The New York branch will continue to offer correspondent banking and trade finance services. Dubai-listed Mashreqbank has regional offices in Qatar, Bahrain, Kuwait and Egypt and an international …
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Dubai airport begins using biometric tech at security
DUBAI, United Arab Emirates — Passport control looks a little different in Dubai International Airport — the world’s busiest for international travel. That’s because the airport debuted a new “smart t…
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Dubai Islamic Bank posts 8% profit rise for third quarter
Dubai Islamic Bank (DIB), a Sharia-compliant lender, reported an 8 per cent rise in third-quarter net profit, due to strong business performance and efficient management of costs. Net profit attributa…
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United Arab Emirates to Approve ICOs as ‘Securities’ in 2019 to Boost Corporate Funding
The United Arab Emirates (UAE) is pressing ahead with plans to introduce initial coin offerings (ICOs) as means toward fundraising for companies and startups in 2019. In an effort to boost …
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Assistant Relationship Manager – Banca – Noor Bank – Dubai Jobs
• Meet and exceed budgets by acquiring New to Bank customers. • Create and managing a customer portfolio. • Achieve quality business growth through sales calling based on defined objectives. • Emphasi…
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Influx of Chinese banks good for Gulf region: Dubai-based bankers
… at the Dubai International Financial Center (DIFC), the United Arab Emirates (UAE). Tom Lind, senior executive officer for regional corporate finance at Al Ahli Bank of Kuwait’s DIFC branch, prais…
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Dubai-based payments firm Network International mulls IPO
It was reported earier this year that Network International’s owners were working with investment banks Evercore and Citi on the IPO, with one source saying that that the IPO would either be a dual li…
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Qatar Sets Aside $2 Billion in Bid to Rival Dubai Financial Hub
(Bloomberg) — Qatar has allocated $2 billion to attract multi-national companies to its financial center in its latest effort to rival Dubai. Companies that set up a hub in Doha will be provided free …
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Part-Time Finance Lecturer
Metropolitan School of Business and Management UAE – Dubai – Part Time Finance lecturers needed for Finance Training from 11th to 15th of November. 1.Someone who can teach Financial Management modules …
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Century Financial Brokers to offer free investor education to help investors make informed investment decisions
UAE. Financial brokerage firm and online trading service provider, Century Financial, has launched an investor education initiative geared towards helping investors in the region make informed investm…
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UAE picks up 20th spot in nation branding index
Those theme parks and championship golf tournaments aren’t just for fun, they’ve also helped the UAE place 20th in the latest Brand Finance “nation brand” rankings, helped by a gain of 19 …
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Why Saudi crown prince’s 2021 Aramco IPO deadline may be difficult
Since the IPO plan was first announced … “The Sabic deal does add to the value of Aramco, but not enough to close the gap” said Robin Mills, who runs Dubai-based oil consultant Qamar Energy. “Higher …
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Education, health are new ‘darlings’ of investors
“Typically, when we want to go public, we target five to seven years [in the] horizon, but in the case of Right Health we are close to three to five years for its IPO. Listing for Right Health will mo…
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Dubai to offer digital payments on Pundi X technology
emcredit is the Dubai’s first credit bureau which launched operations as a federal corporation established by the Ministry of Finance. emcredit is a 100% subsidiary of the Dubai Department of …
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Improving government finances of UAE support higher spending
According to the Institute of International Finance (IIF), the sizeable fiscal consolidation of the past three years should put the fiscal stance on a more sustainable footing for the UAE over the …
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Jordan signs financial assistance agreements with Saudi Arabia, Kuwait, and UAE
Amman, Oct. 4 (Petra)- In the presence of Deputy Prime Minister and Minister of State, Rajai Muasher, the governments of Jordan, Saudi Arabia, Kuwait and the United Arab Emirates (UAE) signed a number …
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UAE and Saudi Arabia raise their nation brand value
The UAE and Saudi Arabia, both increased the value of their “nation brands” in 2018, based on the strength of their goods and services, investment potential and quality of life, according to the lates…
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