Monday, May 19, 2025

bank

UAE: Now, deposit or withdraw cryptocurrencies in dirhams through this bank

UAE residents can now deposit and withdraw UAE dirhams against cryptocurrencies they are holding. Crypto.com and Standard Chartered Bank have tied up to enable near-real-time processing of US dollar, euro and UAE dirham deposits and withdrawals on the cryptocurrency exchange...

The subscription coverage for Mashreq Bank bonds is 4.4 times

Mashreq Bank issues additional Tier 1 bonds worth $500 million, with the lowest return in 5 years. issued Mashreq Bank Additional Tier 1 bonds worth $500 million, with an annual rate of return of 7.125%, with a reset margin of...

Alec UAE chooses two banks to manage a public offering

The Investment Corporation of Dubai acquired Alec in 2017 from the Abu Dhabi-based Al Jaber Group Quoted Bloomberg Agency Informed sources said that Alec Engineering and Contracting Company is owned by...Investment Corporation of Dubai Emirates NBD Capital and JP Morgan...

Dubai billionaire has called for banks to remain open during long holidays

A Dubai billionaire has called for banks to remain open during long holidays as their closure causes “direct harm” to customers and the commercial sector. Khalaf Al Habtoor, founder and chairman of Al Habtoor Group, said the closure of the...

Latest News

UAE announces new cybersecurity rules for drones

Abu Dhabi: The UAE Cybersecurity Council (CSC) has unveiled the nation’s first comprehensive Drone Cybersecurity Guidelines. These were developed in...

UAE Blue Visa: Which jobs could get you the 10-year residency permit

A new 10-year UAE 'Blue Residency' announced recently could create hundreds of job opportunities for those who care about the environment, experts have said....

UAE: No visa required from Indian, Pakistani, Filipino residents to visit these countries

Citizens of many countries struggle and find it challenging to get visa-free entry to many countries. However, some countries from Africa, Oceania and Asia regions...

UAE Launches 180-Day Permit for Expats to Apply for Blue Residency Visa

The UAE has introduced a 180-day multiple-entry permit allowing expats to apply for the Blue Residency visa — a 10-year residency offered to individuals...

Sheikh Hamdan announces new leaders for key Dubai government entities

Dubai: Following the approval of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, in his capacity...