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Tag: hedge fund

Posted on 21/03/2019

Dubai’s biggest bank lists $1bn bond on Nasdaq bourse

Nasdaq Dubai has welcomed the listing of a new $1 billion conventional bond by Emirates NBD, Dubai’s biggest bank. Emirates NBD is the largest issuer of conventional bonds on Nasdaq Dubai with a total …
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Posted on 21/03/2019

Some UAE residents’ credit, debit cards suspended for failing to update Emirates ID details, banks confirm

The move is in compliance with a directive from the UAE Central Bank, which has mandated financial institutions to update identification records of customers within a specified timeframe.
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Posted on 21/03/2019

UAE banks suspend credit, debit cards as customers don’t update Emirates ID

… and debit cards of some customers who haven’t updated their Emirates ID details as per the instructions of the UAE Central Bank. Leading UAE banks such as ADCB, RAK Bank, Emirates NBD and CBI, …
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Posted on 21/03/2019

UAE bank suspends debit, credit cards of select customers

Emirates NBD, the largest bank in Dubai in terms of assets, has suspended credit and debit cards of some customers for not updating their Emirates ID details as per the instructions of the UAE Central …
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Posted on 20/03/2019

Dubai’s message to its people: be tolerant, or else

Since June 2017, Qataris have been barred from the UAE and Dubai-based financial institutions prevented from doing business with Qatar. Meanwhile, the large Iranian business community that has long …
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Posted on 20/03/2019

UAE banks suspend customers who did not share identity documents

UAE banks have suspended services to customers who failed to comply with a Central Bank of the UAE directive to submit their Emirates ID. Emirates NBD and Commercial Bank International confirmed on …
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Posted on 20/03/2019

UAE banks suspend customers that did not share identity documents

UAE banks have suspended customers that failed to comply with a Central Bank of the UAE directive to submit their Emirates ID. Emirates NBD and Commercial Bank International confirmed on Wednesday …
( read original story …)


Posted on 20/03/2019

UAE- Banking sector set to accelerate digital transformation in 2019

DUBAI, 20th March, 2019 (WAM) — From meeting capital requirements to the rise of ecosystem-led business models and the emergence of new devices, channels and technologies, the global banking …
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Posted on 20/03/2019

New ATM set up for visually challenged people in UAE

Crown Prince of Dubai and Chairman of the Dubai Executive Council, aiming to make the emirate a ‘completely friendly place’ for people of determination by 2020. Mohammed Abdullah, CEO of Sharjah …
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Posted on 20/03/2019

CIS Islamic Banking and Finance Forum to be Held in Tashkent- Uzbekistan

Dubai: CIS Islamic Banking and Finance Forum will convene in Tashkent – Uzbekistan on 2 nd May, 2019 to explore and discuss innovative financial inclusion strategies that can create clear pathways to …
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Posted on 20/03/2019

‘UAE fintech sector is a gold mine’

The summit was supported by The Bahrain Economic Development Board, Expo 2020 Dubai, Newgen Software Technologies, OneSpan, Comviva and Daon, will focus on Financial Innovations, Digital …
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Posted on 20/03/2019

ATM launched for people of determination in Dubai

in Dubai has inaugurated an automated teller machine (ATM) for people of determination to enjoy banking services. Maj Gen Mohammad Ahmad Al Merri, Director General of the GDRFA Dubai, witnessed …
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Posted on 19/03/2019

Swedish crowdfunding firm launches operations in Dubai

FundedByMe, a global crowdfunding website that allows companies to raise funds by selling equity, trough equity crowdfunding, has launched operations in Dubai International Financial Centre (DIFC) …
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Posted on 19/03/2019

Finnovex ME to focus on disruptive innovations in banking and finance sectors

The Middle East edition of Finnovex 2019 is supported by The Bahrain Economic Development Board, Expo 2020 Dubai, Newgen Software Technologies, OneSpan, Comviva and Daon, will focus on Financial …
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Posted on 19/03/2019

UAE- Refinitiv MENA Regulatory Summit Debates Impacts of Global Regulatory Change

… of respondents have fallen victim to financial crime in the past five years, while 87% expect their technology to develop over the next two years Dubai, UAE, March 19, 2019:Refinitiv held …
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Posted on 19/03/2019

Afghanistan- UAE, Azerbaijan ready to buy Afghan products: Ghani

UAE Crown Prince Sheikh Mohamed bin Zayed Al … sector by international companies was important and the Ministry of Finance would work on the issue.
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Posted on 19/03/2019

Banking shares see aggressive buying on government move

Dubai: Swing traders were aggressively buying banking shares in the UAE for a second day on Monday as the government decided to consolidate debts that its citizens owed to the government. Traded value …
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