Tag: banking

Dubai mass transit and shared mobility services provider Swvl raised $35.5 million in growth financing before its planned merger and listing on the Nasdaq in the US. Strategic and financial investors …
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Park Hyatt Dubai and the Golf Club are part of the same complex … both wanted to actually work here. Hedge fund managers from London came here to do their work. So there was about 20 families of …
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DUBAI (Reuters) – Dubai state-owned property developer Limitless is set to reach an agreement with creditors over some $760 million of troubled debt, documents seen by Reuters showed – its third …
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ADCB and Dubai Islamic Bank followed in terms of absolute profit growth registering increases of 25.1 per cent and 19.3 per cent quarter on quarter, respectively. On the other hand, Bank of …
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UAE reported an increase in net profits in Q2 Dubai: UAE banks reported the biggest increase in profits during the second quarter of 2021, registering a growth of 11.8 per cent quarter on quarter, …
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Dubai Financial Market (DFM) on Saturday announced the extension of its trading hours from four hours to five hours daily as of 3 October 2021 …
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The “UAE Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook – 75+ KPIs on Buy Now Pay Later Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer …
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Dubai: The UAE’s banking sector’s total assets increased by 1 per cent quarter-on-quarter to Dh3.2 trillion by end June, according to the Central Bank. In the 12 months to June, total assets of banks …
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Mahendra Kumar Vasu and son Punit on how they became part of the UAE success story Dubai: How often do you come across service professionals living in the UAE for generations? Usually, post-retirement …
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Emirates Global Aluminium (EGA) is weighing a potential initial public offering next year, sources said, in what could be one of the biggest share sales in the United Arab Emirates in recent years.
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Global edtech leader upGrad is aligned with the UAE’s visionary initiatives such as National Talent Agenda that will bridge the talent gap. Upskilling and reskilling talent may be the only pathways to …
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UAE is looking forward to delivering a brighter future where human capital lies at the heart of all economic and developmental plans …
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Emirates Global Aluminium (EGA) is weighing a potential initial public offering next year, sources said, in what could be one of the biggest share sales in the United Arab Emirates in recent years. By …
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The government has amended the foreign exchange management rules to increase the limit on foreign direct investment in the insurance sector to 74% from the current 49%. India is expected to finalise …
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What’s cooking in the IPO kitchen? SpectrumX Holdings, a leader in proprietary formulations of HOCL (Hypochlorous Acid), is expected to list on …
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For the first time, children as young as age 8 can open a digital bank account in the UAE. Many clients want to bank anywhere, anytime on whatever device., and to do itn a seamless and cost-effective, …
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Emirates Global Aluminium (EGA) is weighing a potential initial public offering next year, sources said, in what could be one of the biggest share sales in the United Arab Emirates in recent years.
( read original story …)

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