Tag: ipo

The Dubai Financial Services Authority (DFSA) and the Central Bank of Oman signed a Memorandum of Understanding (MoU) to cooperate in the supervision and authorisation of firms operating in both markets. The MoU was signed in the Dubai International …
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Recently Sterling Bank Plc unveiled a new promo tagged 1dament to reward its existing and new customers. The promo which kicked off in the first week of December 2017, coincided with the Christmas season and the New Year, and will end in March. At the …
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Through this partnership, UAE Exchange joins RippleNet, Ripple’s enterprise blockchain network with over 100-member banks and financial institutions. Leveraging the strengths of Ripple’s leading enterprise blockchain solution for payments, which provides …
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Crowdfunding and peer-to-peer (P2P) financing could be a game-changer in Islamic finance, it suggests, giving wider reach and potential to close the gap for small and medium enterprises, SMEs, which generated about 60 per cent of UAE GDP in 2014 …
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Established by the Dubai Future Foundation, the Mohammed bin Rashid Space Settlement Challenge works to reward the best ideas from around the world. In its commitment to accelerating global space exploration activities, the UAE launches the Space …
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Dubai-based bank Commercial Bank International expects 5 per cent loan growth this year as the UAE’s economy turns the corner amid higher oil prices and demand for debt increases, its chief executive officer said. “I think 2018 has the potential to be …
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A “Happiness Bank” has been established at the Telecom Regulatory Authority (TRA) in the UAE. The new innovation aspires to prompt active and motivated employees working in government organizations, reported Khaleej Times on Thursday. The idea was …
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The concept of the Happiness Bank was pioneered by Amna Al Bedwawi, e-content editor at the e-Government Development Department. The UAE is known to turnaround every innovation into reality and make the country the ‘happiest place’ to live. The Happiness …
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KARACHI: Dubai Islamic Bank Pakistan (DIBP), the wholly owned subsidiary of UAE-based first Sharia-compliant financial institution across the world, announced on Thursday that it would kick-start branchless banking by June 2018. M-wallet services would …
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Dubai Islamic Bank Pakistan & Zing Digital Commerce signed an agreement for deployment of Branchless Banking platform. This agreement will pave the way for Digitization of Banking products to enable the Bank to offer variety of products to the unbanked and …
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USD 128 Billion). The Group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry, with over 90 per cent of all financial transactions and requests conducted outside of its branches.
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All the investment made in the Dubai’s real estate are illegal, as the State Bank of Pakistan has already informed the committee that the central bank never gave the permission to any individual to invest in the real estate sector anywhere in the world.
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ISLAMABAD: The government has started negotiations with the UAE and Swiss governments to collect information regarding Pakistanis holding billions of dollars of offshore assets and bank accounts to bring these Pakistanis into the tax net. “We have …
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The FBR had received a list of 100 Pakistanis, who had invested in real estate business in Dubai, from the Federal Investigation … misappropriation in the promotion process for National Bank of Pakistan employees, Governor State Bank of Pakistan Tariq …
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HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, presented these achievements to UAE President HH Sheikh Khalifa bin Zayed Al Nahyan and HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of …
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Held in partnership with the UAE Ministry of Finance, and showing off the latest products in action as well as boosting the UAE as an international hub for fintech, FinovateMiddleEast will take place from 26-27 February at the Madinat Jumierah Conference …
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First Abu Dhabi Bank (FAB), the UAE’s largest bank, received a license from Saudi Arabia’s Capital Market Authority to offer investment banking services in the kingdom, joining a host of foreign banks scurrying for business in the Arab world’s …
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