Tag: banking

distribution unit set an indicative price range for its initial public offering (IPO) that could raise as much as $2bn to become the biggest listing in the UAE since 2007. ADNOC Distribution set an indicative price range of between Dhs2.35 ($0.6400 …
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The UAE’s banking sector will see growth strengthen in 2018, and remain fairly robust in 2019, as the economy at large benefits from higher oil prices and easing oil production curbs. Total assets growth and client loans growth both decelerated in June …
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The Dubai Financial Services Authority (DFSA), the financial regulator of the Dubai International Financial Center (DIFC), tied up with the Australian Securities and Investments Commission (ASIC) to put in place a regulatory framework for cooperation on …
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Vayalil added: “Amanat has the potential to become a game changer in healthcare and education, not only in the UAE but on the global stage. “Both sectors are ripe for investment and with Amanat’s strong financial position, now is the time to …
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Dubai – Mubasher: The UAE bourses are expected to bounce on Wednesday in line with Emaar Development’s listing on the Dubai Financial Market (DFM). Emaar Development is the second firm to be listed on the DFM in 2017 after Orient UNB Takaful which went …
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UAE. The UAE Financial Markets Association is challenging the region’s investment bankers, traders, treasury managers and finance professionals to brace for change amid the rise of populism in the West and the sharing economy grows. Mohammed Al Hashemi …
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Finance House has announced its participation as a ‘Receiving Bank’ in the Initial Public Offering (IPO) of Adnoc Distribution. Adnoc Distribution, the UAE’s leading operator of retail fuel service stations and the sole retail fuel operator in Abu …
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The UAE’s budget balance will return to surplus by 2019, owing to the recovery in oil prices, the introduction of new taxes – most notably the value-added tax in 2018, according to a new research note. Analysts BMI said capital expenditure will drive total …
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Geopolitical risk in the Middle East took a toll on the debut of a stock linked to one of the strongest brands investors can find in the United Arab Emirates market. Emaar Development PJSC, the U.A.E. real estate developer that began trading in Dubai on …
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The governor of the Central Bank of the UAE wants private equity firms to help fill the void left by banks that have cut lending to SMEs in recent years amid lacklustre economic growth. “The exposure of our financial sector to SMEs is moderate and I …
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In August 2017, the Dubai Financial Services Authority (DFSA) launched its regulatory framework for loan and investment-based crowdfunding platforms to create an innovation-friendly ecosystem. The introduction of the regulation comes as crowdfunding is …
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Shares in Dubai real estate firm Emaar Development fell on their debut on Wednesday in the emirate’s first major listing since 2014. Emaar Development had an initial public offer price of 6.03 dirhams, equal to its net asset value according to an …
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DUBAI: The workshop was held in the presence of Yousuf Mohammed bin Hajar, Deputy Director of International Financial Relations Department at MoF, and more than 60 representatives from the MENA region, and related local and federal entities. Yousuf …
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Dubai – Mubasher: The UAE bourses are expected to rebound into positive territory on Tuesday as prices are likely to reach attractive levels, analysts told Mubasher. Market analyst Gamal Abdel Hameed said that the indices of the UAE bourses have reached …
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Summary: Smart Dubai has expanded its Paperless Finance project to cover various Dubai Government entities, where it will “fully digitise” their … The post Smart Dubai extends Paperless Finance drive appeared first on Tahawul Tech. H.E. Dr Aisha Bint …
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The perceived image of entrepreneurs in the UAE is very positive, with 86 per cent of respondents … business in the past but could not do so cited the inability to ‘obtain financial support’, 52 per cent cited the inability to ‘self-finance the …
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Dubai is the natural next step for us at Fidor … It is also a testimony to offer service excellence to our growing global client base.” Here at Fintech Finance, we work with renowned executives in the industry to provide key decision-makers globally …
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