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Tag: fintech

Posted on 01/09/2022

Business adoption of cloud-based applications on the rise in the UAE

Xebia to outline the smarter, faster, and more cost-efficient opportunities of the cloud while underscoring the challenges of implementation and how to overcome them …

Posted on 01/09/2022

Dubai — The city where dreams come true

Dubai, for me, is not just a dreamland, but a city where dreams really do come true. I have experienced this myself over the last 38 years. I first came to this …

Posted on 01/09/2022

Abu Dhabi introduces new index – FTSE ADX Growth Market – for private businesses taking in investors

The FTSE ADX Growth Market takes over from ‘Second Market’, and will allow potential investors to connect with private businesses in sectors such as transportation, wholesale trading, healthcare and …

Posted on 01/09/2022

Abu Dhabi National Hotels buys prime plot in Ras Al Khaimah’s Al Marjan Island

Dubai: Abu Dhabi National Hotels is acquiring a plot in Ras Al Khaimah’s Al Marjan Island to build a hotel, becoming the latest company from Abu Dhabi to signal expansion plans in the northern emirate …

Posted on 01/09/2022

Abu Dhabi National Hotels to develop RAK hotel

Abu Dhabi National Hotels (ADNH) has acquired land on Ras Al Khaimah’s Marjan Island to develop a hotel. No sale price was mentioned for the acquisition, which was posted to Abu Dhabi Securities …

Posted on 01/09/2022

Sharjah Taxi honours 10 taxi drivers with Traffic and Safety Award

The award is given by Sharjah Taxi, a subsidiary of Sharjah Asset Management Company, the investment arm of the Government of Sharjah, to educate drivers about adherence to road safety. It is divided …

Posted on 31/08/2022

China’s oil imports have surged from an area known for offshore ship-to-ship crude mixing meant to hide its origin

Imports of Malaysian oil have soared to nearly 800,000 barrels per day, which is more than what it produces on its own, according to Bloomberg.

Posted on 31/08/2022

Light aircraft crashes in carpark of Abu Dhabi’s Grand Mosque, pilot hurt

The Cessna single-engine plane was approaching an exclusive airport for private jets in the UAE capital’s centre when it came down near the white marble landmark, the country’s biggest mosque.

Posted on 31/08/2022

Hustle And Heart: The Nigerian Entrepreneur Promoting African Food In Dubai

The word ‘multi’ comes up many times in a conversation with 28-year-old Dubai-based Nigerian businesswoman Gbemi Giwa. “I am a multi-passionate entrepreneur with a knack for turning ideas into …

Posted on 31/08/2022

Net profits of listed Dubai, Abu Dhabi firms jump 50% in Q2

Total net profits for Dubai’s banking sector rose by $621.5 million in Q2-2022 to reach $1.8 billion, up from $1.2 billion in Q2- 2021.

Posted on 31/08/2022

DXB LIVE confirms 10% growth in business volume

DXB LIVE, the integrated event management and organisation services arm of the Dubai World Trade Center (DWTC), announced substantial growth in business during the first half of this year achieving an …

Posted on 31/08/2022

China-United Arab Emirates (UAE): Bilateral Trade and Investment Outlook

China is among the UAE’s top commercial partners; both benefit from booming bilateral trade and investment cooperation on major BRI projects.

Posted on 31/08/2022

Man held after gold worth Dh430,000 found in his luggage at Sharjah airport

Suspect says he found the gold in sandy area in Sharjah but did not report to police Sharjah: An Asian passenger was arrested at Sharjah International Airport after gold worth Dh430,000 was found …

Posted on 31/08/2022

DXB Live sees 10% business growth in first half of 2022

DXB Live continues to enhance Dubai’s position in the events industry, create business opportunities, and increase …

Posted on 31/08/2022

Dubai real estate fintech start-up Stake raises $8mln

Dubai-based start-up Stake has raised $8 million in a pre-series A funding round, the largest capital raised by a real estate investment platform in the Middle East and North Africa (MENA) region. The …

Posted on 31/08/2022

Dubai property investment start-up Stake raises $8m in funding round

Dubai-based real estate FinTech start-up Stake has raised $8 million in an early stage funding round to drive its growth as regional investors flock to the stability of property investments amid …

Posted on 31/08/2022

Fintech firm Wise fined $360,000 by Abu Dhabi regulator

The regulator of Abu Dhabi’s free zone financial centre said on Tuesday it had fined the local subsidiary of fintech firm Wise $360,000 for breaching anti-money laundering (AML) requirements.Abu Dhabi …

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