The accused reportedly found a loophole in the bank’s WhatsApp payment service that allows customers to pay credit card dues …
Alpha Data plans to raise $200mln from IPO on Abu Dhabi bourse: Bloomberg
Alpha Data, a UAE-based IT services company, plans to raise nearly $200 million from an initial public offering (IPO) in Abu Dhabi, Bloomberg reported. The company is working with EFG Hermes and …
Ruto Addresses Reports of CS Caught with Ksh20M in Dubai
President William Ruto has dismissed claims of covering up for a Cabinet Secretary (CS) who was seen with 200 million dollars in Dubai in an engagement with Gen Zs on Twitter (X) held on 5th July,2024 …
UAE bourses edge higher on US rate cut bets
Dubai’s main share index (.DFMGI) , opens new tab gained 0.1%, helped by a 0.7% rise in sharia-compliant lender Dubai Islamic Bank (DISB.DU) , opens new tab. Meanwhile, efforts to secure a ceasefire …
StockGro Teams Up with Dubai Financial Market, Eyes UAE Debut with Enhanced Market Data Access
DUBAI, UAE, July 5, 2024 /PRNewswire/ — To boost financial literacy in the UAE, StockGro, India’s largest stock market experiential learning platform, has partnered with Dubai Financial Market (DFM) …
UAE ranked 10th best destination to live and work for expats in 2024
It also ranked well in the work culture and satisfaction subcategory. The UAE fared well (16th) in the ease of settling in segment, and was ranked 33rd in the personal finance category.
Dubai announces MASSIVE 20m square foot car market
Dubai has announced plans to build the world’s largest car market in the city. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the First Deputy Ruler of Dubai and Deputy Prime Minister and Minister …
Ministry of Finance hosts second ‘Customer Councils’ to zero out government bureaucracy
The Ministry of Finance held the second session of the “Customer Councils” initiative, as part of the “Zero Government Bureaucracy” programme, recently launched by the UAE government. The event was …
India’s NIPL partners with Network International to bring UPI payments to UAE
The new payment facility, allowed through Network’s point-of-sale (POS) terminals in the UAE, will offer seamless and secure transactions for Indian tourists and NRIs …
UAE IT Services Firm Alpha Data Plans $200 Million Abu Dhabi IPO
United Arab Emirates-based IT services company Alpha Data is planning an initial public offering in Abu Dhabi, according to people familiar with the matter.
Ajman Bank Announces Integration with Aani Instant Payment Platform in Collaboration with Al Etihad Payments Company
In a groundbreaking collaboration with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), Ajman Bank has announced its integration with the Aani Instant Payment Platform.
Ajman Bank Announces Integration with Aani Instant Payment Platform in Collaboration with Al Etihad Payments Company
In a groundbreaking collaboration with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), Ajman Bank has announced its integration with the Aani Instant Payment Platform.
Indian tourists and workers can now pay with UPI at more than 60,000 outlets across the UAE
UPI, one of the most popular payment methods in India, is now available at more than 60,000 outlets across the United Arab Emirates.
Gulf IPO Pipeline ‘Extremely Active,’ EFG Hermes’ ECM Head Says
An equity capital markets boom in the Gulf shows no signs of slowing down, with e-commerce and information technology companies among those expected to go public in the second half, according to the …
UAE’s $30 Billion Alterra Fund Readies Next Round of Deals
A $30 billion fund launched by the United Arab Emirates with the declared goal of funneling billions of dollars into climate finance is readying its next round of investments.Most Read from …
UAE’s $30 Billion Alterra Fund Readies Next Round of Investments
A $30 billion fund launched by the United Arab Emirates with the declared goal of funneling billions of dollars into climate finance is readying its next round of investments.Most Read from …
UAE raises $1.8bln in bids for Q3 2024 Islamic bonds
The UAE has attracted AED 6.76 billion ($1.8 billion) in bids for its bonds under the Q3 2024 sukuk programme. The Islamic Treasury Sukuk (T-Sukuk) offered a spread of 4.77% on the three-year tranche …