Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and president of the Dubai Health Authority, has presided over the official opening of King’s College Hospital London …
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Insight Discovery launches Middle East’s first financial advisory aggregator website
UAE. /PRNewswire/ — Insight Discovery, the UAE-based award-winning research, consultancy and communications agency, has announced the launch of its end-to-end financial advisory aggregator website …
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Belarus, UAE to collaborate in developing financial market infrastructure
MINSK, 29 March (BelTA) – Belarus’ Finance Ministry and the Ministry of Finance of the United Arab Emirates have signed a memorandum of understanding that provides for cooperation in financial …
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UAE Banks Federation reviews 2018 key plans, achievements
Presided over by AbdulAziz Al Ghurair, Chairman of UAE Banks Federation, the meeting involved discussions around the latest themes in the local and global banking sector, including innovation, …
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UAE’s GDP set to expand 3.5% this year: Dubai Customs
Finance and Administration Division, and Edris Behzad, Director of Client Happiness Department and the Council’s rapporteur. Dubai Customs has recently hit a record by scoring 97.49 percent on Smart …
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India’s Federal Bank to offer blockchain based remittance solutions to NRIs
Dubai: Federal Bank, an Indian private sector bank, on Thursday launched two technology based remittance variants in the UAE enabled through partner exchange houses and banks for making remittance …
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India’s IL&FS to sell overseas stakes, including UAE
ITNL Infrastructure Developer LLC, another subsidiary of IL&FS, has been implementing a project of the Dubai Supreme Court Project, the first Private Finance Initiative Project in the transport …
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Dubai’s 950MW solar park Phase IV reaches financial close
Mott MacDonald, a leading engineering, management and development consultancy, said the 950MW Mohammed bin Rashid Al Maktoum solar park Phase IV, the world’s largest dispatchable solar energy project, …
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Enhancing the quality and efficiency of financial planning in the UAE
What are the developments related to restructuring the federal budget procedures and applying zero-based budgeting (ZBB)? The most significant developments related to restructuring of the federal …
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Dubai’s Long-Awaited Stats Showed Weakest Economy Since 2010
“The weakening in economic activity was already being seen in a number of proxy indicators,” said Monica Malik, chief economist at Abu Dhabi Commercial Bank. “Looking forward to 2019, we believe that …
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Board of Directors of UAE Banks Federation approves priorities and strategic plan for the year ahead
Despite regional and global volatility and uncertainty, UAE’s GDP is projected to grow at 3.5% this year, while the local banking sector, marking sufficient liquidity and capital adequacy of ~18%, is …
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Dubai’s Long-Awaited Stats Show Economic Growth Slowed Below 2%
“The weakening in economic activity was already being seen in a number of proxy indicators,” said Monica Malik, chief economist at Abu Dhabi Commercial Bank. “Looking forward to 2019, we believe that …
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Dubai digital bank Liv launches AI-powered chatbot Olivia
Liv., the lifestyle digital bank by Emirates NBD and the fastest growing bank in the UAE, has partnered with US-based Kasisto, to introduce Olivia, an artificial intelligence-powered chatbot. With the …
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Dubai developer secures $40.8 m funding for new Dubai Downtown hotel’s fit-out
Ultra-luxury developer Omniyat has announced that it has secured a financing of AED150 million ($40.8 million) from Mashreq Bank for the fit-out of a hotel in The Opus by Zaha Hadid in Downtown Dubai, …
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Mastercard to invest $300m in Network International’s planned London IPO
UAE-based payments solutions company Network International and Mastercard have signed an agreement for the US financial services firm to make a $300 million cornerstone investment in Network …
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Manrre REIT’s message to Dubai property doubters, “we’re buying”
Wise words from legendary investor Warren Buffet, giving inspiration to Dalma Capital CEO Zachary Cefaratti in a contrarian strategy to back a Dubai commercial property fund and “buy the dip”. “Dalma …
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UAE- New structure for DFM post-trade services
(MENAFN – Khaleej Times) Dubai Financial Market Company, which is marking its 19th anniversary, announced on Tuesday its new organisational structure for post-trade services in line with …
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