in Sweden and the …
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An industry survey in the UAE has gathered insights from media professionals and … adopting alternative sources of finance to avert financial crises, as well as the progressive reduction of print …
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ABU DHABI, 24th June, 2020 (WAM) — In the framework of its mandate to offer the support to its member states in the field of economic, financial and monetary reforms promoting financial stability in …
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The average time spent opening a bank account could be reduced to five days if documentation processes are simplified …
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Commercial Bank of Dubai, one of the leading national banks in the UAE, and global cross-border payment provider Thunes announced a partnership that will facilitate real-time cross-border transaction …
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This follows the launch of Hub71’s whitepaper which explored the challenges that startups face when opening a UAE bank account. The whitepaper, titled: Rethinking Banking for Startups aims to foster …
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When living in uncertain times and staying at home remains our best option, it is vital one adapts to the online way of working your finances. Although we currently live in a pandemic-struck period, …
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PD, Dubai Firstly, when my final salary payment hits my account, will the bank freeze my account? Will this in turn make it difficult for me to travel as I won’t be able to clear the rest of the …
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ABU DHABI, 23rd June, 2020 (WAM) — The Abu Dhabi National Oil Company, ADNOC, announced today that it has entered into an agreement with some of the world’s leading infrastructure investors and …
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In CFA’s survey, most finance professionals suggest that liquidity is a problem for many companies in the UAE at the moment, with 42 percent of the respondents saying they believe liquidity is down …
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