DUBAI, May 8 (Reuters) – Saudi Arabian staffing company SMASCO aims to raise as much as 900 million riyals ($239.99 million) in its initial public offering on Riyadh’s main bourse, it said on …
UAE finance ministry announces new law to expand public-private partnership projects
By utilising private capital, expertise, and management skills, the government hopes to both expand available financial resources for projects and reduce timeframes for implementation …
Dubai Financial Services Authority see 40% surge in new license registrations
owing to Dubai’s established status as a regional financial center, highlighting that the center accommodates over 40,000 professionals, in addition to those working in finance outside the center. The …
UAE Ministry of Finance establishes framework to enable sustainable public-private partnerships
It also enhances sustainable economic development and achieves comprehensive prosperity for all members of society …
National Bank of Fujairah invests in innovative cloud-based data platform
Dubai – National Bank of Fujairah (NBF) has partnered with Snowflake to use its cloud-based data platform, enabling the bank to extract better insights and reports from its data. The collaboration is …
Dubai health accounts system gets global recognition
Report by DHA receives high praise from OECD and World Bank The report for Health Accounts System for the Emirate of Dubai details the strength and dynamism of the healthcare insurance system. Image …
Dubai gold prices steady in early trade after losing half a dirham
As of 9am, UAE time, the 24K variant of the precious metal was trading … “At the same time, central bank gold purchases could continue to support the precious metal to a certain extent. While …
Dubai Islamic Bank Pakistan signs issuing bank pact with IFC
International Finance Corporation will guarantee payment of DIBPL obligations to support their trade finance transactions.
Dubai: Property service charges may rise after record rains
Property service charges could go up in Dubai after the unprecedented rains recorded last month, prompting developers to offer free maintenance and carry out cleaning services.
Emirates Boss Says Unhappy With Boeing Delays in Fixing 777X Problems
DUBAI (Reuters) – The chairman of Dubai carrier Emirates said on Tuesday he was not happy with Boeing, which he said had promised him that it would fix issues plaguing the U.S. planemaker, including …
UAE: Liv explores tokenisation of real-world assets
Liv, UAE’s first digital bank launched by Emirates NBD, has signed a Memorandum of Understanding (MoU) with Ctrl Alt, B2B alternative asset solutions provider, to explore infrastructure solutions …
Dubai: Property service rates may rise after record rains
Developers and community managers conduct free cleaning and repairs for residences, helping areas that have been severely damaged …
UAE’s Pure Health to launch IPO next month
Pure Health’s IPO plans coincide with a surge in listing activity on regional stock markets, including the ADX, the Dubai Financial Market, and Saudi Arabia’s Tadawul. This trend is attributed to the …
UAE Ministry of Finance meets with IMF Article IV consultation mission
During the meeting, part of the IMF’s annual Article IV consultations, the participants discussed the UAE’s economic and financial developments and policies …
Mayor Oh hypes Seoul as ‘top 5’ financial hub by 2030 in Dubai
Seoul Mayor Oh Se-hoon shared his vision for turning his city into one of the world’s top five financial hubs and discussed ways to bolster cooperation with Dubai on Monday, local time, during his …
How Bank of Singapore is set for its next phase of growth in the Middle East
A look at how the UAE and Middle East are critical to bank’s strategic expansion goals Ranjit Khanna, Head of Private Banking, Europe & Middle East and Chief Executive of DIFC Branch, Bank of …
IndusInd International Holdings targets $50bln valuation in banking and financial services through acquisitions, says Ashok Hinduja
Stake in IndusInd Bank to be raised to 26 per cent from the current 16 per cent Dubai, Mumbai: IndusInd International Holdings (IIHL), which has a significant shareholding from the UAE residents out …