Dubai: The United Arab Emirates agreed on Thursday to lend $1bn to Pakistan and roll over an existing $2bn loan, Pakistan s information minister …
Dubai Islamic Bank offers new financing solutions to future Tesla owners
Dubai Islamic Bank PJSC (“DIB”), the largest Islamic bank in the UAE and the second-largest Islamic bank in the world, is p …
UAE rolls over existing $2bn loan, agrees to provide additional $1bn
He praised the historical relations between the two nations and the valuable contributions made by the Pakistani community in the UAE.” PM Shehbaz invited the UAE president on a state visit to …
Dubai real estate market records AED1.8 billion transactions on Wednesday
Wednesday’s property deals included 461 sales transactions worth AED1.43 billion, 89 mortgage deals of AED350.12 million and 15 gift deals amounting to AED55.11 million Dubai real estate market …
Dubai Islamic Bank launches financing solution for future Tesla owners
The fully digital financing process will make it easier for Tesla customers to apply for auto financing and improve their buying experience.
Startup Spotlight: Dubai-Based Sav Is Helping UAE Residents Take Better Control Of Their Savings And Spendings
Sav is a hyper-personalized money management app that enables users to achieve goals-based savings. The need for better financial literacy and personal finance knowledge has long been a topic that has …
UAE, Israel hold first financial dialogue
The dialogue session was held virtually and seeks to boost cooperation and encourage innovation in financial services between the two countries UAE, Israel hold first financial dialogue bilateral …
I had £127,000 accidentally deposited into my bank account – so I spent it and nothing will make me hand it back
A MAN who was accidentally paid £127,000 into his bank account has been jailed after refusing to hand any of the cash back. The Indian man living in the UAE was put behind bars for a month after …
UAE: Central Bank issues new guidance on anti-money laundering and combatting terrorism financing
Financial institutions will be assisted with understanding risks and the effective implementation of their statutory obligations …
World Bank hikes UAE’s growth forecast for 2022, 2023
World Bank has revised upward the UAE’s growth forecast for 2022 and 2023 by 1.2 per cent and 0.7 per cent, respectively, from its previous …
InvestSky launches in the UAE following $3.4mn pre-seed funding
The social investing commission-free platform will launch for investors in the GCC allowing purchase of fractional stocks starting from $1 InvestSky launches in the UAE following $3.4mn pre-seed …
UAE-Israel financial dialogue discuss new avenues of cooperation
The virtual dialogue session set to boost cooperation ties and encourage innovation in the field of financial services between the two countries …
Foreign assets held by UAE Central Bank moves up by AED1.73bn in Oct 22
The addition will take the total foreign assets of the central bank to AED 426.03 billion at the end of last October Foreign assets held by UAE Central Bank moves up by AED1.73bn in Oct 22 CBUAE, …
The Debt Panel: ‘Can I keep my UAE bank account after UK move?’
I’m told that my bank account will be closed once my Emirates ID expires. I would like to keep the account open as it is far simpler for me to pay into that account from a UK ba …
Dubai’s Emirates NBD successfully issues three-year Dhs1bn bond
The bond issue will strengthen the local currency bond market and help UAE corporations looking to raise capital.
Emirates NBD Is First Bank to Issue Dirham-bond Following UAE Federal Government’s Establishment of Yield Curve
Emirates NBD, one of the leading banks in the MENAT region, has announced the successful pricing of its inaugural AED 1billion dirham-denominated bond, …
Dubai Emirates NBD prices dirham bond issuance
In a statement issued on Wednesday, Emirates NBD said the issuance, the first such by the lender, will “support the further development of a medium-term bond yield curve and facilitate access to …