Governments around the world are increasingly treating private sector companies as key partners in tackling societal challenges, including climate change
Under the new brand identity, Valu has refreshed its logo, application and overall visual identity to represent the company in a more modern and dynamic way
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Jio Financial plans to digitally deliver a range of products in the non-banking financial consumer market in India
On an annual basis, the central bank’s public budget surged by 32.15 per cent, equivalent to Dhs158bn
With digital transformation added into the mix, the modern CFO role has transformed into that of a future-facing navigator, combining risk mitigation with near-live opportunity mapping
The UAE banks invested in various projects in renewable energy, waste-to-energy, and green technology in 2022
The rupee closed at 83.1062 to a dollar on Friday, August 18, within striking distance of its record low of 83.2912 touched in October last year
Tawasal is a secure multi-purpose messenger and super app, which offers free calls, chats, video conferencing and lifestyle services
The kingdom in June sold more than $3bn in US government debt, offloading the securities for a third consecutive month
The MoU will see the creation of a working group to discuss new ways of delivering supply chain financing to small and medium enterprises in the UAE
The department urged the public to always use authorised money exchange houses or banks to exchange foreign currency
The case marks one of the first instances of a large conglomerate using the UAE federal bankruptcy regime to restructure its business
The prepaid debit card is accepted in more than 200 countries and offers UAE dirham and the US dollar
The firm’s market capitalisation exceeds Dhs1bn ($272m) and it has close to $5bn in assets under management
The central bank said the business and industrial sectors received credit financing mostly from traditional banks
The company’s profit in the first six months to June 30 rose by 2.3 per cent to KWD29.4m
ADNIC in its earnings release reported its underwriting profitability continued to be robust with a combined ratio of 87.60 per cent and a net insurance service profit of Dhs178.1m
The banking group’s net profit after tax and minority interest rose by 20 per cent to reach EGP405m
The MoU strengthens VARA’s aim to achieve full transparency and market conduct adherence across virtual asset service providers licenced to operate in Dubai
The banking group has closed senior financing transactions worth more than GBP650m over the past five years
The payments company said growth was driven by the UAE’s resilient domestic consumer spending and a strong influx of tourists
It attributed the drop in net profit to predominantly lowered remittance margins, higher costs as well as an increase in financing costs
The sovereign wealth funds from Saudi Arabia, Qatar and the UAE appear to have become go-to investors in difficult times for the global markets
The administrative sanctions are the result of findings which revealed serious regulatory misconduct
The project’s financing will reduce energy import dependency, stimulate economic activities, develop existing industries and create job opportunities for the population
Saudi Arabia dominated the region in terms of the number of listings, with four listings on the Tadawul’s main market raising $0.8bn
The agreement aims to enhance co-operation, co-ordination and information sharing between the DFSA and FIU to fulfill their respective obligations related to AML/CFT compliance
The company’s mobility solutions registered strong double-digit growth in the second quarter of the year, up 12 per cent
The rights issue was oversubscribed 7.4 times, with a total demand of Dhs4.1bn