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Tag: finance

Posted on 30/11/2021

Dubai government weighing IPO of Emirates airline, says president Tim Clark

The Dubai government is considering an initial public offering of Emirates airline, the flagship carrier’s President Tim Clark said on Monday, as authorities work to boost activity on the local stock …
( read original story …)


Posted on 30/11/2021

UAE banking sector profitability rebounds in Q3: A&M

While UAE banks have recorder a slowdown in balance sheet growth, there has been a sharp rise in earnings indicating that banks are prioritizing profitability over growth, said professional services …
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Posted on 30/11/2021

Emirates NBD hosts Austrian delegation at Future Banking branch at Expo 2020 Dubai

Emirates NBD Group, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, and a Premier Partner and the Official Ba …
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Posted on 30/11/2021

Cashfree Payments investments in UAE payment gateway, Telr

Payments and API banking solutions company, Cashfree Payments (Cashfree) announced an equity investment of $15 million in Telr …
( read original story …)


Posted on 30/11/2021

Cashfree Payments expands its MENA presence through investment in UAE-based Payment Gateway, Telr

Leading payments and API banking solutions company, Cashfree Payments (Cashfree) announced an equity investment of …
( read original story …)


Posted on 30/11/2021

UAE’s new legal reforms to usher in more FDI and support SMEs, experts say

The new legal reforms recently announced by the UAE government are expected to help the country attract more foreign direct investment and support the growth of small and medium enterprises to …
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Posted on 30/11/2021

Cashfree Payments invests $15 million in UAE-based payment gateway Telr

Cashfree aims to become the top payment service provider in the Middle East and North Africa region in the coming years. With Telr, Cashfree will develop a unified cross-border payments platform to …
( read original story …)


Posted on 30/11/2021

Cashfree invests in UAE-based Telr, explores global expansion

Payments and banking solutions provider, Cashfree Payments has invested close to $15 million in the UAE and Saudi Arabia-based payment service provider, Telr, as it looks to expand its product …
( read original story …)


Posted on 30/11/2021

UAE – ICD swings back into the black in first half of 2021

The majority of the group’s profit came from banking and financial services, oil and gas, and aluminium production while transportation reduced its …
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Posted on 29/11/2021

Starting a business? UAE serial entrepreneur warns of 5 costly mistakes when starting out

This UAE woman entrepreneur shares 5 lessons with those looking to invest in new ventures Dubai: With entrepreneurship comes financial anxiety related to sustaining and scaling up the business.
( read original story …)


Posted on 29/11/2021

Actress Lindsay Lohan announces engagement to Dubai resident Bader Shammas

Actress Lindsay Lohan has told her followers on Instagram that she’s engaged to Dubai resident Bader Shammas.Lohan announced her engagement to boyfriend …
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Posted on 29/11/2021

UAE – NAMA Panel at Expo 2020 Promotes Gender Responsive Budgeting to Achieve Gender Equality

Is Gender Budgeting the Solution to Inclusion’, outlined significant results achieved through GRB in different countries
…
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Posted on 29/11/2021

Turkey’s Erdogan to visit the UAE in February for first time in 10 years

Turkish President Recep Tayyip Erdogan said he is planning to visit the United Arab Emirates in February, the first such trip in nearly 10 years as the erstwhile foes further strengthen ties. Erdogan …
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Posted on 29/11/2021

UAE’s Khalifa University launches investment arm with Dhs100m endowment

The newly formed Khalifa University Enterprises Company will act as the business and investment arm of the university …
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Posted on 29/11/2021

Business Leaders of the UAE: AJMS – The voice of financial inclusion and awareness

As its Founder and Group CEO, I can firmly attest to the fact that AJMS Network presents some of the best brains in the fields of banking, regulation, auditing and legal advisory. Headquartered here …
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Posted on 29/11/2021

UAE – Paytm IPO debacle and possible cycle peak

By Matein Khalid
Speculative manias in the financial markets invariably culminate in hysteria and greed run amok. So the 25% fall in the $2.5 bi …
( read original story …)


Posted on 28/11/2021

Saudi bourse operator prices IPO at top of range, raises $1.01 bln

Saudi Tadawul Group raised 3.78 billion riyals ($1.01 billion) on Sunday via an initial public offering (IPO) that was priced at the top of the indicated range and 121 times oversubscribed.
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