Tag: finance

… and Union National Bank have agreed to a merger to create an entity that will take over Al Hilal Bank and become the third largest lender in the UAE. The merged entity will have an asset base of D…
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Dubai International Financial Centre (DIFC) has unveiled the DIFC Hot Air Balloon in celebration of its 15-year anniversary. The DIFC Hot Air Balloon will be operated by Balloon Adventures Emirates, p…
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A proposed UAE-Saudi digital currency will be restricted to a few banks in each country towards executing financial settlements between the two, the Central Bank of the UAE said on Tuesday. The curren…
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A complete package of incentives will soon be introduced for overseas Pakistanis who’ll send remittances through banking channels, a senior Pakistani official said. Zulfikar Bukhari, special ssistant …
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Dubai: A new scam is making the rounds among bank customers, prompting police to caution residents over suspicious text messages. The Sharjah Police General Command warned owners of bank cards …
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Charles-Henry Monchau, Managing Director – CIO & Head of Investments at Al Mal Capital, a subsidiary of Dubai Investments said that the need to get funding through an IPO route is needed as …
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Lt. Gen. Sheikh Saif bin Zayed Al Nahyan, the UAE’s deputy prime minister and minister of interior, was awarded the first prize, while male representatives of the Ministry of Finance, the Federal Comp…
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The UAE Cabinet on Sunday adopted an amendment … Investors said the amendment would help lift local markets. “The move to [Initial Public Offering] will create more investment opportunities …
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Emirates NBD Head Office at Baniyas street in Dubai. The largest Dubai-based bank reported a net profit of Dh10 billion for 2018, up 20 per cent on the year. Image Credit: Ahmed Ramzan/ Gulf News …
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Emirates NBD Head Office at Baniyas street in Dubai. The largest Dubai-based bank reported a net profit of Dh10 billion for 2018, up 20 per cent on the year. Image Credit: Ahmed Ramzan/ Gulf News …
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The Abu Dhabi Securities Exchange has suspended trading in Bank of Sharjah for not submitting its financial results for the 2018 financial year. “As Bank of Sharjah didn’t submit their Financial State…
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On a mission inspired by sporting superstar Michael Owen, the CEO of one of the world’s largest independent financial advisory organisations – and 19 of his team – conquered the Dubai Marathon on Frid…
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UAE managed security services market is projected … the demand for SAMM service would increase in the coming years. The banking, financial services & insurance application market accounted …
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One organisation that has led the way in the UAE’s financial revolution is Mashreq Bank. It has undertaken a wide range of activities to help the government reach its goals, one of which is to …
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Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank and HSBC. DIP said in a statement that the meetings will take place in Singapore, Hong Kong, Abu Dhabi, Dubai and London, commencing on F…
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The UAE Central Bank has announced that the Money Supply aggregate M1 increased by 1.3 per cent, from Dh479.5 billion at the end of November 2018 to Dh485.6 billion at the end of December 2018. The Mo…
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The stem cells will be stored at Cryo Save Arabia free of cost for five years and can be used to treat disorders such as leukaemia and sickle cell anaemia. Families may be eligible if a family member …
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