The UAE has strongly condemned and expressed its strong denunciation … growing the business into a multibillion-dollar company involved in finance, housing, manufacturing and the media.
Dubai’s Shuaa to Liquidate Its $100 Million SPAC
The Dubai-based asset management and investment banking platform Shuaa Capital’s [1]board of directors approved liquidating the $100 million Special Purpose Acquisition Company (SPAC) amid unstable …
Russian gold floods into Hong Kong after UAE cracks down on illicit activity
Russian gold shipments to Hong Kong have soared to 68 tons so far this year, four times the amount for all of 2022.
Dubai Taxi To Launch IPO By December – Dailynewsegypt
Dubai Taxi Corporation, a mobility solutions provider, plans to list its shares on the Dubai Financial Market (DFM) by December 2023. …
Dubai International Chamber launches new international representative office in Frankfurt, the financial capital of the Eurozone
one of the three chambers operating under the umbrella of Dubai Chambers, has enhanced its growing presence in Europe with the inauguration of a new international representative office in Germany.
After UAE guarantee, Pakistan expects 2nd tranche of IMF package this week
International Monetary Fund chief Kristalina Georgieva confirms development as Islamabad expects to get $710M in 2nd tranche ‘very soon’ …
The Finance Today Summit 2023 hosting top trends shaping the transformation of finance
The Finance Today Summit 2023 offers a valuable opportunity to network, share knowledge, and explore emerging trends in the financial sector. The event is expected to attract significant attention …
UAE payments revenue to hit $19.8bn by 2027, says BCG
Growth in the UAE’s payments space is being fueled by a surge in digital transactions and technological advancements such as generative AI.
UAE anti-money laundering chief praises Singapore’s S$2.8B bust
SINGAPORE: The director-general of the UAE’s Executive Office of Anti-Money Laundering and Counter-Terrorism Financing, Mr… The post UAE anti-money laundering chief praises Singapore’s S$2.8B bust a …
Dubai branded residences boom; UAE Green Residence Visa; Emirates IPO – 5 trending stories to read today
Emerald Palace Group has announced a partnership with Raffles Branded Residences to unveil “The Contemporary Collection” of Raffles The Palm Residences and Penthouses on the West Crescent of Palm …
Mohammed bin Rashid meets with global banking leaders participating in the 2023 International Monetary Conference
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today met with global banking leaders participating in the International Monetary …
Live news: Hedge funds Millennium and Schonfeld end partnership talks
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Elevating customer loyalty in the UAE: Strategies for Banks
In a fast-evolving technological landscape, where accessibility is becoming more seamless, and an increase of digital tools is enabling companies to serve better their customers – a new wave of …
Emirates IPO: ‘That is the government’s decision,’ says Sheikh Ahmed
I don’t think Emirates and flydubai will not give me a chance to think about any other airline,” Sheikh Ahmed said …
Dubai Airshow 2023: First Class to stay crucial for Emirates, says Sheikh Ahmed
Commenting on when and if the Emirates Group would consider an initial public offering (IPO), Sheikh Ahmed said, “I think it is a good thing to see there would be ten companies in Dubai that would IPO …
Dubai real estate sector records $735mn worth of property deals on Monday
According to data from the Dubai Land Department, the transactions included 430 sales, with land sales reaching AED1.31 billion and apartment and villa sales totaling AED930.64 million …
‘Largest margin erosion in banking history’: Comyn stands firm in mortgage war
CBA boss Matt Comyn is standing his ground in the mortgage wars, even as analysts tip the bank will need to blink on pricing amid its declining share of the mortgage market.