Secretary of Ministry of Finance, has said that the United Arab Emirates has proven itself to be a model to the world when it comes to dealing with the novel coronavirus, COVID-19, …
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Network International to acquire Africa’s leading online commerce platform DPO for $288m
Acquisition to accelerate Network’s Africa growth through online payments and mobile money Dubai: Network International Holdings plc, the Dubai headquartered enabler of digital commerce across the …
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Instinctif, Advert One complete IPO advisory role for Amlak International
RIYADH — Instinctif Partners and Advert One have completed their role in providing strategic communications counsel and public relations to Saudi Arabia’s leading non-bank real estate lender, Amlak …
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KKR’s corporate lending arm to merge with NBFC startup Incred Finance; to emerge as largest shareholder
KKR’s investors including the US-based Teacher Retirement System of Texas and UAE’s sovereign wealth fund Abu Dhabi Investment Authority will become the largest investors in the merged entity.
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Abu Dhabi Commercial Bank cuts employees
Speculation is that these job cuts number around 400 staffers Dubai: Abu Dhabi Commercial Bank (ADCB) is letting go hundreds of employees – the latest in a round of lay-offs by regional banks as …
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The Business Of Social Media Influencers In The UAE
We look into how the business of influencers is operated in the UAE and what legal ramifications could be in store for an influencer’s failure to influence.
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BCCI writes to UAE ahead of proposed 2020 IPL move
The Indian Premier League is close to a temporary move to the United Arab Emirates amid the coronavirus pandemic.
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Air India Express Opens Booking for Repatriation Flights to UAE Starting from August 1
The last repatriation operations to the UAE was announced by the Ministry of Civil Aviation on July 9 with international flights to the destination between July 12 and July 26.
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UAE’s courier market set to grow by 7.5% annually
Referring to latest research data released by Mordor Intelligence, they said CEP market in the UAE is expected to post 7.5% compound annual growth rate between 2020 to 2025. They said growing …
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Central Bank of UAE to press on with measures that support growth and digital banking
The Central Bank of the UAE will continue to focus on the financial and fiscal stability during the current crisis, supporting economic growth, countering inflation and boosting the country’s foreign …
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Mansour bin Zayed directs more support for financial stability, digitalisation of banking sector
H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, has commended the role played by the Central Bank of the UAE, CBUAE, and its role in regulating and …
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Mashreq Bank: Executive Appointment: Mashreq appoints James as Head of FI and NBFI
DUBAI, UAE / ACCESSWIRE / July 26, 2020 / Mashreq, one of the leading financial institutions in the UAE, has recently appointed James …
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SAP announces plan to take Qualtrics public through US IPO
SAP bought Qualtrics ahead of its planned IPO in 2018 for around $8 billion SAP announced Sunday it plans to take its Qualtrics cloud-software business public through an initial public offering. SAP …
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Dubai Economy hosts online workshops for DQA and DHDA applicants
Dubai Economy has conducted its first ever online workshops for the new applicants in the 2020 cycle of the Dubai Quality Award (DQA) and …
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Saudi car rental Theeb hires Fransi Capital for IPO
Investcorp likely to reduce its stake in the care hire business Dubai: Saudi Arabia’s Theeb Rent-a-Car hired Saudi Fransi Capital to advise on a potential initial public offering, according to people …
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Dubai-China FinTech agreement brings new opportunities for Dubai International Financial Centre
They now share a vision with DIFC to drive the future of finance by developing the next generation of tools for use in the industry. With Dubai recognised as one of the world’s top ten FinTech hubs …
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UAE’s Dana Gas appoints financial adviser for Islamic bonds
Dana Gas rocked the global Islamic finance industry in 2017, when it said it would not redeem its $700 million sukuk, or Islamic bonds, arguing they were no longer valid under UAE law because of …
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