The United Arab Emirates named new members of the board of its central bank including two vice chairmen in a decree issued on Saturday, state news agency …
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UAE- Buy and invest in gold: Here’s what you should know
Suneeti Ahuja Kohli Suneeti Ahuja-Kohli has been in Dubai long enough to call it her … For now, she writes frequently on personal finance, retirement planning, business news and features …
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UAE appoints new central bank board members -WAM
The United Arab Emirates named new members of the board of its central bank including two vice chairmen in a decree issued on Saturday, state news agency WAM reported. Abdulrahman Saleh Al Saleh and …
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The UAE pours billions into Indonesia’s sovereign wealth fund
The United Arab Emirates will invest $10bn in Indonesia’s new sovereign wealth fund (INA) to be spent on projects inside Southeast Asia’s biggest economy, including toll roads …
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Sheikh Mansour to head UAE Central Bank board of directors
The President, His Highness Sheikh Khalifa bin Zayed Al Nahyan, on Saturday issued a federal decree to reconstitute the board of directors of the Central Bank of the UAE. The board will be headed by …
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Dubai: Learning from experience – Leading by example
What they don’t talk about enough is that fact that UAE is ranked amongst the top 20 countries in The World Bank’s 2020 Doing Business Report and it employs the most effective investor friendly legal …
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UAE’s Oil Giant Looks To List Drilling Business In Local IPO
setting an IPO offer price that valued the unit at US$8.5 billion. Last year, after oil prices crashed and OPEC+, including the UAE, had to curtail massive production volumes to rebalance the …
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Abu Dhabi oil giant ADNOC considers IPO of drilling business – sources
DUBAI- Abu Dhabi National Oil Company (ADNOC … ADNOC has held discussions with banks over the potential initial public offering (IPO), said the sources, who declined to be named as the matter is not …
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MoF organises a workshop on collecting UAE Government Finance Statistics
This is in line with the ministry’s efforts to strengthen financial management federally, support the development process, and achieve financial stability …
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UAE Central Bank launches intraday liquidity facility
The Central Bank of the UAE (CBUAE) on Thursday announced a new liquidity management facility (ILF), which will be introduced as part of the implementation plan of the new Dirham Monetary Framework.
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Commercial Bank of Dubai wins three awards at the fourth edition of Transformers Awards
Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, has won three awards at the fourth edition of the Middle East and Africa Banking Resilience and Transformation Conference. CBD’s …
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Emirates NBD to sell controlling interest in Dubai Bank to Abu Dhabi-based Eradah Capital
Emirates NBD is to sell a major stake in Dubai Bank to Abu Dhabi-based private limited company Eradah Capital. A statement to the Dubai Financial Market (DFM) said: “Emirates NBD Bank (PJSC) confirms …
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This UAE Stock Is Up 70% in Three Weeks and Nobody Knows Why
“IHC isn’t any other company,” said Vijay Valecha, chief investment officer at Century Financial, a Dubai-based consultancy. “The shares aren’t for the faint-hearted, as any management …
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Saudi bourse restructures itself with eye on IPO in second half
Once completed, the reorganisation would make it the third publicly listed stock exchange in the Gulf after the Dubai Financial Market and Boursa Kuwait. The exchange hired HSBC Holdings in 2016 …
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Saudi Central Bank outlines COVID-19 strategy to IMF
When it comes to GCC, Saudi Arabia and the UAE are the shining lights — both having rolled out successful vaccination programs for their populations …
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Saudi bourse revamps corporate structure, targeting IPO in 2021
In March, Reuters reported that bourse has invited banks to pitch for its IPO. Sarah al-Suhaimi will chair the new group … That compares with about $18bn in the Dubai Financial Market PJSC, which …
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Saudi Exchange restructures into Saudi Tadawul Group ahead of targeted IPO
The reorganisation and upcoming IPO are part of the vision to place Kingdom’s financial markets among the world leaders …
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