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Pakistanis in UAE largest senders of remittances through RDAs


Pakistanis in UAE largest senders of remittances through RDAs
© Provided by Khaleej Times
Pakistanis in UAE largest senders of remittances through RDAs
Pakistanis in the UAE are the largest remitters through RDAs, making up around one-third - $433 billion - of $1.3 billion remittances.
The UAE also ranks second in terms of account openings, as 20 per cent of Roshan Digital Accounts have been opened by those Pakistanis who re living and working in the UAE.
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RDAs were initially launched in cooperation with eight banks which have now increased to 12.
Dr Murtaza Syed, Deputy Governor of Sate Bank of Pakistan, said Pakistanis in the UAE have embraced them really well. ....

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Experts see housing finance picking up down the line

KARACHI: Housing finance is not even half a percent of GDP of the country but signs are encouraging, a senior Islamic banker said on Monday.“Financing for housing was barely Rs1 billion six. ....

Sohail Baig , Zaigham Rizvi , Imran Ahmed , Jahanzaib Saeed , Minster Imran Khan , Development Finance , Dubai Islamic Bank , Prime Minster Imran Khan , State Bank , Additional Director Development Finance , ஶ்ல் பேக் , ஜாகம் ரிஜ்வி , மினிஸ்டர் இம்ரான் காந் , வளர்ச்சி நிதி , துபாய் இஸ்லாமிய வங்கி , ப்ரைம் மினிஸ்டர் இம்ரான் காந் , நிலை வங்கி ,

DIBL, EMAAR Karachi signs agreement to promote mortgage financing


DIBL, EMAAR Karachi signs agreement to promote mortgage financing
Karachi
January 14, 2021
Karachi: Dubai Islamic Bank Limited (DIBL) and EMAAR Karachi Ltd signed an agreement to promote Home Financing for their current and upcoming projects.
With this agreement, Dubai Islamic Bank will offer financing facility to individual clients for fully built & ready to move apartments of Coral, Pearl and Reef Towers in EMAAR’s Crescent Bay, Karachi. Moreover, off-plan financing will also be offered on upcoming projects and provision of corporate banking solutions to EMAAR and its contractors.
The Bank is also aggressively working with all stakeholders of the Real Estate industry to actively promote the Government’s vision of promoting Home Finance in the country. ....

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