At the end of 2020, global commodities trader Trafigura bought a 10% stake in Russian state oil producer Rosneft’s Vostok Oil, which operates a number of fields and projects in northern Russia and the …
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Middle East Crude-Benchmarks inch up as traders await OSPs
SINGAPORE- Middle East crude benchmarks Oman and Dubai edged up on Monday … while demand for oil continued to rise. Hedge funds focused on commodities have generated strong returns in 2021 and …
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FAB and MBRHE partner to provide housing finance for UAE Nationals
First Abu Dhabi Bank (FAB) has signed an agreement with the Mohammed Bin Rashid Housing Establishment (MBRHE) to provide flexible financing options for UAE Nationals seeking suitable family …
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Sheesha Finance and Draper Goren Holm to Support the Best DeFi Startups
Created by investment heavyweights Tim Draper, Alon Goren, and Josef Holm, Draper Goren Holm focuses on incubating and accelerating the best early-stage startups from around the world. The strategic …
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Smart Dubai and partners complete first phase of unified staff registry
Dubai: Smart Dubai has completed the first phase of the ‘Unified Registry For Dubai Government Employees’ project, launched in collaboration with the Dubai Government Human Resources Department and …
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Greenstone wins award for ‘Best Risk & Compliance Implementation’ at MEA Finance Awards 2021
The the winners were announced at a gala event held at the Armani Hotel, Burj Khalifa, Dubai, with over 100 industry leaders from the banking and financial services ecosystem in attendance …
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UAE Central Bank sets up encrypted whistleblowing portal to report misconduct
The Central Bank of the United Arab Emirates (CBUAE) has set up an encrypted whistleblowing portal for internal and external stakeholders to voice concerns …
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UAE: Now, report violations by bank employees anonymously
The portal aims at addressing occurrences of alleged illegal and unethical practices by taking the necessary action.
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UAE Central Bank adds whistleblowing feature on website to highlight any policy violations
Anyone can voice anonymous concerns on website and have these acted upon Dubai: The UAE Central Bank has launched a new whistleblowing portal to anonymously raise any concern related to misconduct or …
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UAE central bank sets up ‘whistleblowing’ portal for misconduct, unethical practices
The UAE Central Bank has set up a special platform for whistleblowers to anonymously report misconduct and other wrongdoings that may be committed by any of its staff, contractors and representatives.
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Dubai Property Fund Rescinds Debt Offer After Bondholders Revolt
Dubai-based Emirates REIT on Monday withdrew the restructuring proposal for its $400 million Islamic bond after a group of investors successfully opposed the deal.
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UAE strives to make peace with nature
UN Secretary-General Antonio Guterres’ move to launch “an unprecedented effort to heal the Earth,” a world awash in climate disruption and spiralling pollution, is truly praiseworthy. This was done on …
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5 Best Cryptocurrencies to Invest in According to Hedge Funds
In this article we discuss the 5 best cryptocurrencies to invest in according to hedge fund billionaires. If you want to read our detailed analysis …
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Pakistanis in UAE largest senders of remittances through RDAs
The UAE also ranks second in terms of account openings … More products being added Pakistan is also considering adding new products, including house finance in Roshan Digital Accounts (RDAs) for …
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Banking on continued change in the UAE’s financial services sector
Women are playing an even greater role at a corporate level and in the investment sphere, according to Rasha Badawi, head of Barclays Private Bank in the UAE …
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CBD recognised with awards for digital banking
Commercial Bank of Dubai (CBD), a leading bank in the UAE, has won the ‘Best Innovation in Retail Banking’ award for its …
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Electronic connection activated between Abu Dhabi Judicial Department and UAE Central Bank
Abu Dhabi: (ADJD) has begun activating the electronic connection between the Enforcement Division and the UAE Central Bank, with the aim of expediting the processes to facilitate the procedures for …
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