18.83% of the stock is currently owned by hedge funds and other institutional investors … Bahrain, Hong Kong, and Dubai. The company operates in Treasury, Retail Banking, Wholesale Banking, and Othe…
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Fannie-Freddie Regulator Now Welcomes Lawmaker Input on Revamp
Hedge funds and other investors were hopeful that any plan would allow shareholders to get their hands on Fannie and Freddie’s profits, which now go to the Treasury. Otting’s Wednesday letter is the l…
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Vanguard Group Inc. Acquires 66,967 Shares of HNI Corp (HNI)
71.41% of the stock is currently owned by institutional investors and hedge funds. Get HNI alerts … Hong Kong, India, Mexico, Dubai, and Taiwan. The company’s Office Furniture segment offers a range …
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Credit guarantee scheme for SMEs in UAE launched
Image Credit: Rawpixel on Unsplash Dubai: Emirates Development Bank (EDB) on Monday launched a Dh100 million credit guarantee scheme for small and medium enterprises (SMEs) in the UAE. The new …
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UAE Bank merger: ADCB, UNB and Al Hilal Bank answer your questions
The official website of the three merging banks, ADCB , UNB and Al Hilal who are expected to finalise their merger by mid 2019, has published answers to the most frequent questions being asked by …
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Pope’s visit shows UAE is an outward-looking global business destination
The Pope’s historic visit to the UAE is another symbolic advance in the Emirates becoming a major global business and finance hub, affirms the CEO of one of the world’s largest independent financial a…
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UAE bank offers customers 0% instalment plan for Dubai traffic fines
Dubai Police signed a long-term partnership with Noor Bank to give its customers the opportunity to pay traffic fines in instalments. Under the agreement, Noor Bank credit card holders can pay traffic …
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UAE- NRIs cheer ‘Nava Bharat’ vision
(MENAFN – Khaleej Times) The non-resident Indian community in the UAE welcomed the interim budget presented by newly-appointed Finance Minister Piyush Goyal as a smartly-balanced election-year …
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Total UAE banking reserves rise to $77.1bn
Total reserves at the Central Bank of the UAE increased to AED283.4 billion ($77.1 billion) by the end of November, a growth of 4.3 percent from AED271.6 billion during the same month of 2017. The gro…
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Exclusive: Venezuela plans to fly central bank gold reserves to UAE – source
CARACAS (Reuters) – Venezuela will sell 15 tonnes of gold from central bank vaults to the United Arab Emirates in coming days in return for euros in cash, a senior official with knowledge of the plan …
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Venezuela to sell 15 tonnes of central bank gold to United Arab Emirates: source
Venezuela will sell 15 tonnes of gold from central bank vaults to the United Arab Emirates in coming days in return for euros in cash, a senior official with knowledge of the plan said, in an effort b…
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Dubai Islamic net profit for 2018 hits $1.36bn
Dubai Islamic Bank (DIB), the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, has posted a net profit of Dh5 billion ($1.36 billion) during 2018, up 11 per cen…
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Trade Finance Administrator – UAE – Aburi Composites – DMCC – Dubai Jobs
We are a successful and dynamic company based in London, looking to engage with an UAE based Trade Finance Administrator to support our local UAE DMCC company. Reporting to our Structure Finance Direc…
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UAE telecom operator du announces CFO resignation
UAE telecoms operator Emirates Integrated Telecommunications Company (EITC) – the parent company of du – announced that its chief financial officer, Amer Kazim, has resigned. Kazim …
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Dubai’s du says chief financial officer has resigned
Emirates Integrated Telecommunications Company (EITC) today, better known as du, on Thursday announced the resignation of its chief financial officer, Amer Kazim. The company said Kazim is leaving to …
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UAE’s du announces resignation of chief financial officer
Dubai: Emirates Integrated Telecommunications Company (EITC), the parent company of du, announced on Thursday that its chief financial officer (CFO), Amer Kazim, has resigned. The company said …
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DFSA joins launch of Global Financial Innovation Network
The Dubai Financial Services Authority (“DFSA”) is pleased to announce the launch of the next phase of the Global Financial Innovation Network (“GFIN”) This pilot cross-border testing follows last yea…
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