Khalid Bin Kalban, managing director and CEO of Dubai Investments, said: “Dubai Investments registered steady growth in its financial results during the first half of 2018. The increase in total incom…
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Dubai Stock Index Posts the Biggest Monthly Increase in a Year
Dubai’s main equity gauge posted its biggest monthly gain in a year, powered by a revival in the banking sector as better-than-estimated earnings help U.A.E. stocks escape this year’s doldrums. The DF…
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Dubai Investments posts H1 2018 profit growth
RELATED ARTICLES: Dubai Investments posts 25% growth in Q1 2018 | Dubai Investments unit to lead Emicool IPO | Dubai Investments to sell Emicool stake in Q4 2018 Dubai Investments’ strong start to the …
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US hedge fund said to enter race to buy Abraaj assets
York Capital Management, the hedge fund run by Jamie Dinan, is the latest party to join the race to buy the asset-management platform of embattled Dubai private-equity firm Abraaj Group, according to …
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Smart Dubai and DIFC Courts Partner to Explore Blockchain-Powered Judiciary
The Dubai International Financial Centre Courts and Smart Dubai have partnered to develop a “Court of the Blockchain” that would harness the tech for the judiciary. The Dubai International Financial C…
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Dubai Plans to ‘Disrupt’ Its Own Legal System with Blockchain
A Dubai-based international court dealing with civil and commercial disputes in the financial industry is planning to launch what it calls a “Court of the Blockchain” to streamline legal operations. T…
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Dubai Islamic Bank Pakistan
Visiting the bank only to find that the system is down and your transaction cannot be completed is a universally frustrating customer experience. To prevent this, Dubai Islamic Bank Pakistan Limited ( …
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Dubai Stock Index Set to Post Biggest Monthly Gain in a Year
Dubai’s main equity gauge is poised to record its biggest monthly gain in a year, powered by a revival in the banking sector as better-than-forecast earnings help U.A.E. stocks get out of this year’s …
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Dubai Islamic Bank : DIB donates AED3 million to Al Jalila Foundation
DUBAI, 29th July, 2018 (WAM) — Al Jalila Foundation, a global philanthropic organisation dedicated to transforming lives through medical education and research, announced that it has received a donat…
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Dubai Islamic Bank : DIB donates Dh3m to Al Jalila Foundation
Dubai: Al Jalila Foundation has received a donation of Dh3 million from Dubai Islamic Bank (DIB) to support it’s Aawen (treatment) programme, which helps patients in need. Since its inception in 2013, …
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Emirates NBD Bank : DEWA is first government organisation to integrate its outgoing payment system with Emirates NBD
DUBAI, 30th July, 2018 (WAM) — The Dubai Electricity and Water Authority, DEWA, has connected its outgoing payment system with Emirates NBD bank according to the Host to Host, H2H, protocol. The inte…
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UAE warns Emirati travellers on credit card fraud abroad
Dubai: Credit card fraud can turn your relaxing vacation into … Holiday goers were also advised to use a bank card with limited card so that they are not subjected to drastic consequences. Colonel O…
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$136bn bank debt lent to UAE and Saudi real estate sectors in 2017
RELATED ARTICLES: Pinsent Masons: Projects backed by tech firms more likely to get funding | Gulf construction sector becoming “creative” to secure funding | Funding secured to build two 126MWp Egypt …
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Commercial Bank International : CBI reports 55 per cent increase first half 2018 net profit
Dubai: Commercial Bank International (CBI) on Monday reported Dh81 million net profit for the first half of 2018, up 55 per cent compared to Dh52 million in the same period last year. Operating profit …
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UAE gold rates fall to lowest in weeks?
Dubai: Planning to buy new gold jewellery pieces this week … the next few days are likely to be a “key catalyst for gold,” as new meetings by the US Federal Reserve and the Bank of Japan are schedul…
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Dubai Islamic Bank Celebrates Next Generation of Leaders
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, announced the bank’s recent graduation ceremony for its high-potential employees who successfully completed a 15 month long development p…
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Walk-in interviews for nearly 350 bank jobs in…
Ministry of Human Resources and Emiratisation announced that walk-in interviews will be conducted for 342 job vacancies in the banking sector on Monday. The opportunities are available in Abu Dhabi, A…
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