Tag: finance

NEW YORK/LONDON/DUBAI (Reuters) - New York-based boutique investment bank Moelis & Co has been chosen as an adviser by Saudi Aramco [IPO-ARMO.SE] on its plans for what is expected to be the world's biggest initial public share offer, sources familiar with ... ( read original story ...)

NEW YORK/LONDON/DUBAI Boutique investment bank Moelis & Co (MC.N) has been chosen as an adviser by Saudi Aramco [IPO-ARMO.SE] on its plans for what is expected to be the world's biggest initial public share offer, sources familiar with the matter told Reuters. ( read original story ...)

Dubai Islamic Bank announced the successful pricing of the largest senior Sukuk issuance by a financial institution globally. The US$ 1 Billion Sukuk was issued with a 5 year tenor, maturing on 14 th February 2022. The issuance under DIB’s USD 5 billion ... ( read original story ...)

Dubai: The chief executive officer of the Commercial Bank of Dubai (CBD) has reiterated the community aspect of backing an important sporting event like the recently-concluded Dubai Tour. One of the UAE’s premier banks, CBD has been a sponsor of the ... ( read original story ...)

DUBAI, Feb 7 (Reuters) - National Bank of Abu Dhabi (NBAD) said on Tuesday it will seek shareholder approval to double the size of its euro medium term note programme to $15 billion from the existing level of $7.5 billion. Shareholders will discuss the ... ( read original story ...)

Dubai’s government is testing blockchain tech for trade finance in partnership with IBM. Dubai Customs, the emirate’s customs office, and Dubai Trade, an electronic trade services hub operated by the government, are helping spearhead the initiative ... ( read original story ...)

“With this new launch, the bank further builds on its role as a leader in providing smart banking services in the UAE,” said Suvo Sarkar, group head of retail banking and wealth management at Emirates NBD. “Liv. offers customers a unique experience ... ( read original story ...)

Emirates NBD has introduced a biometric signature option for customers, as well as launched a new fingerprint-secured banking app aimed at millennial customers, according to a report by CPI Financial. The UAE bank has implemented instant digital ... ( read original story ...)

Young couple Jawad and Amal are planning to purchase a home in Dubai this year. Being devout Muslims, they wish to finance their property in accordance with the principles of their faith. Having taken conventional mortgage offers from banks on board ... ( read original story ...)

The second Arab IPO Summit, a major gathering of capital market authorities and financial institutions upcoming in Dubai, UAE will highlight the critical aspects for the implementation of successful IPO (Initial Public Offerings). The event will be held on ... ( read original story ...)