Tag: hedge fund

Under the UAE central bank’s instructions, Janata Bank must appoint an administrator within 30 days of the issuance of the letter.

From AI-powered finance and tokenisation to open finance and faster cross-border payments, the Emirates is building the infrastructure to become a leading global centre for financial innovation …

At the centre of the platform is wealth 360, which provides a consolidated view of customers’ overall financial position, incorporating CBD accounts …

Residents earning a salary of at least Dh15,000 a month can now check their home loan eligibility online, as a Dubai-based bank launched a fully digital pre-approval service on Thursday. The service …

Abu Dhabi Investment Authority (Adia) has become an anchor investor in the $970 million initial public offering (IPO) of Indian healthcare provider Manipal Health Enterprises. The Emirati sovereign …

More than 135,000 bank customers across the UAE have received temporary relief on their loan repayments under a Central Bank support programme, while the country’s banking sector has simultaneously …

The UAE has abolished 15 capital-market fees while raising selected charges linked to public offerings, combining broad cost relief for financial firms with higher pricing for regulatory work on …

Changes come as government pushes to deepen financial markets and create more avenues for firms to raise capital …

Mawarid Finance has partnered with KamelPay to launch AbsoluteCard, a new corporate payment solution designed to help businesses manage spending more efficiently through enhanced control, real-time …

UAE Central Bank support package enables AED13.5bn loan repayment deferrals for 135,000 customers as banking assets rise and non-performing loans hit record lows …

A teenager born in Kazakhstan and raised in the UAE has won a gold medal at the International Economics Olympiad (IEO), showing the UAE’s growing success in global academic competitions.The student …

The launch follows KamelPay’s successful expansion from workforce payments and salary processing through its PayD ecosystem …

Arif Amiri expects DIFC’s next phase of growth to be driven by the convergence of finance, technology and private capital, with further expansion anticipated across family offices, digital assets, sus …

The company currently serves more than 2,000 corporates, including some of the UAE’s largest private-sector and government organisations, and …

Dubai, 6 th December, 2010 – Axiom Limited, a Dubai International Financial Centre registered entity, today announced its decision to cancel the Company’s Initial Public Offering of shares and listing …

Strengthening how customers understand and manage their finances whilst embedding financial planning into everyday banking …

Emaar Development an Commercial Bank(ADCB) have launched a mortgage partnership covering ready and off-plan homes across Dubai. Eligible buyers will gain access to digital applications, reduced fees …