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Tag: finance

Posted on 30/10/2018

Dubai to open first skin bank in Arab region

(MENAFN – Khaleej Times) Dubai is in the process of setting up a skin bank, the first in the region, which will be used in grafting of burn cases and other patients in need. In an interview, Dr …
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Posted on 30/10/2018

UAE sets up new unit to probe illicit financial activity

Sheikh Hamdan bin Rashid Al Maktoum, deputy ruler of Dubai and Minister of Finance … as per the regulations set out by the Central Bank.
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Posted on 30/10/2018

Why UAE residents are opting for personal finance from Islamic banks

The UAE residents’ preference for Islamic banks products such as … Wasim Saifi, Deputy CEO for Consumer Banking and Wealth Management at Emirates Islamic bank, said penetration level of Islamic bank…
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Posted on 30/10/2018

UAE Ranks First Globally In Islamic Economy

The UAE ranks top globally across five Islamic economy sectors, according to a report that forecasts Islamic finance assets would surge to $3.8 trillion while global Muslim spend on food and beverage …
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Posted on 30/10/2018

China-UAE Conference on Islamic Banking & Finance to Kick Off in November With Huge Global Participation

Hamdan Bin Mohammed Smart University (HBMSU) announced the completion of preparations for the launch of the China-UAE Conference on Islamic Banking and Finance (CUCIBF III) for the third consecutive y…
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Posted on 30/10/2018

UAE passes law to combat money laundering, terror financing

FATF is an international organisation that sets global standards for fighting illicit finance. The UAE has been tightening its financial regulation to try to close regulatory gaps and overcome a …
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Posted on 29/10/2018

UAE’s Islamic banks outpace conventional peers

Dubai: Islamic banks are outperforming their conventional peers in customer acquisition as Sharia-compliant banking products continue to grow in the UAE, among both Muslim and non-Muslim customers …
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Posted on 29/10/2018

New Federal decree increases central bank’s capital

Dubai: The UAE President Shaikh Khalifa bin Zayed Al Nahyan on Sunday, issued ‘Decretal Federal Law No. (14) of 2018 regarding the Central Bank of UAE and Organization of Financial Institutions …
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Posted on 29/10/2018

New UAE law enhances Central Bank role

UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a key Federal Decree concerning the Central Bank and organisation of financial institutions and their activities. The law repre…
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Posted on 28/10/2018

UAE issues new law governing central bank, financial institutions

The United Arab Emirates has issued a new law governing the central bank and the regulation of financial institutions and activities in an effort to bolster monetary performance and confidence in …
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Posted on 28/10/2018

UAE students discuss pressing financial issues with experts

Students interacted with experts at a discussion summit focused on global financial markets at the Delhi Private School Sharjah’s sixth edition of ‘Opinions’. The event, held at Emirates …
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Posted on 28/10/2018

UAE Central Bank unveils new banknote

Dubai: The UAE Central Bank unveiled on Sunday the new Dh100 banknote that will enter into circulation this week. The new currency bill has been reprinted with new security features, which can all …
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Posted on 27/10/2018

UAE, Bahrain discuss efforts in administering government financial operations

DUBAI, 27th October, 2018 (WAM) — The UAE and Bahrain have reviewed their latest efforts in administering government financial operations, and also expressed their keenness to cooperate toward achiev…
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Posted on 27/10/2018

With Middle East expansion underway, Udacity looks ahead to eventual IPO

Dubai: In start-up parlance … Elaraby said the company was currently laying the groundwork for an eventual IPO. “We have hired a company to build our audited financials and help us become …
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Posted on 27/10/2018

Compliance Analyst – ADCB Abu Dhabi Commercial Bank – Dubai Jobs

To complete due diligence on new to bank client on-boarding, monitor existing clients to rule out money laundering/terrorist financing/sanctions risks, investigate and report unusual/suspicious cases …
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Posted on 26/10/2018

Udacity begins preparing for an eventual IPO

Dubai: In start-up parlance … Elaraby said the company was currently laying the groundwork for an eventual IPO. “We have hired a company to build our audited financials and help us become …
( read original story …)


Posted on 26/10/2018

Fund fees forecast to fall by a fifth

Forbes.com – 21:08 PM GMT October 19, 2018 How the Hedge Fund Manager Running Sears … 2018 Kuwait Investment Fund Raises Alarm Over Alleged Attempt To Seize $500M Frozen In Dubai Bank Forbes.com – 1…
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