Drive performance measures for the operations (efficiency & productivity), in the form of dashboards convenient for review of high level key indicators. Responsible for developing strategies, to solve critical business operational challenges, to …
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Are you ready for #ZeroFoodWaste in Dubai?
The call has been made on behalf of the UAE Food Bank and Dubai Municipality in support of the World Food Day, which will be observed with a wide variety of activities on October 16, the civic body said in a press release. The programmes, organised by the …
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How these UAE ‘bankers’ cheat clients with magic pen, 0% credit card offers
Fraudsters have got their hands on what is known as ‘magic pens’ to cheat bank customers, the Sharjah Police have warned. The police have registered 10 cases of cheque fraud committed using these pens – which have erasable ink – this year so far.
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First Abu Dhabi Bank to unveil e-Dirham upgrade
The UAE’s Ministry of Finance (MoF) and First Abu Dhabi Bank (FAB) will showcase e-Dirham’s latest developments and technologies in electronic payment systems during the Gitex Technology Week 2017 in Dubai. The e-Dirham is a cashless payment system that …
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Is This The Geopolitical Shift Of The Century?
U.S. allies Saudi Arabia, Egypt, Turkey and even the UAE, have shown an increased eagerness to develop … Arabia is NOT asking Russia to take part in the long-awaited Aramco IPO in 2018. Russian individual investors and financial institutions, however …
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Dubai firm closes second fund with $160m commitments
A team of investment professionals in Dubai, Istanbul and Kuwait will manage the NBK Capital Partners Mezzanine Fund II, a statement said. The fund has already invested in two companies – Qimam El Hayat, a private K-12 school in Riyadh, and Perkon …
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PwC set to deliver VAT diploma in the UAE, Saudi Arabia
PwC, the global professional services firm, is to deliver a VAT diploma in the UAE and Saudi Arabia ahead of the introduction of value added tax in the Gulf region. As the GCC economies gear up for the new VAT regime from January 1, 2018, PwC said there …
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Post-Brexit banking shake-up to benefit UAE financial centres
While European capitals are battling it out to woo London’s bankers post-Brexit, the cities that stand to gain the most could be far further afield, including New York, Hong Kong and Dubai, according to Miles Celic, chief executive of TheCityUK. The chief …
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New digital bank launched in the UAE
Dubai-based Mashreq Bank has unveiled a new full-service digital bank, Mashreq Neo, in the UAE. The new digital bank will be completely branchless, is targeted towards the connected generation who are digitally savvy, use mobile devices extensively, and …
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LEASES: Microbrewery takes space in Queens, Dubai bank signs lease in Lower Manhattan
Kalmon Dolgin Affiliates (KDA) has arranged a new, 7,500 s/f lease for Mikkeller NYC, a microbrewery, at 51-40 58th Place in the Woodside section of Queens, NY. Mikkeller is a collaborative microbrewery founded in Copenhagen, Denmark in 2006. It was …
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Finance Analyst – Energizer – Dubai Jobs
This Analyst role is responsible for providing the Finance and Controllership Manager and the local commercial team with timely and accurate financial information. You will give support and advice to enable the business to achieve its sales and profit …
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Commercial Bank of Dubai appoints new COO
Dubai: Commercial Bank of Dubai announced the appointment of C Krishna Kumar as its chief operating officer. Kumar joins CBD from his previous role as chief operating officer of Qatar Islamic Bank in Doha. He has over 25 years of experience in the banking …
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Money & Me: ‘My biggest financial regret is buying my Dh5m yacht’
Autism Rocks has since organised concerts with Prince, Lenny Kravitz and Gary Barlow and has the naming rights for the Autism Rocks Arena next to Dubai Outlet Mall. The 47-year-old also runs a hedge fund company based in Dubai International Financial …
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UAE Banks Desperate to Sell Qatar Loans
UAE banks holding Qatari loans have become “more aggressive over the past couple of weeks” in offering the loans for sale in the secondary market, said one banker at a European bank specializing in financial institutions. Prospective sellers …
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Greater security for UAE commodity and finance trade with Africa
Bordered by eight other countries and a member of both the Common Market for Eastern and Southern Africa (COMESA) and the Southern African Development Community (SADC), Zambia is an important regional trade hub. According to MIT Economic Complexity Index …
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Saudi Aramco CEO says no Russian discussions over participation in IPO
Saudi Aramco isn’t talking with any Russian companies about possible participation in its initial public offering, the head of the state … the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Selloff Brings Bond Bulls Back to India
Morgan Stanley Investment Management says it favors rupee bonds, though prefers to hedge its currency exposure … Roland Mieth, a Singapore-based fund manager for emerging markets, said in an interview. The asset manager was reducing its overweight …
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