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Tag: banking

Posted on 26/12/2016

Dubai Financial Market : Careem to list on DFM – CEO

Dubai – Mubasher:Careem, ride-hailing app, intends to offer its shares for an initial public offering (IPO), CEO, Mudassir Sheikha, said hinting to potential listing on Dubai Financial Market (DFM). In an interview with Bloomberg, Sheikha added that the …
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Posted on 26/12/2016

DFM Launches “IPO Communications Guide” As Part Of Its Efforts To Spearhead Potential Issuers’ Adoption Of Best Practices

His Excellency Essa Kazim, Chairman of DFM said; “We are pleased to launch this guide in line with DFM’s commitment to further reinforce the leading position of Dubai as a dynamic capital markets hub. Promoting the IPO sector by encouraging and …
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Posted on 26/12/2016

UAE better positioned for structural reforms among GCC countries

The unique economic strength of Dubai makes it Citi’s regional hub for the Middle East and Africa region. The bank currently serves more than 500 global companies in the region from the Dubai hub. Citi officials say to cover Africa, there is no other …
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Posted on 26/12/2016

Shariah Gold Standard Is “Revolutionary” – Mark Mobius

One of the world’s leading investors, Mark Mobius told a gold conference in Dubai that the new ‘Shariah Gold Standard … for those Islamic households that would like to invest in gold funds” He drew attention to the economic growth of both the UAE …
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Posted on 25/12/2016

Beyond convenience: Why banks strive to go cashless

Mashreq, which is celebrating its 50th anniversary next year, is one of the most active banks in the UAE. The bank sees technology as a key area of innovation and is making huge investments in digitisation to differentiate itself. While Mashreq has …
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Posted on 24/12/2016

Digitisation makes banking simple and more enjoyable

That is really exciting for a bank like Mashreq,” Som explained. Mashreq, which is celebrating its 50th anniversary next year, is one of the most active banks in the UAE and for the last two decades has focused on innovation as its competitive differentiator.
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Posted on 24/12/2016

17 UAE banks among top 100 Arab banks

BEITUT: A total of 17 UAE banks are among the 100 largest banking institutions in the Arab region, according to a new study conducted by the Union of Arab Banks, UAB. Saudi Arabia came second in the list with 12 banks, followed by Qatar (12 banks), Lebanon …
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Posted on 23/12/2016

Ajman Bank : ‘Ajman Bank’ signs a Joint Cooperation Agreement with ‘Takaful Emarat’

Ajman Bank’ signs a Joint Cooperation Agreement with ‘Takaful Emarat’ Ajman, UAE – Ajman Bank today announced it’s signing of joint cooperation with Emirates Takaful Company. The two sides shall work to conclude a new implementing joint cooperation …
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Posted on 21/12/2016

Emirates NBD launches game to improve financial literacy

Emirates NBD has launched an edutainment mobile game, Banki, to promote financial literacy in the UAE. Through its engaging and informational interface, Banki will target the nation’s youth to become economically aware at a young age and consider careers …
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Posted on 21/12/2016

Credit Card Dubai by Smart Finance

Credit Card Dubai by Smart Finance – Explore different credit cards so you can choose the one that’s right for you. … one of the Best Credit Cards offers for Expats Living In UAE and Enjoy unmatched privileges and benefits with Dubai Credit Cards,By …
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Posted on 21/12/2016

Dubai named as hottest real estate investment market for 2017

Cluttons’ Middle East’s Private Capital survey revealed that Dubai had overtaken London as the most attractive … To illustrate the current state of alternative assets around the globe including hedge funds, real estate, managed futures, commodities …
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Posted on 21/12/2016

Hedge funds trim bullish bets on USA crude ahead of OPEC deal

Strength in Middle East crude benchmark Dubai may also further narrow its price gap against Brent, leading Asia refiners to buy more oil from the Atlantic Basin and the Americas, traders said. West Texas Intermediate for January delivery rose 5 cents to $ …
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Posted on 21/12/2016

Bad times ahead for public pension, insurance investors

Dubai: A significant number of institutional investors expect … increased target allocations to private equity and real estate. Overall, the appetite for hedge funds is seen receding with over a quarter of LPs planning to reduce their target allocations …
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Posted on 21/12/2016

MIDEAST STOCKS-Egypt hits record high, Qatar buoyed by $44 bln bank merger plan

DUBAI, Dec 20 Egypt’s blue chip stock index surged to a record … and up a spectacular 73.4 percent since the start of the year. Shares favoured by foreign funds were the top performers, with Global Telecom Holding leaping 12.9 percent.
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Posted on 21/12/2016

MIDEAST STOCKS-Egypt surges to fresh eight-year high, Gulf markets diverge

DUBAI, Dec 19 Egypt’s stock index surged 3.1 percent in … because it makes prices more attractive for foreign investors, and may drive local funds into stocks as a hedge against inflation. “The dollar rate is keeping up the appetite” for stocks among …
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Posted on 21/12/2016

100 Women In Finance Open the Market

Founded in 2001,100 Women in Finance (100WF), formerly 100 Women in Hedge Funds, has grown to an association of more … Singapore, Hong Kong, Dubai and Toronto. For further information: please visit www.100women.org
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Posted on 21/12/2016

US equities set to outperform other asset classes

Vijay Harpalani, fund manager at Al Mal Capital in Dubai, said 2017 appears to be another challenging … “Gold is perceived as a hedge against inflation and geopolitical uncertainty. Until mid-2016, gold prices were up 29 per cent, but after Trump …
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