Business & Money | Sunday 23 April, 2023 5:24 pm

Standard Chartered: “Bonds and Gold to outperform Equities”

Raises allocation to DM bonds and Gold at the expense of equitiesGrowing expectations of a US and EU recession this yearChina turnaround with accelerating economic recovery Standard Chartered announced today its Global Market Outlook report which examines major asset classes globally. In its...

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Business & Money | Thursday 20 April, 2023 5:26 pm

Azizi Developments launches Azizi Amber in Al Furjan

Azizi Developments, a leading private developer in the UAE, has just announced its latest launch: Azizi Amber in Al Furjan. The development, scheduled to be completed in Q4 2024, comprises a mix of studios, one-, two- and three-bedroom residences, as well as several premium amenities, including a...

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Business & Money | Thursday 20 April, 2023 5:17 pm

Emaar Development Acknowledges its Robust Performance for 2022 at its Annual General Meeting

Emaar Development PJSC (DFM: EMAARDEV) held its Annual General Meeting (AGM) where the Board of Directors reported Emaar's strong performance for 2022. At the AGM, shareholders approved the Board of Directors' proposal to distribute dividend of AED 2.081 billion (US$ 567 million) which equals...

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Business & Money | Thursday 20 April, 2023 5:00 pm

Mastercard and DIFC to drive digital transformation by partnering with FinTech companies

The partnership will provide FinTech companies with access to Mastercard's network and expertise and DIFC's world-class financial ecosystemDubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has signed a...

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Business & Money | Wednesday 19 April, 2023 3:30 pm

Thakher Makkah Project: Land Sales MoUs Signed for over SAR 1.5 Billion

Paving the way for the construction of three luxury residential and hotel towers Thakher Development Company, the master developer of the master plan and infrastructure of Thakher Makkah project, has announced the sale of several land plots with the aim of developing them within the project....

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Business & Money | Wednesday 19 April, 2023 3:14 pm

Informa Markets and IMarEST UAE partner to develop a globally competent maritime workforce and drive the UAE’s progress

The partnership for Seatrade Maritime Logistics Middle East 2023 is a major move to promote the significant role of maritime engineering and its impact on the UAE's maritime sectorInforma Markets and the Institute of Marine Engineering, Science & Technology UAE (IMarEST UAE) announced a...

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Business & Money | Wednesday 19 April, 2023 9:05 am

Citi Appoints Shamsa Al-Falasi as CEO of Citibank, N.A. UAE Onshore Branch

First Emirati Woman to Assume this RoleWill also Serve as Chief Administrative Officer for Citi’s Full UAE OperationsCiti announced the appointment of Shamsa Al-Falasi as Chief Executive Officer of Citibank, N.A. UAE Onshore Branch, in the United Arab Emirates (UAE), subject to regulatory...

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Business & Money | Monday 17 April, 2023 3:56 pm

Bayt.com Poll: 92% of MENA Companies Hire Candidates Based on Their Ability to Work in Teams

Almost 6 in 10 professionals prefer jobs that require teamwork The Teamwork in the MENA Workplace Poll 2023 by Bayt.com, the Middle East's #1 job site, revealed a variety of insights about the effect of teamwork as a crucial factor for achieving organizational goals. Nearly 6 in 10...

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Business & Money | Monday 17 April, 2023 3:36 pm

RAKEZ delegation highlights investment opportunities available in Ras Al Khaimah for Russian investors

A delegation from Ras Al Khaimah Economic Zone (RAKEZ) concluded its visit to Russia with participation in multiple business events where they engaged with entrepreneurs across a range of industries, from construction and manufacturing to information technology and fast-moving consumer goods...

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Business & Money | Sunday 16 April, 2023 6:26 pm

ADIB becomes first Islamic Bank to Go Live on the UAE KYC Blockchain Platform

The initiative was launched in February 2020 by DET in partnership with four founding member banks.DET aims to accelerate the expansion of the ecosystem and connect more financial institutions.Swedish fintech company, norbloc, is the technology provider, enabling the ecosystem via its Fides...

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