Retail investors could be the key to unlocking finance for Environmental, Social and Governance (ESG) priorities if barriers are addressed …
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Dubai records over $436mln in realty transactions on Wedensday
DUBAI: Dubai real estate market recorded 401 sales transactions worth AED 1.4 billion, in addition to 91 mortgage deals of AED 156.13 million, and 19 gift deals amounting to AED49.85 million on …
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UAE: 4 instances when Indian nationals can get a visa on arrival
Citizens of Gulf countries don’t need a visa to enter the UAE, while over 70 nationalities can get a visa on arrival in the …
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Dubai homes built on cryptos a legal trap
With the Reserve Bank of India (RBI) imposing a shadow ban on cryptos and the finance ministry almost taxing the asset to death, many high net-worth individuals (HNI) investors have moved their …
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Saudi Arabia’s PIF expected to raise $2.5-2.75 bln with debut bonds
REUTERS/Ahmed Yosri/File Photo DUBAI, Oct 5 (Reuters … Middle East Most Gulf markets in red ahead of OPEC+ meet, article with image 1:49 PM UTC Markets Hedge funds suffer $32 bln of outflows in Q2 …
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Ajman Bank Signs Agreement with VaultsPay to Implement Innovative Payment Solutions
Ajman Bank has signed a partnership agreement with VaultsPay, a UAE Fintech Company to build and implement a highly innovative payments value proposition for businesses and individuals in the UAE.
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Thai inflation rate slows in September, central bank seen hiking further
People wearing face masks shop for street food in Chinatown amid the spread of the coronavirus disease (COVID-19) in Bangkok, Thailand, January 6, 2021. REUTERS/Athit Perawongmetha …
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Burjeel raises over $300 million in oversubscribed IPO, driven by ‘strong demand’
The IPO saw a strong demand from investors in the UAE, and the company sold over 550.7 million shares at a share price of AED2 Burjeel raises over $300 million in oversubscribed IPO, driven by ‘strong …
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UAE participates in 117th meeting of GCC Financial and Economic Cooperation Committee
Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, yesterday headed the UAE delegation participating in the 117th meeting of the GCC Financial and Economic Cooperation Committee, …
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Ajman Bank signs agreement with VaultsPay
Mr. Mohamed Amiri, Chief Executive Officer, Ajman Bank, said, “We are glad to collaborate with VaultsPay as part of our ongoing commitment to strengthen the payments infrastructure with the most …
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UAE: ADIB Amwali sees rapid growth in the first year of its operation
When Amwali was first introduced in August 2021, it was intended to empower youth to develop financial management skills early in life. Over the past year, ADIB witnessed that youth are inclined …
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UAE: Is it profitable to buy physical gold or put my money in gold-tracked investments?
Apart from buying physical gold, investors have options like gold bond, ETF or mutual fund Gold investment is … Image Credit: Shutterstock Dubai: Gold investment is a traditional form of …
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Hospital operator Burjeel sets IPO price at low end, to raise $300 mln
Abu Dhabi-based hospital operator Burjeel Holdings said on Wednesday it expected gross proceeds of about 1.1 billion dirhams ($299.51 million) from its initial public offering, after it set the share …
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Burjeel IPO: UAE healthcare provider raises $300m from oversubscribed offering
Victor Besa / The National A medic at Burjeel Hospital in central Abu Dhabi holds a dose of a vaccine developed by Chinese drug maker Sinopharm. Victor Besa / The National . Ab …
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UAE non-oil economy activity levels increase amid robust demand growth
The UAE economy continues to record strong growth, with its non-oil sector expanding despite a global slowdown. AFP . The UAE …
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Former Lebanese ambassador holds sit-in at Beirut bank amid new wave of heists
Brazil and the UAE and is currently the honorary consul of Ireland in Lebanon – is refusing to leave the bank in Hamzieh after the branch declined to give the diplomat the usual amount he withdr …
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Dubai Financial Market welcomes IPOs raising over $56bln in 9 months
Dubai – The Dubai Financial Market (DFM) welcomed new initial public offerings (IPOs) worth AED 208.20 billion ($56.70 billion) during the first nine months (9M) of 2022. These IPOs aim to support …
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