Tag: finance

Dubai: Shuaa Capital said on Monday it has acquired an 8 per cent stake in Kuwait-based Amwal International Investment for an undisclosed sum. Shuaa now owns 14.49 million shares in Amwal International. Furthermore Gulf Finance Corporation, a Shuaa Capital …
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Dubai International Financial Centre (DIFC), the leading financial hub for the $7.4 trillion Middle East, Africa and South Asia (Measa) region, has announced that in the first half of 2017 it has gro Abu Dhabi Ports inks agreement with Chinese to develop …
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Under the terms of the agreement, China-UAE Industrial Capacity Cooperation Construction … creating over 1,400 jobs, broadening the financial and physical scope of the zone while bolstering its ties to the “Belt and Road” initiative.
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• To drive professional execution of the learning and development plan, proactively partner with stakeholders to deliver on their learning needs and build the Bank’s capability to drive sustainable results, both in the short term and long term …
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… technology innovation in line with its government’s Smart Dubai initiative to transform Dubai into the world’s smartest city, writes Paybefore (Banking Technology‘s sister publication). With Samsung, Apple and many other international technology …
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The exchange centre was open on Monday and officials from the CID and Central Bank of the UAE were present to conduct their investigation. The officials examining the account details refrained from giving information about the case. A senior staff member …
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Assists the department in the legal cases planning, development, and management, legal research, gathers facts and retrieves information, drafts and analyses legal documents and collects, complies and utilizes technical information, to make recommendations …
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The advanced mobile wallet for Android phones, with unique market-first features and a best-in-class loyalty programme, is designed to work seamlessly at local and international merchant outlets. 1. UNLOCK & PAY: MashreqPay is easy to set up – any …
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Mashreq Bank, has announced the launch of MashreqPay – a digital mobile wallet providing secure easy-to-use payment for purchases, anywhere in the world where cards are accepted and the merchant terminal has NFC (near-field-communication) capability.
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The deal was signed by Khalid Bin Kalban, Managing Director & CEO of Dubai Investments and Chairman of DIRC, André Sayegh, Deputy Group CEO of FAB, and Colin Fraser, Head of Wholesale Banking at ADCB. Commenting on the transaction, André Sayegh said …
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he First Abu Dhabi Bank (FAB) Wealth Sentiment Index (WSI) for the UAE has decreased slightly from 1054.52 in June, to 1040.66 in July 2017, reflecting a 1.3 per cent change. The July score reflects a range of factors, including a fall in inflation …
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Dubai Investments Real Estate Company (DIRC) has signed a Dh1.1 billion ($299.47 million) financing deal with First Abu Dhabi Bank (FAB) and Abu Dhabi Commercial Bank (ADCB) for its Mirdif Hills development in Dubai, UAE. DIRC is the real estate …
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Heywood will be based in the firm’s Dubai office, making him the sixth specialist construction … international arbitration, finance & banking, projects and construction, real estate, regulatory and investigations, and technology.
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National Bank of Fujairah and Gulftainer, which is also competing for the Health & Safety Initiative of the Year award along with HLG Contracting, Dubai Islamic Bank and Khidmah. “Having a wellness initiative is one thing, however securing the support of …
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Dubai: Middle East fund managers have become more positive … and an absence of additional negative political events. The region’s banking sector is the top pick for one manager, who cited improving margins and “optimisation of funding costs …
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Mr. Salah Mohammed Amin, Executive Vice President, Corporate Banking, Emirates NBD also added, “The positive response for this facility confirms the interest in key sectors in the UAE and the trust endorsed to Gulf Petrochem Group’s strong financial …
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Dubai: A salesman has been jailed for six months for defrauding a bank of Dh180,000 in personal loan and credit card using forged papers within two months. The 39-year-old Pakistani salesman approached the local bank’s Sudanese sales representative and …
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