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Money Trade Coin listed on cryptocurrency exchangeMoney Trade Coin, a cryptocurrency, was listed on NovaExchange today and trading was launched immediately, the company said in a statement. The listing event was held at Burj Al Arab, Dubai, UAE, and was attended by Sheikh Saqer Al Nahyan along with a list of 40 VIP guests includ More… |
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EDB launches new housing loan scheme for UAE nationalsThe Emirates Development Bank (EDB) has launched a new finance scheme under which UAE nationals who have obtained relevant approvals from the country's major housing institutions including Sheikh Zayed Housing Programme, the Abu Dhabi Housing Authority, the Mohammed bin Rashid Housing Found More… |
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New Bahrain Islamic banking rules are credit positive: Moody'sThe Central Bank of Bahrain's (CBB) new Shari’ah governance regulations applicable to wholesale and retail Islamic banks in Bahrain are credit positive for investors because they will lead to a more consistent and robust system for ensuring Shari’ah compliance for Islamic produc More… |
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IPS signs deal for SmartVista payment platformBahrain-based International Payment Services, a third-party payment processing company, has signed a purchase agreement with BPC Banking Technologies, a leading provider of open system e-payment solutions for the global financial industry, for its payment processing platform SmartVista. More… |
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Fewa, Al Fardan sign strategic partnershipUAE's Federal Electricity & Water Authority (Fewa) recently signed an agreement with Al Fardan Exchange, a leader in the UAE remittance market, to improve customer experience and provide seamless payment solutions across the country. Shaikha Murad Abdullah Karam, director More… |
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DMCC signs strategic deal to boost China tiesDubai Multi Commodity Centre (DMCC) has signed a partnership agreement with the Xi'an International Trade and Logistic Park at the Xian Dubai Free Trade Zone Economic Cooperation Conference 2017 in China. The Memorandum of Understanding (MoU) sets out to open doors for busine More… |
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Mastercard appoints new country manager for Saudi ArabiaMastercard, a leading technology company in the global payments industry, has announced the appointment of J K Khalil as the company’s country manager for Saudi Arabia. With his extensive experience and in-depth knowledge of the local market, Khalil will be in charge of promoting More… |
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Impact Investing: do good and do wellThe need is immense in terms of infrastructure, jobs and capacity building in our neighbourhood. Impact investments provide both ROI as well as the social return, writes Shainoor Khoja, MD, Foundation Holdings’ Value Healthcare Platform, in an article to Trade More… |
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Abraaj Group appoints Kito de Boer as managing partnerThe Abraaj Group, a leading investor operating in global growth markets, has announced the appointment of Kito de Boer as managing partner. De Boer has over 30 years’ experience across diverse geographies and sectors. In 2014, de Boer was appointed by More… |
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UAE listed firms give $8.8bn in dividend, bonusCash dividends and bonus shares to the tune of Dh32.5 billion ($8.8 billion) have been distributed by 79 companies listed at Abu Dhabi Securities Exchange and Dubai Financial Market for Fiscal Year 2016, a report said. Distribution of such big gains goes in line with the listed c More… |
