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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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 …
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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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Saudi Tadawul Group sets IPO final offer price at top end of range
Saudi Tadawul Group, the owner and operator of the kingdom’s stock exchange, set the final price of its initial public offering at the top end of the range, valuing the company at 12.6 billion Saudi …
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Dubai billionaire Sajwani acquires 95.5 percent of Damac shares
Sajwani, who founded Damac, announced his intention to take the company private, resigned as the property giant’s chairman, and made a conditional offer to buy the company’s remaining shares. Dubai …
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Dubai FDI enables global digital consultancy SoftServe open regional headquarters in Dubai
The Dubai Investment Development Agency (Dubai FDI) has supported and enabled SoftServe, a global digital consultancy that h …
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Dubai bourse to see debut of India’s fund manager and start-up founder Nikhil Kamath
Several other Indian firms are also expected to follow suit as Dubai seeks to strengthen its position as a global markets hub with a series of announcements on financial incentives and listing plans …
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UAE – SPC Free Zone, Mashreq sign deal for banking services
Sharjah Publishing City Free Zone (SPC Free Zone), the first-of-its-kind hub for publishing, printing, and allied b …
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Jared Kushner Looks to Persian Gulf to Finance Investment Firm
In a move that has good-government watchdogs on alert, Jared Kushner is looking to the Persian Gulf to raise money for his investment firm.
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Al Khoory Sky Garden Hotel Opens at the Heart of historic Dubai
Al Khoory Sky Garden Hotel Opens at the Heart of historic Dubai . The opening of Al Khoory Sky Garden takes place as the UAE celebrates 50th National Da …
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How Islamic banks are making their mark in the post-pandemic UAE
Nearly half of those surveyed – 48 percent – agreed that they prefer Islamic banks more since the onset of the coronavirus pandemic, up from 45 percent in 2020.. How Islamic banks are making their …
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Turkey explores $5bn currency swap with the UAE
Turkish officials also signed a deal with Abu Dhabi that allows the latter to directly inject US dollars into the Turkish central bank coffers …
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UAE reviews progress in efforts to combat money laundering
The UAE’s Higher Committee Overseeing National Strategy on Anti-Money Laundering and Countering Financing of Terrorism held a meeting at Expo 2020 Dubai that briefed members on the latest developments …
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Are You Ready For iFX EXPO Dubai 2022?
Following this year’s UAE success, iFX EXPO Dubai 2022 will be sweeping into an even larger venue for another action-packed show. The eagerly-awaited expo will take place at Za’abeel Hall 6, Dubai …
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New mosque opened in Badr City in Muhaisnah, Dubai
The mosque can accommodate more than 1180 worshippers including 990 men and 196 women Dubai: The Islamic Affairs and Charitable Activities Department in Dubai (IACAD) has opened the Badr City Mosque …
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Fitch Affirms Agricultural Bank of China ‘s Long-Term IDR at ‘A’; Outlook Stable
Fitch Ratings has affirmed Agricultural Bank of China Limited’s (ABC) Long-Term Foreign-Currency Issuer Defaul …
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CII inks partnership with UAE finance training centre
To boost education within insurance and financial planning sectors across the Middle East #cii #education #uae …
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