A.R.M. Holding, the private investment firm and multi-focused economic enabler, announced today that 19 artworks from the A.R.M. Holding Art Collection were selected earlier this month to join Dubai …
( read original story …)
KLAIM announces first of its kind financing solution for medical claims in the UAE
Designed specifically for healthcare providers, this is the first ever solution of its kind in the entire MENA region …
( read original story …)
Economic revival boosts H1 revenues and profits of UAE banks
Dubai: All leading banks in the UAE have reported strong growth in both revenues and net profits in the first half of 2021, clearly pointing to a sustained revival in the economic conditions in the …
( read original story …)
UAE’s surging credit appetite points to solid economic revival
Credit demand outlook positive for the third quarter as economic recovery gains pace Dubai: Credit appetite in the UAE economy gained momentum in the second quarter and is expected to sustain the …
( read original story …)
UAE inks new deal to boost national industrial sector
The agreement offers financing for manufacturers, export and trade, loan guarantees, an overarching umbrella for startups, SMEs …
( read original story …)
Why Real Estate Investors Should Care About the Dole IPO
Companies that are headed to an initial public offering (IPO) in this day and age are often tech start-ups that are just a few years old. With the Dole IPO, you have not one but two companies that …
( read original story …)
Tatweer Misr, First Abu Dhabi Bank sign agreement to offer exclusive mortgage services
This partnership is in line with Tatweer Misr’s strategy to stimulate sales and facilitate the benefits of mortgage services, strengthening the overall purchasing power …
( read original story …)
Bank of Baroda celebrates 48 glorious years in the UAE
Bank of Baroda celebrated its 114th Foundation Day on July 20 and marked 48 years of glorious banking presence in the UAE …
( read original story …)
US Pension Plans Seek Discovery Pause In Tax Fraud Case
A group of U.S. pension plans asked a New York federal judge to stay expert discovery in a $2.1 billion fraud case brought by Denmark’s tax agency, urging for a pause ahead of upcoming developments in …
( read original story …)
Saudi Arabia’s Burgerizzr to begin IPO in August
Ruwaigh, says it is Saudi Arabia’s largest burger chain and has more than 80 outlets across the Kingdom. The company plans t …
( read original story …)
UAE schools teach financial wellness to students
Some schools in the UAE have started teaching their grades XI and XII students about financial wellness and management, a topic that is particularly relevant during the pandemic.The idea for the …
( read original story …)
ADB supports Dubai Islamic Bank Pakistan to expand trade finance in country
Trade and Supply Chain Finance Program (TSCFP) has signed an agreement with Dubai Islamic Bank Pakistan Limited (DIBPL) to support trade in Pakistan.
( read original story …)
Mena region to see more SPAC deals
SPAC is a company with no commercial operations that is formed strictly to raise capital through an initial public offering (IPO) for the purpose of …
( read original story …)
UAE Central Bank maintains base rate at 15 basis points after no change from US Fed
Dubai: The UAE Central Bank has maintained the base rate on the overnight deposit facility (ODF) at 15 basis points. This decision was taken following the US Federal Reserve’s announcement on …
( read original story …)
Dubai ride-hailing unicorn to merge with all-women SPAC to list in the US
Swvl, a Dubai-based ride-hailing company, has announced its plan to go public in the US through a merger deal with a special purpose acquisition company (SPAC), Queen’s Gambit Growth Capital. The …
( read original story …)
How Dubai-based GymNation is set to disrupt the regional fitness industry
Before GymNation, I was involved in private equity in the UK and had previously invested in UK-based budget operator Xercise4Less. The idea for GymNation came about when I relocated to Dubai to work …
( read original story …)
UAE Central Bank maintains Base Rate at 15 basis points
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 15 basis points, effective from today. This decision was taken following …
( read original story …)