All shares to be offered represent the sale of existing shares held by Al Ansari Holding, which is the sole shareholder of Al Ansari Financial Services. The global offering will be made available to …
SWIFT User Group In UAE Confirms Continuous Improvement In Payments And Increased Efficiency Of Bank Transfers – Mid-East.Info
The SWIFT User Group Steering Committee and National SWIFT in the UAE Member Group held its first meeting of 2023 on the 6th of March under the chairmanship of Mr. Jamal Saleh, Director General of UAE …
UAE Has World’s Best Expats Lifestyle, According to Latest Survey
Where in the world is the best place to live as expats? According to a recent HSBC survey, the answer is the United Arab Emirates, which offers the best lifestyle to expatriates. The results were …
US Targets ‘Shadow Banking’ Network Helping Iran Evade Sanctions
“Iran cultivates complex sanctions evasion networks where foreign buyers, exchange houses, and dozens of front companies cooperatively help sanctioned Iranian companies to continue to trade,” said …
New Edmond de Rothschild Dubai office ‘complimentary part of global strategy,’ says market lead
Non-traditional energy opportunities are in focus for the bank New Edmond de Rothschild Dubai office ‘complimentary part of global strategy,’ says market lead advisory services, DIFC, Dubai, Dubai …
DFM and Nasdaq Dubai expand custody services in collaboration with Emirates NBD Capital
Dubai Financial Market (DFM) and Nasdaq Dubai on Thursday announced the admission of Emirates NBD Capital PSC as a custodial services provider on both markets. Emirates NBD Capital has obtained a …
UAE: Al Ansari Announces IPO, To Sell 10% Stake
Al Ansari Financial Services, a leading integrated financial services group in the UAE, announced on Thursday its plan to sell 750 million shares ea …
‘Our phones are ringing off the hook’: Amid a global downturn, the finance world is chasing Middle Eastern money
The Gulf region’s 10 largest sovereign wealth funds combined manage nearly $4 trillion, according to the Sovereign Wealth Fund Institute.
UAE climate change minister is new board member of country’s largest bank
Mariam Mohammed Saeed Hareb Al Mheiri is also the first female board member of First Abu Dhabi Bank (FAB) …
Dubai Money Exchange Firm Al Ansari to Sell 10% Stake in IPO
Al Ansari Financial Services said it plans to sell a 10% stake in its Dubai initial public offering, marking the emirate’s first listing this year.Most Read from BloombergMeta Plans Thousands More …
UAE’s Al Ansari Exchange to float on Dubai bourse, announces 10% IPO stake
UAE-based exchange house Al Ansari Financial Services has announced plans to list 10 percent of the company in an initial public offering (IPO) on the Dubai Financial Market. The company is selling …
UAE’s Al Ansari Financial Services to list 10% stake in IPO
All shares to be offered represent the sale of existing shares held by Al Ansari Holding, which is the sole shareholder of Al Ansari Exchange. The global offering will be made available to individual …
Dubai: Three jailed for running fake website for popular restaurant chain, stealing credit card data
One of the men admitted the gang specialised in creating fake pages for famous shops and restaurants with the aim of defrauding customers …
UAE: Couple jailed for stealing Dh50,000 luxury car sold on social media
An Arab couple in Ras Al Khaimah has been accused of stealing a Mercedes Benz car worth Dh50,000 from a resident. The woman was considered the main defendant in the case as she pretended to be a buyer …
Dubai’s Department of Finance launches IMTITHAL training programme on UAE Corporate Tax
The first of its kind in the country, IMTITHAL programme is based on interactive participation and will be presenting many realistic examples related to the corporate environment in various economic …
Video: UAE Leaders Pay Glowing Tributes To Women In Heartfelt Notes
Women in the UAE are astronauts, photographers, volunteers, pilots, mothers, doctors, jockeys, archers, racers, soldiers, musicians and anything they wish to be. As the world marked International …
Dubai Police help Interpol nab 9,000 most wanted criminals involved in cases worth Dh6.19 billion
With the Dubai Police closely working with the Interpol, as many as 9,000 criminals on the world’s most-wanted list were arrested in 195 countries. The figure came straight from Jürgen Stock, …