Finance Minister AHM Mustafa Kamal left Dhaka for United Arab Emirates (UAE) for medical checkup on Friday. A flight of Emirates Airlines carrying the minister took off from Hazrat Shahjalal …
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UAE Central Bank joins hands with Dubai Islamic Economy Development Centre to strengthen Islamic banking
Dubai: The Central Bank of the UAE (CBUAE) on Saturday signed a memorandum of understanding (MoU) with the Dubai Islamic Economy Development Centre (DIEDC) to reinforce and expand the reach of the …
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Mashreq, Noon.com launch UAE’s first e-commerce co-branded card
Mashreq noon VIP Visa Credit Card’, the UAE’s first e-commerce co-branded credit card. It will offer customers a wide range of benefits including 3.5 per cent cashback on all purchases at noon, 1 per …
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Expat remittances from the UAE exceed $21bn in first half of 2020
India retains position as top receiving country from expats in the UAE, ahead of the Philippines, Pakistan and Bangladesh …
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Watch: What you need to know about Dubai retirement visa
“If a person owns a property of Dh2 million inside the UAE, or a fixed deposit in a bank of no less than Dh1 million in cash or a fixed retirement salary of no less than Dh20,000, then he or she …
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UAE-Germany form joint task force to explore the potential of 4IR
Looking forward, there is significant potential for taking the bilateral business relations to another level. Covid-19 has been accelerating cultural change not only in the UAE, but also with regards …
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Finance Minister off to UAE for medical checkup
Finance Minister AHM Mustafa Kamal left Dhaka for United Arab Emirates (UAE) for medical checkup on Friday. A flight of Emirates Airlines carrying the minister took off from Hazrat Shahjalal …
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OPEC Output Steady as UAE Cut Offsets Gains in Troubled Members
(Bloomberg) — OPEC’s crude output held steady last month as the United Arab Emirates pulled production back sharply in atonement for recent months of oversupply. The UAE slashed by 310,000 barrels a …
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Dubai’s Yalla brings the majlis to Wall Street with IPO
Dubai social media company Yalla is bringing an online version of the Arab world’s majlis to Wall Street with its initial public offering. The company, which was valued at $1.1 billion at the time of …
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Philippine broadband firm eyes country’s biggest IPO of up to $865mln
The IPO could potentially be the country’s biggest, though regulatory filing prices in the Philippines have often been set far above value and the number of shares offered could b …
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International Holdings is on one hot streak, and UAE investors are watching
Investors are cheering its acquisition spree, which could include some overseas buys too The fallout of Arabetc’s liquidation seems to be muted – at least for today – with DFM closing lower by 0.34 …
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World Bank Ranks Bahrain and UAE Top Arab Nations for Human Capital
The World Bank has ranked the UAE and Bahrain as the top destinations in the Arab world to invest in human capital, according to a new report. The World Bank has ranked the UAE and Bahrain as the top …
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Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws
The following Deep Dive analyzes how the pandemic has affected open banking and privacy regulations in the MENA region and implicated future regulations.
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Chindata Gained 14.5% in Its IPO. Not All the Tech Debuts Did So Well.
Separately, shares of Yalla opened at $9.75 and hit a high of $10.99. In afternoon trading, the stock changed hands at $7.43, down from its $7.50 IPO price. Yalla, of Dubai, is a voice-chat app for …
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Voice chat app Yalla up 30% after NYSE IPO
Dubai voice chat app Yalla (YALA) launched its NYSE debut up 30% to $9.75. Shares are currently up 21% to $9.10.Yalla had priced its offering of 18.6M ADS at $7.50, towards the lower end of its $7-9 …
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Yalla Group Limited Announces Pricing of Initial Public Offering
PRNewswire/ — Yalla Group Limited (“Yalla” or the “Company”) (NYSE: YALA), the leading voice-centric social networking and entertainment platform in …
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DFM plans to launch equity derivatives platform as part of its product offering diversification strategy
A key milestone that will add new impetus to Dubai’s leading position as dynamic capital markets hub” Hassan Al Serkal: “Robust regulatory framework creating an attractive environment for investors …
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