Credit Suisse Group AG is hiring Morgan Stanley dealmaker Tara Luthra to help expand its investment banking operations in the Middle East, according to people familiar with the matter.Luthra will …
( read original story …)
UAE support helps 272k bank customers
More than 272,000 customers of banks, including 260,000 individuals and 9,527 SMEs have benefitted from the AED50 billion ($13.61 billion) Targeted Economic Support Scheme provided by the UAE’s …
( read original story …)
UAE- National economy is strong and resilient to overcome crises: Al Khoori
Secretary of Ministry of Finance, has said that the UAE has proven itself to be a model to the world when it comes to dealing with the novel coronavirus, Covid-19, thanks to the guidance of the …
( read original story …)
UAE businesses explore Panama’s competitive advantages
Recent Dubai Chamber webinar attended by Panamanian Minister of Private Investment and 58 public and private sector stakeholders from the UAE and abroad …
( read original story …)
First Abu Dhabi Bank joins Middle East lenders in raising provisions
Banks in the Gulf region are raising provisions to offset an expected increase in sour loans due to the twin shock of plunging oil prices and the coronavirus fallout …
( read original story …)
Gold price surge blessing in disguise for Indonesia
The recent surge in gold prices could be a boon for Indonesia, despite the economic risks that loom behind the spike in demand for the safe haven commodity. The price of bullion touched its highest …
( read original story …)
The United Arab Emirates fisheries and aquaculture market is projected to register a CAGR of 4.7% during the forecast period (2020-2025
New York, July 28, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “United Arab Emirates Fisheries and Aquaculture Sector – Growth, Trends and Forecast (2020 – 2025 …
( read original story …)
UAE economy is strong and resilient to curb crises: Official
Secretary of Ministry of Finance, has said that the United Arab Emirates has proven itself to be a model to the world when it comes to dealing with the novel coronavirus, COVID-19, …
( read original story …)
Network International to acquire Africa’s leading online commerce platform DPO for $288m
Acquisition to accelerate Network’s Africa growth through online payments and mobile money Dubai: Network International Holdings plc, the Dubai headquartered enabler of digital commerce across the …
( read original story …)
Instinctif, Advert One complete IPO advisory role for Amlak International
RIYADH — Instinctif Partners and Advert One have completed their role in providing strategic communications counsel and public relations to Saudi Arabia’s leading non-bank real estate lender, Amlak …
( read original story …)
KKR’s corporate lending arm to merge with NBFC startup Incred Finance; to emerge as largest shareholder
KKR’s investors including the US-based Teacher Retirement System of Texas and UAE’s sovereign wealth fund Abu Dhabi Investment Authority will become the largest investors in the merged entity.
( read original story …)
Abu Dhabi Commercial Bank cuts employees
Speculation is that these job cuts number around 400 staffers Dubai: Abu Dhabi Commercial Bank (ADCB) is letting go hundreds of employees – the latest in a round of lay-offs by regional banks as …
( read original story …)
The Business Of Social Media Influencers In The UAE
We look into how the business of influencers is operated in the UAE and what legal ramifications could be in store for an influencer’s failure to influence.
( read original story …)
BCCI writes to UAE ahead of proposed 2020 IPL move
The Indian Premier League is close to a temporary move to the United Arab Emirates amid the coronavirus pandemic.
( read original story …)
Air India Express Opens Booking for Repatriation Flights to UAE Starting from August 1
The last repatriation operations to the UAE was announced by the Ministry of Civil Aviation on July 9 with international flights to the destination between July 12 and July 26.
( read original story …)
UAE’s courier market set to grow by 7.5% annually
Referring to latest research data released by Mordor Intelligence, they said CEP market in the UAE is expected to post 7.5% compound annual growth rate between 2020 to 2025. They said growing …
( read original story …)
Central Bank of UAE to press on with measures that support growth and digital banking
The Central Bank of the UAE will continue to focus on the financial and fiscal stability during the current crisis, supporting economic growth, countering inflation and boosting the country’s foreign …
( read original story …)