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Tag: finance

Posted on 24/01/2022

For Goldman, Saudi Arabia will remain king of Mideast IPO deals

Tadawul All Share Index is up 8 percent this year, making it one of the world’s best performers, data compiled by Bloomberg show For Goldman, Saudi Arabia will remain king of Mideast IPO deals Capital …
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Posted on 24/01/2022

Dubai financial tribunal upholds $175,000 fine against ex-DIFC based banker Gilles Rollet

Dubai: Dubai’s financial services watchdog DFSA confirmed that an enforcement action taken against Gilles Rollet, a former director at a DIFC-licensed firm. Rollet, formerly with La Tresorerie Ltd., …
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Posted on 24/01/2022

Abu Dhabi Islamic Bank appoints new Head of Private Banking

He joins ADIB from the Ministry of Foreign Affairs (MOFA) where he was the Director of Financial Affairs. In addition to his recent work with MOFA, he has extensive experience working in major banks …
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Posted on 24/01/2022

GCC IPO pipeline remains strong in 2022: Kamco

The maiden offerings’ pipeline in the Gulf Co-operation Council (GCC) remains strong for corporate and sovereign assets, according to Kamco Invest, a leading regional economic think-tank.
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Posted on 24/01/2022

UAE – Abdullah Sharafi appointed to DFSA’s board of directors

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and President of the Dubai International Financial Centre (DIFC), has issued a …
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Posted on 23/01/2022

How To Get A Personal Loan In UAE With Simple Steps?

Table of content Personal loan conditions Steps to get a personal loan in UAE Common Questions & Answers Life can be costly, especially if you have kids, from having to get a car to go to work or kids …
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Posted on 23/01/2022

Saudi digital security firm Elm seeks to raise up to $820 mln at IPO

Saudi Arabia’s digital security firm Elm said on Sunday it has set an indicative price range for its initial public offering, aiming to raise as much as 3 billion riyals ($820 million).
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Posted on 23/01/2022

Banking across the GCC: Carving out a new future

Growing customer awareness and the recent global health crisis have encouraged regional banks to ramp up their offerings.
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Posted on 23/01/2022

UK private credit manager opens Dubai office to launch Gulf growth

Pemberton, which has nearly $16 billion of assets under management, is seeking to attract new clients in the Middle East UK private credit manager opens Dubai office to launch Gulf growth assets under …
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Posted on 23/01/2022

Jerusalem Post hacked, Emirati ship seized in Red Sea

DUBAI, United Arab Emirates (AP) — Yemen’s Houthi rebels seized an Emirati-flagged ship in the Red Sea, officials said Monday, the latest sign of Mideast tensions as hackers targeted a major …
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Posted on 22/01/2022

Jammu and Kashmir eyeing Dubai-based groups for funds

Governor’s administration in Jammu & Kashmir is pushing hard to convince Dubai-based investors to explore investment possibilities in the Union Territory, even as JSW Steel Ltd. and Apollo Hospitals …
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Posted on 22/01/2022

Maktoum bin Mohammed meets Singapore senior minister at Expo 2020 Dubai

Dubai: , Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, met on Saturday Teo Chee Hean, Singapore’s Senior …
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Posted on 22/01/2022

UAE: Workers hit Dh25 million jackpot after pooling in money to participate in draws

One such man is Haridasan Moothattil Vasunni, who hit the Dh25-million jackpot at the Big Ticket draw this month. Haridasan pooled in money to buy tickets to the draw along with his group of 14 Indian …
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Posted on 22/01/2022

Deem Finance and Mastercard introduce Limited Edition World Credit Card to Celebrate UAE’s Year of the 50th

Deem Finance and Mastercard have announced the launch of a one-of-its-kind Golden Jubilee Limited Edition World Cashbac …
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Posted on 21/01/2022

UAE bourses end higher on financial, telecom boost

Stock markets in the United Arab Emirates (UAE) closed in the green on Friday, with Dubai’s index buoyed by the financial sector and Abu Dhabi’s riding on the back of telecom gains.
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Posted on 21/01/2022

Saudi Money Is Back in UAE Just in Time for Dubai’s IPO Bonanza

Intensifying competition with the United Arab Emirates hasn’t stopped Saudi investors from pouring cash into Abu Dhabi’s listing boom, with Dubai’s anticipated deals also in their sights.Most Read …
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Posted on 21/01/2022

UAE, Turkey to sign new agreements during President Erdogan’s upcoming visit, Turkish Parliament Speaker says

The UAE and Turkey are expected to sign new agreements and “renew previous commitments” during the forthcoming visit of Turkish President Recep Tayyip Erdogan to the UAE next month, a senior Turkish …
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