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Top Dubai Executives Earned Over AED3m Each In Salaries And Bonuses In 2019
Middle East Business News - Published date: .
Latest filings from DFM show payments made Read more
Emirates REIT Asks For Identity Of Traders On Suspicious Trades
Middle East Business News - Published date: .
In May, Emirates REIT said it found evidence of irregular trading activity by certain market participants Read more
Extradition Hearing Of Former Abraaj CEO To Start In London
Middle East Business News - Published date: .
US authorities want Arif Naqvi to stand trial in America on charges of fraud and money laundering Read more
Finablr's Auditors EY Resign Over List Of 'concerns'
Middle East Business News - Published date: .
Non-executive directors Abdulrahman Basaddiq and Bassam Hage have also resigned Read more
Yallacompare Raises $4.25m From Kuwait-listed Gulf Insurance Group
Middle East Business News - Published date: .
Previous investors in yallacompare include STC Ventures, Wamda Capital, DSO and New York-based Argo Ventures Read more
US Law Firms To Pursue Legal Action Against Troubled NMC Health
Middle East Business News - Published date: .
Firms urging investors to contact them in a bid to recoup losses Read more
Embattled Finablr-owned Travelex Goes Up For Sale
Middle East Business News - Published date: .
BR Shetty has resigned from the board off Travelex, although he remains in place as chairman and majority stakeholder at... Read more
UAE's FTA Extends Deadline For VAT Filings, Payments
Middle East Business News - Published date: .
The move is valid for the tax period ending March 31 Read more
Emirates NBD's Q1 Profit Drops As It Sets Aside $700m In Covid-19 Provisions
Middle East Business News - Published date: .
Emirates NBD, Dubai's largest bank, reported a 24% drop in its first-quarter profit Read more
Finablr Appoints US Investment Bank As Independent Financial Advisor
Middle East Business News - Published date: .
Earlier in April, Finablr also announced that it appointed former Network International CEO Bhairav Trivedi as CEO Read more
Emirates Airline Said To Seek Billions In Loans, In Addition To Govt Support
Middle East Business News - Published date: .
Dubai government last week to shield the Emirates airline with new equity Read more
Dubai Islamic Slumps As NMC Exposure Risks Wiping 45% Of Profit
Middle East Business News - Published date: .
Dubai-based bank had about $425m of exposure at the end of March, while NMC owed its subsidiary Noor Bank about $116m Read more
Dubai Islamic Bank, Noor Bank Exposure To NMC At $541m
Middle East Business News - Published date: .
Abu Dhabi Commercial Bank has requested NMC be placed in administration Read more
Abu Dhabi Commercial Bank Requests NMC Be Placed In Administration
Middle East Business News - Published date: .
Embattled NMC has said such a move would endanger lives during coronavirus pandemic Read more
Inaugural $9.5m Emirates Loto Draw Rescheduled For April
Middle East Business News - Published date: .
First jackpot draw was due to take place on Saturday, tickets will be carried forward Read more
Lulu Exchange App Sees Surge In Downloads
Middle East Business News - Published date: .
LuLu Money has over 350,000 downloads to date, 15,000 of which were in the last 10 days Read more
UAE Central Bank Orders ATMs To Be Replenished With New Banknotes
Middle East Business News - Published date: .
Banks also asked to sanitising all ATMs on a regular basis and provide disposable latex gloves Read more
Abu Dhabi Banks Announce 17 Incentives To Help Amid Coronavirus Outbreak
Middle East Business News - Published date: .
The move is designed to provide for the immediate needs of people and SMEs impacted by the coronavirus Read more
Abu Dhabi Increases ADDH's Portfolio, Rebrands As ADQ
Middle East Business News - Published date: .
Additional companies added to the renamed ADQ's portfolio include Abu Dhabi Securities Exchange (ADX) and Image Nation Read more
SoftBank Said To Have Held Talks With Mubadala, Elliott Management On Going Private
Middle East Business News - Published date: .
SoftBank instead decided to move ahead with a plan to sell assets to pay down debt and boost a share buyback Read more