Tag: banking

The Orient UNB Takaful IPO size was 600,000 Ordinary Shares representing 30 per cent of the equity of the new Company (AED 60 Million) with a share price of AED 100 plus AED 1 as issuing expenses. Union National Bank is currently working with Dubai …
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The success of the IPO recognised the challenges of going online quickly and … ShortPoint is a global business built out of the UAE. It leverages all the support that Dubai offers – safety, networking, access, mentorship, hub facilities.
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But an IPO of Saudi Aramco is the world’s top crude producer’s way of responding to the current oil price rout. The listing of about 5% of Aramco was part of an economic shakeup announced by the influen­tial Deputy Crown Prince Mohammed bin Salman in …
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During its first five days agreements signed with 85 hospitality-sector entities, including hundreds of restaurants and over 100 supermarkets. The initial strategic plan for the UAE Food Bank has been inspected by its Chairperson Shaikha Hind bint Maktoum …
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Dubai: International organisations will reach out to partner with the UAE Food Bank in its fight to eliminate food waste and channel good food to good causes, experts said. The UAE Food Bank’s mechanism and implementing guidelines have yet to be released …
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DUBAI Jan 3 Dubai Financial Market (DFM) , the Gulf’s only listed stock exchange, said on Tuesday that it planned to introduce covered short-selling, a move that could increase trading liquidity. “DFM is planning implementation of regulated short-selling …
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Dubai is aiming to become the first city in the region to achieve zero food waste with the launch of a new UAE Food Bank. The initiative was launched by by UAE Prime Minister and Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum as part of the UAE’s …
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DUBAI Dubai Islamic Bank DISB.DU (DIB), the largest Islamic bank in the United Arab Emirates, has sold its stake in Jordan Dubai Islamic Bank, it said on Wednesday, as it chases growth in fledgeling Islamic banking markets. The Jordanian bank has …
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Fadlallah leads the firm’s international trade practice in Dubai. He focuses his practice on the application … He provides counselling to private equity funds, hedge funds, institutional investors and portfolio companies on a variety of financing …
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Vice-President and Prime Minister of the UAE and Ruler of Dubai, launched the Emirates Food Bank as a humanitarian foundation that aims to inculcate the values of generosity and offering food, establishing Dubai as the region’s first city in achieving …
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The UAE Food Bank is an ambitious project that will ensure no child or adult goes to bed on a empty stomach. There are about 795 million people in the world who do not have enough food to lead a ”healthy, active” life. The World Food Program says one in …
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Vice-President and Prime Minister of the UAE and Ruler of Dubai, launched the Emirates Food Bank as a humanitarian foundation that aims to inculcate the values of generosity and offering food, establishing Dubai as the region’s first city in achieving …
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Carolyne Allmark: In your opinion, what is the biggest difficulty when it comes to saving money for expat parents living in the UAE? Zeta Harwood: People come with an idea of what they want but, when they land, it’s easy to get caught up with your social …
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The lender has moved to court claiming ownership of the money that Hassan Zubeidi is pursuing as compensation for a botched electrification project. Collapsed lender Dubai Bank has filed a suit claiming the $11 million (Sh1.1 billion) its founder and …
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“Through the results of the research, it’s not surprising to see that the UAE continues to be rated highly globally for the financial benefits it offers. This has been one of the cornerstones of why people seek career opportunities here and it is …
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Bear in mind the UAE’s employment laws regarding sponsorship … “Monthly or fixed-term savings tools can offer a timely back-up when you are faced with unforeseen financial hurdles such as job loss,” says Barhaji. “It really is a good idea …
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The posts include charts of the Chinese Gold Market, the flow of gold from West to East via the London and Swiss gold markets, and the holdings of gold-backed Exchange Traded Funds (ETFs … with the UAE (Dubai) a distant third providing 16 tonnes …
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