The green auto loan market has ramped up after two new players launched eco-friendly car finance products to encourage customers to buy hybrid or electric vehicles as part of the UAE’s 2021 Sustainabi…
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Noor Bank strategy to become world class Sharia bank
Dubai: Noor Bank after undergoing a recent management overhaul is working on a strategy to emerge as one among top ten contemporary Islamic banks in the world. The focus of the new team that took char…
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Noor Bank rolls out new proposition for the affluent
Dubai: Noor Wealth, a wealth management proposition by Noor Bank tailored to meet the personal and business financial needs of high-net-worth individuals (HNWIs), is a key pillar of the bank’s new ret…
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Dubai’s HBMSU to host China-UAE conference on Islamic banking in November
This year’s event is being organised under the theme, ‘The potential for participative economy and financial system: growth, development, integration, and cooperation’. The conference is strategically …
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UAE entrepreneurs face ongoing banking challenges, solutions proposed
A study from Dubai Chamber of Commerce and Industry (Dubai Chamber) conducted in coordination with the UAE Ministry of Economy, Council of Small and Medium-Sized Enterprises and global consultancy fir…
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Dubai Islamic Bank partners with Emirates Skywards
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has partnered with Emirates Skywards to launch a co-branded credit card that allows users to earn Skywards Miles and receive other added …
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Dubai eyes stronger business and investment ties with Egypt
Dubai FDI, the investment development agency of Dubai Economy Department (DED), has moved to further strengthen Dubai’s business and investment ties with Egypt, following its meeting with high-level E…
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Dubai rises on bank gains; other Gulf markets mixed
RIYADH: The Dubai stock market closed on a positive note on Wednesday helped by solid gains at Emirates NBD after the emirate’s largest bank reported solid quarterly earnings, while other markets were …
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China-UAE Conference on Islamic Banking to launch in November
DUBAI, 21st July, 2018 (WAM) — In line with the nationwide celebrations of ‘UAE-China Week’, Hamdan bin Mohammed Smart University, HBMSU, has reaffirmed its commitment to building bridges of knowledg…
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China shows rising interest in Middle East during Xi visit to UAE
RIYADH (Reuters) – China and the United Arab Emirates signed a raft of financial, business and trade agreements on Friday during a visit by President Xi Jinping to the UAE that signaled energy-hungry …
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Xi’s visit to UAE highlights China’s rising interest in Middle East
ABU DHABI (Reuters) – China and the United Arab Emirates signed a raft of financial, business and trade agreements on Friday during a visit by President Xi Jinping to the UAE, underscoring energy-hung…
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Financial cooperation between UAE, China could create possibilities for Gulf region
As the first Gulf country to forge a strategic partnership with China, the UAE has enjoyed a prosperous financial cooperation with China over many years. The bilateral economic and financial relations …
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Emirates Islamic Bank : reports 25% profit hike in 6M
Dubai – Mubasher: Emirates Islamic Bank has recorded a 25% year-on-year increase in net profit during the first six months of 2018, recording AED 485 million. Meanwhile, the bank’s total income grew 3 …
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UAE rolls out the economic red carpet for China
As part of joint efforts to foster a closer trading relationship and develop increased investment opportunities, the Central Bank of the UAE and the People’s Bank of China signed a bilateral currency …
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Emirates NBD Bank : , Emaar Properties support DFM in week
Dubai – Mubasher:The Dubai Financial Market (DFM) concluded the week ended 19 July on a positive note backed by banking and real estate stocks. The DFMGI gained 1.45% or 42 points to close the week at …
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Tint World® Enters UAE Market With New Location in Dubai
“Khalil’s background as an entrepreneur and Dubai’s passion for cars make this a perfect fit for the Tint World® family,” Bonfiglio said. “He and his family have a lot of business experience in the re…
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South Sudan abandons Kenya as a prime banking destination
South Sudan has abandoned Kenya as one of its key banking destinations following a complex court battle with a Khartoum-based contractor, Dubai Bank founder Hassan Zubeidi and the Kenya Deposit Insura…
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