Last month, Dubai-listed Shuaa disclosed it had started talks on a possible merger with ADFG. With the potential merger, ADFG aims to become a regional financial powerhouse with interests in real …
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Kuwait signs financial aid agreement for Bahrain
Kuwait, along with Saudi Arabia and the United Arab Emirates, pledged $10bn in financial aid to Bahrain last year to rescue the country from a potential debt crisis. The ministers of finance of …
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Revealed: how Dubai’s Mashreq is adapting to a new era in banking
Dubai banking major Mashreq on Tuesday unveiled a reimagined branch format as part of its digital transformation strategy. In response to the evolving customer needs, Mashreq Bank said it will now …
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Mashreq unveils digitally enhanced branch in Dubai
Mashreq Bank, one of the leading financial institutions in the UAE, has unveiled a reimagined branch format which blends digital innovation with the services of a traditional branch to allow customers …
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UAE remittance group calls for safer landscape to fight financial fraud
Osama Al Rahma said on Sunday at the annual Anti-Money Laundering (AML) & Operations Heads conference in Dubai that the group aims to establish committees and regular meetings to enhance commitment …
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Emirates NBD wins top award for retail banking
the bank was adjudged the Asian Trailblazer of the Year – Institutional as well as Best Retail Bank – UAE. Emirates NBD was also highly commended in the Best Credit Scoring Innovation category for its …
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UAE bank assets fall 1% in February
Abu Dhabi – Mubasher: The Central Bank of the United Arab Emirates reported a 1% decline in the Emirati banking sector’s total assets by the end of February. Total assets recorded AED 2.909 trillion …
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UAE remittance group vows to fight financial fraud
The UAE’s Foreign Exchange and Remittance Group (Ferg) on Sunday stressed its commitment to purge the emirates from financial fraud through strict compliance with anti-money laundering regulation. At …
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UAE economy rebounds in 2018, but more slowly than expected
DUBAI (Reuters) – The United Arab Emirates’ economy grew by around 1.7 percent in 2018, slower than projected despite a boost from higher oil prices, official preliminary data showed. The UAE …
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FERG Pledges to Purge UAE from Financial Fraud
The financial industry body stresses swift detection and a modern mechanism to combat crime Dubai The UAE’s Foreign Exchange and Remittance Group (FERG) held the third edition of its annual Anti-money …
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Ministry of Finance and Arab Monetary Fund to organise the Arab Regional Tax Forum
Dubai: The Ministry of Finance (MoF) and the Arab Monetary Fund (AMF), in cooperation with the Federal Tax Authority (FTA) and the International Tax and Investment Centre (ITIC), is organising the …
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Abu Dhabi Global Market Forms Strategic Cooperation with Hainan Provincial Government on Financial Development and Growth of Hainan Free Trade Zone
Abu Dhabi, UAE: The Hainan Provincial Government and Abu Dhabi Global Market (ADGM) are pleased to sign a Memorandum of Understanding (MoU) to further boost the economic and financial collaboration …
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Liv. offers banking-meets-lifestyle experience on smartphone
Liv. is the first digital-only bank and the fastest growing bank in the UAE with a special focus on millennial customers, operated and managed by Emirates NBD Group. Established in line with UAE …
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Palmon fund ‘eyeing Dubai industrial, logistics properties’
a renowned hedge fund manager in the Dubai International Financial Centre, to offer an unprecedented opportunity for smaller investors to own income-generating industrial assets across UAE. Group …
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Founders of Dubai Logistics REIT waver on IPO plan
The family behind a Dubai-based real estate investment trust (REIT) focused on the logistics market have changed the structure of the fund and said that they are reconsidering a plan to float it on …
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Deputy ruler opens King’s College Hospital London in Dubai
Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and president of the Dubai Health Authority, has presided over the official opening of King’s College Hospital London …
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Insight Discovery launches Middle East’s first financial advisory aggregator website
UAE. /PRNewswire/ — Insight Discovery, the UAE-based award-winning research, consultancy and communications agency, has announced the launch of its end-to-end financial advisory aggregator website …
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