National Bank of Abu Dhabi UAE Growth Fund is an open-end fund incorporated in the United Arab Emirates. The Fund’s objective is to achieve capital growth. The Fund invests in a balanced portfolio, …
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Here’s Why Consolidation Is Required in UAE’s Banking Sector
The UAE banking industry is well-capitalised and stands on solid pillars, but still requires consolidation to emerge stronger in this competitive era by merging smaller units with major financial …
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Official figures released by Dubai Police showed a steady increase in cybercrime.
Courts across Dubai are hearing more and more cases of bank accounts being hacked and unauthorised money transfers made by replacing SIM cards. Out of the 1,406 cybercrimes recorded in Dubai in the …
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‘Alternative’ investments to grow beyond $10 trillion
hedge funds, private equity, venture capital, and private debt. Zachary Cefaratti, CEO of Dubai-based Dalma Capital – a prominent alternative investment accelerator – and strategic partner of …
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Emirates Islamic named most Innovative Islamic Bank by Islamic Finance News
Dubai, UAE: Emirates Islamic, the leading Islamic financial institution in the UAE, was recently awarded ‘Most Innovative Islamic Bank’ by Islamic Finance News at a ceremony held in Dubai. The Islamic …
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Banking on mergers: More consolidations seen in UAE lending sector
The UAE banking industry is well-capitalised and stands on solid pillars, but still requires consolidation to emerge stronger in this competitive era by merging smaller units with major financial …
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HSBC UAE eyes stronger retail banking growth this year
A branch of HSBC at the Dubai Mall. HSBC’s optimism is supported by its improved numbers in terms of sales, portfolio quality and attrition. Image Credit: Gulf News archives Dubai: HSBC expects …
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United Arab Emirates’ Financial Authorities Host Crypto Asset and Fintech Forum
The United Arab Emirates Banks Federation (UBF) and the Abu Dhabi Global Market (ADGM) hosted a joint forum on crypto assets and fintech, the UAE’s official news outlet Emirates News Agency …
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Why UAE is one of world’s best markets for retail banking: HSBC
Dubai: The UAE is one of the best retail banking markets for HSBC across its global operations and the bank is committed to long-term growth in the country, Marwan Hadi, head of retail banking and …
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UAE- Finnovex ME to focus on disruptive innovations in banking and finance sectors
(MENAFN – Dubai PR Network) 300 delegates from the industry to convene at the one-day summit to be held in Dubai on March 19 DUBAI March 16, 2019: Finnovex Middle East 2019, a one-day conference …
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Top Banks In UAE
Overview of Top Banks in UAE: The UAE Central Bank is the banking regulatory body in the country. There are 26 foreign banks and 23 local banks in the UAE. Even though there are 49 total banks in the …
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Pakistan fails to secure $3.2 billion UAE oil facility
Cash-strapped Pakistan has failed to secure a USD 3.2 billion oil on deferred payments facility from the UAE, a media report Thursday quoted Finance Minister Asad Umar as saying. The oil facility was …
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Emirates NBD Bank : Payments processor Network International readies London listing
The Dubai-based company, jointly owned by Dubai bank Emirates NBD and private equity firms Warburg Pincus and General Atlantic, said it would trade on the LSE’s main market and have a free float of at …
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Pakistan fails to secure $3.2 billion UAE oil facility: Report
ISLAMABAD: Cash-strapped Pakistan has failed to secure $3.2 billion oil on deferred payments facility from the UAE, a media report on Thursday quoted finance minister Asad Umar as saying.
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UAE-based Network International plans London IPO
UAE-based payments solutions provider Network International has announced that it will publish a registration document and is considering proceeding with an initial public offering in London. In a sta…
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UAE expects a swift deal with EU on tax blacklist
The EU will be approached and (the issue will be) discussed; I’m sure there will be a way out,” said Abdul Aziz Al Ghurair, chairman of the UAE Banking Federation and CEO of Mashreq Group. “Because we …
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Dubai Payments Firm Network International Plans London IPO
(Bloomberg) — Middle Eastern payment processor Network International plans to sell a 25 percent stake in an initial public offering in London. Warburg Pincus and General Atlantic jointly own combined …
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