Participants at the meeting called for the continuation of efforts by UAE Banks Federation under the direct supervision and guidance of the Central Bank of the UAE to maintain the highest level of …
Fintech Paymentology, Wio Bank PJSC to Streamline Banking Operations Across the UAE
Wio Bank PJSC is leveraging Paymentology’s in-cloud card issuing … as they share our vision to support small and medium-sized businesses – a vital economic segment in the UAE. This partnership will …
Expo 2020 Dubai projected to add Dh154.9 billion to UAE economy: EY study
Rob Moody, Partner – Transactions & Corporate Finance, EY, said: “As the first World Expo to be held in the Middle East, Africa and South Asia (MEASA) region, Expo 2020 Dubai has yielded substantial …
Dubai announces IPO accelerator to help businesses go public
Last year the Dubai Financial Market saw more than $8bn in IPO activity and the emirate has set ambitious targets for future growth, The Dubai Financial Market (DFM) and Dubai Chamber of Commerce, in …
IMF demanding 3 billion dollars guarantees from UAE, Saudi Arabia: Dar
The lender wants guarantees of three billion dollars from the UAE and Saudi Arabia,’ finance minister told the Senate. Ishaq Dar said that the foreign exchange reserves are improving. ‘We are trying …
UAE keen to invest further in various sectors of Pak economy Envoy
Finance Minister Senator Ishaq Dar on Wednesday said that Pakistan and the UAE are engaged in various areas including energy, refinery, petroleum and trade, however, still a lot of potential is …
DFM and Dubai Chamber launch programme to catapult businesses into IPO track
The Dubai Financial Market (DFM) and the Dubai Chamber of Commerce have launched a programme to help regional private businesses grow and list on the local bourse, building on the momentum of the …
DFM and Dubai Chamber of Commerce launch a comprehensive program to fast-track businesses’ journey to IPO
The Program is supported by 20 regional and global advisors and will be initiated in May 2023 with its first event …
Dubai Financial Market and Dubai Chamber of Commerce launch IPO accelerator programme
The Dubai Financial Market (DFM) and Dubai Chamber of Commerce, in partnership with 20 regional and global advisors, on Thursday announced the launch of an..
UAE participates in the Second Infrastructure Working Group Meeting under the G20 Finance Track for 2023
The meeting sought to discuss the progress made on the group’s work plan for 2023 under the Indian G20 Presidency …
Gulf markets gain on steady oil, receding bank fears
Gulf stock markets opened slightly up on Thursday, tracking Asian peers and oil prices higher, helped by improving investor sentiment as concerns over a recent banking sector crisis eased.
Middle East’s best private bank for digital 2023: Emirates NBD
Emirates NBD has put a strong focus on digital and mobile banking for its private banking clients and wider customer base in 2022.
UPDATE 1-Saudi Arabia’s Al Rajhi Bank to raise $1 bln with sukuk
DUBAI, March 29 (Reuters) – Saudi Arabia’s Al Rajhi Bank is set to raise $1 billion with five-year sustainable Islamic bonds, a document from one of the banks arranging the deal showed on Wednesday.
UAE participates in 2nd Infrastructure Working Group Meeting under G20 Finance Track for 2023
The UAE participated in the second Infrastructure Working Group (IWG) meeting under the G20 Finance Track for 2023, which was held in Visakhapatnam, India, on the 28th and 29th March to discuss the …
UAE leadership change: Full details revealed
The UAE leadership change was made through a series of appointments on Wednesday UAE leadership change: Full details revealed Sheikh Hazza bin Zayed Al Nahyan, Sheikh Khaled Bin Zayed Al Nahyan, …
Dubai Financial Market introduces ‘Omnibus Accounts’ for investors
The Dubai Financial Market (DFM) launched the Omnibus Accounts structure for holding securities as a gateway to accessing investment opportunities for eligible investors for the benefit of more than …
Dubai records over AED2.8 bn in realty transactions Tuesday
Dubai real estate market recorded 504 sales transactions worth AED1.34 billion, in addition to 98 mortgage deals of AED1.26 billion, and 23 gift deals amounting to AED269.13 million on Tuesday, data …