Tag: banking

Ministry of Finance (MoF) has stated that further information on CT will … do not conduct business with mainland UAE, will be honoured. a) Whether the technical disqualification i.e. conducting …
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Stock market regulator Securities and Exchange Board of India (SEBI) restrained Reliance Home Finance, its promotor Anil Ambani and three others from buying, selling or dealing in securities …
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The Central Bank of the United Arab Emirates has given the green light to a new digital banking platform known as “Wio” and backed by state holding company ADQ. The bank will soon launch a beta …
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Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology … in the company’s journey since its record-breaking IPO on ADX. The strong full year results and successful strategic …
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The UAE was ranked top in the world in the 2021/2022 Global Entrepreneurship … their share and contribution to the overall gross domestic product (GDP). Access to finance Despite the progress made, …
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The IPO was recently listed on the Egyptian Exchange … Read: EFG Hermes advises TPG’s Evercare Group on $72.4m IDC deal Earlier this week, UAE lender First Abu Dhabi Bank made a non-binding …
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The UAE was the only country in the world participating in the report that achieved sufficient score or more on all axes such as Entrepreneurial Finance; Ease of Access to Entrepreneurial Finance; …
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EFG Hermes’ investment banking division acted as the sole global coordinator and joint bookrunner for the IPO. Last year, the division served as joint bookrunner on the listings of UAE companies …
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The UAE was the only country in the world participating in the report that achieved sufficient score or more on all axes such as Entrepreneurial Finance; Ease of Access to Entrepreneurial Finance; …
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UAE fintech Pyypl has raised $11 million in Series A funding … s two billion-strong population has high smartphone adoption rate, but that access to finance services had not kept up: “Despite this, …
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Present were Sheikh Sultan bin Hamdan bin Zayed Al Nahyan, UAE Ambassador to Bahrain, Sheikh Shakhbout bin Nahyan bin Mubarak Al Nahyan, Minister of State, Jassim Mohammed Buatabh Al Zaabi, Chairman …
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As the dust settles following the announcement by the UAE’s Ministry of Finance that a federal corporate tax will be introduced, the onus is on businesses in the UAE to ensure they are tax ready …
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First Abu Dhabi Bank , the UAE’s biggest lender, is in talks to buy Egyptian bank EFG Hermes , which has a market value of over $970 million, two sources with knowledge of the matter said.
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“My first job in Dubai was at a swimming pool construction … And if you need to take a bank loan for whatever reason, repaying that should be your priority. It was basically to reduce …
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DUBAI (Reuters) – Abu Dhabi-based crypto trading … it at $400 million as it eyes an eventual initial public offering (IPO), its chief executive officer said. Hayvn, which raised $5 million …
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DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / February 9, 2022 / The contemporary world, in which we live, is evolving at an accelerated pace. Deficiencies …
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First Abu Dhabi Bank PJSC made an offer to buy a majority stake in EFG Hermes, in what’s likely to be the biggest acquisition yet in Egypt by the UAE’s largest lender.Most Read from BloombergAmazon Is …
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