With the Reserve Bank of India (RBI) imposing a shadow ban on cryptos and the finance ministry almost taxing the asset to death, many high net-worth individuals (HNI) investors have moved their …
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Saudi Arabia’s PIF expected to raise $2.5-2.75 bln with debut bonds
REUTERS/Ahmed Yosri/File Photo DUBAI, Oct 5 (Reuters … Middle East Most Gulf markets in red ahead of OPEC+ meet, article with image 1:49 PM UTC Markets Hedge funds suffer $32 bln of outflows in Q2 …
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Ajman Bank Signs Agreement with VaultsPay to Implement Innovative Payment Solutions
Ajman Bank has signed a partnership agreement with VaultsPay, a UAE Fintech Company to build and implement a highly innovative payments value proposition for businesses and individuals in the UAE.
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Thai inflation rate slows in September, central bank seen hiking further
People wearing face masks shop for street food in Chinatown amid the spread of the coronavirus disease (COVID-19) in Bangkok, Thailand, January 6, 2021. REUTERS/Athit Perawongmetha …
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Burjeel raises over $300 million in oversubscribed IPO, driven by ‘strong demand’
The IPO saw a strong demand from investors in the UAE, and the company sold over 550.7 million shares at a share price of AED2 Burjeel raises over $300 million in oversubscribed IPO, driven by ‘strong …
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UAE participates in 117th meeting of GCC Financial and Economic Cooperation Committee
Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, yesterday headed the UAE delegation participating in the 117th meeting of the GCC Financial and Economic Cooperation Committee, …
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Ajman Bank signs agreement with VaultsPay
Mr. Mohamed Amiri, Chief Executive Officer, Ajman Bank, said, “We are glad to collaborate with VaultsPay as part of our ongoing commitment to strengthen the payments infrastructure with the most …
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UAE: ADIB Amwali sees rapid growth in the first year of its operation
When Amwali was first introduced in August 2021, it was intended to empower youth to develop financial management skills early in life. Over the past year, ADIB witnessed that youth are inclined …
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UAE: Is it profitable to buy physical gold or put my money in gold-tracked investments?
Apart from buying physical gold, investors have options like gold bond, ETF or mutual fund Gold investment is … Image Credit: Shutterstock Dubai: Gold investment is a traditional form of …
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Hospital operator Burjeel sets IPO price at low end, to raise $300 mln
Abu Dhabi-based hospital operator Burjeel Holdings said on Wednesday it expected gross proceeds of about 1.1 billion dirhams ($299.51 million) from its initial public offering, after it set the share …
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Burjeel IPO: UAE healthcare provider raises $300m from oversubscribed offering
Victor Besa / The National A medic at Burjeel Hospital in central Abu Dhabi holds a dose of a vaccine developed by Chinese drug maker Sinopharm. Victor Besa / The National . Ab …
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UAE non-oil economy activity levels increase amid robust demand growth
The UAE economy continues to record strong growth, with its non-oil sector expanding despite a global slowdown. AFP . The UAE …
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Former Lebanese ambassador holds sit-in at Beirut bank amid new wave of heists
Brazil and the UAE and is currently the honorary consul of Ireland in Lebanon – is refusing to leave the bank in Hamzieh after the branch declined to give the diplomat the usual amount he withdr …
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Dubai Financial Market welcomes IPOs raising over $56bln in 9 months
Dubai – The Dubai Financial Market (DFM) welcomed new initial public offerings (IPOs) worth AED 208.20 billion ($56.70 billion) during the first nine months (9M) of 2022. These IPOs aim to support …
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UAE participates in 117th meeting of the GCC Financial and Economic Cooperation Committee
His Excellency Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, headed the UAE delegation …
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Al Ansari Exchange updates physical branches amid IPO buzz
One key revamp is installing smart counters where customers no longer have to speak to a human teller Al Ansari Exchange updates physical branches amid IPO buzz Al Ansari Exchange, Al Ansari Exchange …
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Dubai Financial Market plans to adopt new index methodology during Q4 2022
The exchange indices are to be calculated by S&P Dow Jones Indices Dubai Financial Market plans to adopt new index methodology during Q4 2022 DFM, DFM equity market, DFM General Index, DFM sector …
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