Tag: Dubai
New Age Banking Summit 2019 to Convene Most Powerful Industry leaders
BusinessLive Middle East’s New Age Banking Summit, Dubai 2019 will convene the most powerful finance and industry leaders for candid conversations about the important...
Emirates NBD Posts 49% Profit Jump on Network Sale
(Bloomberg) -- Emirates NBD's first-half profit jumped 49% as Dubai’s biggest bank benefited from the sale of a stake in its card payments processing unit.Net...
New Age Digital Banking Summit, Dubai, UAE
Since the dawn of the digital revolution, it has become abundantly clear that the survival of banks and fintechs depends on making smart technology...
Dubai’s Jobless Recovery Adds Asterisk to Biggest Boom in Years
(Bloomberg) -- Dubai is getting by with less as the emirate’s economic turnaround leaves a trail of job losses.Although business confidence is on the rise,...
DIFC Strengthens Leadership Team to Drive Vision for Future Growth
- Strategic appointments and promotions focus on digital transformation and innovation
- Aims to develop and support the succession of Emirati talent, in line with...
Central Bank of the UAE Publishes Financial Stability Report for 2018
The Central Bank of the UAE (CBUAE) publishes its 2018 Financial Stability Report (FSR). The FSR provides relevant information, financial data, and stability assessments...
Dubai’s Limitless Seeks to Delay Debt Repayments for Third Time
(Bloomberg) -- Limitless LLC asked banks to delay debt repayments for a third time as an on-going slump in property prices weighs on the Dubai-based...
CVC Nears $1 Billion Deal for Stake in Dubai’s GEMS Education
(Bloomberg) -- CVC Capital Partners is close to a deal for a 25% stake in Dubai’s GEMS Education, a private school operator backed by Blackstone...
Emirates NBD Gets Key Approval for Turkey Denizbank Deal
(Bloomberg) -- Emirates NBD received a key regulatory approval taking Dubai’s biggest lender a step closer to completing its purchase of Turkey’s Denizbank, two...
How 5G is Ushering in a New Era for Businesses in...
The wait for 5G ended in UAE when the telecom leader Etisalat launched the country’s first 5G-enabled smartphone ZTE Axon Pro10, on June 4....
