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Posted on 03/09/2020

UAE moves up two spots in Global Innovation Index to 34th position

The UAE – the Arab world’s second-largest economy – jumped two places in the Global Innovation Index 2020 to rank 34th out of a total of 131 countries. The index, released on Wednesday by the World …
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Posted on 03/09/2020

UAE’s Ministry of Finance launches next phase of Mohammed Bin Rashid Innovation Fund

The new phase will focus on the fund and its programmes operating under one national umbrella The UAE’s Ministry of Finance is launching the next phase of the Mohammed Bin Rashid Innovation Fund …
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Posted on 02/09/2020

Stop or suspend West Bank annexation? Devil in the detail for Israel-UAE deal

A difference between English and Arabic versions of a trilateral statement after an historic flight from Israel to the UAE has been seized upon by Palestinians to suggest the Gulf state has overstated …
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Posted on 02/09/2020

DFM honours 8 brokerage firms with five star rating during the second round of its brokers’ excellence scheme

Hassan Al Serkal, CEO of DFM, and Hamed Ali, CEO of Nasdaq Dubai and Deputy CEO of DFM, presented the Five Stars Rating certificates to 8 brokerage firms …
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Posted on 02/09/2020

UAE’s digital cash platform klip set for launch

Emirates Digital Wallet set to boost cashless transactions across the country Dubai: The nationwide initiative – jointly set up by 15 of the UAE’s leading national banks – aims to drive digital …
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Posted on 02/09/2020

UAE’s largest lender set to start talks on Israeli banking tie-ups

… Bank says to talk with Bank Hapoalim and Bank Leumi to forge cooperation in the financial sector First Abu Dhabi Bank, the UAE’s biggest lender, plans to start talks with Bank Hapoalim and Bank …
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Posted on 02/09/2020

First Abu Dhabi Bank to Start Talks With Israeli Lenders

First Abu Dhabi Bank PJSC plans to start talks with Bank Hapoalim and Bank Leumi to forge cooperation in the financial sector as the United Arab Emirates and Israel normalize their relations.
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Posted on 02/09/2020

DMCC, Emirates NBD partner to boost ease of doing business in Dubai

Suvo Sarkar, senior executive vice president, and head of Retail Banking and Wealth Management, Emirates NBD, added: “Emirates NBD is committed to supporting initiatives that enhance the ease of doing …
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Posted on 02/09/2020

Israel, UAE sign protocol of understandings on banking, finance

We will soon announce additional agreements in aviation, tourism, trade and others,” says Israeli Prime Minister Benjamin Netanyahu.
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Posted on 02/09/2020

First Abu Dhabi Bank will open discussions with Bank Hapoalim and Bank Leumi – statement

First Abu Dhabi Bank, the United Arab Emirates’ largest lender, will open discussions with Israel lenders Bank Hapoalim and Bank Leumi, FAB said on Tuesday, after the signing of a memorandum of …
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Posted on 02/09/2020

Israel, UAE sign first agreement on investment, financial services

Israeli Prime Minister Benjamin Netanyahu said announcements in aviation, tourism, trade and other areas of mutual interest will follow.
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Posted on 01/09/2020

Israel, UAE sign first agreement on finance, including blocking funds for terror

Countries to form joint committee to advance reciprocal investments; Netanyahu welcomes memorandum of understanding, says more will come …
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Posted on 01/09/2020

UAE, Israel agree to establish committee for banking and financial cooperation

ABU DHABI – Abdulhamid Saeed Alahmadi, Governor of the UAE Central Bank, and Ronen Peretz, Director-General of the Israeli Prime Minister’s Office, have signed a Memorandum of Understanding, MoU, for …
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Posted on 01/09/2020

UAE, Israel to form bilateral committees for banking

Abdul Hamid Mohammed Saeed Al Ahmadi, Governor Central Bank of the UAE, and Ronen Barts, Director General of the Israeli Prime Minister’s Office, today signed a memorandum of understanding for future …
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Posted on 01/09/2020

UAE offical says annexation of West Bank will not end normalisation deal

UAE says it gained US and Israeli assurances that annexation is halted but that such a future move would not end relations …
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Posted on 01/09/2020

PM welcomes UAE banking agreement, ‘more agreements to follow soon’

Responding to the signing of a banking agreement between Israel and the United Arab Emirates, Israeli Prime Minister Binyamin Netanyahu expressed his satisfaction with the development. “This agreement …
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Posted on 01/09/2020

UAE’s ADNOC Distribution board to name new CFO -statement

The board of directors of ADNOC Distribution will appoint Mohamed al-Hashimi as chief financial officer, effective Sept. 30, the company said in a statement on Monday. Adds detail CAIRO, Sept 1 …
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