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Tag: finance

Posted on 15/06/2021

Bank ABC, FAB ready $250m term loan for BankDhofar

Arab Banking Corporation (Bank ABC) said it had, along with First Abu Dhabi Bank (FAB), acted as joint co-ordinators, underwriters, initial mandated lead arrangers and bookrunners to arrange a $250 …
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Posted on 15/06/2021

Nasdaq Dubai welcomes listing of $750m bond by Emirates Development Bank

This is the second major listing on Nasdaq Dubai during the last seven days, pushing the total value of US dollar-denominated debt listings to $96.876 …
( read original story …)


Posted on 15/06/2021

Emirates Development Bank’s $750m bond lists on Nasdaq Dubai

Dubai: Emirates Development Bank, one of the pivotal players in the UAE’s industrial strategy, has listed its The five-year debt issue has been priced at a yield of 1.63 per cent and was four times …
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Posted on 15/06/2021

GB News launch gains more viewers than BBC or Sky news channels

Proud to be British’ new channel has backers including US Discovery and a Dubai-based fund …
( read original story …)


Posted on 15/06/2021

UAE markets up, Bitcoin crosses 40,000 barrier

Property, banking and financial sector shares offer support to benchmark indices in Abu Dhabi and Dubai markets …
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Posted on 14/06/2021

Dubai plane leasing firm DAE adds more banks to second bond deal this year

Dubai Aerospace Enterprise (DAE), one of the world’s biggest aircraft leasing companies, has added more banks to its planned sale of US dollar-denominated …
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Posted on 14/06/2021

DFF launches report on cyber risk in finance

Dubai Future Foundation (DFF), in partnership with the Future Foresight and Decision-Making Support Center at Dubai Police, has launched its latest …
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Posted on 14/06/2021

UAE: How much cash should I hold and the dangers of holding too much

UAE: Bitcoin prices are dropping again. Should I hold off on selling? Dubai: While it’s often viewed as the ‘safe’ option, there are potential dangers in holding too much or not enough cash in hand.
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Posted on 14/06/2021

Abu Dhabi digital bank AI Maryah Community appoints its first Board of Directors

Dubai: The AI Maryah Community Bank, Abu Dhabi’s digital bank in the making, has set up its first board of directors Tariq Ahmed AI Masaood as Chairman and Omar Abdulla AI Zaabi as Vice-Chairman. The …
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Posted on 14/06/2021

Dubai Future Foundation Launch Report On Cyber Risk Scenarios In Banking And Finance

Dubai Future Foundation (DFF), in partnership with the Future Foresight and Decision-Making Support Center at Dubai Police, launched its latest report t …
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Posted on 14/06/2021

UAE’s ADQ mulls $500mln investment in Flipkart

Abu Dhabi state-owned ADQ is in talks to invest $500 million in Flipkart, the Indian e-commerce firm which is seeking to raise funds ahead of a potential initial public offering (IPO). Talks are …
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Posted on 14/06/2021

Dubai’s Emirates NBD wants UAE’s young to read up on financial literacy

Emirates NBD collaborates with UAE schools to expand its financial education programme Dubai: Emirates NBD certainly believes in preparing the young for their futures – the Dubai bank has launched a …
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Posted on 14/06/2021

Dubai Islamic Bank hires banks for five-year dollar sukuk – document

Dubai Islamic Bank has hired banks to arrange an offering of U.S. dollar-denominated five-year sukuk, or Islamic bonds, a document showed on Monday. Bank ABC, Dubai Islamic Bank DISB.DU, Emirates NBD …
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Posted on 14/06/2021

UAE’s ADQ to invest $500 million in Flipkart

Flipkart is seeking to raise at least $3 billion and could decide to increase the amount to as much as $3.75 billion, as investors have shown significant interest.ADQ, formerly Abu Dhabi Development …
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Posted on 13/06/2021

Abu Dhabi’s ADQ in talks to invest $500 million in Flipkart

Flipkart is seeking to raise at least $3 and could decide to increase it to 3.75b Dubai: Abu Dhabi sovereign fund ADQ is in talks to invest about $500 million in India’s Flipkart, according to people …
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Posted on 13/06/2021

Infographic: World’s largest electric aircraft order

Vertical also announces plans for an IPO on the New York Stock Exchange through a merger …
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Posted on 13/06/2021

UAE Participates in the Finance and Investment Committee of the Saudi-Emirati Coordination Council’s First Meeting

The UAE, represented by the Ministry of Finance (MoF), participated today in the first meeting of the Finance and Investment Committee of the Saudi-Emir …
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