The Indian rupee depreciated by 11 paise to 79.93 against the US dollar (21.78 versus the UAE dirham) in opening trade on Wednesday, tracking the strength of the American currency. At the Indian …
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Emirates Development Bank to Approve New Loans to SMEs, Startups
Emirates Development Bank, the financial “engine” of the UAE’s economic diversification strategy, has announced a lending feature.
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Tel Aviv Bourse Head Seeks More Bilateral Investing With UAE
Ittai Ben Zeev, CEO of Tel Aviv Exchange, Mohamed Al Khaja UAE ambassador to Israel and Ahmed Al Zaabi chairman of Abu Dhabi Global Markets (ADGM), open the trading day at the Tel Aviv Stock Exchange …
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UAE bank becomes first to offer Mastercard’s Touch Card for the visually impaired
Mastercard has announced that Ajman Bank in the United Arab Emirates (UAE) has become the first financial institution to issue its new Touch Card, a payment card designed for blind and partially …
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Dubai’s Road-Toll Operator Salik to Sell 20% Stake in IPO
Salik Company, Dubai’s exclusive road-toll operator, announced a plan to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the Dubai Financial Market (DFM).
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Lighthouse Canton Capital: Transforming the future of finance
Through its offices located in Singapore, Dubai and across India, the company has been providing intelligent investment solutions to its clientele …
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POLL Dubai housing market outlook dims on increase in borrowing costs
Property prices in Dubai will rise this year and next at a slower pace than previously thought as higher mortgage rates and the cost of living crisis will reduce foreign demand, a Reuters poll of …
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Dubai real-estate transactions hit over $653 million on Monday
Dubai real-estate transactions hit over $653 million on Monday Dubai, Dubai real estate market, Real Estate, UAE Latest News …
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Dubai real-estate transactions hit over AED 2.4 billion in a week
Dubai real-estate transactions hit over AED 2.4 billion in a week Dubai, Dubai real estate market, Real Estate, UAE Latest News …
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‘Salik’ announces intention to float on Dubai Financial Market
Salik Company, Dubai’s exclusive toll gate operator, today announced its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the Dubai Financial …
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Regular investments, zero savings: How UAE parents are securing kids’ education
Some also rely on loans. In the UAE, where several financial solutions are available, providing for children’s education varies from one family to another. A cross-section of individuals shared with …
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New Salik branding, more toll gates: Everything we know about Dubai’s next big IPO
The company currently operates eight toll gates across Dubai – particularly placed in strategic junctures, bridges, and other high-traffic areas in the emirate New Salik branding, more toll gates: …
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Dubai Set to Sell 20% in Road-Toll Firm in Third IPO of the Year
Dubai is selling a 20% stake in its road-toll collection system in a deal that could raise about $1 billion for the government, as part of the city’s ongoing efforts to boost trading volumes. Most …
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Dubai: RTA’s Salik To Sell 1.5 Billon Shares In IPO
The road toll operator Salik will sell 1.5 billion shares or 20 per cent of the stake through the initial public offering (IPO). The offering comprises individual subscribers, professional investors …
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UAE: Storing savings in your bank account? Here’s how to make the most of it
Here’s some useful tips to ensure that you don’t lose out on your savings account’s perks This website stores cookies on your computer. These cookies are used to improve your experience and provide …
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UAE-based Cashew hits market raising over $70 million, largest by a BNPL startup in the country so far
The venture is already in negotiations with a couple of family offices in Saudi Arabia and venture capital (VC) firms in the US and Singapore for the proposed fundraising UAE-based Cashew hits market …
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Salik IPO: Dubai toll operator to sell 20% stake in IPO and list on DFM
The government will sell 1.5 billion shares in Salik and it reserves the right to amend the size of the offering, it said in an advertisement in Gulf News on Monday. The offer price will be published …
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