the vision of its leaders made Dubai the now undisputed regional hub in the region as far as business (such as in sectors like tech, financial services, and general having regional MENA multinational …
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deVere acquires UAE-based wealth adviser, Prosperity
One of the world’s largest independent financial advisory organisations is continuing its “ambitious vertical and horizontal growth strategy” with the acquisition of Prosperity, a UAE-based IFA firm. …
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Samsung Pay expands UAE presence with five exclusive institutions partnerships
… the mobile payment experience across the UAE by partnering with Abu Dhabi Commercial Bank (Debit Cards), Dubai Islamic Bank, Finance House, MAF Najm Cards and Noor Bank and to enable their custome…
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UAE- DAMAC Properties announces 2018 preliminary financial results
DUBAI, 14th February, 2019 (WAM) — DAMAC Properties today announced preliminary financial results for the year ended December 2018. DAMAC reported a total revenue of AED6.1 billion, while net …
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Samsung Pay signs 5 new partnerships in UAE
Samsung has partnered with Abu Dhabi Commercial Bank (Debit Cards), Dubai Islamic Bank, Finance House, MAF Najm Cards and Noor Bank and to enable their customers access to the digital payment and digi…
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Zayed University Dubai opens largest Bloomberg Finance Lab in ME
Zayed University, one of the UAE’s top universities, and Bloomberg, the global financial information and technology company, today announced the opening of the Bloomberg Finance Lab at the university’ …
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Finance Manager – Michael Page International (UAE) Limited – Dubai Jobs
The Finance Manager has responsibility for all aspects of financial reporting, controls and collections for the Middle East business. They will manage the back office transactions to ensure timely and …
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Noor Bank 2018 profit jumps 62%
Noor Bank, a Shariah-compliant bank in the UAE, on Wednesday said its 2018 net profit jumped 62 per cent to Dh601 million as compared to Dh371 million in the previous year on the back of strong growth …
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UAE bourses sees a halt in sell-off
The Dubai Financial Market general index closed 0.31 per cent higher at 2,492.58. Image Credit: Gulf News Archives Dubai: UAE bourses witnessed a temporary halt in sell-off on Wednesday …
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Dubai turning strategic hub for Chinese investors
A picture shows a general view of the Dubai International Financial Centre. [Photo provided to China Daily] Chinese banks and investors have achieved great success through their entities in Dubai, rea…
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Bithumb Partners with Nvelop to Launch Crypto Exchange in the UAE
… the middle-east by opening a new fiat-to-crypto exchange in the United Arab Emirates (UAE), according to a February 12 report of local news outlet the Financial News. According to the report, Bith…
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Dubai Financial Market : GFH inks $100m real estate deal with Terra
Dubai – Mubasher: GFH Group on Wednesday announced that it has signed a $100 million agreement with a special purpose vehicle (SPV), owned by Terra Real Estate Investments LLC (Terra), with instrument…
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Noor Bank reports Dh676m net profit
Dubai: Noor Bank, a Sharia-compliant institution, on Wednesday reported net profit of Dh676 million for 2018, before adjustments for property revaluations, marking a 74 per cent improvement in …
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Union National Bank continues to be a beacon of stable growth in the UAE
The consolidation of the UAE’s finance sector is helping to drive economic expansion in the country and beyond, with companies like Union National Bank employing innovative growth strategies for the g…
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Societe Generale is upbeat about the Middle East’s renewable energy finance market
“The UAE is leading the way, Saudi is progressing … The bank plans to expand its reach within the Middle East region as it looks for more opportunities to finance deals in markets such as Oman. It i…
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UAE banking outlook: Big four may struggle to match double-digit gains made in 2018
The four biggest banks in the United Arab Emirates – First Abu Dhabi, Emirates NBD, Abu Dhabi Commercial Bank and Dubai Islamic Bank – will struggle to repeat 2018’s double-digit profit increases as l…
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World Bank to set up UAE office at Abu Dhabi Global Market
The World Bank will set up its UAE office at Abu Dhabi Global Market, the capital’s financial hub, following the signing of an agreement at the World Government Summit in Dubai. The new bureau will se…
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