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Tag: finance

Posted on 08/07/2021

UPDATE 1-Mubadala’s Yahsat IPO draws investors, could raise $735 mln, sources say

Yahsat, the satellite company owned by Abu Dhabi’s Mubadala, has attracted strong demand for its initial public offering (IPO) in the middle of an indicative price range, potentially raising about …
( read original story …)


Posted on 08/07/2021

Expat woman, deceived by husband over bank loan, flies home, thanks to Dubai Police

Dubai Police’s Victim Support Section also rescues man who tried to commit suicide Dubai: Dubai Police have come to the assistance of an expatriate woman who was stuck in the UAE since 2014 owing to …
( read original story …)


Posted on 08/07/2021

Almost 90% of UAE brands changed customer experiences due to the pandemic, study shows

A recent survey showed that 87 per cent of UAE brands experimented with new marketing approaches during the Covid-19 pandemic …
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Posted on 08/07/2021

India’s food delivery portal Zomato aims for $8b IPO

Delhi: The Indian food delivery company Zomato’s IPO is priced at Rs72 to 76 per share, giving it a valuation of as much as $7.98 billion. Zomato, backed by China’s Ant Group and one of India’s most …
( read original story …)


Posted on 08/07/2021

Woman, deceived by husband over bank loan, flies home — thanks to Dubai Police

Dubai Police’s Victim Support Section also rescues man who tried to commit suicide Dubai: Dubai Police have come to the assistance of an expatriate woman who was stuck in the UAE since 2014 owing to …
( read original story …)


Posted on 08/07/2021

IPO Corner: From Zomato to Paytm and Delhivery, here’s what to look forward to in 2021

Here’s a look at highly-anticipated initial public offerings that will hit primary markets in the near future Primary markets are abuzz as two initial public offerings (IPOs) have launched this week …
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Posted on 08/07/2021

Need funds for your business? Here’s what you should know about crowdfunding

Dubai: Crowdfunding, like the word suggests, is when a ‘crowd’ funds a project or business, rather than one or two major investors. In other words, crowdfunding is when businesses, organisations or …
( read original story …)


Posted on 08/07/2021

UAE ranked world’s second safest country in 2021

The UAE has been ranked the second safest country among the world’s 134 countries in 2021 in a new report. The UAE’s top ranking can be attributed to its robust health sector and Covid-19 vaccination …
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Posted on 08/07/2021

Emirates Development Bank inks MoU with Mashreq for SME credit guarantee programmes

Mashreq is delighted to partner with Emirates Development Bank on this initiative, thus ensuring that the UAE’s key value chain drivers; its job-creating SMEs – are provided with better access …
( read original story …)


Posted on 08/07/2021

UAE Ranked as 2nd Safest Country in The World for 2021

The UAE has been ranked the second safest country among the world’s 134 countries in 2021 in The Global Finance magazine index.The index considers three fundamental factors – war and peace, personal …
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Posted on 08/07/2021

Consumer Optimism in Dubai Reaches Highest Level in 10 Years

The second quarter of 2021 saw consumer optimism in Dubai rising to its highest level since 2011, according to the quarterly Consumer Confidence Index of Dubai’s Department of Economic Development …
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Posted on 08/07/2021

Dubai International Finance Centre gives its Intellectual Property regulations more power

Dubai: The Dubai International Financial Centre (DIFC) has introduced new Intellectual Property (IP) Regulations with effect from July 5. This will “enhance and augment” the UAEs …
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Posted on 07/07/2021

Covid-19: New wave of GCC bank mergers gathering pace

The so-called second wave of bank mergers follows an earlier run of M&A in the region – seen most prominently in the UAE – triggered by the 2014 oil price slump, analysts at Oxford Business Group said …
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Posted on 07/07/2021

Safest countries 2021: UAE ranked 2nd in the world

Dubai: The UAE was ranked as the world’s second safest country in 2021, according to new data released by Global Finance on Wednesday. Global Finance’s safest countries index ranked 134 countries …
( read original story …)


Posted on 07/07/2021

UAE ranked the second safest country in the world

The UAE has been ranked the second safest country in the world after Iceland. And why not, the UAE has proven to deal with adverse situations. It tops among the places for women empowerment, where …
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Posted on 07/07/2021

Al Maryah Community Bank receives its final central bank approval

We would like to sincerely thank the UAE Central Bank and express our gratitude for their faith and trust in our community efforts and granting the banking license to Al Maryah …
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Posted on 07/07/2021

EDB partners with Mashreq Bank on Credit Guarantee Programs for SMEs in UAE

The MoU is part of EDB’s focus to enhance the contribution of SMEs to the country’s GDP Dubai: Emirates Development Bank (EDB), a key financial enabler of the country’s economic …
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