GRIP (DIFC) • Investments’ Post

Thinking of opening a non-resident bank account in the UAE? This blog post provides a comprehensive guide on the benefits, eligibility criteria, the process of opening an account, and the challenges to consider. Click to read more! https://lnkd.in/dKGCbESs #nonresidentbankaccount #UAEbankaccount #UAEinvesting #Dubaiinvesting #finance #money #investing

Are you making the most of your money? Don’t settle for a 10-12% interest rate in the bank, switch from FD system for higher returns! Invest in dubai real estate and see your 1 crore turn into double of that in just 2 years. Maximize Your Investments. For details and info click the link in my bio or dm. #investment #bank #fd #interestrate #mistake #benefits #roi #realestate #returns #moneymanagement

How can you get a bank account here in the UAE? #zerotax #income #rich #moremoney #highlife #power #wealth #timeismoney #dubai #consultant #help #service #fullservice #investment #future #burjkhalifa #bestplace #business

We're excited to announce that AB Capital Services is now offering specialized business banking solutions tailored for gold trading and precious metal businesses in the UAE. Take your gold trading business to new heights with AB Capital Services trusted banking solutions. Connect with our team today to learn more about how we can support your success in this thriving industry! #GoldTrading #PreciousMetals #BusinessBanking #UAE #Finance #Investment #BankingSolutions #GoldInvesting #FinancialServices #Entrepreneurship #TradeFinance #BusinessOpportunities #UAEFinance #WealthManagement #FinancialAdvice #BankingInnovation #DigitalBanking #BusinessExpansion #MarketInsights

How do I choose the right financial broker in Dubai for my needs? Selecting a Dubai financial broker demands careful scrutiny. Prioritise the DFSA regulation to ensure client fund protection and high standards. Assess service offerings, including global market access and thorough analysis. Test trading platforms like MT4 and MT5 for their technical capabilities. Examine client reviews to gauge reliability and service quality. These factors will guide you to a broker aligned with your trading needs. Make informed decisions to unlock Dubai's market opportunities. https://lnkd.in/eqYqskrP

Quote of the Week: “High achievement always takes place in the framework of high expectation.” – C. K. #BTAFinance #WealthManagement #Investments #AssetManagement #HNWI #FinancialServices #Wealth #Advisors #FinancialMarkets #GlobalMarkets #Finance #DIFC #DFSARegulated #Dubai #UAE 

Your one-stop solution for all business needs. We've got it all covered! #DubaiSuccess #ElevateYourJourney #inspirationmanagment #uae #business #realestate #realestatetips #dubai #property #investing #stability #Registration #Bank #empowering

𝐃𝐮𝐛𝐚𝐢 𝐈𝐬𝐥𝐚𝐦𝐢𝐜 𝐁𝐚𝐧𝐤 𝐩𝐨𝐬𝐭𝐬 𝟐𝟐% 𝐬𝐮𝐫𝐠𝐞 𝐢𝐧 𝐐𝟏 𝐩𝐫𝐨𝐟𝐢𝐭 𝐭𝐨 𝐃𝐡𝟏.𝟖𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 Better growth in new financing and sukuk investments, and lower impairment charges, aided Dubai Islamic Bank to see a 22 per cent surge in pre-tax profit to Dh1.85 billion. The lender reported a 3 per cent rise in net financing and sukuk investments, reaching Dh277 billion, in the year so far. "The quarter saw net growth in new financing and sukuk disbursements to Dh8.9 billion compared to Dh1.9 billion in the prior year," the company said in a statement. Meanwhile, total income reached Dh5.61 billion compared to Dh4.43 billion last year, an expansion of 26.5 per cent. Also, non-performing financing (NPF) declined to 4.97 per cent compared to 5.40 per cent in year ended 2023. "DIB is pleased to have reached a settlement with NMC where DIB will receive cash consideration and Holdco notes in settlement of claims," the lender added. "DIB has remained a strong and solid player in the market. Irrespective of the introduction of corporate tax into our earnings and regional tensions, the bank has managed to deliver a net profit (pre-tax) of Dh1.85 billion, achieving robust growth of 22 per cent YoY," said Mohammed Ibrahim Al Shaibani, Chairman of Dubai Islamic Bank. https://lnkd.in/dUKweBCp

UAE Debt Market Grows Over 13% to Reach $294 Billion by End of Third Quarter: Fitch Ratings The UAE’s debt market grew strongly, with total debt increasing by 13.1% compared to last year, reaching $294.4 billion by the end of the third quarter, said Bashar Al Natoor, managing director and global head of Islamic finance at Fitch Ratings, on Tuesday. #thearabtoday #tat #Market #Finance #UAE

For those curious about the impact of US monetary policy on interest rates... specifically how it has affected Fixed Deposit rates in one major UAE bank, here's a breakdown: 12 month Fixed Deposit Rate (AED): 1st January to 6th August: 4.9% 7th August to 12th September: 4.3% 13th September to today: 3.75% In the months ahead: 📉📉📉 A lot of money currently sitting on the sidelines is about to look for a new home. 🏠 #interestrates #property #monetarystimulus #dubai #dubaieconomy #dubaibrokers #dubairealestate #realestatedubai #propertyinvestnent #dubailife #investments #yield #highyield #mydubai #dubailifestyle