CBI is the first UAE bank to have presence in the Metaverse and among the few early banks in the Middle East and the world as well …
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UAE’s Burjeel Holdings sets final share price; to raise nearly $300mln in IPO
UAE-based private healthcare service provider Burjeel Holdings has set the final price share at AED 2.00 ($0.54) per share potentially raising AED 1.1 billion ($299.5 million) in its IPO. The company …
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Metaverse in Dubai: Airport Freezone to launch METADAFZ
Dubai Airport Freezone is set to be the latest company to join the metaverse in Dubai. Metaverse in Dubai: Airport Freezone to launch METADAFZ Commercial Bank International, DAFZA, Dubai Integrated …
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Commercial Bank International to launch metaverse location
CBI’s virtual location is now open for visitors and can be found in Decentraland at cbi.dcl.eth or (63, -127) using the Decentraland map coordinates …
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UAE: Remittances jump as currencies fall, US dollar surges
“Most expatriates, especially Asians and Europeans residing in the UAE, are taking advantage of a weaker currency … According to statistics released by the World Bank in May 2022, remittance inflows …
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UAE: Burjeel Holdings drums up strong interest for IPO priced at bottom of range
Burjeel Holdings, a private healthcare services provider operating an integrated network of hospitals and medical centres across the UAE and Oman, priced its AED1.1bn (US$300m) IPO at AED2.00 per …
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Top firms to watch out for at Dubai’s Fintech Surge 2022
Fintech Surge 2022, the MENA region’s finance and innovation event, is set to return to Dubai World Trade Centre from October 10-13, 2022. An integral part of Gitex Global 2022, the four-day event is …
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Commercial Bank International is first UAE lender to launch metaverse location
CBI’s virtual location can be accessed by visitors via Decentraland Commercial Bank International is first UAE lender to launch metaverse location Banks and metaverse, Commercial Bank International, …
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UAE: Help! My credit card got hacked and I lost Dh23,000 plus
Regarding the transaction, they asked me to fill a dispute form and email it to their help desk, which I did. Emirates Islamic has returned only Dh15,314.83 to my credit card account on June 20, and …
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UAE investors can ‘mobilise $100bn for sustainable investing’
About 38 per cent of investors in the UAE cited climate change and carbon emissions as their top ESG priority, a Standard Chartered report said. . Ret …
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Dubai records over $539mln in realty transactions on Thursday
DUBAI: Dubai real estate market recorded 418 sales transactions worth AED 1.29 billion, in addition to 92 mortgage deals of AED659.9million, and 13 gift deals amounting to AED34.74 million on Thursday …
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United Arab Emirates Embedded Finance Markets Databook 2022: 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments, 2020-2029
The “United Arab Emirates Embedded Finance Business and Investment Opportunities Databook – 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q1 2022 Update” report has been …
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UAE’s retail investors can raise Dh367b for ESG funding
A new research by Standard Chartered also identified over Dh30 trillion of investable retail wealth that could be channelled into sustainable investments by 2030 to …
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UAE’s top bank FAB in market with 5-year green bonds
First Abu Dhabi Bank has given initial price guidance of 145-150 basis points over U.S. Treasuries for five-year dollar-denominated green bonds expected to price on Thursday, a bank document showed.
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ADIB joins e& enterprise Blockchain platform “UAE Trade Connect”
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced today that it has become an official member of UAE Trade Connect (UTC). As part of the membership agreement, this partnership …
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Is Dubai kissing goodbye to banking?
And where previous cuts have seen junior bankers shown the door, the recent round has included directors and, in Nomura’s case, the head of its investment banking operations in Dubai. The recent …
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Digital first bank, Emirates NBD marks presence at world’s largest tech show, GITEX Global 2022
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region has announced its presence at GITEX Global (GITEX), the …
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