Hesham Abdulla Al Qassim rings the market-opening bell at Nasdaq Dubai. WAM
Noor Bank, one of the leading Shari’ah-compliant banks in the UAE, entered a successful collaboration with Azimut (DIFC) Limited to launch the largest US-dollar Islamic fixed maturity plan (FMP) in the UAE under a Dubai International Financial Centre (DIFC) domiciliation.
Sheikh Mohammed Bin Faisal Al Qasimi, Chairman and CEO of MBF Group has signed an investment partnership with Hussain Al-Tantawi, Executive Director of the National Bank of Egypt (NBE), at (DIFC) office, in the presence of Tariq Al Ghazali, General Manager of the Bank’s representative office in the UAE.
Dubai Islamic Bank (DIB), amongst the largest Islamic bank in the world is set to acquire Noor Bank, enhancing Dubai’s position as the capital of Islamic economy and creating the region’s most powerful Shari’a banking group.
du, from Emirates Integrated Telecommunications Company (EITC), has strengthened its partnership with Abu Dhabi Islamic Bank (ADIB), a leading financial institution in the UAE, to provide dynamic class leading data centre services.
Opec and allied nations agreed on Saturday to extend a production cut of nearly 10 million barrels of oil a day through the end of July, hoping to boost energy prices hard-hit by the coronavirus pandemic.
G20 members and invited countries have pledged more than $21 billion to fight COVID-19 and, with a spirit of solidarity, have shown they will spare no effort to protect lives and the most vulnerable.
Emaar chairman Mohamed Alabbar has told the UAE’s leading contractors that they must prepare for a new way of working as the economic activity gradually starts to pick up.