“The UAE’s global ranking as a tourist, commerce, talent and finance hub has steadfastly climbed over the years, thanks to government efforts and business-friendly policies, fuelling the growth and …
Dubai Police warn residents against sharing OTP, bank details with fraudsters
Dubai Police has warned the public to be vigilant against fraudsters impersonating government or banks in phone scams aimed at obtaining financial information. Officials emphasised that no government …
Dubai’s Al Ansari exchange sets IPO price range at Dh1-Dh1.03
Dubai family business to float 10% as UAE private entities take to stock markets Dubai: Al Ansari Financial Services has set a price range of Dh1-Dh1.03 for its IPO opening for subscription today …
Dubai’s Al Ansari Financial Services sets IPO price range at Dh1-Dh1.03
Dubai family business to float 10% as UAE private entities take to stock markets (From left) Mohammad Bitar, Deputy CEO, Al Ansari Financial Services, Rashed Al Ansari, CEO, Al Ansari Financial …
Central banks of UAE, India boost collaboration with MoU
The central banks of the UAE and India have signed a memorandum of understanding (MoU) in Abu Dhabi on March 15. The Central bank of the UAE and Reserve Bank of India will collaborate on various …
Most Gulf markets gain as fears about rapid Fed hikes, bank crisis ease
Most stock markets in the Gulf rebounded in early trade on Wednesday as concerns of a banking crisis eased, while U.S. inflation data came in line with expectations, improving the odds of a smaller …
UAE to invest $30 billion in South Korea over the next few years
South Korean FDI in the UAE totalled $2.2 billion up until the beginning of 2021, reflecting a 73 per cent growth compared to the beginning of 2013. These investments are mostly concentrated in …
UAE’s Fujairah needs to step up investments for new bunker fuels -execs
DUBAI, March 15 – UAE’s Fujairah must step up investments for storage and supply of new alternative fuels as these markets are still lacking traction at the world’s third-largest bunkering hub despite …
Dubai Police warn public against sharing OTP or bank details
The Dubai Police warned the public to be vigilant against fraudsters impersonating government or banks in phone scams aimed at obtaining financial information. The Force emphasised that no government …
Sheikh Maktoum and JPMorgan Chase president discuss bank’s expansion plans
Sheikh Maktoum bin Mohammed, Deputy Prime Minister, Minister of Finance and Deputy Ruler of Dubai, and the president and chief operating officer of JPMorgan Chase discussed plans to extend the reach …
Central banks of UAE and India join forces to boost financial products
Last month, the UAE Central Bank announced a programme to accelerate the digital transformation in the financial services sector, with initiatives spanning open finance and a new digital currency. The …
RBI, UAE central bank sign pact to enhance cooperation
Mumbai, Mar 15 (PTI) The RBI and the UAE central bank on Wednesday signed an agreement to enhance cooperation in various areas, including exploring interoperability of Central Bank Digital Currencies …
Driving in Dubai: Here’s why some residents are paying Dh8,000 for a drivers license package
Experts say some could actually save between Dh1,000 and Dh2,000 …
Central Bank of the UAE and Reserve Bank of India sign MoU to promote innovation in financial products and services
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is …
India and UAE to Collaborate on Developing Digital Currencies
India and the United Arab Emirates will jointly conduct pilot programs on central bank digital currencies, or CBDCs, according to an announcement on Wednesday. The Reserve Bank of India and the …
DIFC-Chaired Dubai Sustainable Finance Working Group Defines UAE Industry Approaches to Delivering ESG Innovation, Net Zero and Sustainability-Linked Lending
The Dubai Sustainable Finance Working Group (DSFWG), established in 2019 by Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia …
Al Maryah Community Bank wins the Digital Bank of the Year E-business Award for 2023
Al Maryah Community Bank stood out from the competition through its quest to digitize the entire banking experience by developing the Mbank UAE mobile application that has exceled in serving customers …