The UAE gross bank assets, including bankers’ acceptances, rallied to Dhs3.172 trillion by the end of January 2021, figures by the Central Bank of the UAE have shown.
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Kalyan Jewellers IPO: Should You Buy It? Expert Take
Kalyan Jewellers Initial Public Offering (IPO) is taking place today. One of India’s top jewellery brands Kalyan Jewellers is offering a Rs 1,175 crore IPO. Out of the total, Kalyan Jewellers is …
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Kalyan Jewllers IPO: Should You Buy It? Expert Take
Kalyan Jewellers Initial Public Offering (IPO) is taking place today. One of India’s top jewellery brands Kalyan Jewellers is offering a Rs 1,175 crore IPO. Out of the total, Kalyan Jewellers is …
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Easy Trip Planners IPO allotment status: Here’s how to check
The initial public offering or IPO share allocation of the Easy Trip Planners will be finalised on Tuesday, March 16, 2021.
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UAE’s Pure Harvest secures new funding for AgTech expansion plan
Smart Farms has its eyes set on scalability and growth after securing $50 million in funding through a sukuk (Sharia-compliant bonds) finance solution led by asset ma …
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Dubai-Based Blockchain Investment Firm IBC Group to Move Headquarters to Toronto, Joining Canada’s Growing Blockchain Eco-System
TORONTO, ON & NEW YORK, NY / ACCESSWIRE / March 15, 2021 / Khurram Shroff, Chairman of Dubai’s IBC Group, has confirmed that the company will move its corporate headquarters to Toronto, the capital of …
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Overall liquidity in UAE banking system back to pre-Covid levels – Central Bank
The governor of the Central Bank of the UAE (CBUAE) said on Monday that the overall liquidity of the UAE banking system has returned to pre-Covid levels. The observation was made during a meeting …
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Liquidity of UAE banking system back to pre-COVID-19 levels: central bank governor
More than 320,000 customers, including individuals, SMEs and other private corporations have benefitted from the TESS scheme so far …
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UAE Banking sector liquidity back to 2019-level: Central Bank Governor
Abu Dhabi: The overall liquidity of the UAE banking system returned to the pre-COVID level according to Abdulhamid M. Saeed Alahmadi, Governor of the Central Bank of the UAE (CBUAE). The Governor …
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Liquidity of UAE banking system back to pre-COVID-19 levels – central bank
DUBAI (Reuters) – Overall liquidity in the United Arab Emirates banking system has returned to pre-COVID-19 levels, the central bank said in a statement on Monday, one-year after launching a stimulus …
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UAE asks listed companies to add at least one woman to board
The five biggest companies listed on Dubai Financial Market PJSC and the Abu Dhabi Securities Exchange have 84 board members, of which only three are women.
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Telegram app is booming, but needs advertisers and $700 million soon
But first Pavel Durov, the Dubai-based Russian émigré who owns Telegram … In a Telegram message, Mr. Durov told the Journal that he preferred an IPO to funding from venture capital firms. “Going …
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UAE-listed companies now require at least one woman to sit on boards
The emirates have recently sought to increase female representation in the workforce. The UAE Central Bank and Aurora 50, a social enterprise focusing on achieving gender-balanced boardrooms in the …
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AI: The future of finance
With Oracle’s Money & Machines report revealing that 70 percent of people in the UAE trust robots over humans to manage finance, we look at how AI-driven tools are changing the role of corporate finan …
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UAE-GCC states trade exchange at $62bln in 2019
The trade exchanges between the UAE and GCC states amounted to around AED229 bn in 2019, a 4 percent growth on 2018, according to Younis Haji Al Khouri, Under-Secretary of the Ministry of Finance (MoF …
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New master plan will help Dubai grow into ‘global city for the future’
HSBC research predicts that the most successful global cities will be the ones that prioritise sustainable innovation, empowering human capital, and supporting new flows of trade …
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UAE stock investors do a bit of profit taking early Monday
Dubai and Abu Dhabi stocks eased back in early trade on Monday, with banking and real estate stocks leading the losses after three days of rally lured investors into booking profits on their positions …
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