Category: FINANCE

Azizi Developments CEO Farhad Azizi said it will raise $300m from sukuk in Q1 2021 Dubai-based real estate developer Azizi Developments said it has no plans to take the company public for at least ... ( read original story ...)

Nathan’s Famous, Inc., the American tradition serving New York favorites for more than 100 years, announces today it has signed a licensing, manufacturing and distribution agreement with Mezzan ... ( read original story ...)

Chinese electric car start-up Xpeng Motors has filed for an IPO on the New York Stock Exchange. That comes after raising $400 million from Chinese media giant Alibaba, the Qatar Investment Authority, ... ( read original story ...)

while they finance their part and we finance ours. Later on, we plan on seeking out financing from the Brazilian government, the UAE or other sources,' Moretti explained. The memorandum is just ... ( read original story ...)

Some 72 expecting mothers had e-registered for cord blood banking in Dubai, just a couple of months since the digital registration was launched, health authorities said. The Dubai Health Authority ... ( read original story ...)

Extending their expertise in the blockchain domain, HashCash Consultants has partnered with a UAE based global bank to help them streamline their banking and financial operation through the ... ( read original story ...)

Saudi Aramco released its second quarter earnings on Sunday and announced that it would hold its $75 billion dividend despite first half and second quarter net income having fallen by 50 percent and ... ( read original story ...)

ThinkMarkets, an online forex and contracts-for-differences (CFDs) broker, is planning for a $300 million initial public offering (IPO) by the end of this year. ( read original story ...)

Dubai: Anyone showing symptoms of COVID-19 at university in Dubai must be isolated instantly and referred for a PCR test, the newly released ‘Protocols for the Reopening of Higher Education ... ( read original story ...)

GCC countries will lead a rally in sukuk issuance in the second half of 2020, with low oil prices and a consequent surge in deficits triggering strong financing demand among sovereign issuers, Moody's ... ( read original story ...)