Most stock markets in the Gulf extended gains from the previous session to end higher on Wednesday as crude prices gained, but the Dubai index bucked the trend to close lower.
( read original story …)
RBI says no to six banking licence applicants. Who are they?
The Reserve Bank of India (RBI) said on May 17 that it had found six applicants not suitable to be given licences to run universal banks and small finance banks, or SFBs. RBI said those found not …
( read original story …)
Adnoc and Borealis to sell 10 percent stake in Borouge petrochem joint venture through an IPO
The Middle East IPO boom has continued to gather steam even as Russia … listings in the last 16 years successful despite a large volume of IPOs? In April, the Dubai Electricity and Water Authority …
( read original story …)
Another ADNOC entity – Borouge – to go in for IPO, list on ADX
Launched in 1998, the Borouge complex is the nerve centre of ADNOC – and Abu Dhabi’s – ambitions in the petrochemical space. Its main production is of polyolefin solutions a …
( read original story …)
Asia’s Spac hopefuls have nowhere to turn as IPO market dries up
Asian sponsors of blank-cheque firms are facing a tough market for initial public offerings (IPOs) wherever they turn, as a combination of increasing regulatory scrutiny and fading investor demand …
( read original story …)
Residents of the UAE can apply for a free course to learn how to invest in the stock market
This course will provide participants with an overview of how and when to invest, how to manage investment risks, how investor psychology works, how to limit possible losses and maximize benefits, how …
( read original story …)
‘Deserving successor’ Sheikh Mohamed bin Zayed will boost UAE growth by investing in people: officials
Government officials pointed to Sheikh Mohamed bin Zayed’s achievements across security, construction, culture, and tourism, among other fields, and have showed support for his plans to ensure …
( read original story …)
Emirates IPO will raise the profile of the Dubai market
The international airline could be listed as part of the government’s privatisation drive …
( read original story …)
RBI Rejects On Tap Banking License Request Of All 6 Applicants
The RBI in a statement said the examination of six applications has now been completed as per the procedure laid down under the guidelines.
( read original story …)
UAE’s Best Jobs and Roles in 2022
A new survey conducted by Bayt.com and YouGov revealed the jobs and roles on top of the list of UAE employers who plan to hire in 2022.The survey which was survey was conducted online from December 8, …
( read original story …)
UAE Medical Devices Market: Projected to Grow at A Significant Rate with Industry Analysis, Key Leading Industry Players 2021 – 2026
The UAE Medical Devices Market research report is a thorough analysis that provides an in-depth perspective of the market, including current trends and future size in terms of service and products.
( read original story …)
Dubai has been attracting attention of tech community from India: Yousuf Lootah
He said one of the key things that Dubai has been successful in doing over the past year has been attracting the attention of the tech community from India. Lootah also spoke about rising visitors to …
( read original story …)
Trade finance platform Modifi to offer SMEs working capital through DP World portal
Small and medium businesses in the UAE can tap another resource for working capital, with the addition of fintech Modifi’s trade finance solutions to a DP World platform. The Dubai ports and …
( read original story …)
How the updated Golden Visa regulations are spurring demand for Dubai’s real estate
Ten-year-residency and similar initiatives, coupled with UAE’s coronavirus response, are the driving forces behind property market’s success, the ZāZEN Properties COO said How the updated Golden Visa …
( read original story …)
Mediterranean and Gulf Insurance and Reinsurance Company Medgulf B.S.C. Closed — Dubai and Abu Dhabi Branches
We have audited the financial statements of Mediterranean and Gulf Insurance and Reinsurance Company Medgulf B.S.C Closed- Dubai and Abu Dhabi Branches (the “Branches”) which comprise the statement of …
( read original story …)
Make money by sharing your Dubai travel stories
Bank the cash by letting others know what you have done in the city. Make money by sharing your Dubai travel stories . Travel. News.
( read original story …)
UAE Private Sector Emiratisation Rate to Reach 10% by 2026
The meeting was attended by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance; H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, …
( read original story …)