Tag: finance

... be the largest since the Emaar Malls IPO in 2014. Subject to market conditions, the company will offer up to 30 percent of Emaar’s UAE Real Estate Development business through a share offering on the Dubai Financial Market, DFM. The funds raised ... ( read original story ...)

DUBAI, June 7 (Reuters) - Qatari shares that are members of global emerging market benchmarks helped stabilise the bourse in early trade on Wednesday, while Dubai's Emaar Properties jumped on news it will launch an initial public offering of its local real ... ( read original story ...)

DUBAI, June 7 Qatari shares that are members of global emerging market benchmarks helped stabilise the bourse in early trade on Wednesday, while Dubai's Emaar Properties jumped on news it will launch an initial public offering of its local real estate unit. ( read original story ...)

DUBAI, June 7 Payment and remittance transactions in the United Arab Emirates financial system are operating as normal, the central bank said on Wednesday after the UAE's diplomatic rift with Qatar caused uncertainty over some banking deals. The UAE ... ( read original story ...)

DUBAI Payment and remittance transactions in the United Arab Emirates financial system are operating as normal, the central bank said on Wednesday after the UAE's diplomatic rift with Qatar caused uncertainty over some banking deals. The UAE financial ... ( read original story ...)

The UAE, which also cut ties with Qatar ... In the past, gas imports were a political non-starter, but the emergence of the Saudi Aramco IPO appears to be changing this position. Heretofore, global gas trade had been the stronghold of Qatar. ( read original story ...)

DUBAI/DOHA The Qatari currency came under pressure on Tuesday as Gulf commercial banks began to hold off on dealing with Qatari banks because of the diplomatic rift in the region, banking sources told Reuters. Some Saudi Arabian, United Arab Emirates and ... ( read original story ...)

“Corporate banking took off when financial institutions began financing projects for government-related entities.” From its earliest days of its founding in 1967, Mashreq has arranged financing for some of the UAE’s and the region’s iconic projects ... ( read original story ...)

In Dubai, the Dubai Financial Services Authority (DFSA) too has moved forward with fintech regulation, launching in May the Innovation Testing Licence (ITL). The new class of financial services license allows fintechs to develop and test innovative concept ... ( read original story ...)

DUBAI — Air travel across the Gulf region and beyond faces ... Last year, its parent company published financial results for the first time. These showed a net profit of 1.6 billion riyals (US$439 million) for the year to March 31, 2016, up from the ... ( read original story ...)