Dubai-based Shuaa Capital has secured a $160m loan to help finance its acquisition of Allianz Marine and Logistics Services Holding. The seven-year facility has been agreed with the National Bank of …
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The UAE raises Dh1.5b in second auction of Dh9b T-bond programme
The UAE on Monday raised Dh1.5 billion during the second auction of Dh9 billion treasury bonds programme and witnessed a strong demand through the six primary bank dealers. In a statement on Monday, …
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TECOM Group’s 10 Business Districts across Dubai Offer Advantages for Investors
Dubai’s Tecom Group, a member of the Dubai Holding group, opened on Thursday 16 June 2022, an initial public offering (IPO), listing part of its ordinary shares for trading on the Dubai Financial …
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Mike Tetreault gives Dubai investors big returns in US real estate market
The US real estate market may currently seem like a headache to foreign investors with things like limited inventory, rising interest rates, chaotic bidding wars, …
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UAE banking on NPA to bungle Gupta case – Open Secrets
The state capture commission has found the family to be at the centre of state capture with billions taken out of this country- siphoned off from our parastals.
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Ministry of Finance Announces 2nd Auction of Federal Treasury Bonds
The second auction is part of the AED 9 billion T-Bonds issuance program for 2022. Bonds amounting to AED 750 million will be offered for a two-year tranche, and AED 750 million for a three years …
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‘UAE is banking on Batohi and her team to bungle Gupta case’ – Open Secrets
Director of Open Secrets, Hennie van Vuuren, talks about the Gupta brother’s arrest and the UAE judicial system.
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Emirates Development Bank To Showcase Its Industrial Impact At The Make It In The Emirates Forum
Emirates Development Bank (EDB), will be participating in the first Make it in the Emirates Forum on June 21-22 at ADNOC Business Cen …
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Emirates Development Bank To Showcase Industrial Impact At ‘Make It In The Emirates Forum’
ABU DHABI, 19th June, 2022 (WAM) — Emirates Development Bank (EDB) will be participating in the first ‘Make it in the Emirates Forum’ held on …
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UAE announces second auction of $408m treasury bonds
In its capacity as the issuer, the UAE Ministry of Finance (MoF) has announced that the second auction of federal treasury bonds (T-Bonds) will be held on June 20, with an auction size of AED1.5 …
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Arab Bank “Best Bank in the Middle East 2022”
Arab Bank has recently received the “Best Bank in the Middle East 2022” award by New York-based international publication “Global Finance”, for the seventh year in a row. This global recognition came …
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Crypto hedge fund Three Arrows looks at potential insolvency after liquidations: The Block
Cryptocurrency hedge fund Three Arrows Capital has incurred at least $400M in liquidations in a move that could lead to potential insolvency, according to three people familiar …
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UAE to hold second auction of dirham treasury bonds on June 20
The UAE Ministry of Finance announced that the second auction of federal treasury bonds will be held on June 20, as the government continues to strengthen liquidity in the secondary market. The …
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UAE Ministry of Finance goes for second Dh1.5b Treasury Bond auction
The second auction is part of the Dh9b T-Bonds issuance program for 2022 Dubai: The UAE Ministry of Finance is launching a second dirham-denominated treasury bond auction, offering Dh1.5 billion …
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Ministry of Finance announces the second auction of federal treasury bonds
The second auction is part of the AED 9 billion T-Bonds issuance program for 2022; Bonds amounting to AED 750 million will be offered for a two-year tranche, and AED 750 million f …
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UAE: Lending money to a friend? Beware of this rule
Law stipulates financial penalties, jail when a ‘natural person’ lends money on interest Dubai: Want to borrow money from a friend when you are in a pinch? Or planning to lend out money that you may …
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UAE: Lending money to a friend? You can’t charge interest
Law stipulates financial penalties, jail when a ‘natural person’ lends money on interest Dubai: Want to borrow money from a friend when you are in a pinch? Or planning to lend out money that you may …
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