“Ask Forgiveness, Not Permission” is not a book about investing. In fact, its subtitle is “The true story of a discreet, post 9/11 operation in the ‘badlands’ of Pakistan.” The reason I’m writing this …
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UAE: IPO pricing values Adnoc Drilling equity at $10 billion
Global oil giant, Abu Dhabi National Oil Company (Adnoc), announced on Monday that it has set the offer price per share for the initial public offering of Adnoc Drilling Company at Dh2.30, implying an …
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Standard Chartered executes first green trade finance facility in UAE
UAE’s Standard Chartered has executed its first green trade finance facility to support Amplus Energy Solutions, a subsidiary of Amplus Solar, in its solar generation business. Amplus Solar is a …
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UAE central bank issues new anti-money laundering guidance for banks
The United Arab Emirates central bank has issued new guidelines to financial institutions on anti-money laundering practices, it said on Monday, the latest of a number of measures launched by the Gulf …
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Emirates NBD Group, Expo 2020 Dubai and Mastercard launch new card programmes
The limited-edition cards are designed to enhance the Expo 2020 Dubai experience for both residents and visitors.
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Newgen to Participate in MEBIS Plus 2021 Event in Dubai
Newgen Software, a global provider of digital transformation platform, has announced that it is participating in the Middle East …
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Malaysia’s Petronas secures ‘green finance’ facility for UAE solar unit
Amplus Dubai – will use funds for new solar generation capacity Dubai: Standard Chartered has completed its first green trade finance facility to support Amplus Dubai, a subsidiary of Malaysian oil …
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ADNOC Drilling IPO offer price set at Dh2.30 a share – and a whopping $10b valuation
The Dh2.30 “offer price was determined by ADNOC, as the selling shareholder, and ADNOC Drilling, following investor engagement that saw significant strong initial demand indications from both local …
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ADNOC Drilling IPO price implies equity valuation of $10 billion
State oil giant Abu Dhabi National Oil Co (ADNOC) has set a price for the initial public offering of its drilling unit, giving ADNOC Drilling an equity valuation of $10 billion, it said on Monday.
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Looking to buy a cheaper house? Tips from UAE residents on how to finance the move
Should you send money via an exchange house or your bank? Dubai: Robert Pankhurst, a UAE-based British national, bought a two-bedroom apartment in Barsha Heights (Tecom) in Dubai. He signed the …
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Indian Fintech Signzy Enters UAE via Partnership with ‘Seed Group’
With Signzy bringing its most innovative products to the region and help in the automation of back-office business operations, the arrival feeds into the UAE Digital Government Strategy 2025.
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UAE based Medical Fintech Klaim Secures $1.6M via Pre-Series A Round
UAE-headquartered healthcare financing platform Klaim has reportedly acquired $1.6 million via a pre-Series A round.
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Bank deposits in the UAE rise to $521.37bln in July
Bank deposits in the UAE grew by 6.5 billion dirhams ($1.76 billion) in one month, fueled by a jump in resident and non-resident deposits. At the end of July 2021, total bank deposits in the country …
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Angola and UAE and prepare cooperation agreements
Several cooperation agreements between Angola and the United Arab Emirates (UAE) in the air, road, agriculture, mining, energy, and trade sectors should be signed this year, within the framework of …
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Middle East Newsletter: Israel Considers Fourth Coronavirus Shot
While most countries are still trying to finish inoculating their populations for the first time, Israel is already preparing for a second round of booster doses. The country is making efforts to …
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Stocks in Mideast Decline on Mounting Growth Concerns: Inside EM
Saudi Arabian stocks led decline in the Middle Eastern equities markets on Sunday triggered by concern over the strength of U.S. stock markets after the S&P 500 fell for five straight days. The extent …
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Higher education in UAE: Students make the most of their university experience
Current and former students discuss how they have charted a path to success Being a Computer Science student, I hoped to receive a role within my domain and with help from the university’s Career …
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