Holding has joined as a partner of GSB Wealth from financial advice firm Abacus Financial Consultants in Dubai, where he was also a partner. He has over 19 years of experience in …
UAE’s Emirates NBD launches zero-fee equity trading for customers
Emirates NBD has introduced a new initiative enabling customers to invest in the UAE equity markets at zero transaction fees. According to the bank, this w..
Hong Kong, Dubai seek to strengthen ties on sustainable finance as climate risks mount
Global climate finance must increase by at least sixfold to US$8.5 trillion annually through 2030 to prevent global warming, a US non-profit says.
Bank of Sharjah sponsors the 2024 Sharjah Investment Forum in its 7th edition
Sharjah, UAE: Bank of Sharjah is proud to officially announce its sponsorship of the 7th edition of the Sharjah Investment Forum, organized by Sharjah FDI Office (Invest in Sharjah), which will take …
UAE central bank fines local bank Dhs5m for AML/CFT breaches
The UAE central bank said on Monday it fined a foreign bank operating in the country $1.4m (Dhs5m) for failing to sufficiently address money laundering and financing of terrorism and other related …
UAE Central Bank fines lender $1.36m for breaching anti-money laundering rules
The UAE Central Bank has fined a lender operating the country Dh5 million ($1.36 million) for breaching anti-money laundering regulations, as it continues its fight against illicit financial activity …
UAE fines foreign bank Dhs5m for money laundering breaches
The UAE central bank said on Monday it fined a foreign bank operating in the country $1.4m (Dhs5m) for failing to sufficiently address money laundering and financing of terrorism and other related …
UAE fines foreign bank Dhs5m for money laundering breaches
The UAE central bank said on Monday it fined a foreign bank operating in the country $1.4m (Dhs5m) for failing to sufficiently address money laundering and financing of terrorism and other related …
UAE Central Bank imposes fine of Dhs5 million on a bank violating Anti-money Laundering laws
The CBUAE has fined the bank Dhs5 million, and directed the bank to present the Central Bank’s action to the board of directors of the overseas headquarters.
UAE retailer LuLu Group plans IPO by November; to float on ADX, Tadawul
UAE retail giant LuLu Group will open its IPO by the last week of October or early November and a dual listing is expected to raise between $1.5 billion and $1.85 billion, people familiar with the …
UAE Central Bank fines a bank Dh5 million for violating anti-money laundering laws
The Central Bank (CBUAE) on Monday imposed a fine of Dh5 million on a bank operating in the UAE for violating anti-money laundering laws and for funding il..
Porsche Services Middle East & Africa And Dubai Islamic Bank Partner To Strengthen Automotive Financing Solutions In The UAE For Their Customers
“Our partnership with Porsche Services Middle East & Africa marks a significant step forward in expanding access to Shari’a-compliant automotive financing in the UAE,” said Sanjay Malhotra, Chief …
Expats paying $43,000 school fees fuel rise of Dubai billionaire
Gems World Academy in Dubai is the most expensive in the operator’s global chain. Read more at straitstimes.com.
NMDC Group’s IPO of NMDC Energy closes 31.3 times oversubscribed, generating total gross demand of AED 88bln
NMDC Group is backed by Alpha Dhabi Holding, a fast-growing investment company in the Middle East and a subsidiary of International Holding Company (IHC). For further information contact: Investor …
NMDC Energy’s shares surge above 20% on trading debut
The construction and dredging services firm offered 1.15 billion shares in NMDC Energy, and the offering was 31.3 times oversubscribed.
Dubai: Most villa community prices more than double in four years
Eighty five per cent of all established freehold villa communities in Dubai have more than doubled in value compared to four years ago, a new report shows. According to the latest data from ValuStrat, …
Rexas Finance (RXS) Becomes the Latest Player in the RWA Tokenization Race
DUBAI, UAE / ACCESSWIRE / September 9, 2024 / The digital assets space is growing at an unimaginable pace, and one of the most significant …