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 …
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ThinkMarkets Planning for a $300 Million Australian IPO
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.
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Dubai issues guidelines for reopening of universities
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 …
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UAE- GCC states to spur sukuk’s rally to $170B in H2
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 …
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Dubai-based entertainment agency lost AED2.5m worth of orders during Covid lockdown
News that concerts and live events can resume in Dubai has been warmly welcomed by the Dubai-based Dan Bolton Creative Management Agency, which lost AED2.5 million worth of orders within 24 hours as a …
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Investors launch Rocket IPO into high orbit
Rocket Companies raised $1.8bln in its initial public offering on Aug. 6 This website uses cookies to improve your online experience. They were placed on your computer when you launched this website.
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UAE Central Bank ramps up TESS scheme to support banking sector
The directive will encourage banks to strengthen the TESS scheme and support impacted customers in overcoming the impact of the pandemic …
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R.J. O’Brien acquires Lombard Forte Securities and expands in Dubai
Chicago-based futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) announced its affiliate RJO MENA acquired Dubai-based interdealer broker (IDB) Lombard Forte Securities Limited (LFS).
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UAE Central Bank unveils further measure to boost banks’ capacity
Central Bank of the UAE said this easure will support the implementation of the already adopted TESS measures worth AED256 billion The Central Bank of the UAE has announced a further measure that it …
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UAE Cbank announces new steps to back banks
The Central Bank of the UAE (CBUAE) has decided on additional measures within the Targeted Economic Support Scheme (TESS) launched initially in March 2020 to further enhance the capacity of the …
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UAE Central Bank unveils more measures to shore up banks
The Board of the Central Bank of the UAE (CBUAE), has decided on additional measures within the Targeted Economic Support Scheme (TESS), launched initially in March 2020 to further enhance the …
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COVID-19 : UAE central bank temporarily relaxes rules on bank liquidity, funding
The United Arab Emirates’ central bank said on Saturday it was temporarily relaxing two key requirements to improve liquidity and funding needs of banks to encourage them to lend more to businesses …
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UAE central bank temporarily relaxes rules on liquidity, funding for banks
The United Arab Emirates’ central bank said on Saturday it was temporarily relaxing two key requirements to improve liquidity and funding needs of banks to encourage them to lend more to businesses …
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COVID-19 response: Central Bank of UAE relaxes prudential ratios to enhance Targeted Economic Support Scheme
Debit card blocked, no salary for three months; how will I survive the COVID-19 pandemic? UAE: ‘My bank gave me Dh156 cashback, instead of Dh1,219.06 on my credit card. Please help!’ Dubai: The Board …
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UAE Central Bank rolls out more measures to boost capacity of banks to support customers
The regulator is relaxing two key liquidity requirements within the Targeted Economic Support Scheme that was launched in March …
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Ex-J&K Fin Min’s son diverted loan amount to buy properties in US, UAE: ED
A day after the Enforcement Directorate (ED) carried out searches at 17 locations in connection with the Rs 177 crore Jammu and Kashmir Bank fraud case, the financial probe agency on Friday claimed …
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UAE Health and Medical Insurance Market (2020 – 2025)
The market is growing at a faster rate, owing to the compulsory health cover initiative taken by the governments in all of its seven emirates, which is currently under implementation phase in the four …
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