Dubai Islamic Bank sells stake in Jordanian bank

DUBAI Dubai Islamic Bank DISB.DU (DIB), the largest Islamic bank in the United Arab Emirates, has sold its stake in Jordan Dubai Islamic Bank, it said on Wednesday, as it chases growth in fledgeling Islamic banking markets. The Jordanian bank has ... ( read original story ...)

Akin Gump promotes 10 to partnership

Fadlallah leads the firm’s international trade practice in Dubai. He focuses his practice on the application ... He provides counselling to private equity funds, hedge funds, institutional investors and portfolio companies on a variety of financing ... ( read original story ...)

Shaikh Mohammad Bin Rashid launches Emirates Food Bank

Vice-President and Prime Minister of the UAE and Ruler of Dubai, launched the Emirates Food Bank as a humanitarian foundation that aims to inculcate the values of generosity and offering food, establishing Dubai as the region’s first city in achieving ... ( read original story ...)

UAE Food Bank lends new meaning to Year of Giving

The UAE Food Bank is an ambitious project that will ensure no child or adult goes to bed on a empty stomach. There are about 795 million people in the world who do not have enough food to lead a ''healthy, active'' life. The World Food Program says one in ... ( read original story ...

Mohammad launches Emirates Food Bank

Vice-President and Prime Minister of the UAE and Ruler of Dubai, launched the Emirates Food Bank as a humanitarian foundation that aims to inculcate the values of generosity and offering food, establishing Dubai as the region’s first city in achieving ... ( read original story ...)

Family finance in Dubai 2017

Carolyne Allmark: In your opinion, what is the biggest difficulty when it comes to saving money for expat parents living in the UAE? Zeta Harwood: People come with an idea of what they want but, when they land, it’s easy to get caught up with your social ... ( read original story ...)

Dubai Bank claims Sh1bn from ex-owner

The lender has moved to court claiming ownership of the money that Hassan Zubeidi is pursuing as compensation for a botched electrification project. Collapsed lender Dubai Bank has filed a suit claiming the $11 million (Sh1.1 billion) its founder and ... ( read original story ...)

9 money tips if you lose your job in the UAE

Bear in mind the UAE’s employment laws regarding sponsorship ... “Monthly or fixed-term savings tools can offer a timely back-up when you are faced with unforeseen financial hurdles such as job loss,” says Barhaji. “It really is a good idea ... ( read original story ...)

Gold Market Charts – A Month in Review

The posts include charts of the Chinese Gold Market, the flow of gold from West to East via the London and Swiss gold markets, and the holdings of gold-backed Exchange Traded Funds (ETFs ... with the UAE (Dubai) a distant third providing 16 tonnes ... ( read original story ...)