Tag: banking

Saudi Aramco, the world’s top oil producer, will also tap the equity markets next year, and may raise $100bn in the world’s largest-ever IPO deal when it sells less than a five per cent stake to the public. In the UAE, Abu Dhabi’s Adnoc plans to sell …
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The IPO has a price band of Rs 685-700 per share … planning to acquire up to 20% stake in an oil field belonging to Abu Dhabi National Oil Company in UAE. According to the Oil India’s CMD, 20% stake will be a consortium of BPCL, ONGC Videsh Ltd, Oil …
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The number of UAE consumers applying for Islamic banking products has declined since last year, according to a new study from yallacompare, the Middle East comparison website. Yallacompare data revealed during the first half of 2017 10.5 percent fewer …
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Only when society “breaks free of the dead hand of the hedge-fund managers and CEOs” will “our imaginations … Airbus, Google and Toyota are also investing in flying motors, and in Dubai the authorities have announced trials of an air-taxi service …
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Dubai International Financial Centre (DIFC) has announced the launch of The Academy, a state-of-the-art facility for the promotion of excellence in business and financial services. The Academy will form partnerships with leading business schools and …
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UAE. The Financial Services Agency of Japan (‘FSA’) and the Financial Services Regulatory Authority (‘FSRA’) of Abu Dhabi Global Market (‘ADGM’) today announced the completion of a framework for co-operation to promote innovation in financial …
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Dubai. The capital raised from the Shari’a-compliant syndicated finance will be used for the operation and expansion of the hospital complex, allowing Saudi German Hospital to offer more specialised treatments and services to its customers, a statement said.
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• Provide Accountancy Business Analysis requisite support to Director Finance in analyzing and monitoring key business metrics through regular interaction with Business Unit teams. • Participate in annual business planning exercise. • Monitor working …
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published by London-based Brand Finance explores changing customer opinions across 22 markets. Based on feedback from 19,000 respondents, the report identifies those bank brands most likely to lose customers to the competition. In the UAE, 34 percent of …
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XVA Art Hotel Dubai general manager Moses Barnabas and Four Seasons Dubai International Finance Centre general manager Carlo Stragiotto as participants while CEO & senior partner of International Hospitality Consulting Group (INHOCO) Rupprecht Queitsch …
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Emirates NBD, Dubai’s biggest bank by assets, is the most trusted local lender in the UAE and has the most loyal customers, according to a survey by Brand Finance Banking. Bank clients surveyed by Brand Finance Banking, based in the UK, found that 74.6 …
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Inside Fintech Conference & Expo explores Fintech 3.0, including Blockchain technology and other decentralized solutions for financial processes, and its impact on the global financial ecosystem. Hear from the finance industry’s most forward thinking …
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Dubai: The Capital Market Authority (CMA) said on Thursday it has approved the Arabian Waterproofing Industries’ (Awazel) plan to offer 30 per cent or 8.1 million shares of the company’s share capital through an initial public offering. “A portion of …
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The UAE is the fourth-largest member in the Organisation of Petroleum … Emirates Global Aluminium, the largest aluminium producer in the Middle East, is considering an IPO that could raise about $3 billion. Saudi Arabia, the largest Gulf Arab economy …
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Dubai/Abu Dhabi: Abu Dhabi is hoping to fast-track at least $5 billion (Dh18.3 billion) of stock market listings by state-backed companies next year before Saudi Aramco’s planned $100 billion IPO dominates investor demand. Like neighbouring Saudi Arabia …
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DUBAI: Abu Dhabi is hoping to fast-track at least $5 billion of stock market listings by state-backed companies next year before Saudi Aramco’s planned $100 billion IPO dominates investor demand. Like neighboring Saudi Arabia, Abu Dhabi is restructuring …
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DUBAI/ABU DHABI, Sept 20 (Reuters) – Abu Dhabi is hoping to fast-track at least $5 billion of stock market listings by state-backed companies next year before Saudi Aramco’s planned $100 billion IPO dominates investor demand. Like neighbouring Saudi …
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