First Abu Dhabi Bank (FAB), one of the world’s largest financial institutions based in the UAE capital, has officially launched its operations in Saudi Arabia. The new branch, located in Al Cayan …
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Emirates NBD Transforms its Digital Banking with Red Hat-Based Cloud, Winning 2019 Red Hat Innovation Award
Red Hat, Inc. RHT, +0.13% the world’s leading provider of open source solutions, today announced that Emirates NBD, a leading banking group in the United Arab Emirates (UAE), has built a distributed …
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UAE’s fight against food wastage during Ramadan
In 2017, the UAE stepped up its fight against food wastage by setting up the UAE Food Bank and the launch of the #ZeroFoodWaste initiative. The UAE Food Bank aims to cut food wastage and feed the …
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UAE bank ATMs reach 5,279 by end of March
The number of automatic teller machines (ATMs) operated by banks in the UAE, increased to 5,279 by end of the first quarter of the year, as against 5,274 in the same period last year, a media report …
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UAE- Special coins issued for new Sharjah Mosque
(MENAFN – Khaleej Times) The Central Bank of the UAE has issued two commemorative coins on the opening of Sharjah Mosque by H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member …
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Banking lawyer – 6 month contract – leading multinational bank – Dubai Jobs
Some local news is curated – Original might have been posted at a different date/ time! Click the source link for details.
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Emirates Group announces $631m profit for 2018-19 financial year
The business delivered an AED 1.4 billion (US$ 386 million) cash flow from operating activities in 2018-19, which is in line with its enhanced cash balance and puts the business in a solid position to …
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Aster Healthcare launches finance service centre in India
UAE-based Aster DM Healthcare has announced the launch of its finance service centre across all its existing 11 hospitals and upcoming two hospitals across India. These include Aster Medcity Kochi, …
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Dubai’s Drake & Scull hands over files on ‘questionable’ projects
… is being investigated by a forensic audit committee formed by the UAE’s Securities and Commodities Authority. The committee is investigating the reasons for “floundering financial position and …
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UAE- Single mum, electrician win top spots at talent contest
(MENAFN – Khaleej Times) The UAE witnessed the talents of the blue … I have not gone home for the last three years due to financial issues and, now, I cannot wait to use my prize money to …
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Dubai Exports in bid to boost Arab-Africa trade
Dubai Exports, a unit of the Department of Economic Development (DED) in Dubai, and the International Islamic Trade Finance Corporation (ITFC) recently hosted a forum to promote trade and investment …
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Ritz-Carlton, Dubai International Financial Centre, welcomes refreshed Ramadan Majlis
Guests have been invited to celebrate the holy month of Ramadan at the newly designed majlis at the Ritz-Carlton, Dubai International Financial Centre. The iconic Ramadan Majlis returns this year …
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Dubai index’s short-term outlook turns bearish
The Dubai Financial Market general index fell more than 1 per cent and slipped below the 50-day moving average of 2,704. The index closed 1.48 per cent lower at 2,672.61. Bellwether stocks such as …
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UAE- Registering Emirati government, private sector employees mandatory: GPSSA
The GPSSA official explained that UAE nationals aged between 18 and 60 … on the employer only as the insured does not bear any financial obligation in this case,” she continued, adding that …
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Saudi sovereign fund invests indirectly in Arabian Centers IPO: sources
DUBAI (Reuters) – Saudi Arabia’s Public Investment Fund (PIF … although the investment represents strong government support for the IPO, a second source told Reuters. The IPO of Arabian Centers, …
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Saudi sovereign fund invests indirectly in Arabian Centres IPO -sources
DUBAI, May 10 (Reuters) – Saudi Arabia’s Public Investment Fund … although the investment represents strong government support for the IPO, a second source told Reuters. The IPO of Arabian Centres, …
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The Uber IPO is absurdly overvalued on NASDAQ
as the Facebook IPO did in the summer of 2012. So get real. Get smart. Get short! Dubai property prices will not bottom in 2019 or 2020 The latest bear market in Dubai real estate is now five years …
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