Tag: finance

I paid an annual fee of Dh1,500 but the bank blocked my credit card for no reason…” Dubai: Foreign investors remain squeamish about taking an exposure in UAE stocks, with March seeing a record …
( read original story …)

---

The UAE’s banking sector remains strong and resilient despite several challenges posed by global economic developments last year, according to the 2019 annual report of the Central Bank of UAE (CBUAE) …
( read original story …)

---

The strength and resilience of the banking sector will be tested, and the CBUAE shall continue to play its role in terms of guiding the banking sector through this period, with …
( read original story …)

---

The seasonally adjusted IHS Markit UAE Purchasing Managers’ Index (PMI), which covers manufacturing and services, fell to 44.1 in April from 45.2 in March. The 50.0 mark separates expansion from …
( read original story …)

---

IMA® (Institute of Management Accountants), is celebrating International Management Accounting Day on May 6, 2020. This initiative aims to honor members of the management accounting community for …
( read original story …)

---

The overall real GDP of UAE is estimated to have grown by 1.7 per cent in 2019, according to the Central Bank of the UAE. “The UAE hydrocarbon sector is estimated to have exhibited a growth of 3.4 per …
( read original story …)

---

Move piles further pressure on EY, whose audit of Thomas Cook is also being investigated …
( read original story …)

---

It is the first cash dividend since Salama’s IPO. Salama posted a net profit attributable to shareholders of 54.7 million UAE dirhams ($14.9 million) in 2019, compared to 2 million UAE dirhams in 2018 …
( read original story …)

---

Tasjeel is launching a dedicated UAE premium domain name marketplace. The new platform will allow buyers to purchase premium domain names that are already registered. This will make it easier for …
( read original story …)

---

UAE Banks have warned customers to always sanitise their bank notes, use cards instead Dubai: How often should you clean your ‘dirty’ money? Amid the ongoing pandemic, the Dubai Health Authority (DHA) …
( read original story …)

---

Through the agreement, Deem’s business customers will be able to access Noor Takaful | Ethical Insurance’s wide-range of commercial insurance products …
( read original story …)

---

The sell-off was prompted by regional economic worries, slump in oil prices and renewed US-China trade war worries. WTI crude was down by nearly 7 per cent while Brent was trading 1.44 per cent lower …
( read original story …)

---

Package features flexible payment plans with easy instalment schemes, waivers of penalties on late renewals, and 20% reduction on licence fees renewals.
( read original story …)

---

Attracting foreign investment into Saudi Arabia is one of the key components of the Vision 2030 strategy to move away from oil dependency and encourage the non-oil economy. But it has been a …
( read original story …)

---

Ranking globally up because of strong drive towards reforms, anchoring many initiatives to enhance competitiveness …
( read original story …)

---

Still on Dubai, we also find out what opportunities the drone industry presents from the Dubai Airshow. CNBC’s David Reid reports. Despite the misconception that hedge funds are risky …
( read original story …)

---

The UK’s biggest cruise line will introduce stringent measures to ensure it obeys international health guidelines when it restarts operations once the coronavirus pandemic recedes.
( read original story …)

---