Tag: banking

Dubai social media company Yalla is bringing an online version of the Arab world’s majlis to Wall Street with its initial public offering. The company, which was valued at $1.1 billion at the time of …
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The IPO could potentially be the country’s biggest, though regulatory filing prices in the Philippines have often been set far above value and the number of shares offered could b …
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Investors are cheering its acquisition spree, which could include some overseas buys too The fallout of Arabetc’s liquidation seems to be muted – at least for today – with DFM closing lower by 0.34 …
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The World Bank has ranked the UAE and Bahrain as the top destinations in the Arab world to invest in human capital, according to a new report. The World Bank has ranked the UAE and Bahrain as the top …
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The following Deep Dive analyzes how the pandemic has affected open banking and privacy regulations in the MENA region and implicated future regulations.
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Separately, shares of Yalla opened at $9.75 and hit a high of $10.99. In afternoon trading, the stock changed hands at $7.43, down from its $7.50 IPO price. Yalla, of Dubai, is a voice-chat app for …
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Dubai voice chat app Yalla (YALA) launched its NYSE debut up 30% to $9.75. Shares are currently up 21% to $9.10.Yalla had priced its offering of 18.6M ADS at $7.50, towards the lower end of its $7-9 …
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PRNewswire/ — Yalla Group Limited (“Yalla” or the “Company”) (NYSE: YALA), the leading voice-centric social networking and entertainment platform in …
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A key milestone that will add new impetus to Dubai’s leading position as dynamic capital markets hub” Hassan Al Serkal: “Robust regulatory framework creating an attractive environment for investors …
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Saudi’s Public Investment Fund hires Lazard AM’s Mena head; Man GLG adds trio for new Asia strategy; Marshall Wace to open Singapore office; Baillie Gifford expanding Shanghai unit; MarketAxess raids …
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The Dubai-based marketplace will offer high-demand or rare fashion, accessories and fine jewelry items at dynamic price points based on what’s trending and in-demand.
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De Bruin has informed the board of directors of his plans to resign to “pursue other endeavours”, the company said in a statement. Deem has named Jayasheel Bhansali, currently serving as the company’s …
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The growth is attributed to a rising demand over this type of deposits due to their higher returns in comparison with other investment vehicles …
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Former IMF boss Rodrigo Rato was acquitted on Tuesday in a fraud trial over the listing of Bankia, when he was its chairman, prompting calls for legal changes from consumer groups. Rato, who resigned …
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Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, said the historic peace accord signed between the UAE and Israel, supported by American efforts, has …
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The biggest move was the IPO of its medical devices’ entity, Siemens Healthineers AG, which was the largest in Germany during the last four years and where the company still retains a 79 percent …
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Palantir Technologies and Asana are expected to go public on Wednesday via direct listings The U.S. initial public offering market is expected to see 11 deals and two direct listings this week, adding …
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