Members of Dubai’s royal family and the business community paid rich tributes over the demise of prominent Emirati businessman Majid Al Futtaim on Friday night. Majid Al Futtaim, owner and founder of …
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UAE Central Bank and IFSB step up efforts to promote sustainable Shariah finance schemes
The Central Bank of the UAE and the Islamic Financial Services Board highlighted the instrumental role of the Islamic financial industry in global economic recovery and stressed the need to develop a …
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UAE-India free trade deal talks ‘proceeding well’, says top official
India-UAE bilateral relations will see “extraordinary developments” in the coming months, according to India’s Foreign Secretary Harsh V Shringla. UAE-India free trade deal talks ‘proceeding well’, …
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E-scooter firm Lime plans aggressive Middle East expansion
Mobility start-up Lime is planning to launch its e-scooter and e-bike rental service across the Middle East over the next two years.
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Standard Chartered makes key UAE hire as it targets Islamic banking growth
Standard Chartered has announced the appointment of Ali Allawala as head of Islamic banking (Saadiq) for the UAE as it targets growth in the Gulf country. Standard Chartered makes key UAE hire as it …
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Emirates NBD becomes first bank in Saudi to be awarded prestigious LEED® Gold V4 ID+C:CI certification
Dubai: Emirates NBD, a leading banking group in the MENAT (Middle East North Africa and Turkey) region, has announced that its Al Quds branch in …
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Some 13,978 Bahraini nationals invest in UAE’s public shareholding companies: Ministry of Finance
In a statement to the Emirates News Agency (WAM), on the occasion of Bahrain National Day, the ministry said that trade exchange between the UAE and Bahrain in 2020 was valued at AED20.1 billion, …
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UAE, Malta discuss cooperation
Clyde Caruana, Malta’s Minister for Finance and Employment, at Expo 2020 Dubai Leadership Pavilion, to discuss bilateral cooperation and means of boosting trade exchange between both countries. During …
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Dubai Islamic Bank (Public Joint Stock Company)
Dubai Islamic Bank (Public Joint Stock Company)’s (DIB) Issuer Default Ratings (IDRs) are driven by an extremely high probabilit …
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Panic Sellers ‘Practically Giving Away’ Their Bitcoin to Wealthy Buyers, Says Devere Group CEO
Nigel Green, founder and CEO of global financial advisory Devere Group, says bitcoin panic-sellers might be making wealthy buyers richer.
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Dubai Investments makes offer to buy shares in UAE insurance major
Dubai Investments has announced that it has made an offer to shareholders of National General Insurance Company (NGI) to acquire all or part of their shares in the company. Dubai Investments makes …
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DMCC’s Future Of Trade Crypto Report Explores Opportunities In USD 261 Billion Decentralised Finance Sector
DMCC– the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – launched today a special crypto edition of its Future of Trade thought leadership report …
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Region’s largest innovation ecosystem opened in Dubai
Commercial Bank of Dubai, one of the leading banks in the UAE, announced the opening of its Digital Lab at the Dubai International Financial Centre (DIFC) Innovation Hub, the region’s largest …
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UAE: Policybazaar firm encourages start-ups to gather funds
Yashish Dahiya, co-founder and group chief executive of insurance aggregator Policybazaar, mentioned that this age of economic development must encou …
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The UAE is ‘Silicon Valley meeting Wall Street to talk about emerging economies’, IFC says
Silicon Valley and Wall Street, talking about emerging economies”. That is how the International Finance Corporation’s Managing Director Makhtar Diop sees the UAE. Mr Diop is visiting the UAE this …
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Banks in UAE need to ensure full compliance with consumer protection rules: UAE Central Bank
Dubai: Banks in the UAE will need to work closely with the regulator towards “full compliance” on the Consumer Protection Regulations and Standards. Doing so will raise consumer trust in the banking …
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Banks in UAE need to ensure full compliance with consumer protection rules: UAE Central Bank
Dubai: Banks in the UAE will need to work closely with the regulator towards “full compliance” on the Consumer Protection Regulations and Standards. Doing so will raise consumer trust in the banking …
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