Abu Dhabi Islamic Bank (ADIB) has launched a remote sales platform allowing customers to converse with the bank and apply for personal finance, covered cards, takaful, and other banking products …
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Commercial Bank of Dubai to partner with NOW Money to provide financial inclusion across The UAE
Money will open accounts for existing CBD low-income customers (previously known as Rateb customers) with immediate effect, allowing these customers to benefit from a frictionless digital experience a …
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JGroup invests $15 million in Dubai-based FoxPush
Source: Khaleej times JGroup, a Lebanon-based holding company with a vast portfolio of subsidiaries across the Middle East, …
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The man at centre of Islamic bank’s Kenyan expansion
Dubai Islamic Bank CEO says a well-structured lender should not engage in irregularities that have seen collapse of many banks.
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MENA investment banking fees up 4% at $895.7mln in nine months: Refinitiv
The value of announced M&A transactions with any MENA involvement reached $58.0 billion during the first nine months of 2020, according to the gloabal data provider …
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UAE Banks Federation reviews achievements in conference
Al Ghurair said: It has been a privilege to see UAE Banks Federation playing a significant role in facilitating positive developments and transformations that are taking place across the banking …
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talabat partners with the UAE Food Bank to reduce food waste
Dubai: talabat, the region’s leading food and grocery delivery platform, has announced its official agreement with The UAE Food Bank, a non-profit charitable organisation under the umbrella of the His …
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Bahrain ASMA’s Asia-focused arm files for $200m IPO
SINGAPORE — Bahrain-based multi-fund asset management firm ASMA Capital Partners has filed for a $200 million IPO on Nasdaq of Global SPAC Partners, which will seek acquisitions in the Middle East, …
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Who Objected To $2B In Cum-Ex Trades? Not The Lawyers
I live in Dubai so it’s natural for me to have companies in so-called … No lawyer said, ‘This is crazy’ Long before Shah’s hedge fund Solo Capital Partners and its cum-ex trades attracted the …
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JGroup to invest $15mln in Dubai-based FoxPush
This Dubai-based homegrown company has taken a giant leap within … the global market and ultimately is the first company based in Dubai to be a global IPO.” Mohammed AlMalki, founder and CEO at …
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UAE Ministry of Finance heads first round of negotiations on investments agreement with Israel
Secretary of the Ministry of Finance, MoF, headed the participating UAE delegation in the first round of negotiations on the UAE-Israel agreement to protect and encourage investments, which took place …
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UAE, Israel working on double tax treaty to encourage investment
The United Arab Emirates and Israel have reached a preliminary agreement on avoiding double taxation, as part of moves to encourage investments between the two countries, the UAE finance ministry said …
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UAE, Israel to Start Talks to Avoid Double Taxation
The talks are set to begin soon, state-run WAM news agency reported, citing the UAE finance ministry’s undersecretray Younis Al-Khoori. Israel’s Cabinet Approves UAE Pact as Leaders Plan Meeting …
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UAE: Why are remittance fees still quite high?
Remit fees still takes quite a bite out of your transfers, here’s why and what can be done Cash, debit or credit: What’s the right mix for UAE residents this pandemic? It’s often been told that …
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H.E. Obaid Humaid Al Tayer participates in fourth G20 Finance Ministers and Central Bank Governors’ meeting
Heading the attending UAE delegation, H.E. Obaid Humaid Al Tayer, Minister of State for Financial Affairs, participated in the fourth G20 Finance Ministers and Central Bank Governors’ meeting that …
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JGroup to invest $15m in Dubai-based FoxPush
By leveraging its advanced suite of solutions, FoxPush today can reach 3 out of 5 people living in the Middle East and North Africa region.
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UAE banks should be pushing mortgages to prop up property demand
On the one hand, easier and cheaper access to credit reduces borrower financing constraints and increases the total demand for housing, which in turn leads to higher prices. Conversely, however, …
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