The UAE banking sector has continued to top other GCC counterparts in terms of assets value during H1 2018, with a total value of AED2.7 trillion (US$748 billion), a growth of 2 percent compared to th…
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Dubai financial regulator appoints new chief executive
Dubai Financial Services Authority … which provides a forum for deepening Switzerland’s Basel Committee on Banking Supervision’s engagement with country heads. Bryan Stirewalt will take over from Mr …
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UAE Food Bank signs partnership agreement with ‘Regional Food Banks Network’
DUBAI, 11th September, 2018 (WAM) — The UAE Food Bank signed a strategic partnership agreement with the “Regional Food Banks Network,” in light of the UAE’s keenness to promote social responsibility …
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AVP Risk Infrastructure – Huxley Banking & Financial Services – Dubai Jobs
My client one of the leading banks in UAE are looking to hire an AVP Risk Infrastructure to join their team. This is a Group Risk function responsible for functional ownership and execution responsibi…
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Dubai climbs to 15th on financial centres index
Dubai has climbed four laces to 15th in a ranking of global financial centres produced by China Development Institute (CDI) in Shenzhen and Z/Yen Partners in London. The city saw its ranking …
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Rubique Aims to Forge Strategic Ties With Financial Institutions in UAE
Rubique Technologies, India’s leading financial matchmaking platform for loans and cards, is among the five global companies chosen by Abu Dhabi Global Market (ADGM) for its FinTech Regulatory …
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Abu Dhabi set to cash in Cepsa investment with $11.6bn IPO
Cepsa could announce the IPO as early as next week … in downstream industries such as oil refining to ensure future demand for crude from the United Arab Emirates. The Madrid-based company is expect…
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Abu Dhabi Set to Cash in Cepsa Investment With $11.6 Billion IPO
Cepsa could announce the IPO as early as next week … in downstream industries such as oil refining to ensure future demand for crude from the United Arab Emirates. The Madrid-based company is expect…
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UAE Banks’ Three-Way Merger a Boon for Banking System
ADCB also announced that separate potential merger discussions have commenced with Al Hilal Bank PJSC (AHB) shareholders. The proposed merger, pending approvals by the banks’ boards of directors, shar…
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Three-way merger of UAE banks ‘credit positive’ for industry, says Moody’s
It would also contribute to consolidation of the “overbanked” UAE banking sector, the report added. Abu Dhabi Commercial Bank, the second largest lender in the emirate, said last week it is exploring …
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UAE banking system expands credit to 10 economic sectors
The UAE’s economic sectors have continued their growth since the start of the current year, according to a digital review of relevant indicators, which encouraged the banking system to fund the activi…
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New round of merger to create Dh415 billion bank
The prospects of a new cycle of bank mergers – the fourth round of consolidation in the UAE’s banking history – would be credit positive for the banking sector and serve to further consolidate the ove…
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Mashreq Becomes the First Private Bank in the UAE to Implement Solutions that Utilize Artificial Intelligence and Machine Learning
Virtusa Corporation VRTU, +0.23% a global provider of digital strategy, digital engineering, and IT outsourcing services that accelerates business outcomes for its clients, and Mashreq Bank, the leadi…
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Mashreq Becomes the First Private Bank in the #UAE to Implement Solutions that Utilize #AI Artificial Intelligence and Machine Learning
DUBAI, United Arab Emirates & SOUTHBOROUGH, Mass. – September 11, 2018 (Investorideas.com Newswire) Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, an…
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Huda Kattan ‘not interested’ in IPO for $1bn cosmetics firm
Speaking to Arabian Business, the founder and chairwoman of the Dubai-based company referenced the recent unsuccessful … Mona Kattan, co-founder and global president at Huda Beauty, also said an IPO …
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UAE Approves Plans to Regulate ICO Tokens as Securities
The UAE’s financial regulator is taking the final steps to regulate the way that blockchain start-ups are raising money, or ICOs, but has warned of the many risks involved. The watchdog is proposing a …
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Saudi Arabia leads Mena IPO activity in Q2
IPO activity was relatively slow in H1 2018 … Microsoft More from Khaleej Times Petrol prices in UAE to increase in September Video: Kochi airport resumes operations after 15 days 368 smart buses to …
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