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Tag: finance

Posted on 29/12/2022

Dubai-listed Salama to acquire Aman’s insurance portfolio

Provided by The National DFM-listed Salama said its acquisition of Aman’s Target portfolio will boost its competitiveness. Jeffrey E Biteng / The National. Islamic Arab Insuran …

Posted on 29/12/2022

UAE Central Bank cancels another insurance broker’s registration

The regulator recently released new anti-money laundering guidelines for insurance companies, and all firms must comply within a month …

Posted on 29/12/2022

Net foreign investments in UAE stocks hit $8.2bln in 2022

The net investments of non-Arab foreigners in local UAE stocks amounted to around AED30 billion since the start of 2022, reported Wam. The volume of investments is the outcome of the UAE’s ongoing …

Posted on 29/12/2022

Net foreign investments in UAE stocks hit around AED30 billion since start of 2022

The net investments of non-Arab foreigners in local UAE stocks amounted to around AED30 billion since the start of 2022.The volume of investments is the outcome of the UAE’s ongoing efforts to attract …

Posted on 29/12/2022

Net foreign investments in UAE stocks hit $8.2bn in 2022

The volume of investments is the outcome of the UAE’s ongoing efforts to attract foreign investors, underpinned by the resilient performance of listed companies in line with the Principles of the 50 …

Posted on 29/12/2022

Net foreign investments in UAE stocks hit around AED30 bn since start of 2022

The net investments of non-Arab foreigners in local UAE stocks amounted to around AED30 billion since the start of 2022. The volume of investments is the outcome of the UAE’s ongoing efforts to …

Posted on 29/12/2022

Foreign investors put $8bn in UAE stocks

Non-Arab foreigners invest almost $8bn since beginning of 2022 Foreign investors put $8bn in UAE stocks ADX, DFM Market Data …

Posted on 29/12/2022

Orient Finance Exhibits Strong Performance For Q3 2022 With Trade Volume Worth USD 50 Billion – Mid-East.Info

The company recorded over 350 new trading accounts during the quarter UAE represents 95 per cent of these accounts UAE: …

Posted on 29/12/2022

Abu Dhabi bourse closes higher driven by banking sector

Abu Dhabi’s FADX 15 Index grew 0.39% supported by 1.6% and 1.65% hikes in the main lender First Abu Dhabi Bank and Abu Dhabi Islamic Bank respectively. In the meantime, Dubai’s main share index (DFMGI …

Posted on 28/12/2022

Dubai realty set to hit new peak in 2023

Rising demand from high net worth individuals and foreign investors will drive the property sector growth next year, experts say …

Posted on 28/12/2022

Mansion Global Daily: Dubai’s Housing Market Closes out a Banner Year

The International Monetary Fund has named Australia’s property and rental markets as some of the most “misaligned” in the developed world, in a report on housing stability and affordability. High home …

Posted on 28/12/2022

Saudi Arabia’s Luberef falls as much as 6.6% below IPO price in market debut

Shares in Saudi Aramco’s base oil subsidiary Luberef fell as much as 6.6% below its listing price in its Riyadh market debut on Wednesday.

Posted on 28/12/2022

Look: UAE Central Bank issues new commemorative coins

Each coin weighs 60 grams and includes a drawing of the Abu Dhabi Ports Group logo with CBUAE’s name written in both Arabic and English languages …

Posted on 28/12/2022

UAE Central Bank issues commemorative coin on 50th anniversary of Zayed Port and 10th anniversary of Khalifa Port

The issuance of these commemorative coins highlights the successes achieved by the ports of Abu Dhabi and their role in the emirate’s maritime sector in the past decades.

Posted on 28/12/2022

The Debt Panel: ‘Can a bank freeze my gratuity and cancel my credit card?’

However, my bank has blocked my final end-of-service settlement and told me to cancel my credit card. I paid the credit card balance in full every month and have significant cash savings in another …

Posted on 27/12/2022

GCC’s share of global IPOs jump to 23% in 2022; UAE leads with 12 companies raising $11bln

Led by the UAE, the GCC’s share in the global initial public offering (IPO) has massively increased in 2022. According to EFG Hermes, out of $91 billion (Dh334 billion) raised through IPOs worldwide, …

Posted on 27/12/2022

Israel’s outgoing finance minister says incoming government will harm economy

Israel’s outgoing finance minister warned on Tuesday that the incoming government would be “very socialist” due to a coalition deal involving an ultra-Orthodox Jewish party and this could cause a …

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