The inclusion, effective from May 27 2021, is expected to attract new foreign investors into Adnoc Distribution shares …
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UAE banks better positioned, thanks to economic recovery, high oil prices
The US bank expects that the UAE’s GDP will grow 2.4 per cent in 2021 and 3.5 per cent in 2022 as compared to 6.2 per cent contraction in 2020 …
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TAB Bank Rides Real-Time Payments Wave with Volante Technologies
TAB Bank, a full-service digital bank that services SME customers in all 50 states, selected Volante Technologies, the global leader in …
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UAE ranked among top 10 countries in 28 competitiveness indexes related to finance, taxes
Five major global organisations specialising in assessing competitiveness have ranked the UAE among the top ten countries in the world in 28 competitiveness indexes related to finance and taxes. This …
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Sustainable finance goes hand in hand with Islamic investing
The goal to uphold one’s ethical values and promote social welfare through investment has some origins in Sharia law, and it is also reflected in today’s sustainable finance solutions …
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Abu Dhabi’s ADNOC Distribution to join MSCI emerging markets index on May 27
Abu Dhabi-listed fuel retailer ADNOC Distribution announced on Wednesday that it will be included on the MSCI emerging markets index from May 27, 2021, it announced on Wednesday. ADNOC Distribution …
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Can Tencent-backed Waterdrop rebound from weak debut?
Shares of newly listed online insurance technology company Waterdrop fell another 6.8% to end Tuesday (11 May 2021) at US$7.92. They had tumbled 12.4 per cent at Monday’s close. At its New York Stock …
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Travel ban for UAE hospital operator B.R Shetty upheld in Karnataka High Court
Mumbai: A court on Wednesday refused to let BR Shetty, the founder of troubled hospital operator NMC Health, travel to the UAE, as it upheld a previous ruling. Shetty’s NMC, the UAE’s biggest hospital …
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Loan demand in UAE makes remarkable recovery in Q1
The Q1 2021 survey showed in terms of expectations, survey respondents expressed a positive outlook towards the upcoming quarter, foreseeing a rise in demand for loans from both consumers and …
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Federal Bank ties up with Mashreq Bank to offer instant money transfers from UAE to India
Mumbai: Federal Bank has entered into a strategic tie-up with Mashreq Bank one of the leading financial institutions in the UAE, to facilitate money transfers from the UAE to India. The partnership …
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Banking group unveils wealth management branch in Dubai
As multi-family office creates UAE operation to tap into the ‘underserved’ region #dubai #uae #wealthmanagement …
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This CEO is on a mission to create global citizens
DU Digital Globals Shivaz Rai has worked relentlessly to cater to the migration and business needs of executives.
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UAE, Italy export credit agencies discuss collaboration
Etihad Credit Insurance (ECI), the UAE Federal export credit company, and SACE, the Italian export credit agency recently discussed partnership in supporting sustainable development projects, trade …
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Federal Bank enters into tie-up with UAE’s Mashreq Bank
Federal Bank said on Monday it has entered into a strategic tie-up with UAE-based Mashreq Bank to facilitate money transfers from the UAE. Mashreq is one of the oldest banks and also the only …
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Federal Bank Joins Forces With Mashreq Bank to Offer Instant Money Transfers From UAE to India
Federal Bank announced on Monday it has joined forces with UAE financial institution Mashreq Bank to facilitate money transfers from the UAE to India. According to Federal Bank, the partnership will …
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Fitch Affirms Abu Dhabi Islamic Bank at ‘A+’; Outlook Stable
Fitch Ratings has affirmed UAE-based Abu Dhabi Islamic Bank’s (ADIB) Long-Term Issuer Default Rating (IDR) at ‘A+’ with …
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Last Call for Dubai – Updates from the iFX EXPO
The expo will be bursting with great speakers and brands in addition to old friends, new partners and exciting fintech connections.
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