The United Arab Emirates plans to deepen its trade ties in fast-growing economies in Asia and Africa, and draw $150 billion in foreign investment from mainly older partners to reposition itself as a …
( read original story …)
UAE: Now, no need to submit documents to open a bank account
Al Maryah Community Bank, the UAE’s first fully digital bank, has integrated its mobile app with the UAE Pass.
( read original story …)
Middle East Newsletter Sept. 5: More Time to Trade in UAE
Investors will soon get an extra hour to trade in the United Arab Emirates. The Abu Dhabi Securities Exchange and the Dubai Financial Market both plan to extend trading hours as of Oct. 3 and scrap …
( read original story …)
UAE ‘hopes’ to exceed 4% growth in 2021, economy minister says
The United Arab Emirates is hoping to exceed 4 percent growth in 2021, the country’s economy minister said, a higher rate of growth than previously forecast. The central bank had forecast 2.5 percent …
( read original story …)
UAE rolls out plan to invest in economy, liberalize laws
The country’s finance minister on Sunday pledged that the government would pour some $13.6 billion into the economy over the next year. Other UAE ministries introduced various government overhauls.
( read original story …)
UAE announces plans to invest billions in economy, liberalize residency for expats
The United Arab Emirates has announced a major plan to stimulate its economy and liberalize residency for expatriates, as the country seeks to overhaul its …
( read original story …)
UAE to Grow Trade Ties in Asia and Africa
The United Arab Emirates will work on economic partnerships with eight countries to enhance trade as it repositions itself as a global hub for business. The Gulf state will expand economic ties with …
( read original story …)
Al Maryah Community Bank integrates application with Telecommunications and Digital Government Regulatory Authority
In co-operation with the Telecommunications and Digital Government Regulatory Authority (TDRA), for the first time in the UAE, Al Maryah Bank has integrated its mobile app to introduce UAEPass banking …
( read original story …)
Mubadala-backed EGA taps banks for IPO at $15bn value
The company has smelters in Abu Dhabi and Dubai and a bauxite mine in Guinea … Mubadala raised $731m in a July IPO of satellite operator Yahsat, in what was Abu Dhabi’s second-largest listing. Abu …
( read original story …)
United Arab Emirates Accepts Appointment of First St Kitts and Nevis Ambassador Justin Kareem Hawley
LONDON, Sept. 5, 2021 /PRNewswire/ — Justin Kareem Hawley was recently appointed as the first Ambassador of St Kitts and Nevis to the UAE. In a meeting that took place between Hawley and the UAE …
( read original story …)
Digital Banking for Young Clients to be Offered by Abu Dhabi Islamic Bank or ADIB
Abu Dhabi Islamic Bank (ADIB), an Islamic financial institution, reveals that it has introduced “Amwali,” which is an Islamic digital proposition meant for youth between the ages of 8 to 18. Amwali is …
( read original story …)
Philippines to lift COVID travel ban on 10 countries including UAE
Philippine President Rodrigo Duterte is lifting a coronavirus ban on travelers from 10 countries including India, the United Arab Emirates and Indonesia, …
( read original story …)
UAE a hotbed for cloud infrastructure players
Dubai corporate sector will be major beneficiary of cloud infrastructure development by Amazon Web Services (AWS) and it will boost trade and investment as well as attract global talent into the …
( read original story …)
BRICS New Development Bank Admits Bangladesh, UAE, Uruguay; India Welcomes New Members
India welcomed the newly appointed members chosen under the expansion drive, Indian External Affairs Ministry spokesman Arindam Bagchi said on September 4 …
( read original story …)
Emirates Global Aluminum close to naming US banks as lead underwriters for planned IPO: sources
All 3 US banks, including Citigroup, could be named for blockbuster IPO Abu Dhabi: Emirates Global Aluminium, the Middle East’s biggest producer of the metal, is poised to select three US banks as …
( read original story …)
International Islamic Trade Finance Corporation (ITFC) and FCI to host Online Conference on Islamic International Factoring
The International Islamic Trade Finance Corporation (ITFC) ( member of the Islamic Development Bank Group (IsDB) is partnering with FCI to host an online conference on Islamic International Factoring.
( read original story …)
Mubadala-Backed EGA Taps Banks for IPO at $15 Billion Value
Emirates Global Aluminium, the Middle East’s biggest producer of the metal, is poised to select three U.S. banks as lead underwriters for its potential initial public offering, people with knowledge …
( read original story …)