The latest edition of PYMNTS Provider Ranking of Digital Banking Apps shows a fair amount of position-hopping.
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Abu Dhabi’s Mubadala mulling IPO of Yahsat – CEO-designate
Al Yah Satellite Communications Co.’s incoming chief executive officer said its owner is considering an initial public offering of the Abu Dhabi-based firm. “Mubadala Investment Co. is looking at this …
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Rising To The Occasion: Dubai-Headquartered Startup Rise Is Shaking Up The Financial Services Sector
Co-founded by Padmini Gupta and Milind Singh, this fintech startup is on a mission to reimagine financial services provided to the immigrant population.
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Battle of the bases: Dubai, Riyadh head for corporate showdown
Saudi cities still lack proper infrastructure in key areas like transport and banking, and some ministries remain hopelessly mired in bureaucracy. “Riyadh and Jeddah remain light years behind Dubai …
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UN panel accuses Trump ally Erik Prince of violating Libya arms embargo alongside UAE companies
Erik Prince soared to notoriety in 2007 after employees of the controversial security firm he founded shot and killed 17 Iraqi civilians in central Baghdad during the Iraq war.
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Dubai Economy and Aramex Offer Logistic Solutions for Startups and Freelancers
Sector in Dubai Economy has partnered with Aramex, a leading global provider of comprehensive logistics and transportation solutions, to provide holders of the DED Trader licence with customised …
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UAE- Sharjah Islamic Bank proposes 8 percent of cash dividends for shareholders
Sharjah Islamic Bank agreed to distribute 8 percent in cash dividends to shareholders, after the bank achieved net profits of AED405.8 million for the year 2020. This came as the bank held its 45th …
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UN experts: Trump ally, UAE firms violated Libya sanctions
American security contractor Erik Prince, a close ally of former U.S. President Donald Trump, violated the U.N. arms embargo against Libya along with three United …
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UAE investors look at potential opportunities across Maldives
The Abu Dhabi Chamber of Commerce and Industry (ADCCI), in co-operation with the Embassy of Maldives in Abu Dhabi, organised a webinar on Maldives investment opportunities.
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Revealed: Arbuthnot shuts Dubai office as managing director exits
Arbuthnot Latham is to shut its Dubai office at the end of May, less than a decade after launch, Wealth Manager has learned. The division was the private bank’s only outlet outside the UK. Managing …
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Islamic Financing Market to See Huge Growth by 2026: NBAD, Dubai Islamic Bank, Kuwait Finance House, HSBC
Global Islamic Financing Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread) is latest research study released by …
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DP World, UAE Region Achieves 100% Conversion In Customer Transactions, Leveraging Emirates Nbd’s Digital Collections Solution
The region’s smart trade enabler, DP World, UAE Region leveraged Emirates NBD’s digital collection solution to convert 100 per cent of related counter transactions to online collection on its Smart …
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Mad Minute stories from Wednesday, February 17th
MILWAUKEE – The National Bobblehead Hall of Fame and Museum on Wednesday, Feb. 17 unveiled two bobbleheads of the cat who became a viral internet hit. The viral moment came when a Texas lawyer …
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ADEX inks Dhs22m deal to finance UAE’s Jenaan sugar refinery project in Egypt
Egypt-based Emirati firm Jenaan Pipes & Irrigation Systems has secured a Dhs22m ($6m) loan from Abu Dhabi Exports Office (ADEX) to import raw materials from UAE-based Borouge to manufacture and supply …
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UAE: ‘Help! My bank cancelled my credit card after I was made redundant due to COVID-19.’
Bank resolved the issue after Gulf News’ intervention …
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Revealed: Arbuthnot shuts Dubai office as global bank boss exits
Arbuthnot Latham is to shut its Dubai office at the end of May, less than a decade after launch, Wealth Manager has learned. The division was the private bank’s only outlet outside the UK. Managing …
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UAE: National Banks Return Back $3.94 Billion from Stimulus
UAE national banks have returned around AED14.47 billion ($3.94 billion) from the stimulus they had received since March 2020 from the Central Bank of t …
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