The issuance of these commemorative coins highlights the successes achieved by the ports of Abu Dhabi and their role in the emirate’s maritime sector in the past decades.
The Debt Panel: ‘Can a bank freeze my gratuity and cancel my credit card?’
However, my bank has blocked my final end-of-service settlement and told me to cancel my credit card. I paid the credit card balance in full every month and have significant cash savings in another …
GCC’s share of global IPOs jump to 23% in 2022; UAE leads with 12 companies raising $11bln
Led by the UAE, the GCC’s share in the global initial public offering (IPO) has massively increased in 2022. According to EFG Hermes, out of $91 billion (Dh334 billion) raised through IPOs worldwide, …
Israel’s outgoing finance minister says incoming government will harm economy
Israel’s outgoing finance minister warned on Tuesday that the incoming government would be “very socialist” due to a coalition deal involving an ultra-Orthodox Jewish party and this could cause a …
Zimbabwe Business Council established in Dubai to boost trade volume and business relations
Dubai Chamber of Commerce has announced the establishment of the Zimbabwean Business Council with a main objective of promoting commercial interests of Zimbabwe and Zimbabwean businesses in Dubai. The …
UAE Central Bank cancels insurance broker’s registration
Recently, the institution also imposed financial sanctions on exchange houses for violating the laws and regulations of the country …
Dubai gears up for suburban living boom in 2023
Demand for townhouse and villa communities will continue to rise next year, as families laying down roots in the emirate opt for the trappings of suburban life, say experts. Properties in new …
FAB, Magnati, and PayRow Net partner to create payment solution for Dubai’s Ports
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Dubai on a budget: How to eat, shop and party for less
Get a head financial start this New Year and enjoy Dubai on a budget. Dubai on a budget: How to eat, shop and party for less. . News.
UAE bank deposits grow by 12.6%, highest since 2015
Total deposits in the UAE’s banking system grew 12.6 per cent year-on-year at the end of September, the highest growth rate since February 2015, the Central Bank said.Residents’ deposits grew 15.3 per …
Dubai Chamber of Commerce sets up Fintech & Payments Business Group
Dubai Chamber of Commerce plans to increase the number of economic sectors and activities represented by business groups to 100 by March 2023 …
UAE targets 24,000 jobs in private sector for Emiratis
Ghannam Butti Al Mazrouei revealed that the number of citizens who will be employed in the private sector will exceed expectations in 2023, as the council aims to provide between 22,000 and 24,000 …
Dubai: Man jailed for taking illicit pictures, videos of married couple while they slept in adjacent room
The husband noticed the phone through an opening in the wall and grabbed it from the accused’s hand, following which he immediately informed the police …
UPDATE 1-Sanctions forcing Russia’s Sberbank to close UAE office, company says
This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine (Adds quotes, details) By Alexander Marrow MOSCOW, Dec 26 (Reuters) – Russia’s dominant …
Dubai real estate sector hits $65bn in 88,000 transactions over record-breaking year
Dubai apartments drive property market with 46% year-on-year growth Dubai real estate sector hits $65bn in 88,000 transactions over record-breaking year Dubai real estate, Dubai real estate …
UAE’s Fintech Galaxy acquires Egypt’s Underlie
According to the companies, Underlie’s customer-centric approach and ambition to understand FIs’ needs and pain points to provide them with new proposed revenue streams and tailored products and …
MC Insider: Dubai calling for trader, promoter cousins call truce, financial product flying under the radar and more
There is some good news coming from the industrial suburbs of this western city where the promoter cousins of two firms which are into the manufacturing of cables and pipes, seem to have amicably …