Tag: hedge fund

There are 49 banks under the auspices of the Central Bank of the United Arab Emirates’ (CBUAE), of which 27 are foreign banks, 22 are national banks and seven are local banks that follow Shari’a …
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It “considers the UAE and MENA region as a key market and remains fully committed to continue serving clients based there.” The bank employees about 200 staff in the Dubai International Financial …
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Dubai: Liv., the digital-only lifestyle bank by Emirates NBD, today announced a donation of AED 50,000 to UAE-based global philanthropic organisation Dubai Cares, as part of a charity campaign. The …
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According to numerous studies conducted by official authorities, such as the Federal Competitiveness and Statistics Authority, the percentage of digital banking users in the UAE rose to 90 percent …
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Dubai: Equity traders in the UAE are ditching expensive banking shares and opting for relatively cheaper real estate stocks. Emaar Properties shed 22 per cent from April through May and has been …
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The Dubai Land Department (DLD) has reached an agreement with the Arab Bank for Investment and Foreign Trade (Al Masraf) to manage and service the Owners Association (OA) accounts. The MoU was signed …
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Emirates NBD, the United Arab Emirates’ second-biggest lender, Standard Chartered, Dubai Islamic Bank, Abu Dhabi Islamic Bank, Dubai’s Department of Finance and the National Bonds Corp. are among …
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The arrangement allows corporate clients of Standard Chartered Bank to deposit cash in their accounts through the 150+ UAE Exchange branches located across the UAE Through this extended partnership, …
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Amlak Finance PJSC is nearing a deal to restructure debt for a second time as the Dubai-based Islamic mortgage provider navigates an ongoing property slump, according to two people with knowledge of …
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Dubai: Courts in Dubai and Northern Emirates will now have qualified court banking experts to assist judges in bank-related cases. The move comes after the United Banks Federation (UBF) launched …
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Our CMO Daniele Mensi on stage at the 3rd Annual Global Blockchain Congress in Dubai The 3rd Annual Global … where +100 institutional investors, hedge funds, high network individuals, venture …
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Noor Bank, the Dubai-based Shari’ah-compliant bank, has enriched its customer loyalty programme with the launch of the Noor Bank Infinity Treats app. Noor Bank debit and credit card customers can …
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Dubai: Levels of asset growth in the UAE banking system and loan exposures to various sectors of the economy are within the risk absorption capacity, and do not pose any imminent systemic threat …
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The Dubai Financial Services Authority (DFSA) is warning about a fraudulent scam which offers easy loan approvals in return for a fee. The scammers – going by the name Skyo Microfinance Bank Limited – …
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(MENAFN – Khaleej Times) Noor Bank entered a successful collaboration with Azimut (DIFC) to launch the largest US-dollar Islamic fixed maturity plan (FMP) in the UAE under a Dubai International …
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The UAE’s banking system continues to remain strong enough to weather global macro-financial risks. That was what the 2018 stress tests on the country’s banking sector revealed. It should come …
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Dubai, United Arab Emirates: The nature of banking within the UAE has transformed significantly within the last decade. With smartphone penetration in the UAE being the highest in the world, there has …
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