It has emerged that Disney used unconventional financial terminology to calculate its performance in a flattering business presentation designed to convince stockholders to vote in its favor at its …
Kalpesh Patel Discloses How the UAE Creates a Collaborative Environment for Funds Growth
Are you an investor looking for a vibrant and lucrative market to grow your capital? Look no further than the … Continue reading …
UAE bank transfers hit $412bn in January
The value of transfers executed in the UAE banking sector through the UAE Funds Transfer System (UAEFTS) reached about AED1.512tn ($412bn) in January 2024, according to the latest statistics from the …
UAE banking sector transfers hit over AED1.5 trillion in January 2024: CBUAE
The value of transfers executed in the UAE banking sector through the UAE Funds Transfer System (UAEFTS) reached about AED1.512 trillion in January 2024, according to the latest statistics from the …
UAE banking sector transfers hit over $408.43bln in January 2024: CBUAE
According to the statistics, transfers executed during January 2024 were distributed with AED973.6 billion in interbank transfers and AED538.9 billion between bank customers …
Standard Chartered picks new regional heads amid investment banking reshuffle, source says
DUBAI (Reuters) -Standard Chartered has picked new regional heads, according to a person with knowledge of the matter, as the Asia-focused bank undergoes a major management reshuffle in its corporate …
UAE’s Zand Bank Subscribes To Infosys Finacle Corporate Banking Suite Hosted on Microsoft Cloud
Zand Bank, the UAE’s first digital-only bank, has chosen to subscribe to the Infosys Finacle Corporate Banking Suite hosted on Microsoft Cloud. This i …
Conwoman left NHS worker jobless and homeless after promising new life in Dubai
A conwoman who left an NHS worker homeless after she promised him a new life in Dubai has been spared jail. Sian White, 26, pretended to be a wealthy medical lawyer to convince a man the job and …
Crypto exchange Bitget partners with OnRamp Money to boost fiat access in UAE, Nigeria
With the integration, Bitget users will be able to buy and sell crypto using various local currencies, including AED and NGN (Nigerian Naira) through bank transfers, and with VND via VietQR. This …
UAE: Some firms use savings scheme to make employees ‘millionaires’ in as little as 5 years
Some UAE companies are trying to retain the best talents and offering to make them ‘millionaires’ through savings schemes. In addition to companies, individuals are also investing for their children …
UAE: Equiti cracks down on corporate scam
Dubai-based brokerage Equiti Group is working closely with regulators to crack down on an unlicensed company “EQUIITi” that impersonated the firm to scam investors. “As an established brand in the …
UAE Central Bank balance sheet hits AED734.6bn
The Central Bank of the United Arab Emirates (CBUAE) saw its balance sheet soar to touch AED734.61 billion at the end of January 2024, marking a significant surge in its financial strength. Compared …
Minister, UAE envoy discuss strategies to enhance trade
World Bank identifies hurdles to foreign investment Minister, UAE envoy discuss strategies to enhance trade PM seeks plan to boost exports No reduction in poverty in sight: World …
‘My wife and I are wondering why we came back’ – Teacher’s four years work in Dubai not reflected in pay
A chemistry teacher who spent four years working in Dubai has said he was “heartbroken” when he returned to Ireland and learned his years teaching abroad would not be reflected in his salary. Richie …
Dubai Population Jumps to 3.7 Million in First Quarter of 2024
In the dynamic landscape of the Middle East, Dubai stands as a beacon of progress, continually drawing individuals from around the world seeking …
Standard Chartered picks new investment banking regional heads, source says
Standard Chartered has picked new regional heads for its corporate and investment banking business (CIB), according to a person with knowledge of the matter, as the Asia-focused bank undergoes a major …
UAE corporate tax: Pros and cons of grouping companies
The UAE’s Federal Tax Authority recently issued guidelines on the grouping of companies for corporate tax.With two months until the end of the first corporate tax year, it is worth considering the …