Emirates NBD Capital caps UAE’s first IPO in 2017

The IPO was Dubai’s first since Dubai Parks & Resorts floated in December 2014, a transaction on which EMCAP was also Joint Global Coordinator and Joint Bookrunner. ENBD REIT’s offer was well over-subscribed with commitments from a mix of investors ... ( read original story ...)

Spot interviews for bank jobs

Dubai: Noor Bank is participating at the annual Careers UAE as part of its strategic objective to bring on board talented Emiratis for key positions. The bank personnel are on hand at the bank’s stand — 7A-5, to conduct on-the-spot interviews and ... ( read original story ...)

Dubai Police foil Sharjah bank robbery, arrest three

Dubai: Dubai Police foiled a bank robbery by arresting three men just hours before they were to attempt the heist, police said on Thursday. Major-General Khalil Ebrahim Al Mansouri, Assistant to the Dubai Police Chief for Criminal Investigation Affairs ... ( read original story ...)

Dubai’s Noor Bank to get new CEO – sources

The head of corporate and investment banking at Dubai’s Mashreq is leaving to become chief executive of Noor Bank, sources familiar with the matter told Reuters on Monday. Mashreq, Dubai’s third-biggest bank by assets, said John Iossifidis was leaving ... ( read original story ...)

Traded volume peaks in First Abu Dhabi Bank as rally continues

Dubai: More traders participated in the newly formed First Abu Dhabi Bank boosting liquidity in the once illiquid stock on inclusion in the FTSE emerging market index, causing a surge in the Abu Dhabi index on Wednesday, and making it a regional leader. ( read original story ...)