Tag: finance

A year ago, total assets of banks in the UAE increased by 7.6 per cent year-on-year at the end of September 2020, and two per cent quarter-on-quarter …
( read original story …)

---

Dubai: The Abu Dhabi National Oil Company subsidiary ADNOC Drilling has landed a major US investor for its IPO, with the contract drilling company Helmreich & Payne to invest Dh367 million in the …
( read original story …)

---

The second cohort of the three-month financial literacy programme, taught by specialised volunteers, focused on managing finances more efficiently, understanding the basics of money matters and explor …
( read original story …)

---

The cornerstone investment by H&P will be at the IPO price and is subject to a three-year Dubai: US contract oil and gas driller Helmerich & Payne (H&P) will invest $100 million in the initial public …
( read original story …)

---

U.S. contract oil and gas driller Helmerich & Payne (H&P) will invest $100 million in the initial public offering (IPO) of Abu Dhabi National Oil Company’s drilling unit, the companies said in a joint …
( read original story …)

---

Dubai’s biggest lender Emirates NBD saw a 17 percent increase in the value of funds in its digital money transfer platform in the first eight months of 2021, compared to the same period last year. In …
( read original story …)

---

First Abu Dhabi Bank (FAB) appoints Martin Tricaud as Group Head of its Investment Banking Group and Futoon Almazrouei as Group Head of Consumer Banking Group UAE, as the UAE’s largest bank continues …
( read original story …)

---

Pearl Petroleum Co, a consortium led by the UAE’s Dana Gas and Crescent Petroleum, has raised $250 million (Dh917.5 million) in financing from the US International Development Finance Corporation (DFC …
( read original story …)

---

Pearl Petroleum Co. Ltd., the consortium led by the UAE-based energy firms Dana Gas and Crescent Petroleum, has signed a $250 million financing agreement with the US International Development Finance …
( read original story …)

---

DUBAI – First Abu Dhabi Bank, the United Arab Emirates’ largest lender, has hired Martin Tricaud as head of investment banking, sources said. Tricaud was previously chief executive officer for the …
( read original story …)

---

The platform will bring together top professionals and C-level executives from the industry to examine how technology is reimagining Banking innovation for 2021 and beyond. Dubai – September 02, 2021: …
( read original story …)

---

First Abu Dhabi Bank’s head of corporate finance, Andy Cairns, is leaving United Arab Emirates’ biggest lender, a source close to the matter said. DUBAI, Sept 7 (Reuters) – First Abu Dhabi Bank’s FAB.
( read original story …)

---

The Middle East IPO market has suddenly come alive with a clutch of listings that are set to raise billions of dollars, with Abu Dhabi starting to catch up with regional leader Riyadh. The listings in …
( read original story …)

---

Subsidiarity of banking system and digitalisation boost in the banking sector is the need of the hour, say experts assembled at Finnovex Middle East 2021 in Dubai. Reach and relevance are the golden …
( read original story …)

---

UAE-based financial institution Mashreq Bank has inaugurated its representative office in Shanghai amid a strategic move to expand its presence in China. The Shanghai office will serve as a liaison …
( read original story …)

---

DUBAI — “Great Place to Work”, the global authority on workplace culture, ranks Dubai Customs among the top 10 Best Workplaces in the Middle East 2021. In the largest collection of employee …
( read original story …)

---

Dubai Police blocked 8,000 phone numbers used by fraudsters last year Dubai Police urged community members to be cautious of phone scams and remember that banks won’t ask for passcodes or personal …
( read original story …)

---