Dubai: The UAE’s banking sector’s total assets increased by 1 per cent quarter-on-quarter to Dh3.2 trillion by end June, according to the Central Bank. In the 12 months to June, total assets of banks …
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Time-defying ties that bind: Meet Punit Vasu of Indian High School and family in the UAE
Mahendra Kumar Vasu and son Punit on how they became part of the UAE success story Dubai: How often do you come across service professionals living in the UAE for generations? Usually, post-retirement …
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UPDATE 1-UAE’s Emirates Global Aluminium considering IPO in 2022 – sources
Emirates Global Aluminium (EGA) is weighing a potential initial public offering next year, sources said, in what could be one of the biggest share sales in the United Arab Emirates in recent years.
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Global edtech leader upGrad seeks to upskill 25 per cent of UAE’s working professionals
Global edtech leader upGrad is aligned with the UAE’s visionary initiatives such as National Talent Agenda that will bridge the talent gap. Upskilling and reskilling talent may be the only pathways to …
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UAE leaders review new edition of national strategic projects
UAE is looking forward to delivering a brighter future where human capital lies at the heart of all economic and developmental plans …
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UAE’s Emirates Global Aluminium considering IPO for H1 2022 -sources
Emirates Global Aluminium (EGA) is weighing a potential initial public offering next year, sources said, in what could be one of the biggest share sales in the United Arab Emirates in recent years. By …
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Windfall awaits NRIs as Indian government monetises assets
The government has amended the foreign exchange management rules to increase the limit on foreign direct investment in the insurance sector to 74% from the current 49%. India is expected to finalise …
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Small Cap Feast – SpectrumX Holdings; Yooma Wellness Inc; Southern Energy Corp; SigmaRoc; HydrogenOne Capital Growth; Egdon Resources and more…
What’s cooking in the IPO kitchen? SpectrumX Holdings, a leader in proprietary formulations of HOCL (Hypochlorous Acid), is expected to list on …
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Open a digital bank account for children in the UAE: How it works
For the first time, children as young as age 8 can open a digital bank account in the UAE. Many clients want to bank anywhere, anytime on whatever device., and to do itn a seamless and cost-effective, …
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UAE’s Emirates Global Aluminium considering IPO in 2022 – sources
Emirates Global Aluminium (EGA) is weighing a potential initial public offering next year, sources said, in what could be one of the biggest share sales in the United Arab Emirates in recent years.
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UAE’s Majid Al Futtaim secures $1.5bn sustainability-linked loan
UAE’s Majid Al Futtaim has signed its inaugural $1.5bn (Dhs5.51bn) sustainability-linked loan (SLL). The five-year loan is structured as a revolving credit facility (RCF) and is the largest corporate, …
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UPDATE 1-Senior UAE official meets Qatar’s emir in rare visit
A senior United Arab Emirates official held talks with Qatar’s emir in Doha on Thursday in the first such visit in four years following this year’s deal to end a bitter dispute. National Security …
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Ami Organics IPO opens September 1, fresh issue of shares reduced; firm’s 2nd attempt at public issue
Ami Organics, specialty chemicals maker, IPO will open for subscription next week on 1 September and close on 3 September.
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The Dubai-Based Mohammed Bin Rashid Innovation Fund Accelerator Program Enrolls Its Largest Cohort To Date
The latest MBRIF accelerator has chosen 13 UAE-based and 11 internationally located startups our of a total of 150 applicants.
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Hakluyt Opens New Office in Dubai
Hakluyt, the strategic advisory firm for businesses and investors, is delighted to announce that it has opened a new office in Dubai.
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Abu Dhabi conglomerate IHC eyes deals worth ‘a few billion dollars’, CEO says
IHC, now the most valuable company on the Abu Dhabi bourse with a market capitalisation of $72bln, is also considering a 2022 IPO for its majority-owned healthcare firm Pure Health …
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India’s Delhivery plans $1 billion IPO filing in October
Delhivery would add to a strong lineup of Indian startups that are ready to tap the IPO market in the coming months. Paytm, the country’s leader in digital payments, filed its pre …
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