The Dubai International Financial Centre (DIFC) has introduced a new insolvency law, which will place the financial centre in line with best practices and at the forefront of complicated debt …
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Dubai rare coins firm plans IPO in Stockholm
Numisbing, a Dubai-based numismatics and arts company, is planning to IPO on Nasdaq First North Stock Exchange in Stockholm, Sweden, next month. The company, valued at AED100 million with 75 percent …
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UAE ranks second in global token sales
The Abu Dhabi Global Markets and Dubai International Financial Centre free zones already have blockchain-specific regulations in place. Not only that but UAE and Saudi-Arabias’ central banks are also …
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Dubai Islamic Bank Board Recommends Buying Local Competitor
Dubai Islamic Bank PJSC is proceeding with plans to acquire a smaller local rival as the United Arab Emirates’ biggest Islamic lender joins a regional wave of mergers and acquisitions. The shares …
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Demand for Islamic banking to drive profitability in UAE
Dubai: Emirates Islamic, belonging to Emirates NBD Group, is gaining traction in asset growth, profitability and asset quality, thanks to strong demand for Islamic banking services, a sharply focused …
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Retail banking strategy to drive asset growth
Dubai: Emirates Islamic’s balance sheet is dominated by retail banking assets and going forward, this will continue to be the key driver of both asset growth and profitability, said Wasim Saifi, …
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Qatar imposes additional restrictions on UAE’s largest bank
DUBAI (Reuters) – Qatar has placed further restrictions on First Abu Dhabi Bank, the United Arab Emirates’ largest lender, as it continues a probe into alleged currency manipulation begun after the …
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Network International listed on FSE 250 Index
The Dubai-based outfit, which enables digital commerce in the Middle East and Africa, has been included in the prominent index after its hugely successful initial public offering (IPO) in April this …
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World of Wonders Real Estate Development, Dubai Islamic Bank introduce home finance solution for SLS Dubai residences
A truly exclusive home finance solution that brings greater affordability for end users and potential to earn more than 45% return on equity for investors during the first 7 years. A development by …
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UAE- Emirates NBD highlights commitment to preserving marine biodiversity on World Ocean Day
(MENAFN – Dubai PR Network) Bank’s Keep the Creek Clean initiative clears more than 5,400kgs of waste from the ocean Dubai, 08 June 2019: Emirates NBD, a leading financial institution in the …
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Banking reforms key to Narendra Modi’s second term, analysts say
The World Bank estimates that recovery rates – accounting for the outcome … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and …
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Dubai banks involved in money laundering scandal
Instead of looking into the source of such money, Dubai bank is cooperating with their clients in shifting funds to various banks in the world. In 2009, a Bangladeshi family had smuggled-out millions …
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UAE among top 10 markets for billionaires globally
Farzad Billimoria, UAE head of HSBC Private Banking – DIFC branch, also noted that growth of wealth in the UAE has been positive due to several factors. “One is the geographical advantage of where the …
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Finance Manager ( Only CA’s) (Should be immediately Available) – Projobs4You – Dubai Jobs
• Position: ” Finance Manager (CA Only)- Should be Immediately Available” For UAE based Distributor of major brands in CE, HA, AC, Appliances covering 100 + countries. • Location: Dubai, UAE • …
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Blood, body parts were scattered all around: Dubai bus accident survivor
The bus, coming from Oman’s capital Muscat to Dubai, was carrying 31 passengers when it crashed into a height barrier that cut the left side of the bus and killed passengers sitting on that side on …
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HYCM Offers Exclusive Opportunity to Take Your Trading to the Next Level in Dubai
The host for both days is Giles Coghlan, hedge fund trader and currency analyst … and exclusive valet parking will be provided at the Dukes Dubai Hotel. To book a place, head over to the HYCM …
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Confirmation Continues Global Expansion in Dubai, United Arab Emirates
DUBAI, United Arab Emirates, June 5, 2019 /PRNewswire/ — Confirmation, the world’s leading online platform to verify sensitive financial data, announced today that it has established a presence in …
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