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Tag: finance

Posted on 17/04/2018

UAE Leadership Supports Delivery of 281 Million Vaccines to Protect Children From Polio in Pakistan

UAE support also funded more than 5,000 committed full-time … the GPEI has reduced the global incidence of polio by more than 99 percent. The GPEI receives financial support from governments of countries affected by polio, private sector foundations …
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Posted on 17/04/2018

UAE residents less confident about finances as living costs rise

More than 40 per cent of UAE residents are less confident about their financial status than a year ago as concerns surrounding the cost of living and job security increase, according to a new survey. Comparison site Yallacompare’s consumer confidence …
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Posted on 17/04/2018

Bahrain VAT – lessons learned from KSA & UAE

The United Arab Emirates and the Kingdom of Saudi Arabia introduced Value … Camburn also said that “VAT is not only the finance’s responsibility, it involves also other functions such as purchase, sales, IT and legal teams, etc.
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Posted on 17/04/2018

United Arab Emirates shares higher at close of trade; DFM General up 1.83%

Investing.com – United Arab Emirates equities were higher at the close on Sunday, as gains in the Services, Finance & Investment and Banking sectors propelled shares higher. At the close in Dubai, the DFM General gained 1.83%, while the ADX General index …
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Posted on 17/04/2018

Amlak Finance to develop $79m mixed-use project in Dubai

RELATED ARTICLES: Amlak Finance completes first property development in Mirdiff | Amlak Finance records net profits of $2m in Q1 2017 | Amlak Finance renegotiates restructuring terms Sharia-compliant real estate financier Amlak Finance has announced plans …
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Posted on 17/04/2018

UAE Government Expands Relationships With Leading US Hospitals

WASHINGTON, April 16, 2018 /PRNewswire/ — UAE Ambassador to the US Yousef Al Otaiba signed memoranda of understanding (MOU) with leaders from six top US hospitals. The agreements will ensure enhanced medical care for designated Emirati patients and will …
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Posted on 17/04/2018

Freedium Announces First Commodities Backed Digital Stable Currency at Dubai Blockchain Forum

Headquartered in Switzerland with an operational base in Dubai, UAE, Freedium is dedicated to fostering financial inclusion and unleashing the potential of emerging and developing economies starting with the launch of the first commodity backed …
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Posted on 17/04/2018

Meraas and Caesars Entertainment Plan to Bring Caesars Palace to Dubai

The hedge fund run by Ricky Sandler held 7.46 million shares of the homebuilding company at the end of 2017Q4, valued at $471.55 million, down from 8.12 million at the end of the previous reported quarter. Corsair Capital Management Lp who had been …
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Posted on 16/04/2018

Dubai-based firm launches diamond-backed crypto assets

Dubai-based Al Kasir Group has launched three new crypto assets backed by certified diamonds, the company announced on Monday. Al Kasir Group is a joint venture under the private office of His Highness Sheikh Ahmed Bin Obaid Al Maktoum, and operates Al …
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Posted on 16/04/2018

UAE rugby season takeaways: Financial issues have been a running theme of 2017/18

Dubai Rugby Sevens – Winners: Dubai Exiles; Runners up: Jebel Ali Dragons West Asia Premiership- Winners: Jebel Ali Dragons; Runners up: Abu Dhabi Harlequins UAE Premiership Cup- Winners: Abu Dhabi Harlequins; Runners up: Dubai Exiles UAE Premiership …
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Posted on 15/04/2018

China Takes First Step In Paying For Crude Imports In Yuan

Until now, Chinese oil imports were based on FOB benchmarks, with long-term procurement contracts settling off Platts Oman/Dubai or Dated Brent … crude delivery and may in fact at times reduce its hedge efficiency. • A new investment vehicle for …
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Posted on 15/04/2018

‘The Flight Attendant’ is, yes, the perfect airplane read

But one fateful morning in a hotel room in Dubai puts a dead stop to Cassie’s fancy-free lifestyle … the dizzy recollections of a passionate night spent with the hedge fund manager named Alex she met on the flight from New York. Cassie turns to look …
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Posted on 15/04/2018

It’s a girl! Georgia Penna welcomes third child via surrogate

Then the family, who live in Dubai, will fly to Dublin so that the new baby can … However, the proud mother has since sprinkled her Instagram feed with pictures of her twins and hedge fund husband Joe enjoying family life, albeit with the faces of …
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Posted on 13/04/2018

Dubai tycoon Al Habtoor bullish over UAE prospects in 2018

Dubai billionaire Khalaf Ahmad Al Habtoor believes 2018 will be a much better year for businesses in the UAE after a tough year in the previous 12 months. The founding chairman of the Al Habtoor Group acknowledged a challenging 2017 when the business …
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Posted on 12/04/2018

UAE bank guarantees reach $106bn in February

Guarantees provided by the UAE-based banks in February increased to Dh389.4 billion ($106 billion) from Dh388.98 billion in January, with industry reports expecting a further increase in the value of this facility in line with the current mobility recorded …
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Posted on 12/04/2018

Sharjah Islamic Bank launches $500m sukuk

Dubai: United Arab Emirates’ Sharjah Islamic Bank has launched $500 million (Dh1.8 billion) sukuk with a spread set at 150 basis points over mid-swaps, a document from one of the banks leading the deal showed. Initial price guidance for the deal was in …
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Posted on 12/04/2018

Kiwi to head digital strategy at Emirates Bank in Dubai

Leigh Flounders, NZTech board member is appointed head of digital strategy of Dubai bank Emirates NBD. “My move to Dubai, leading digital strategy within the financial services industry provides opportunities for New Zealand technology businesses to …
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