DUBAI, Sept 12 (Reuters) – Doha Bank has cut around 10 jobs in the United Arab Emirates and plans to put some staff in the region on unpaid leave, sources said, as it copes with the fallout from Qatar’s rift with its Arab neighbours. Qatar’s fifth-biggest …
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BOK International UAE embraces iMAL Islamic Core Banking System
iMAL latest version offers an advanced and agile banking platform carrying many technical and functional refinements that would bridge the fintech gap. With this further investment in Path Solutions, BOK Group will have the best solution available in the …
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ADNOC could list stake in fuel retail business in early 2018: sources
DUBAI (Reuters) – Abu Dhabi National Oil Co (ADNOC … For ADNOC Distribution, Reuters reported in late July that banks had been mandated for the IPO, citing sources familiar with the matter. “They are still working on it, there may be other services …
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Saudi says it’s accelerating economic reforms, Aramco IPO on track
DUBAI (Reuters) – Saudi Arabia’s government is accelerating … public offering of a stake in Saudi Aramco remains on track,” the statement said. “The IPO process is well underway and Saudi Aramco remains focused on ensuring that all IPO-related …
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Saudi assures investors that reforms, Aramco IPO on track
DUBAI (Reuters) – Saudi Arabia’s government assured investors … public offering of a stake in Saudi Aramco remains on track,” the ministry said. “The IPO process is well underway and Saudi Aramco remains focused on ensuring that all IPO-related …
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Saudi Arabia’s vague economic shift leaves huge oil IPO on track
DUBAI (CNNMoney) — Saudi Arabia is still planning to sell part … shares in Saudi Aramco — which is likely to be the world’s biggest — was on track. “The IPO process is well underway and Saudi Aramco remains focused on ensuring that all IPO-related …
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Gulf IPOs to make comeback, says report
Issuers are “testing out” the IPO climate, the report concluded. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Saudi Aramco makes gains from R&D ahead of listing
The state-owned oil giant – soon to be part-privatised in an IPO expected to raise up to $100 billion … to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Saudi Saуs It’s Accelerating Ecоnоmic Refоrms, Aramcо IPO оn Track
DUBAI (Reuters) – Saudi Arabia’s government is accelerating … public offering of a stake in Saudi Aramco remains on track,” thе statement said. “The IPO process is well underwaу and Saudi Aramco remains focused on ensuring that all IPO-related …
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ADNOC ‘could list stake in fuel retail business in early 2018’
DUBAI: Abu Dhabi National Oil Co. (ADNOC … For ADNOC Distribution, Reuters reported in late July that banks had been mandated for the initial public offering (IPO), citing sources familiar with the matter. “They are still working on it, there may …
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Factors to watch – September 10
DUBAI, Sept 10 (Reuters) – Here are some factors that may affect … any dialogue with Qatar -SPA * Saudi says it’s accelerating economic reforms, Aramco IPO on track * Will Saudi Aramco deliver world record profit for next year’s IPO?
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The Banker names FAB ‘Most Innovative Investment Bank’ in the MENA region
First Abu Dhabi Bank, FAB, the UAE’s largest bank and one of the world’s largest financial institutions, has been named ‘Most Innovative Investment Bank’ for the MENA region, at The Banker’s prestigious 2017 Investment Banking Awards. FAB …
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Dubai Islamic Bank: Shari’ah-compliant DNA
Dubai Islamic Bank is the longest-established modern Islamic bank. It is also one of the leading financial institutions in the Middle East. Robin Amlôt spoke with Group CEO Dr. Adnan Chilwan about the bank’s growth strategy Dubai Islamic Bank (DIB) is …
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From Mumbai to Dubai via Hong Kong and Geneva: how I globalised my banking career
Several of my hedge fund clients said the CUHK MBA was top-tier for people … banking after graduating from CUHK and is currently a director at UBS in Dubai. The leadership development course in CUHK’s MBA programme emphasises the need to adjust your …
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SEBI’s P-Note ban turns boon for Dubai SE
Dubai seems to be emerging as a centre to trade Indian stocks … in the coming months as the ban on P-Notes is a significant trigger,” said an offshore hedge fund manager, who recently started testing the trading system on DGCX. P-Note is an offshore …
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Long term financial planning weak among UAE residents
Dubai: Long term financial planning among UAE residents is relatively weak with more than one-third (37 per cent) of people surveyed in HSBC’s latest ‘The Power of Protection’ study, say they have never had a conversation with anyone about long-term …
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UAE residents optimistic about financial future
Nearly nine in 10 people in the UAE are supporting a parent or child financially, while almost 100 per cent say they expect their financial situation to either improve or stay the same, an HSBC survey finds. The UAE ranks the second highest globally with …
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