Tag: finance

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 ...)

Three UAE banks have announced plans to declare this week their financial data for the first quarter of the year 2017. The declaration, made by the Dubai Islamic Bank, Mashreq Bank and Union National Bank, listed on ADX, comes in line with the directives ... ( read original story ...)

Vice President of the UAE and Ruler of Dubai. Recently it was reported that more than 900 Emirati men and women were employed by banking and financial institutions in just 75 days through government accelerators. This is an incredible achievement and sets ... ( read original story ...)

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: Expectations on UAE banks are modest as they start declaring first quarter results from this week. However, banking analysts expect to see signs of improvement in asset quality and profitability starting this quarter. With most banks continuing ... ( read original story ...)

As part of its commitment to strengthen joint cooperation and exchange expertise on innovation, the UAE Ministry of Finance (MoF) signed a Memorandum of Understanding (MoU) with Sabah Al-Ahmad Center for Giftedness and Creativity (SACGC). The signing took ... ( read original story ...)

Dubai - Mubasher:UAE stocks are likely to see further selective buying by foreign and institutional investors on Tuesday ahead of first quarter disclosures and despite the decline in oil prices, GCC market analyst Mohamed Al Ahbaby told Mubasher. ( read original story ...)

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 ...)

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 ...)

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 ...)