Adnoc’s $12.76 billion (Dh47 billion) brand value witnessed a 19 per cent increase over the previous year and a 174 per cent increase since 2017, said an Adnoc statement on Wednesday. Adnoc ranked the …
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UAE’s National Bank of Fujairah reports 124.2% rise in net profit for 2021
UAE lender National Bank of Fujairah (NBF) reported a net profit of Dhs115.2m for the year ended December 31, 2021, marking a 124.2 per cent increase, compared to a loss of Dhs475.3m recorded in 2020.
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Emirates NBD’s 2021 net profit up 34% to Dh9.3 billion, reinforcing UAE’s growth rebound
Significant decline in loan impairments and rise in income boosted full year profit Dubai: Emirates NBD’s net profit jumped 34 per cent to Dh9.3 billion in 2021, demonstrating the resilience of the …
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How Saud Ahmed Ibrahim Ahmed’s Leading UAE Security Company Technical Support Secure Websites & Electronic Accounts Exposes Computer Virus Attack
Cyber security analyst Saud Ahmed Ibrahim Ahmed has spoken of how his company (Technical Support Secure Websites & Electronic Accounts) stopped a potential ransom virus attack on a client’s computer.
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Dubai offers full support to financial markets to post higher growth
Dubai Mercantile Exchange was able to gain the confidence of major oil producers and consolidate its position as the most reliable source of oil pricing in the …
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Four of UAE’s SWFs in world’s top 20 largest funds
Four of the UAE’s sovereign wealth funds (SWFs) appear on the world’s top 20 largest funds list, said leading financial services PR firm Financepr.com in a new report, adding that the country seems …
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UAE Core Banking Solutions Market Analysis by Size, Share, Growth, Trends, and Forecast, 2021 2027
UAE Core Banking Solutions Market 2022 PORTLAND, OREGON, UNITED STATES, January 24, 2022 /EINPresswire.com / — Allied Market Research pu …
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UAE – Abu Dhabi Islamic Bank appoints new head of private banking
Dr Amer brings over 20 years of experience in the banking industry, primarily in wealth management and business development. by A Staff Reporter …
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UAE: Gold prices rise ahead of Fed meeting, Russia-Ukraine conflict
Gold prices were flat on Tuesday morning, as investors looked for interest rate hike cues from the US Federal Reserve’s meeting, while safe-haven bullion was buoyed by risk-off trades over concerns of …
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UAE – Ajman Bank to provide Dh152 million in financing for Aljada
Ajman Bank has signed a financing agreement with local developer Arada that will provide Dh152 million to finance the construction of two key projects within the fast-growing Aljada mixed-use …
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UAE Intercepts Two Ballistic Missiles Over Abu Dhabi Fired From Yemen
Most Read from BloombergCrypto Crash Erases More Than $1 Trillion in Market ValueMorgan Stanley’s Slimmon Warns Against Buying Growth-Stock DipU.S. Futures Rebound With Focus on Fed Tightening: …
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How to drive your UAE-registered car in India for up to six months
Permanently moving your car to India is a much costlier approach wherein you end up paying at least 125 per cent of the value of your car in taxes and other fees in India. This al …
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Dubai tribunal upholds ban and fine of ex-DIFC based banker
Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.
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For Goldman, Saudi Arabia will remain king of Mideast IPO deals
Tadawul All Share Index is up 8 percent this year, making it one of the world’s best performers, data compiled by Bloomberg show For Goldman, Saudi Arabia will remain king of Mideast IPO deals Capital …
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Dubai financial tribunal upholds $175,000 fine against ex-DIFC based banker Gilles Rollet
Dubai: Dubai’s financial services watchdog DFSA confirmed that an enforcement action taken against Gilles Rollet, a former director at a DIFC-licensed firm. Rollet, formerly with La Tresorerie Ltd., …
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Abu Dhabi Islamic Bank appoints new Head of Private Banking
He joins ADIB from the Ministry of Foreign Affairs (MOFA) where he was the Director of Financial Affairs. In addition to his recent work with MOFA, he has extensive experience working in major banks …
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GCC IPO pipeline remains strong in 2022: Kamco
The maiden offerings’ pipeline in the Gulf Co-operation Council (GCC) remains strong for corporate and sovereign assets, according to Kamco Invest, a leading regional economic think-tank.
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