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Tag: banking

Posted on 28/11/2021

Saudi Tadawul Group sets IPO final offer price at top end of range

Saudi Tadawul Group, the owner and operator of the kingdom’s stock exchange, set the final price of its initial public offering at the top end of the range, valuing the company at 12.6 billion Saudi …
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Posted on 28/11/2021

Dubai billionaire Sajwani acquires 95.5 percent of Damac shares

Sajwani, who founded Damac, announced his intention to take the company private, resigned as the property giant’s chairman, and made a conditional offer to buy the company’s remaining shares. Dubai …
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Posted on 28/11/2021

Dubai FDI enables global digital consultancy SoftServe open regional headquarters in Dubai

The Dubai Investment Development Agency (Dubai FDI) has supported and enabled SoftServe, a global digital consultancy that h …
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Posted on 28/11/2021

Dubai bourse to see debut of India’s fund manager and start-up founder Nikhil Kamath

Several other Indian firms are also expected to follow suit as Dubai seeks to strengthen its position as a global markets hub with a series of announcements on financial incentives and listing plans …
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Posted on 28/11/2021

UAE – SPC Free Zone, Mashreq sign deal for banking services

Sharjah Publishing City Free Zone (SPC Free Zone), the first-of-its-kind hub for publishing, printing, and allied b …
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Posted on 27/11/2021

Jared Kushner Looks to Persian Gulf to Finance Investment Firm

In a move that has good-government watchdogs on alert, Jared Kushner is looking to the Persian Gulf to raise money for his investment firm.
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Posted on 27/11/2021

Al Khoory Sky Garden Hotel Opens at the Heart of historic Dubai

Al Khoory Sky Garden Hotel Opens at the Heart of historic Dubai . The opening of Al Khoory Sky Garden takes place as the UAE celebrates 50th National Da …
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Posted on 27/11/2021

How Islamic banks are making their mark in the post-pandemic UAE

Nearly half of those surveyed – 48 percent – agreed that they prefer Islamic banks more since the onset of the coronavirus pandemic, up from 45 percent in 2020.. How Islamic banks are making their …
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Posted on 26/11/2021

Turkey explores $5bn currency swap with the UAE

Turkish officials also signed a deal with Abu Dhabi that allows the latter to directly inject US dollars into the Turkish central bank coffers …
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Posted on 26/11/2021

UAE reviews progress in efforts to combat money laundering

The UAE’s Higher Committee Overseeing National Strategy on Anti-Money Laundering and Countering Financing of Terrorism held a meeting at Expo 2020 Dubai that briefed members on the latest developments …
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Posted on 26/11/2021

Are You Ready For iFX EXPO Dubai 2022?

Following this year’s UAE success, iFX EXPO Dubai 2022 will be sweeping into an even larger venue for another action-packed show. The eagerly-awaited expo will take place at Za’abeel Hall 6, Dubai …
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Posted on 26/11/2021

New mosque opened in Badr City in Muhaisnah, Dubai

The mosque can accommodate more than 1180 worshippers including 990 men and 196 women Dubai: The Islamic Affairs and Charitable Activities Department in Dubai (IACAD) has opened the Badr City Mosque …
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Posted on 26/11/2021

Fitch Affirms Agricultural Bank of China ‘s Long-Term IDR at ‘A’; Outlook Stable

Fitch Ratings has affirmed Agricultural Bank of China Limited’s (ABC) Long-Term Foreign-Currency Issuer Defaul …
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Posted on 25/11/2021

CII inks partnership with UAE finance training centre

To boost education within insurance and financial planning sectors across the Middle East #cii #education #uae …
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Posted on 25/11/2021

Gulf Capital weighs IPO of subsidiaries in UAE, Saudi capital markets: CEO

Logo of Gulf Capital Gulf Capital is considering the initial public offering (IPO) of a subsidiary in the local equity markets in Dubai and A …
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Posted on 25/11/2021

Corporate service license Dubai, UAE

The UAE is one of the world’s most prestigious trading locations. Every year, thousands of new businesses head to our emirate to turn their business dreams into reality.
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Posted on 25/11/2021

UAE – Mohamed bin Zayed, Turkish President attend signing of agreements, MoUs

An MoU between the Financial Intelligence Unit (FIU) in the UAE and the Financial Crimes Investigation Board (MASAK) in Turkey, signed by Ali Faisal Ba’alawi, President of the Financial Intelligence …
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