Tag: finance

As the country’s new labour law goes into effect on February, some ambiguities remain amid the wait for executive regulation clarification Here’s how the new UAE labour law will effect annual leave, …
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The UAE will be a key driver of the global trade growth this decade, with its exports projected to grow at an average annual rate of more than 6 per cent to cross AED1.1 trillion ($299 billion) by …
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FAB, the UAE’s largest publicly traded bank, is set to seize such opportunities. The bank, which has a market cap of Dh225 billion, reached a historic milestone when its total assets surpassed Dh1 …
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The Middle East saw a boom in IPOs last year, with Abu Dhabi joining the rush as governments in the region seek to diversify their economies away from oil and reinvigorate their capital markets …
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Apart from 5G, data hubs could soon start providing more strength to du numbers The UAE as a global trade, tourist, and banking powerhouse was significantly hit by pandemic-induced market factors.
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Arab Bank Group closed 2021 reporting net income after tax of $314.5 million as compared to $195.3 million in 2020, recording a growth of 61%. Group equity grew to reach $10.3 billion. The Board of …
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The nations normalized relations in the fall of 2020, part of a series of U.S.-brokered diplomatic deals between Israel and Arab states.
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The Banadir regional court today issued further restrictions on $9.6 million seized by security forces… Sii akhri …
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FocusEconomics panelists forecast the UAE GDP to expand 4.5 per cent in 2022, which is up 0.1 percentage points from December 2021 forecast, and 3.7 per cent in …
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Saudi Arabian digital security firm Elm is set to raise 3.07 billion riyals (US$818 million) after pricing its initial public offering at the top of its indicative price range. Elm, owned by the …
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Company is set to raise 3.07 billion riyals ($818 million) after pricing its IPO Dubai: Saudi Arabian digital security firm Elm is set to raise 3.07 billion riyals ($818 million) after pricing its …
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Saudi Arabian digital security firm Elm is set to raise 3.07 billion riyals ($818 million) after pricing its initial public offering at the top of its indicative price range.
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Sunset Hospitality Group plans continued aggressive growth throughout 2022 by increasing its portfolio to over 50 operating venues Dubai hospitality major eyes European growth as it targets new …
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Vedant Fashions limited is all set to open for its initial public offering (IPO) next week.Vedant Fashions Limited, which owns the popular ethnic wear brand Manyavar, aims to raise ₹3,149.19 crore fro …
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Vedant Fashions, which owns ethnic wear brand Manyavar, will launch its initial public offering (IPO) next week on February 4. This would be the third public offer of this year after AGS Transact …
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Heather Cornelius says her husband Ryan has already spent 13 years in a cell the size of a shipping container with five other inmates following a minor banking fraud.
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Royal UAE jet landed at Adan Cade international airport. According to the reports at the time, the royal private jet did not notify its cash cargo to the Mogadishu Airport Authority, nor did it make …
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