Dubai and Abu Dhabi in the United Arab Emirates (UAE) could soon join London, New York and Hong Kong in the world’s top 10 global financial centre rankings, thanks to new government laws affecting exp…
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UAE’s new expat laws could make it top ten world financial hub in a decade
Dubai and Abu Dhabi in the United Arab Emirates (UAE) could soon join London, New York and Hong Kong in the world’s top 10 global financial centre rankings, thanks to new government laws affecting exp…
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Is the UAE’s new five-year visa a game changer for expat retirement?
Financial advice for expatriates in the UAE has traditionally focused on investing offshore, to ensure pension pots are accessible in whatever country they choose to relocate to. A new plan announced …
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Why are certain personal UAE bank accounts frozen?
Read 2017 report reaffirms robust, resilient UAE banking industry Ultimately, professionals at Guardian Wealth Management, the world’s leading provider of international lifestyle financial planning, s…
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United Arab Emirates shares lower at close of trade; DFM General down 0.79%
Investing.com – United Arab Emirates equities were lower at the close on Monday, as losses in the Real Estate & Construction, Finance & Investment and Banking sectors propelled shares lower. At the cl…
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UAE gas firm Brooge Petroleum eyes London IPO
RELATED ARTICLES: UAE set to build oil pipeline between Ethiopia, Eritrea | Chinese firm to build two Saudi Aramco oil islands | Baker Hughes wins Saudi Aramco’s Marjan oilfield expansion contract The …
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UAE’s Brooge Petroleum plans to float 40 percent stake in London IPO
DUBAI (Reuters) – The United Arab Emirates’ Brooge Petroleum & Gas Investment Co. plans to float 40 percent of its capital on the London Stock Exchange in October, Chief Executive Officer Nicolaas Paa…
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Roadblocks To Innovation: UAE Small Businesses Sound Off On Working With Banks
The relationship between banks and small-scale ventures in the UAE has always been close (by its very nature), but also quite intense- by choice, apparently. On one hand, the local banking sector ofte…
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UAE’s Brooge Petroleum plans to float 40 percent in London IPO
BPGIC is looking to raise $400 million (£306 million) from Emirati and foreign investors in the IPO, to be conducted in a single tranche, he told Reuters in Dubai. The IPO plan comes as the company pl…
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Roadblocks To Innovation: Banking For Startups In The UAE
You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. The relationship between banks and small-scale ventures in the UAE has always been close (by its very nature) …
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UAE Ministry of Finance Holds a Roundtable Discussion to Enhance Financial Coordination
The Ministry of Finance (MoF), in collaboration with the World Bank Group (WBG), held a roundtable discussion on the project to strengthen the financial coordination of the health and education sector…
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UAE Ministry of Finance to enhance financial coordination
The Ministry of Finance (MoF), in collaboration with the World Bank Group (WBG), held a roundtable discussion on the project to strengthen the financial coordination of the health and education sector…
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Network International’s owners pick banks for float: sources
LONDON/NEW YORK/DUBAI (Reuters) – The owners of Network International are working with investment banks Evercore (EVR.N) and Citi (C.N) on an initial public offering (IPO) of the largest payment proce…
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Dubai real estate needs more institutional investors: Rera chief
The Dubai property sector needs more hedge fund investors from Pakistan and other countries, the chief of the Real Estate Regulatory Authority (Rera) said on Friday. “In the last three years, Pakistan…
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UAE banking sector tops in GCC with H1 assets surging to Dh2.7t
The UAE banking sector, currently undergoing a new cycle of consolidation, continues to surpass GCC peers in terms of total assets that had surged two per cent to Dh2.7 trillion ($748 billion) in the …
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Profitability among top UAE banks continues to improve in Q2
Global professional services firm Alvarez & Marsal (A&M) said in its latest UAE Banking Pulse that operating income and net interest margins were significantly higher than in the previous quarter. Com…
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UAE banks lead Gulf peers with $748bn in assets
The UAE banking sector has continued to top other GCC counterparts in terms of assets value during the first half (H1) of 2018, with a total value of Dh2.7 trillion ($748 billion), a growth of 2 per c…
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