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Tag: finance

Posted on 17/02/2022

Cover story: Why the chairman of UAE’s Century Financial feels a people-centric approach is a game changer

The key to a strong relationship with investors is offering them best-in-class support, explains the company’s CEO and chairman Bal Krishen.
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Posted on 17/02/2022

Cover story: Why the chairman of UAE’s Century Financial feels that a people-centric approach is a gamechanger

Walking around the elegant banquet room – at V Hotel in Dubai – where the event is … The asset management arm just launched its first hedge fund, aimed at serving professional clients …
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Posted on 17/02/2022

Grapefruit USA, Inc. Announces Term Sheet with Dubai-Based Lender to Build GPFT ‘Mothership’

United Arab Emirates, to finance development of its 2-acre lot in the Coachillin’ Canna-Business Park in Desert Hot Springs, California, located just North of Palm Springs. The process now moves …
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Posted on 16/02/2022

DIFC drives Dubai’s next phase of growth

Dubai has won many global accolades for handling the pandemic and its impact by setting a precedent of building a robust economy simultaneously. The proof of it was evident on Wednesday when Dubai …
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Posted on 16/02/2022

Zenfinex Has Recruited Michel Chabbouh as CEO MENA to Head Its UAE operations

He will head the company’s UAE-based operations as the new CEO MENA. In a recent press release shared with Finance Magnates, Michel Chabbouh, a veteran senior executive with more than fourteen years …
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Posted on 16/02/2022

UAE’s ADNOC and Borealis plan to IPO minority stake in Borouge

Abu Dhabi National Oil Company (ADNOC) and Austria’s Borealis AG are considering a potential IPO of a minority stake in their joint venture plastics business Borouge, the state oil company said in a …
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Posted on 16/02/2022

Ministry of Finance organises ‘MoF Innovates 2022

As part of its participation in the UAE Innovation Month 2022, and reiterating its excellence in supporting innovation and innovators, the Ministry of Finance (MoF) will organise a programme under the …
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Posted on 16/02/2022

ADNOC, Borealis hiring banks for IPO of plastics joint venture

The largest oil producer in the UAE and its Austrian chemicals partner … Borealis said on Tuesday they’re considering an initial public offering of a minority stake in the business.
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Posted on 15/02/2022

FAQs answered: 2022 guide to buying better stocks, forex, gold, cryptocurrencies

Image Credit: Supplied Dubai: Whether you want to invest for … top cryptocurrencies in terms of investment from the big hedge funds and ETFs. As for the region, the UAE and Bahrain will continue …
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Posted on 15/02/2022

UAE’s robotics start-up Micropolis raises $4m to fuel growth

Dubai-based robotics and autonomous technology start-up Micropolis … It will be used to accelerate commercial production capability, improve research and development activities and finance new …
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Posted on 15/02/2022

World of Web3 Week (WOW) Set to Taking Place on March 12th-18th in Dubai

The speakers include Dr. Marwan Al Zarouni (CEO Blockchain Center UAE), Hoda A.Alkhzaimi (President at Emirates Digital Association for Women), Saeed Aldarmaki (Founder of Sheesha Finance and …
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Posted on 15/02/2022

UAE Digital Bank Zand Wins Franklin, Aditya Birla Backing

Zand, a digital bank helmed by Dubai businessman Mohamed Alabbar, has won the backing of investors such as Franklin Templeton and Aditya Birla Group as it seeks to seize on opportunities thrown up by …
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Posted on 15/02/2022

Empower posts 9.3% revenue growth, plans IPO by Q4

Ahmad bin Shafar, CEO of Empower, said the IPO listing on the Dubai Financial Market is part of Dubai’s efforts to strengthen its stock market and attract more listings amid a growing appetite for …
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Posted on 15/02/2022

ADNOC and Borealis consider IPO for plastics joint venture

DUBAI, Feb 15 (Reuters) – Abu Dhabi National Oil Company (ADNOC) and Austria’s Borealis AG are considering a potential initial public offering (IPO) of their joint venture plastics business Borouge.
( read original story …)


Posted on 15/02/2022

Another ADNOC joint venture – Borouge – could be heading for an IPO

Borealis and ADNOC are JV partners in Abu Dhabi headquartered Borouge Dubai: Another ADNOC subsidiary could soon be heading for an IPO. The Abu Dhabi energy giant along with Borealis is mulling …
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Posted on 15/02/2022

UAE’s digital bank Zand receives fresh funding

in the United Arab Emirates is “imminent,” according to the statement. It didn’t provide financial details of investments. Digital banks have taken off with the spread of finance technology in Middle …
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Posted on 15/02/2022

Turkey’s flag flies high as Erdogan’s Dubai trip marks reset

which positions itself as the UAE’s globally alluring tourism and finance hub. Erdogan was greeted by Dubai ruler and UAE Prime Minister Sheikh Mohammed bin Rashid Al Maktoum at the emirate’s …
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