While Dubai’s largest bank Emirates NBD elevates the growth forecast for the UAE to seven per cent in 2022, the World Bank sees the country as the fastest …
( read original story …)
UAE FinTech scoops up ten international awards
Money scoops up ten international awards for financial inclusion and outstanding innovation in payroll and banking …
( read original story …)
Rising mortgage rates in the UAE: Why Lenddoo say it’s still time to buy
The latter leads to an increase in the total cost of credit, logically impacting the debt capacity of the UAE residents. And this situation seems set to last since the last increase in September, in …
( read original story …)
Salik debuts listing and trading of its shares on the Dubai Financial Market
The enormous demand is a clear testament on investors’ interest to participate in the accelerating economic growth in Dubai Dubai: Dubai Financial Market (DFM) today welcomed the listing of shares of …
( read original story …)
Salik IPO to benefit from Dubai’s 2040 master plan
Salik is Dubai’s third IPO of the year, and the firm is “well-positioned to benefit” from the plan Salik IPO to benefit from Dubai’s 2040 master plan dubai salik gates, IPO, IPO in Dubai, Salik, Salik …
( read original story …)
Oman seeks to deepen capital markets with eye on Gulf IPO boom
Oman appointed advisers to its stock exchange as part of ongoing efforts to attract more listings, the latest attempt by the Gulf nation to deepen its capital markets amid a regional boom in new share …
( read original story …)
UAE world’s #1 nation in brand performance
Thanks to maintaining a higher brand performance score and improving its brand perceptions, the UAE has defended its position as the strongest (76.7 out of 100) as well as most va …
( read original story …)
Indian refiners pay dollars for Russian oil after Dubai bank rejects dirham
Indian companies are still buying Russian oil using dollars after Dubai’s Mashreq Bank declined to handle payments from at least two refiners in Emirati Dirhams …
( read original story …)
Young UAE leaders ‘enlightened enough to move society forward’: Former World Bank chief
Dr Jim Yong Kim also urged governments, global organisations to become better communicators to more effectively deal with conflict …
( read original story …)
UAE is world’s top nation in brand performance, says Brand Finance
The UAE has been rated the highest globally in brand performance, with a score of 80.5 out of 100, according to the latest report by leading brand valuatio..
( read original story …)
UAE one of the quickest economies to reach its pre-pandemic levels
The UAE led the world with a successful vaccination programme in 2021, as well as its monetary and fiscal stimulus packages, which resulted in UAE’s economy to reach its pre-pandemic levels fast, says …
( read original story …)
Arabian Drilling Co to price IPO at 90-100 riyals a share
Arabian Drilling Company, a Saudi oilfield services firm, will price its planned initial public offering between 90 riyals and 100 riyals per share, HSBC Saudi Arabia said on Wednesday.
( read original story …)
Finance House announces strategic partnership with GCC Exchange
This WPS Payroll Solution provided by Finance House offers GCC Exchange’s corporate customers a state-of-the-art Card Management Service whereby the companies can issue a secure and reliable payroll …
( read original story …)
Tanzania, UAE sign deal on tackling double taxation
In a statement issued by the Finance and Planning ministry said this signing came after the business community working between the two countries raised concerns of double taxation …
( read original story …)
Major Gulf bourses in black; Dubai falls
Most major stock markets in the Gulf rose in early trade on Wednesday, on course to extend gains from the previous session, shrugging off fears of a global recession.
( read original story …)
Emergency UK aid shipped to flood-ravaged Pakistan from Dubai
Thousands of emergency shelters, water purifiers and hygiene kits from the UK left Dubai for Pakistan on Tuesday. The aid items were paid for by the British government as part of a £41.5 million …
( read original story …)
UAE launches Gender Balance Centre for Excellence, pledges to accelerate equality in leadership
The country already has one of the highest female labour force participation rates in the Mena region, reaching 58 per cent in 2019 …
( read original story …)