The carrier has internally started the process for an offering and appointed Saudi Fransi Bank. . No planned date for Nasair IPO . Airlines …
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Dubai Islamic Bank increases foreign ownership to 40%
DIB is the latest financial institution in the UAE to join leading other banks, including First Abu Dhabi Bank and Emirates NBD, in raising the FOL from 2019 …
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Saudi-UAE Spat Is Not Over Despite OPEC+ Deal
The surprise resistance of the United Arab Emirates during the OPEC+ negotiations last month caught the oil market off guard, but the UAE-Saudi rift wasn’t much of a surprise to experts who have been …
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HID delivers secure mobile biometric authentication to Al Ain Finance
HID Global has been selected by Al Ain Finance to supply its cloud-based HID Authentication Service and HID Approve mobile-based biometric authentication app.
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Saudi food major Tanmiah lists after IPO raises $107m
Tanmiah sells its products primarily in Saudi Arabia as well as the UAE, Bahrain, Lebanon, Oman, Jordan and Kuwait …
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DIB increases foreign ownership to 40 per cent
Following all regulatory approvals received from UAE Central Bank and the Securities and Commodities Authority (SCA), Dubai Islamic Bank (DIB) on Thursday, …
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Five things you should know before investing in Policybazaar IPO
The company, which currently has operations in Dubai through a subsidiary, plans to scale up its operations in the broader Gulf Cooperation Council region.
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UAE investors are shifting their investments amid global inflation concerns: Positive news for the economy
One in two investors globally, including the UAE, to adjust investments for inflation Dubai: Switzerland-based global financial service provider UBS revealed that almost one in every two investors …
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Dubai Investments eyes healthcare, education growth after profits surge
The CEO of Dubai Investments said on Thursday that the company is looking to expand further into healthcare and education as it posted a surge in net profit for the first six months of 2021. The …
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UAE: The bank charged me Dh75 plus VAT twice for issuing a bank statement, no option to cancel
Bank reversed the charges after Gulf News’ intervention …
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I came to Dubai on a cargo ship, made a fortune and retired at 42: Indian expat
I hopped on a cargo ship from India to come to the UAE to be with my father. It was in the late 1960s. I’d come with a pocket full of dreams and five decades later I am cherishing success at all …
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Abu Dhabi Investment Office adds two specialist finance firms to its Dh2b Innovation Programme
Dubai: Abu Dhabi Investment Office (ADIO) has enlisted two more companies – Florin Court Capital and Tribe Infrastructure Group – into Dh2 billion Innovation Programme. This will help both financial …
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UAE, Bahrain, Qatar and India removed from UK’s travel red list
These countries will be added to the UK’s amber list, with the changes coming into force from 4am on Sunday, August 8 …
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Mere savings didn’t help these UAE parents fund their children’s tuition, investing did
UAE parents, experts tip on how to save, budget and invest better for your child’s studies Dubai: UAE parents plan their children’s education costs well before they start school, but the cost of …
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Mubadala Capital’s SPAC’s IPO raises $200m
Blue Whale Acquisition Corp I, a new special purpose acquisition company (SPAC) formed by Abu Dhabi’s Mubadala Capital, announced on Wednesday that it raised $200 million by offering 20 million units …
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Mubadala Capital’s Blue Whale Acquisition Corp I Announces Pricing of $200 Million Initial Public Offering
Blue Whale Acquisition Corp I (the “Company”) announced today the pricing on August 3, 2021 of its initial public offering of 20,000,000 …
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UAE is committed to double the size of digital economy in 10 years, top official says
Around 80 per cent of digital payments are already contactless, said Saqr bin Ghalib, Director of the Artificial Intelligence, Prime Minister’s …
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