In view of financial literacy’s critical role in the success of an economy and sustainable development of a society, the UAE Banks Federation (UBF), has stepped up its efforts to increase the level financial awareness in the country. For organizations …
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High profitability underpins UAE banking sector
Dubai: The UAE’s banking sector has remained largely resilient to the decline in oil prices and it impact on government finances and economic growth, according to a recent report from ratings agency, Moody’s. Real estate and government-related entity …
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UAE’s public finances stabilising towards a balanced budget in 2019
This is in addition to a $317 million panda bond issued in February, as well as USD-denominated bank loans from both UAE and foreign banks. Ras Al Khaimah also has $1.7 billion in borrowings. Funding deficits through external borrowings The structure of …
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UAE- Reflecting on financial discipline in Ramadan
(MENAFN – Khaleej Times) For many of us, the holy month of Ramadan has come to mean only taraweeh, suhour and iftar. In the rush to prepare for social occasions with family and friends, we often forget that Ramadan is basically a time for reflection – that …
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Dubai Investments Real Estate Company Wins ISO Certification
Dubai Investments PJSC [DFM: DIC], the leading, diversified investments company listed on the Dubai Financial Market, has announced that its wholly-owned real estate subsidiary Dubai Investments Real Estate Company [DIRC] has won the prestigious ISO 9001 …
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Majority of UAE workforce skips office to work elsewhere
This is in addition to the financial and strategic advantages that it brings for businesses. The move to flexible workspaces reflects the changing demands and expectations of the workforce. 84 per cent of those surveyed in the UAE agree that flexible …
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Reflecting on financial discipline in Ramadan
Ethical financial management can give us great peace of mind, and as Muslims, we must give priority to investments through halal products and solutions in order to gain a halal income. Fortunately, Dubai is now the hub of Islamic economy and finance.
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United Arab Emirates shares lower at close of trade; DFM General down 0.76%
Investing.com – United Arab Emirates equities were lower at the close on Sunday, as losses in the Real Estate & Construction, Banking and Finance & Investment sectors propelled shares lower. At the close in Dubai, the DFM General declined 0.76% …
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UAE- She has a panacea for all your medical woes
(MENAFN – Khaleej Times) The UAE has a number of organisations that empower and encourage … My interests are Economics, Finance and Information Technology. Prior to joining Khaleej Times, I have worked with some leading publications in India, including …
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UAE research center to help promote Islamic finance in Azerbaijan
The AlHuda Center of Islamic Banking and Economics will help Azerbaijan improve literacy in Islamic financial services and promote other services, the Center told Trend. The Al Huda Center has already conducted the necessary studies in Azerbaijan on the …
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Life after oil for the UAE
In fact, the Institute of International Finance notes that this gradual transition to a more flexible economic environment coupled with foreign investment has helped the UAE economy emerge healthy and functional through the tumultuous oil slump.
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A top crypto hedge fund lawyer explains the 4 main trading strategies that funds use to make money
Crypto hedge funds have exploded in popularity over the last year … Capital Funds Law Group has also advised funds in places such as Singapore and Dubai. While the group has advised a large number of funds, Lore said he has turned away many more …
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UAE insurers expect business uplift following Dubai tower blaze
UAE insurers are expecting a surge in residents buying home and contents insurance in the wake of Sunday’s Zen Tower fire in Dubai Marina. “We are definitely busier than usual with enquiries for home insurance since news of the fire, and this is a …
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United Arab Emirates Joins the Top 15 Most Powerful Passports in the World
UAE fastest growing passport in world … Arton Capital is a Canadian global financial advisory firm specializing in empowering governments in attracting foreign direct investments, global citizens and in providing strategic advice to developers and …
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Why Children Need to Learn Financial Literacy
Young entrepreneurs in Dubai were showcasing innovative products. The next generation is far ahead of mine when it comes to innovation. There is a still unanswered question in my soul. Is this new generation equipped with financial literacy? This cool and …
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Dubai Financial Market : ADX-DFM merger dream may be reborn – Analysts
Dubai – Mubasher:The idea of merging the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) has been revived after five years of hibernation. Earlier in May, an informed source told Al Khaleej newspaper that the settlement of the …
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5 Tips to Quickly Get Rid of Debt in UAE
In times of necessity, and also luxury, a personal finance or credit card can provide a lot of support. Unfortunately, accessing easy credit can also lead to an error in judgement, and eventually excessive debt. For some years, debt has put both UAE …
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