The Emirates is one of the biggest investors in Africa. Turkey, Qatar and Israel have significant interests on the African continent as well.
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PaySky launches yalla card and super app in the UAE
Cairo: PaySky, the leading digital payment solutions provider that disrupted the FinTech industy, launches Yalla Card and Super App in the United Arab Emirates, in partnership with its strategic …
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Dubai’s TECOM Draws Orders Worth $9.6Bln for IPO
Dubai business park operator TECOM Group said on Monday it drew orders worth $9.63 billion for its initial public offering, the latest Middle East listing to attract strong investor demand amid a boom …
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DIFC launches Open Finance Lab
Dubai International Financial Centre (DIFC) has launched the Open Finance Lab, a six-month programme designed to promote …
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DIFC launches the region’s first Open Finance Lab
Launch of the region’s first Open Finance Lab is in line with DIFC’s Strategy 2030 and follows the signing of an MoU between Central Bank of the UAE (CBUAE) and DIFC to promote the development and …
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Tarabut Gateway selected as platform partner by DIFC for the region’s first open finance lab
Tarabut Gateway, the largest Open Banking platform in the Middle East and North Africa (MENA) region with a market presence in Bahrain, UAE and KSA, announces it has been selected by the Dubai …
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Cash- starved Pak makes appeal for fresh loans, UAE offers bailout deal
In response to cash-strapped Pakistan’s request for fresh loans, the UAE has offered to buy minority shares in publicly-listed government-owned companies at a negotiated price …
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DIFC launches six-month finance lab programme
The lab will also run business and technical deep-dive workshops Dubai International Financial Centre (DIFC) has launched Open Finance Lab, a six-month programme to promote the development and growth …
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UAE Willing to Buy Minority Shares in Pakistan’s Government Firms
The United Arab Emirates (UAE) on Tuesday offered to buy Pakistan’s minority shares in publicly-listed government-owned companies at a negotiated price …
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TECOM Group completes Dubai’s most oversubscribed IPO, raising nearly $463 million
The demand, he added, was also reflective of investors’ “strong appetite” towards Dubai’s capital markets and overall economy. TECOM Group earlier announced it was listing 625 million ordinary shares …
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UAE Offers to Buy Shares in State Owned Companies on PSX
The United Arab Emirates (UAE) has offered to purchase minority shares in publicly traded state-owned enterprises at a negotiated price, as well as a seat …
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UAE and Gulf’s fintechs can help out with closing gender gaps
Gender parity is not only the right way, it also has the potential to untap significant economic value, adding up to $12 trillion to global growth, including $2.7 trillion to the …
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Don’t want to pay rent for an office for your UAE business? Try a flexi desk
A flexi desk may not be enough to apply for a business bank account in the UAE. • Your personal space may be restricted because you will spend or share desks or rooms with others.
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On bid to cut oil prices, what Macron has been told by UAE, Saudi
Saudi Arabia and the UAE have been perceived as the only two countries in the Organization of the Petroleum Exporting Countries (OPEC) with spare capacity to boost global deliveries that could reduce …
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EDB a ‘key engine of UAE’s industrial transformation agenda’
Emirates Development Bank is one of the “key financial engines of the UAE’s industrial transformation and economic diversification agenda”, and has contributed significantly to the country’s economy, …
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BlueCrest Hires Ex-Citadel Trader Wheeler for Dubai Expansion
Billionaire Michael Platt’s private investment firm is expanding operations to Dubai, with former Citadel money manager Chris Wheeler among those hired.
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UAE: Will my salary be affected if I file a labour complaint?
According to MOHRE, this is the process that is followed when an employer or employee raises a labour dispute: 1. If an employer or an employee, or an eligible party on their beha …
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