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Tag: finance

Posted on 12/11/2018

Third China-UAE conference on Islamic Banking concludes

DUBAI, 11th November, 2018 (WAM) — The third China-UAE conference on Islamic Banking and Finance, CUCIBF III, concluded recently, with the participation of leading economic experts, bankers, decision …
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Posted on 11/11/2018

UAE central bank removes 20% cap on real estate loans, Banking Federation chief says

The UAE central bank lifted a 20 per cent cap on real estate lending as a percentage of the total deposits of banks, the chairman of the UAE Banks Federation said. The restriction is removed through t…
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Posted on 11/11/2018

Third China-UAE conference on Islamic Banking & Finance concludes successfully amid international acclaim

Al Saleh: “UAE-China relations are gaining momentum as efforts to support the Belt & Road initiative & to guide the Islamic economy continue.” • Mansoor Al Awar: “We continue to engage in constructive …
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Posted on 11/11/2018

Emirates NBD recognized as The Innovator in the Middle East by Global Finance

Dubai:Emirates NBD, a leading financial institution in the Middle East has been adjudged ‘The Innovator’ in the Middle East at the Global Finance World’s Best Consumer Digital Banks in the ME Awards 2…
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Posted on 11/11/2018

Report: UAE Banking System Stable for Now

Moody’s Investors Service has kept its outlook on the United Arab Emirates banking system at stable, reflecting a gradually recovering economy, as well as banks’ strong capital, resilient profitabilit…
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Posted on 11/11/2018

UBF forum offers insights into banking trends

The sixth edition of the UAE Banks Federation (UBF)’s Middle East Banking Forum concluded today (November 11) in Dubai, offering exclusive insights into emerging opportunities and challenges facing th…
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Posted on 11/11/2018

How to lose a fortune: UAE big-jackpot winner who nearly lost it all

Hamzah Shalchi, a financial planner, heads the Dubai operations of Guardian Wealth Management. Image Credit: Supplied “With any good fortune, it can be easy to get carried away and purchase …
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Posted on 11/11/2018

Pakistan expects financial package as UAE FM meets Qureshi

ISLAMABAD – Pakistan is expecting a financial package from the United Arab Emirates as Foreign Minister Abdullah bin Zayed Al Nahyan visited Islamabad Friday to meet Pakistani counterpart Shah Mehmood …
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Posted on 09/11/2018

Union National Bank continues to play its part in the success of the UAE’s banking sector

As the economy of the United Arab Emirates continues to diversify away from its longstanding reliance on oil, the country’s financial services sector is becoming an ever-more important engine for grow…
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Posted on 08/11/2018

UAE banks to maintain strong capital and profitability, Moody’s says

Moody’s forecasts are conservative compared to those of the UAE Central Bank, which expects growth to reach 2.8 per cent this year and 4.2 per cent next year, the governor said on Tuesday. The central …
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Posted on 08/11/2018

Dubai Payments Firm Picks Citigroup, JPMorgan for IPO

Morgan Stanley also selected and Evercore will be IPO adviser The IPO, which could see shareholders sell about 25 percent to 30 percent of the company, may value the whole of Network International at …
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Posted on 07/11/2018

Banking: Merger momentum grows in the Gulf

It has been a long time coming. As far back as 2007, the merger of Emirates Bank International and National Bank of Dubai – to create Emirates NBD, Dubai’s largest bank – was widely expected to start …
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Posted on 07/11/2018

Malaysia dominates the Islamic economy, but the United Arab Emirates is hoping to close the gap

Malaysia’s lead is supported by its dominant Islamic finance ecosystem, but the UAE (which consists of seven seven emirates including Abu Dhabi and Dubai) is making progress to narrow the gap …
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Posted on 07/11/2018

Dubai’s Shuaa posts best quarterly profits for a decade

Dubai-based Shuaa Capital on Monday reported net profits of AED30.1 million ($8.1 million) for the third quarter of 2018, up 31 percent year on year and the company’s highest quarterly figure since 20…
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Posted on 07/11/2018

ADGM announces sustainable finance ambition to support UAE’s long term sustainable growth

International Financial Centre in Abu Dhabi, is pleased to support the 2018 IIF MENA Financial Summit in Abu Dhabi on 6 to 7 November 2018. Abu Dhabi: Abu Dhabi Global Market, the International Financ…
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Posted on 07/11/2018

Financial Analyst – Dubai Jobs

• Determines cost of operations by establishing standard costs; collecting operational data. • Identifies financial status by comparing and analyzing actual results with plans and forecasts. • Guides …
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Posted on 06/11/2018

UAE Central Bank says economy to expand 4.2% in 2019

The UAE economy will expand 4.2 per cent next year, faster than the International Monetary Fund’s estimate, as the country carries on with reforms and sustains no material impact from restrictions on …
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