Aramco securing cheap loans before IPO

DUBAI: Saudi Aramco is working to secure billions of dollars ... Saudi Arabia’s push to ensure what could be the world’s biggest initial public offering (IPO) goes ahead in 2018, despite market speculation that sale plans might be delayed or even ... ( read original story ...)

Kuwait-backed Aston Martin said to eye $6.8bn IPO

Investors’ interest in an IPO this year could be bolstered by the planned expansion ... Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox. ( read original story ...)

Dubai’s DFM reveals list of securities in short selling push

Dubai Financial Market (DFM) on Tuesday announced the list of securities eligible for trading as part of the regulated short selling (RSS) service. The service has recently been launched as part of its efforts to provide market participants with new tools ... ( read original story ...)

Dubai bank to launch first battery powered payment cards

Dubai's biggest bank on Tuesday announced plans to introduce the first battery-powered, interactive payment cards to the UAE this year. Emirates NBD has teamed up with Dynamics Inc on Wallet Card, which is the world’s first connected, secure payment card ... ( read original story ...)

Effects of VAT on individuals minimal: Ministry of Finance

DUBAI: The Ministry of Finance stated that adopting value-added tax (VAT) in the UAE will have a positive effect on its development and competitiveness — and will contribute to building a sustainable knowledge-based economy for future generations ... ( read original story ...)