Newgen Software, a global provider of digital transformation platform, has announced that it is participating in the Middle East …
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Malaysia’s Petronas secures ‘green finance’ facility for UAE solar unit
Amplus Dubai – will use funds for new solar generation capacity Dubai: Standard Chartered has completed its first green trade finance facility to support Amplus Dubai, a subsidiary of Malaysian oil …
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ADNOC Drilling IPO offer price set at Dh2.30 a share – and a whopping $10b valuation
The Dh2.30 “offer price was determined by ADNOC, as the selling shareholder, and ADNOC Drilling, following investor engagement that saw significant strong initial demand indications from both local …
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ADNOC Drilling IPO price implies equity valuation of $10 billion
State oil giant Abu Dhabi National Oil Co (ADNOC) has set a price for the initial public offering of its drilling unit, giving ADNOC Drilling an equity valuation of $10 billion, it said on Monday.
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Looking to buy a cheaper house? Tips from UAE residents on how to finance the move
Should you send money via an exchange house or your bank? Dubai: Robert Pankhurst, a UAE-based British national, bought a two-bedroom apartment in Barsha Heights (Tecom) in Dubai. He signed the …
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Indian Fintech Signzy Enters UAE via Partnership with ‘Seed Group’
With Signzy bringing its most innovative products to the region and help in the automation of back-office business operations, the arrival feeds into the UAE Digital Government Strategy 2025.
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UAE based Medical Fintech Klaim Secures $1.6M via Pre-Series A Round
UAE-headquartered healthcare financing platform Klaim has reportedly acquired $1.6 million via a pre-Series A round.
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Bank deposits in the UAE rise to $521.37bln in July
Bank deposits in the UAE grew by 6.5 billion dirhams ($1.76 billion) in one month, fueled by a jump in resident and non-resident deposits. At the end of July 2021, total bank deposits in the country …
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Angola and UAE and prepare cooperation agreements
Several cooperation agreements between Angola and the United Arab Emirates (UAE) in the air, road, agriculture, mining, energy, and trade sectors should be signed this year, within the framework of …
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Middle East Newsletter: Israel Considers Fourth Coronavirus Shot
While most countries are still trying to finish inoculating their populations for the first time, Israel is already preparing for a second round of booster doses. The country is making efforts to …
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Stocks in Mideast Decline on Mounting Growth Concerns: Inside EM
Saudi Arabian stocks led decline in the Middle Eastern equities markets on Sunday triggered by concern over the strength of U.S. stock markets after the S&P 500 fell for five straight days. The extent …
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Higher education in UAE: Students make the most of their university experience
Current and former students discuss how they have charted a path to success Being a Computer Science student, I hoped to receive a role within my domain and with help from the university’s Career …
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“Aafaq Islamic Finance” announces winners Seventh “Sahobat” monthly draw
United Arab Emirates – September 12, 2021: Aafaq Islamic Finance, the leading institution in the financial sector and offering Sharia-compliant financial products and services across the UAE and the …
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Saxo Bank appoints CEO of MENA region
Saxo Bank, the online trading and investment specialist that connects people to investment opportunities in global capital markets, today announces the appointment of Damian Hitchen as new CEO of the …
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Deloitte becomes official signatory of Abu Dhabi Sustainable Finance Declaration
Deloitte has signed the Abu Dhabi Sustainable Finance Declaration, demonstrating the firm’s commitment to sustainabili …
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Capital Bank signs proven solution to deploy Humanoid Robot ‘Pepper’ for retail banking in Jordan
Capital Bank is the first bank in Jordan to deploy the humanoid robot – Pepper across its branches, supported by Proven Solution robotic management system …
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First Abu Dhabi Bank hires new head of investment banking from HSBC
First Abu Dhabi Bank , the United Arab Emirates’ largest lender, has hired Martin Tricaud as head of investment banking, the bank said in a statement on Wednesday.
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