Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has reaffirme …
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Open banking: DAPI’s open letter to the UAE Advisory Council
An open letter on open banking, a framework for responsible innovation for banks and the fintech community in the UAE Members of …
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Finding ways to connect with UAE’s unbanked
Digital payment solutions, despite the widespread reach of high-speed internet, have not had it easy, primarily because a large number of this consumer demographic remains unbanked. Image Credit: …
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UAE: Indian honoured for returning bag containing USD 14,000, gold
An Indian residing in Dubai was honoured by the police or returning a bag containing USD 14,000 and gold, a media report said on Saturday. Retesh James Gupta, returned a bag to the police contained …
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Tristar Group defies pandemic, confident of promising outlook
Tristar Group sees a promising outlook despite the coronavirus pandemic and a slowdown in the global economy, and says the group has a “resilient business model” built on long-term contracts, its top …
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IPO rush is mix of carrot and stick
The opinions expressed are their own.) SAN FRANCISCO/NEW YORK – T he rush of companies looking to go public won’t last much longer. The amount raised in U.S. initial public offerings is at its highest …
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Special: UAE makes the switch to digital payments
Presented by Khaleej Times, the event brought together experts from various fields to highlight the changing nature of consumer preferences and their payments options. Ali Allawala, head of Retail …
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United Arab Emirates $2.04 Billion Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics 2015-2019 & 2020-2024
Dublin, Sept. 11, 2020 (GLOBE NEWSWIRE) — The “United Arab Emirates Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) – Market Size and Forecast (2015-2024 …
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The haters won’t admit it, but Trump’s UAE-Israel diplomacy is an extraordinary triumph
Trump, assisted by his advisers, has fundamentally reworked the alliances and conflicts of the Middle East in less than four years.
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UAE’s Breach of OPEC Output Pact Shakes Oil Traders’ Faith
Just when OPEC seemed to have finally mastered the long-running problem of members breaching their oil-output targets, a new offender is emerging.The United Arab Emirates — traditionally a loyal …
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Saudi sovereign fund PIF weighs investing in Ant IPO -sources
Ant, Alibaba’s fintech arm and China’s dominant mobile payments firm, filed for a dual listing in Hong Kong and on Shanghai’s Nasdaq-style STAR Market last month …
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EXCLUSIVE-Saudi sovereign fund PIF weighs investing in Ant IPO-sources
Saudi Arabia’s sovereign fund PIF is weighing a potential investment in the initial public offering of Chinese financial technology firm Ant Group, two sources familiar with the matter said.
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UAE and Pakistani finance authorities join hands to combat money laundering
The Financial Intelligence Unit (FIU) of the UAE has signed an agreement with the Financial Monitoring Unit of Pakistan to combat money laundering and financing terrorism. The MoU signed today by …
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UAE firms can now obtain bank loans against moveable assets as collateral
Ministry of Finance also announces creation of electronic registry to record assets to ensure project financing …
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UAE Minister of State for Financial Affairs participates in UN Finance Ministers meeting
Al Tayer showcased the UAE’s leading regional position on the quest to realise … participated yesterday in the virtual United Nations Finance Ministers meeting to discuss a newly launched initiative …
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UAE moves to boost SME loans with moveable assets law
The United Arab Emirates will allow small and medium-sized businesses to use assets including tools and raw materials as collateral to back loans, in order to encourage lending to them.
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Market cap of second market-listed companies in UAE rises to $2.81bln
The UAE started trading in second markets on 2014 in a move that aimed to boost liquidity for private companies and pave the way for its IPO in the primary market … Abu Dhabi Securities Exchange and …
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