Dubai Financial Market (DFM) in partnership with the Canadian … We are extremely excited as we will be welcoming First Abu Dhabi Bank and Emirates NBD to our fold as partners in this venture.” Successful traders and reputable financial firms are …
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Dubai Holding unit is said to seek $572m for refinancing
Dubai Holding’s Emirates International Telecommunications … The company, which owns stakes in Axiom Telecom and Du, is speaking to lenders including Emirates NBD PJSC, Noor Bank PJSC and Commercial Bank International PSC about a club loan, said the …
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Modi inaugurates summit and a temple during whirlwind UAE visit
Modi praised the UAE, home to 3.3 million Indian nationals … Highlighting his government’s cutting-edge initiatives, such as a unified ID system linked to mobile phones and bank accounts, Modi appeared right at home in the tech-obsessed emirate.
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UAE Product Awards 2018
The annual Banker Middle East UAE Product Awards are designed to recognise banking and financial products and services that are either exceptionally innovative or have witnessed excellent financial performance and/or transference of market share.
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Ripple lands largest Middle East client in UAE Exchange
UAE Exchange follows in the footsteps of India’s Axis Bank, which also recently joined the RippleNet messaging system to speed remittance flows between India and the Middle East through an arrangement with the UAE’s Rakbank.
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UAE Exchange Partners with Ripple for Instant Cross-Border Payments
Through this partnership, UAE Exchange joins RippleNet, Ripple’s enterprise blockchain network with over 100-member banks and financial institutions. Leveraging the strengths of Ripple’s leading enterprise blockchain solution for payments, which …
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Dubai Investments Plans IPO of Emicool Unit
Dubai Investments PJSC plans to sell shares in its cooling unit Emicool in the fourth quarter and aims to start a 3-billion-dirham ($817 million) real estate investment trust as it seeks to boost profit. Chief Executive Officer Khalid Bin Kalban told …
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Abu Dhabi financial regulator may create framework for virtual currencies
The regulator of Abu Dhabi’s international financial center said it could create rules for exchanges handling virtual currencies, in a sign that authorities in the UAE may allow trade in cryptocurrencies such as bitcoin to develop. The Financial Services …
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GLOBALES: Dubai Investments Plans IPO of Emicool Unit in Fourth Quarter
Bloomberg / Dubai Investments PJSC plans to sell shares in its cooling unit Emicool in the fourth quarter and aims to start a 3-billion-dirham ($817 million) real estate investment trust as it seeks to boost profit. Chief Executive Officer Khalid Bin …
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Dubai Investments plans IPO of Emicool unit in Q4
Dubai Investments plans to sell shares in its cooling unit Emicool in the fourth quarter and aims to start a AED 3 billion ($817 million) real estate investment trust as it seeks to boost profit. Chief Executive Officer Khalid Bin Kalban told Bloomberg …
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Dubai Investments Plans IPO of Emicool Unit in Fourth Quarter
‘Why We Were Expecting A Rate Hike’ Budget 2018’s Building Blocks For A New Rural Governance System Oil Hunger to Grow in Nation Aiming For Only Electric Car Sales Stock Bulls Better Be Careful What They Wish For 5 Rules to Help Avoid Investing …
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DFSA Signs MoU with Central Bank of Oman
The Dubai Financial Services Authority (DFSA) and the Central Bank of Oman signed a Memorandum of Understanding (MoU) to cooperate in the supervision and authorisation of firms operating in both markets. The MoU was signed in the Dubai International …
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‘How Sterling Bank Helped My Dream of Visiting Dubai’
Recently Sterling Bank Plc unveiled a new promo tagged 1dament to reward its existing and new customers. The promo which kicked off in the first week of December 2017, coincided with the Christmas season and the New Year, and will end in March. At the …
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UAE Exchange uses blockchain for instant cross-border payments
Through this partnership, UAE Exchange joins RippleNet, Ripple’s enterprise blockchain network with over 100-member banks and financial institutions. Leveraging the strengths of Ripple’s leading enterprise blockchain solution for payments, which provides …
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UAE ranked 3rd for Islamic Fintech start-ups
Crowdfunding and peer-to-peer (P2P) financing could be a game-changer in Islamic finance, it suggests, giving wider reach and potential to close the gap for small and medium enterprises, SMEs, which generated about 60 per cent of UAE GDP in 2014 …
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UAE Launches Seed Grants to Support New Research into Space Settlement & Space Habitation
Established by the Dubai Future Foundation, the Mohammed bin Rashid Space Settlement Challenge works to reward the best ideas from around the world. In its commitment to accelerating global space exploration activities, the UAE launches the Space …
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Commercial Bank International expects 5 per cent loan growth in 2018 as oil and debt demand pick up
Dubai-based bank Commercial Bank International expects 5 per cent loan growth this year as the UAE’s economy turns the corner amid higher oil prices and demand for debt increases, its chief executive officer said. “I think 2018 has the potential to be …
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