Dubai: Gold jewellery fans in the UAE could … chief market analyst at Century Financial. “Gold has a lot of importance in these volatile times in the financial markets and could easily soar …
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Saudi sovereign wealth fund supports Arabian Centres’ IPO
Riyadh – Mubasher: Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF), has reportedly pumped indirect investments in the $747 million initial public offering (IPO) of Arabian Centers, …
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UAE banks provide $2,6bn credit for service companies
Figures recently released by the Central Bank of UAE indicate the steady rise in the total financial assistance received by this sector which amounted to around Dh148.8 billion in 2018 against Dh138.3 …
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Sharjah bank issues coins to mark mosque opening
The Central Bank of the UAE has issued two commemorative coins on the opening of Sharjah Mosque by H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah.
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First Abu Dhabi Bank launches Saudi operations
First Abu Dhabi Bank (FAB), one of the world’s largest financial institutions based in the UAE capital, has officially launched its operations in Saudi Arabia. The new branch, located in Al Cayan …
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Emirates NBD Transforms its Digital Banking with Red Hat-Based Cloud, Winning 2019 Red Hat Innovation Award
Red Hat, Inc. RHT, +0.13% the world’s leading provider of open source solutions, today announced that Emirates NBD, a leading banking group in the United Arab Emirates (UAE), has built a distributed …
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UAE’s fight against food wastage during Ramadan
In 2017, the UAE stepped up its fight against food wastage by setting up the UAE Food Bank and the launch of the #ZeroFoodWaste initiative. The UAE Food Bank aims to cut food wastage and feed the …
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UAE bank ATMs reach 5,279 by end of March
The number of automatic teller machines (ATMs) operated by banks in the UAE, increased to 5,279 by end of the first quarter of the year, as against 5,274 in the same period last year, a media report …
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UAE- Special coins issued for new Sharjah Mosque
(MENAFN – Khaleej Times) The Central Bank of the UAE has issued two commemorative coins on the opening of Sharjah Mosque by H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member …
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Banking lawyer – 6 month contract – leading multinational bank – Dubai Jobs
Some local news is curated – Original might have been posted at a different date/ time! Click the source link for details.
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Emirates Group announces $631m profit for 2018-19 financial year
The business delivered an AED 1.4 billion (US$ 386 million) cash flow from operating activities in 2018-19, which is in line with its enhanced cash balance and puts the business in a solid position to …
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Aster Healthcare launches finance service centre in India
UAE-based Aster DM Healthcare has announced the launch of its finance service centre across all its existing 11 hospitals and upcoming two hospitals across India. These include Aster Medcity Kochi, …
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Dubai’s Drake & Scull hands over files on ‘questionable’ projects
… is being investigated by a forensic audit committee formed by the UAE’s Securities and Commodities Authority. The committee is investigating the reasons for “floundering financial position and …
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UAE- Single mum, electrician win top spots at talent contest
(MENAFN – Khaleej Times) The UAE witnessed the talents of the blue … I have not gone home for the last three years due to financial issues and, now, I cannot wait to use my prize money to …
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Dubai Exports in bid to boost Arab-Africa trade
Dubai Exports, a unit of the Department of Economic Development (DED) in Dubai, and the International Islamic Trade Finance Corporation (ITFC) recently hosted a forum to promote trade and investment …
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Ritz-Carlton, Dubai International Financial Centre, welcomes refreshed Ramadan Majlis
Guests have been invited to celebrate the holy month of Ramadan at the newly designed majlis at the Ritz-Carlton, Dubai International Financial Centre. The iconic Ramadan Majlis returns this year …
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Dubai index’s short-term outlook turns bearish
The Dubai Financial Market general index fell more than 1 per cent and slipped below the 50-day moving average of 2,704. The index closed 1.48 per cent lower at 2,672.61. Bellwether stocks such as …
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