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Tag: finance

Posted on 19/01/2018

Associate Financial Planner UAE 2018

We are excited to announce the first batch of the Associate Financial Planner or AFP program in the UAE for 2018. The AFP’s schedule will be this March 3 & 10, 2018 in Dubai, UAE. This program is exclusive to Filipinos. Since 2013 the AFP has been …
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Posted on 18/01/2018

Dubai Islamic Bank said to issue $750m sukuk soon

Dubai Islamic Bank, the largest sharia-compliant bank in the United Arab Emirates, is expected to issue as soon as next week a US dollar-denominated Islamic bond in the region of $750 million, sources familiar with the matter said. The bank, which this …
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Posted on 18/01/2018

Undersecretaries of Ministries of Finance discuss economic reforms in Arab countries

… energy subsidy reform which has a short-term and low impact on the consumer and has long-term benefits for the UAE. The Ministry of Finance continuously seeks new sources of revenues and diversifying income by enhancing the efficiency of public …
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Posted on 18/01/2018

Dubai Islamic 2017 net up 11pc to $1.22bn

Dubai Islamic Bank, the first Islamic bank in the world and the largest Islamic bank in the UAE, has posted net profits of Dh4.504 billion ($1.22 billion) in 2017, up 11 per cent compared to Dh4.050 billion ($1.22 billion) for 2016. Total income increased …
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Posted on 17/01/2018

UAE Ministry of Finance Participates in Third Meeting of Arab Ministries of Finance

The third meeting of Undersecretaries of Arab Ministries of Finance of Arab countries has commenced in Abu Dhabi this morning, and will be held for two consecutive days. The meeting, organised by the Arab Monetary Fund (AMF) was held in cooperation with …
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Posted on 17/01/2018

UAE Ministry of Finance Participates in the Third Meeting of the Undersecretaries of Arab Ministries of Finance

The third meeting of Undersecretaries of Arab Ministries of Finance of Arab countries has commenced in Abu Dhabi this morning, and will be held for two consecutive days. The meeting, organised by the Arab Monetary Fund (AMF) was held in cooperation with …
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Posted on 17/01/2018

How to get UAE residence visa for your parents in Dubai

Taking care of your elderly parents can be difficult when they are in a different country, especially if you and your family have settled to a long stint in the UAE. Here’s how you can get a residence visa for your parents: Note: This is an informative …
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Posted on 17/01/2018

Mashreq Bank’s innovative approach sets it apart from the crowd

By placing innovation at the core of its business, Mashreq Bank has swiftly become one of the UAE’s leading financial institutions. Although the bank recognises that the industry has evolved markedly over the past 50 years, it believes that the …
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Posted on 15/01/2018

Dubai’s ENOC said to hold talks over IPO of retail unit

Emirates National Oil Co, the state-owned oil refiner in Dubai, has held discussions with banking advisers for a potential initial public offering of its fuel-retailing unit, on the heels of a similar move in Abu Dhabi, according to people familiar with …
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Posted on 15/01/2018

Emaar shareholders to get $1bn windfall after unit IPO

“Already a flagship brand and a market leader in Dubai, our successful IPO demonstrates that regional and international investors are excited by our proven business model,” he said. “We are confident that this is just the beginning of a bright future …
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Posted on 15/01/2018

Cryptocurrency-focused hedge fund Alphabit picks AELF as digital currency for 2018

Alphabit, a global hedge fund investing in digital currencies … Alphabit CEO Liam Robertson said at a press conference in Dubai that ELF would deliver large scale commercial adoption of Blockchain technology and solve major transaction issues through …
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Posted on 15/01/2018

Revealed: where UAE investors are buying overseas property

Property remains the preferred investment asset by UAE residents for 2018, according to a new survey. The annual YouGov survey conducted by IP Global has confirmed that 40 percent of UAE residents are planning to invest in property in the UAE and 18 …
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Posted on 15/01/2018

Central Bank issues commemorative coin

The UAE Central Bank today announced the issuing of a commemorative silver coin on the occasion of the official opening of Oumolat Security Printing. The coin, with a face value of AED50, has the following specifications; diameter: 38.61 mm, weight …
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Posted on 15/01/2018

Dividends expected to drive UAE bourses

even as expectations of good fourth quarter results from banks like Dubai Islamic Bank and Emirates NBD this week could trigger more money in the market from traders, who have been on sidelines for months. The Dubai Financial Market general index started …
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Posted on 15/01/2018

UAE’s Masdar inks deal to invest in Montenegro wind farm

Project financing was secured from the European Bank for Reconstruction and Development … newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Posted on 15/01/2018

Abu Dhabi Islamic Bank : ADIB to exhibit opportunities for Emirati graduates at Tawdheef 2018

Abu Dhabi Islamic Bank (ADIB) will exhibit the range of fulfilling career opportunities it offers to UAE nationals at Tawdheef 2018. The Abu Dhabi-based bank, which is a Platinum Sponsor of the recruitment fair for a fifth consecutive year, has …
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Posted on 15/01/2018

VAT and other Dirhams at work: Any fears for UAE economy?

Abdullah Al Saleh, undersecretary of the ministry of economy for foreign trade, citing a forecast by the UAE Central Bank, said UAE’s economy is expected to grow at nearly 4% in 2018 helped by more inflows of foreign direct investment (FDI), as well as …
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