The Abu Dhabi National Oil Company (Adnoc) is currently considering a range of financing options, including a$5 billion bank loan, to promote prospects … Such IPOs would support the growth and expansion of the UAE’s private sector and equity capital …
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Director, Structuring
Standard Chartered Bank – Dubai – Enhanced Structuring coverage of West Africa and francophone countries in AME FM Structuring AME provides coverage of full spectrum of derivative products (from vanilla to exotic), through our product specialists located …
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Five Chinese firms to invest $300m in Abu Dhabi’s Kizad
RELATED ARTICLES: Kizad expands to become largest UAE freezone | KIZAD hosts UAE’s first banknote … are involved in sectors ranging from power and metals to natural resources and banking, Abu Dhabi officials said. Mohamed Juma Al Shamisi, chief …
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AVP – Operations & IT – Huxley Banking & Financial Services – Dubai Jobs
To set the vision and direct the successful implementation of the IT Strategy for leading, directing and managing the IT Department. Oversee allocation/ distribution of IT resources for adequate provisioning of IT support services. Optimize the IT …
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Top stories from Britain and around the world – NHS cyber attack hero due in US court over software to harvest bank details
The British computer expert who helped shut down a world-wide cyber attack that crippled the NHS was due to appear in a US court charged with creating software that harvested banking details … terms of reference in July. DUBAI’S 86-STOREY TORCH TOWER …
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Gulf banks are said to be refusing to extend Qatar deposits
London/Dubai: Foreign deposits at Qatar’s banks may fall further … from a month earlier, according to central bank data. The slide in non-resident holdings, which account for 22 per cent of overall deposits, comes even after local lenders raised …
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Saudi oil minister is said to have met top commodity hedge funds
London/Kuwait/Dubai: Khalid Al Falih, Saudi Arabia’s energy minister, met in private with some of the world’s top commodity hedge funds in July, taking the unusual step of personally canvassing investor views on the state of the market. In the past …
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Fire put out at 86-story residential skyscraper in Dubai
DUBAI, United Arab Emirates — Firefighters have put out a blaze that broke out early Friday in one of the world’s tallest residential towers in Dubai, engulfing part of the skyscraper and sending chunks of debris plummeting below, the city authorities …
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Licensed companies in Dubai’s financial centre up 6.2% in 1H17
There were 463 regulated financial institutions in the DIFC as of 30 June, while the workforce reached 21,628 operators and “is expected to rise as new companies join the centre”, the DIFC said. In the first half of the year, the centre made …
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Dubai to have PU campus
LAHORE – The Punjab University Hailey College of Banking and Finance (HCBF) and Professionals and Accountancy Centre (PAC) established under Knowledge and Human Development Authority (KHDA Dubai) Thursday signed an MoU for establishment of PU campus in Dubai.
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Dubai Chamber to host workshops on VAT
The Dubai Chamber of Commerce and Industry will host two workshops in cooperation with the UAE’s Federal Tax Authority (FTA) to provide guidelines for complying with the forthcoming GCC-wide value-added tax (VAT). The Dubai Chamber of Commerce and …
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Several Dubai horses in the mix on Day Four
Battaash, an impressive winner of a Group 3 event at Sandown on his last start, represents Shaikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, while Godolphin’s Profitable seeks his first win since he scorched home to win …
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UAE’s ENOC secures $500m revolving credit facility
Standard Chartered Bank and BBK B.S.C. ENOC Group’s chief executive, Saif Humaid Al Falasi, said: “Over the next five years, the group will focus on expanding capacities to support domestic energy demand in alignment with Dubai Plan 2021 and in …
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Exclusive: Goldman Sachs buys into Aramco $10 billion loan as it seeks IPO role – sources
DUBAI (Reuters) – Goldman Sachs (GS.N … It is common practice in capital markets to first establish banking relationships through loan transactions which are then followed by other deals. Goldman purchased a portion of the $10 billion revolving credit …
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PU to set up campus in Dubai
LAHORE: The Punjab University (PU) Hailey College of Banking and Finance (HCBF) and Professionals and Accountancy Centre (PAC), established under Knowledge and Human Development Authority (KHDA), Dubai, on Thursday signed a memorandum of understanding for …
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Financial experts urge UAE businesses to prepare for VAT
Financial experts have warned that many businesses have an “unconscious defiance” about the introduction of VAT and will only begin taking the tax seriously when the “fines start coming through the door”. The Tax Procedures Law issued this week laid down …
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Banker sues hotel for Dh50m after finding bloodied bandage in meal
Dubai: One of the UAE’s top banking personalities is suing a landmark hotel for Dh50 million in compensation after finding a bloodied bandage in his plate during a VIP business dinner. The high-profile banker had contacted the Dubai-based hotel to …
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