Interesting News & Facts

  • The life of firms in post Covid-19 era?

       March 14, 2021     
    All markets and all economy stages are attractive for growing business, and often the problem does not lie in the external environment, as often, the best opportunity to build for success is during a period of adversity Ideally, life-publish/pre/for the duration of a crisis need to all be similar in concepts – the ‘WHAT’ does not trade, merely the ‘HOW’ c
  • Pakistan to get up to $1.5B investments through Roshan Digital Accounts

       March 14, 2021     
    Program pegged to be a third major source of foreign currency inflows into the country after rising remittances, steady exports Pakistan is predicted to get hold of as much as $1.Five billion overseas currency inflows thru the Roshan Digital Account (RDA) program this yr as distant places Pakistanis pose trust in the relevant bank’s initiative, specialists say. The RDA,
  • Home loan demand rising in mid, high-range segments in India

       March 14, 2021     
    Magicbricks survey showed that nearly 38 percent of consumers want to take a home loan ranging between Rs30 lakh and Rs1 crore Demand for home loans within the mid and excessive-range segments is at the upward push, showed a survey by using Magicbricks. It confirmed that almost 38 in line with cent clients need to take a domestic loan ranging between Rs30 lakh and Rs1 crore.
  • Emirates NBD approves 40% cash dividend to shareholders for 2021

       March 14, 2021     
    Emirates NBD chairman Sheikh Ahmed Bin Saeed Al Maktoum said 2020 was an unprecedented year Emirates NBD, a main banking group within the MENAT (Middle East, North Africa, and Turkey) vicinity, held its 14th General Assembly Meeting sincerely and authorized coins dividend of forty in step with cent to shareholders. Emirates NBD chairman Sheikh Ahmed Bin Saeed Al Maktoum stated
  • Dubai-listed bank waives loan fee of Covid vaccinated customers

       March 14, 2021     
    Al Salam Bank offers financing solutions with no administrative fees. Dubai-listed Bahraini lender Al Salam Bank is waiving loan expenses for customers vaccinated against Covid-19 in the contemporary nearby initiative aimed toward encouraging people to take the jab. The Bahrain-based Al Salam Bank is supp
  • Emirates NBD posts Dh7b net profit, income surges despite challenging environment

       January 31, 2021     
    Bank expects real GDP growth for 2021 to recover to 3.0 percent in Dubai. Dubai's biggest bank, Emirates NBD, declared on Wednesday a net benefit of Dh7 billion for 2020 as its complete pay flooded 4.0 percent to Dh23.2 billion notwithstanding a difficult working climate. The financial gathering said its net benefit declined 52
  • UAE's largest bank names first woman CEO

       January 31, 2021     
    Hana Al Rostamani appointed as group chief executive officer of FAB. First Abu Dhabi Bank selected Hana Al Rostamani as gathering CEO, elevating a lady to the top administrative role. Al Rostamani, right now the director of FAB Private Bank Suisse, will be the main female CEO of the $44 billion moneylenders and takes over from
  • UAE urges banks to step up fight against terrorism financing, money laundering

       January 31, 2021     
    The CBUAE introduced the supervisory agenda of the bank's Anti-Money Laundering Department. Monetary foundations in the UAE were encouraged to zero in on combatting tax evasion and financing for psychological oppression in a gathering went to by consistent officials from all banks. The Central Bank of the UAE (CBUAE) held the m
  • Dubai firms must list first on local bourses before listing abroad

       January 31, 2021     
    Foreign companies established and licensed outside the country with branches, assets, and activities in Dubai can also list their shares in local markets as either a primary or secondary listing Dubai has given new rules for the posting of neighborhood organizations, requesting that they list sell shares first in the nearby securities exchange and prior to going f
  • Worst is over for Dubai real estate market

       January 31, 2021     
    Dubai land area looks set to arrange a savvy recuperation this year because of rapid monetary recuperation, spending on framework improvement, development in exchange, and the travel industry areas from the Abraham Accords, specialists say. Alluding to most recent information, land engineers, chiefs and investigators said fin

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