The sanction was meted out after a probe revealed that the company failed to comply with its regulatory obligations …
Dubai emerges as ‘leading global hub’ for talent attraction
Dubai has emerged as a leading global hub for talent attraction, says a report titled ‘The Future of Financial Services Talent’ issued by Dubai International Financial Centre (DIFC) in collaboration …
Citi On Unlocking The Perks Of Premium Banking With Citibank: Here’s How
DUBAI, UNITED ARAB EMIRATES, December 15, 2023 /EINPresswire / — High-net-worth individuals seeking exclusive wealth management services beyond the …
World Bank names UAE to lead cloud computing working group
The UAE has been appointed to chair the World Bank’s Cloud Computing Working Group, in recognition of the country’s digital transformation efforts.
DIFC launches report on ‘Future of Financial Services Talent’
Dubai International Financial Centre (DIFC), in collaboration with London Stock Exchange Group, today launched a report titled “The Future of Financial Services Talent”, which reaffirms Dubai’s …
ESG Watch: COP28 a milestone in terms of ambition, but falls short on finance
The final agreement, known as the UAE Consensus, contains ambitious new targets to triple renewables and double energy efficiency by 2030, targets that would have been unthinkable even a year ago, and …
United Arab Bank successfully concludes AED 735 million, 2-year Dual Tranche Club Term Loan facility
The United Arab Bank (UAB) announced the successful conclusion of its AED 735 million, 2-year Dual Tranche Club Term Loan facility. The new facility further strengthens UAB’s balance sheet by …
US$47 billion Gulf wealth fund eyes IPO spree after record listing
OMAN Investment Authority is gearing up for an ambitious divestment plan that may include several dozen listings over the next five years as the Gulf sultanate chases an upgrade to emerging-market …
UAE Ministry of Finance to join G20 Finance Track under Brazil’s presidency
The UAE Ministry of Finance (MoF) will participate in the Finance Track of the 2024 Group of 20 (G20), following an invitation from the Federative Republic of Brazil who assumed the presidency of the …
Emirati Bushra AlBlooshi selected to chair World Bank’s Cloud Computing Working Group
The selection also acknowledges the UAE’s success in applying international best practices in cloud computing, and supporting government entities and private-sector companies to transition to cloud …
UAE ‘silver visa’: Virtuzone offers 5-year trade licence and visa package
and have the confidence and peace of mind that they can enjoy a secure and stable future in the UAE. Saving money is, of course, an added bonus.” Virtuzone has also added bank account opening support …
After UAE Consensus on Global Stocktake, Azerbaijan’s COP29 to focus on climate finance
Climate experts have stated COP29 will focus on adaptation and mitigation funding, as the United Nations Framework Convention on Climate Change (UNFCCC) pushes for its “new collective quantified goal …
UAE Central Bank revokes licence of Cogent Insurance Broker
The UAE Central Bank has revoked the licence of Cogent Insurance Broker, which operates in the Emirates. The banking regulator also struck its name from the insurance broker registry as it continues …
Commercial Bank of Dubai and Visa sign memorandum of understanding on sustainability initiatives
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 …
UAE’s Fundbot raises $1.5 million Seed
UAE-based fintech Fundbot, has raised a $1.5 million Seed round led by Hambro Perks Oryx Fund, with further support from …
UAE private companies committed to Emiratisation to get priority for government tenders
Others benefits of achieving the target includes enlisting the firms in the Emiratisation Partners Club, and enjoying the benefits of Nafis for companies and individuals – such as the financial …
UAE to Begin Fines and Work Bans for Uninsured Workers
Approximately 14% of eligible employees in the UAE have yet to acquire mandatory insurance against job loss, stated the Ministry of Human Resources and Emiratisation (MoHRE). The scheme, introduced in …