Dubai headquartered Emirates NBD is creating a bank of the future with artificial intelligence (AI) at its core. The bank is using technology, including machine learning services from Amazon Web …
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UAE Central Bank bites bullet on growth, but better news is to come
There is a 50 billion dirham ($13.6 billion) economic stimulus package in place in the capital. (Reuters) Last week the Central Bank of the UAE surprised economics analysts with a big downgrade of its …
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UAE Bank Issues 100 Dirham Note Features Sheikh Zayed Bridge
Earlier in 2018, the UAE Central Bank introduced new features for the Dh100 note and also added a new image for some series, which replaced the Dubai Trade Centre with the Shaikh Zayed Bridge in Abu …
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Debt and aggressive credit card selling among top UAE consumer complaints, says Central Bank
The five top consumer complaints raised by banking customers in the Emirates relate to debt, delays, aggressive credit card selling, as well as bank account and remittance issues, according to the …
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Bank of Baroda: Ode to development
As recognition, Modi was recently awarded the Zayed Medal, the highest civilian honour by the UAE. The dirham-rupee boost In the banking sector, notably the finance arena, the leaders of both …
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Ex-Hedge Fund Workers Deny Role In $1.9B Danish Tax Fraud
The three former workers at Solo Capital Partners Ltd., a U.K. hedge fund run by the alleged architect of a $1.9 … Anupe Dhorajiwala, chief operating officer of Solo Capital’s Dubai-based unit, …
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Have you seen the new Dh100 bank note?
The Dh100 bank note was pushed into circulation by the UAE Central Bank in 2018, and has been recently spotted by residents. Image Credit: Supplied Dubai: Eid is coming right round the corner …
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UAE tops in GCC bank assets with $682B
(MENAFN – Khaleej Times) The UAE continues to boast the biggest share of total listed bank assets in the GCC at $682 billion or 31.3 per cent of the total GCC banking assets, a leading investment …
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UAE- Mashreq launches banking services on WhatsApp
(MENAFN – Khaleej Times) Mashreq Bank has launched banking services on WhatsApp, which will allow existing as well as potential customers to interact with the bank quickly and easily. This …
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UAE- How data and analytics can improve HR, finance collaboration
(MENAFN – Khaleej Times) Today’s talent economy is evolving faster than ever before with new generations entering the workforce and emerging technology driving growth across nearly every industry. …
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How the UAE is leading the way for green financing in the GCC
Additionally, GCC governments are laying the groundwork for a green finance sector to support sustainability targets. In October 2018, legislation came into force in the UAE that provides a …
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UAE first regionally, fifth globally in competitiveness
The UAE came first globally in Management Practices, second in International Trade, Productivity and Efficiency, Basic Infrastructure, Attitudes and Values and third globally in Public Finance and Tax …
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Revealed: the most sought-after jobs in the UAE
Robert Half UAE has revealed that analysts, developers and finance managers top the list of in-demand roles for 2019 as employers focus on digitalisation. According to its 2019 Salary Guide, over half …
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UAE tops in bank assets in GCC at $682b
The UAE continues to boast the biggest share of total listed bank assets in the GCC at $682 billion or 31.3 per cent of the total GCC banking assets, a leading investment bank said. The growth in …
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UAE cabinet decision on fee abolition to have positive impact on economy
managing director of asset management at Menacorp Finance. UAE businesses welcome [the] cabinet decision of the government to reduce fees for a number of federal services. Initiatives of this …
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Remittances from UAE up in 2018
Remittances from the UAE grew three per cent or Dh4.8 billion to Dh169.2 billion in 2019, as compared to Dh164.4 billion in the previous year with more residents remitting money through exchange …
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Saudi Arabia leads Mena IPO market
Dubai: In the first quarter of 2019, Saudi Arabia led the Mena IPO market raising a cumulative value of $58.3 million in capital, contributed by the listing of Saudi software and services company, Al …
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