Category: FINANCE

Stocks in Dubai were among the biggest gainers across the Middle East amid optimism that Emaar Properties PJSC earnings may point to a wider recovery in the emirate. The Dubai Financial Market General …
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Dubai: Abu Dhabi National Oil Co (ADNOC) has invited investment banks to pitch for bookrunner roles for the initial public offering of its drilling unit, two sources told Reuters on Sunday. The oil …
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Ammar Al Malik is the managing director of Dubai Internet City The boom in tech firms either floating on stock markets or …
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Equity and equity-related issuance in the MENA region totaled $267.7 million during the first quarter of 2021, a 67 percent decline in proceeds from 2020 and the lowest start to the year since 2011, …
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Sustainable loans in UAE are also the first green mortgages issued by HSBC globally Dubai: HSBC has issued the first green mortgages in the UAE, heralding a significant moment for the country’s …
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Courts has acquired the qualified electronic seal solution Ethaq, a paperless initiative that enables digital authenticity of documents with the support of UAE PASS, the secure national digital …
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IPO could value Adnoc’s drilling business up to about $10 billion Dubai: Abu Dhabi National Oil Co. is close to hiring JPMorgan Chase & Co. and First Abu Dhabi Bank PJSC to help arrange the potential …
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Swedish FinTech Trustly Group is scrapping plans to raise an estimated $950 million in an initial public offering (IPO) following a review by regulators.
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The U.K.’s financial regulator handed down its first penalty over the Cum-Ex tax scandal, fining a broker 178,000 pounds ($248,000) for failings regarding its relationship with hedge-fund manager …
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Qatar’s finance minister was being questioned over alleged abuse of power and misuse of public funds in the energy-rich state after the attorney general ordered him arrested, state-run media reported …
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“at-above-post addthis_tool” data-url=” (Reuters) -Qatar Finance Minister Ali Sherif al-Emadi was arrested for questioning over allegations of embezzlement, abuse of power and crimes related to the …
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Qatar’s public prosecutor has ordered the arrest of the finance minister, state-run media reported Thursday, to question him over alleged abuse of power and misuse of public funds in the energy-rich …
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Dubai’s largest bank Emirates NBD on Thursday said its certain online services would not be available next week due to maintenance. According to a statement sent out to its customers in the UAE, there …
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The platform is expected to help Mashreq respond more efficiently to the funding needs of local businesses and address capital diversification too.
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Banks in the UAE offer personal loans based on two types of interest rates — flat rates and reducing rates. The interest and sum payable on a loan is calculated at the start of the repayment schedule …
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Steel tycoon’s GFG Alliance strikes Australian rescue deal with Californian lender, whose British arm “cuts red tape” …
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Bank resolved the issue after Gulf News’ intervention …
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