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Tag: finance

Posted on 21/04/2022

What are local currency T-bonds and how can they boost UAE’s capital markets?

Provided by The National The UAE plans to auction its first T-bonds in May. Silvia Razgova / The National . Related: UAE launches dirham treasury bonds with an issuance size of …
( read original story …)


Posted on 21/04/2022

UAE Central Bank launches two new banknotes

The Central Bank of the UAE (CBUAE) has launched two new polymer banknotes, in five and ten dirham denominations. The banknotes, which have been enhanced by technical characteristics and security …
( read original story …)


Posted on 21/04/2022

Private School Operator Taaleem Picks Banks for Dubai IPO

(Bloomberg) — Private school operator Taaleem has picked EFG-Hermes and Emirates NBD Bank to lead a planned Dubai initial public offering, according to people with knowledge of the matter. We …
( read original story …)


Posted on 21/04/2022

Blackstone Hedge Fund Duo Are the Latest to Exit After Leadership Changes

Blackstone Inc. is losing two more managing directors from its hedge fund solutions group, according to people with knowledge of the matter.Most Read from BloombergKremlin Insiders Alarmed Over …
( read original story …)


Posted on 21/04/2022

Look: UAE Central Bank launches new Dh5 and Dh10 banknotes

The Central Bank of the UAE (CBUAE) on Thursday announced the launch of two new banknotes, in five and ten dirham denominations, made of polymer and enhanced by advanced technical characteristics and …
( read original story …)


Posted on 21/04/2022

Dubai’s Emirates NBD posts 18% rise in Q1 profit, higher rates to help

Dubai’s biggest lender, Emirates NBD, posted a rise of 18% in quarterly net profit as impairment allowances fell sharply on economic recovery from the pandemic, while higher interest rates boosted its …
( read original story …)


Posted on 21/04/2022

UAE looks to build local banking and financial sector with sale of dirham-denominated Treasury bonds

The UAE Ministry of Finance has assembled six local and international banks to participate in the primary market auction, including Abu Dhabi Commercial Bank (ADCB), Emirates NBD, First Abu Dhabi Bank …
( read original story …)


Posted on 21/04/2022

UAE looks to build local banking and financial sector with sale of dirham-denominated Treasury bonds

The UAE Ministry of Finance has assembled six local and international banks to participate in the primary market auction, including Abu Dhabi Commercial Bank (ADCB), Emirates NBD, First Abu Dhabi Bank …
( read original story …)


Posted on 21/04/2022

Dubai lender Emirates NBD posts 18% rise in Q1 profit

Dubai’s biggest lender, Emirates NBD , posted a rise of 18% in quarterly net profit as impairment allowances fell sharply on economic recovery from the pandemic, while higher interest rates boosted …
( read original story …)


Posted on 21/04/2022

Dubai lender Emirates NBD posts 18% rise in Q1 profit

Dubai’s biggest lender, Emirates NBD , posted a rise of 18% in quarterly net profit as impairment allowances fell sharply on economic recovery from the pandemic, while higher interest rates boosted …
( read original story …)


Posted on 21/04/2022

Reed Hastings, Hedge Funds Dealt Blow After Netflix Miss

Reed Hastings’s fortune was already on the decline before Netflix Inc., the streaming giant he co-founded, reported dismal first-quarter earnings.Most Read from BloombergKremlin Insiders Alarmed Over …
( read original story …)


Posted on 21/04/2022

Hedge Fund Bets Against a SPAC Tied to Trump After Truth Social ‘Disaster’

Hedge fund Kerrisdale Capital Management is betting against the shell company tied to Donald Trump, wagering that it will fail to get regulatory approval to merge with his media company and take it …
( read original story …)


Posted on 20/04/2022

UAE announces Domestic Dirhams Treasury Bonds worth Dhs1.5 billion

The UAE, represented by the Ministry of Finance (MoF) as the Issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, has announced the launch of conventional …
( read original story …)


Posted on 20/04/2022

UAE proposes schedule for first local currency T-bonds – finance ministry

The United Arab Emirates will soon sell Treasury bonds denominated in local currency for the first time, seeking to raise 9 billion dirhams ($2.45 billion) with eight auctions between May and the end …
( read original story …)


Posted on 20/04/2022

UAE to auction T-bonds worth Dh1.5b in May

The latest treasury bond issue comes in the wake of the first federal bond launched in October 2021 after the government passed a law in 2018 allowing the federal …
( read original story …)


Posted on 20/04/2022

UAE launches dirham treasury bonds with an issuance size of Dh1.5bn

The UAE announced the launch of conventional dirham denominated treasury bonds with a benchmark size of Dh1.5 billion ($400 million) to build a local currency bond market and diversify financing …
( read original story …)


Posted on 20/04/2022

UAE launches domestic dirhams Treasury Bonds worth Dhs1.5bn

The securities will be auctioned and traded through Bloomberg’s Auction System and settled through a local platform.
( read original story …)


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