Tag: finance

Ammar Al Malik is the managing director of Dubai Internet City The boom in tech firms either floating on stock markets or …
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Equity and equity-related issuance in the MENA region totaled $267.7 million during the first quarter of 2021, a 67 percent decline in proceeds from 2020 and the lowest start to the year since 2011, …
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Sustainable loans in UAE are also the first green mortgages issued by HSBC globally Dubai: HSBC has issued the first green mortgages in the UAE, heralding a significant moment for the country’s …
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Courts has acquired the qualified electronic seal solution Ethaq, a paperless initiative that enables digital authenticity of documents with the support of UAE PASS, the secure national digital …
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IPO could value Adnoc’s drilling business up to about $10 billion Dubai: Abu Dhabi National Oil Co. is close to hiring JPMorgan Chase & Co. and First Abu Dhabi Bank PJSC to help arrange the potential …
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Swedish FinTech Trustly Group is scrapping plans to raise an estimated $950 million in an initial public offering (IPO) following a review by regulators.
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The U.K.’s financial regulator handed down its first penalty over the Cum-Ex tax scandal, fining a broker 178,000 pounds ($248,000) for failings regarding its relationship with hedge-fund manager …
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Qatar’s finance minister was being questioned over alleged abuse of power and misuse of public funds in the energy-rich state after the attorney general ordered him arrested, state-run media reported …
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“at-above-post addthis_tool” data-url=” (Reuters) -Qatar Finance Minister Ali Sherif al-Emadi was arrested for questioning over allegations of embezzlement, abuse of power and crimes related to the …
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Qatar’s public prosecutor has ordered the arrest of the finance minister, state-run media reported Thursday, to question him over alleged abuse of power and misuse of public funds in the energy-rich …
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Dubai’s largest bank Emirates NBD on Thursday said its certain online services would not be available next week due to maintenance. According to a statement sent out to its customers in the UAE, there …
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The platform is expected to help Mashreq respond more efficiently to the funding needs of local businesses and address capital diversification too.
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Banks in the UAE offer personal loans based on two types of interest rates — flat rates and reducing rates. The interest and sum payable on a loan is calculated at the start of the repayment schedule …
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Steel tycoon’s GFG Alliance strikes Australian rescue deal with Californian lender, whose British arm “cuts red tape” …
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Bank resolved the issue after Gulf News’ intervention …
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Middle Eastern national oils are heading to increased asset monetization, partly to reap the financial rewards of entering financial markets, locking in demand regions or to mitigate energy transition …
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The Central Bank of the UAE (CBUAE) is collaborating with SWIFT on an initiative to enhance the speed and transparency of cross-border payments. The CBUAE will be the first central bank globally to …
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