Tag: finance

The new 24-hour news channel revealed Legatum and Sir Paul Marshall, founder of hedge fund Marshall Wace, have become its latest investors.
( read original story …)

---

The UAE has led the world in setting an international regulatory framework governing Islamic finance, according to a report by Global Finance Magazine. The report focused on the impact of the …
( read original story …)

---

Business activity in the Arab world’s two largest economies improved at the end of last year, with Saudi Arabia seeing its strongest expansion in 13 months.
( read original story …)

---

Major Gulf stock markets finished higher on Monday amid a surge in oil prices, with Dubai outperforming the region, led by property and banking stocks. Jan 4 (Reuters) – Major Gulf stock markets …
( read original story …)

---

An Emirati trader checks the stocks of Emaar Malls on the screen at the Dubai Financial Market in United Arab Emirates (AP). Major Gulf stock markets finished higher on Monday amid a surge in oil …
( read original story …)

---

The Dubai Police prevented the loss of billions of dirhams with the arrest of 97 “dangerous criminals” in 2020, the force has said. According to the Criminal Investigation Department’s statistical …
( read original story …)

---

Finance Magnates examines November data. When Russian forex traders deposit most often, the greatest sum of money came from the United Arab Emirates.
( read original story …)

---

Companies now realize they can get better valuation on the stock market than in the private market,’ says TASE official after a record year for IPOs.
( read original story …)

---

The problem started when the cheques I signed on behalf of the company bounced. In 2018, I was arrested for the bounced cheque cases. I was released in October 2020, but was arrested again on November …
( read original story …)

---

The total amount of mortgage loans provided by Saudi banks increased to SR15.27 billion ($4.07 billion) in November 2020, up 79 percent compared to the same month in 2019, according to the Saudi …
( read original story …)

---

JMR’s Genie de Banca digital platform will enable banks and financial institutions to automate and digitise their lending departments, develop new revenue channels, and present their customers with …
( read original story …)

---

The kingdom’s hot IPO market is set to continue rolling out companies primed … This brave spirit is perfectly epitomised in the launch of the Nasdaq Dubai Growth Market by His Highness Sheikh Hamdan …
( read original story …)

---

Emergency corporate fundraising and a clamour for tech stock market listings pushed equity capital market volumes to over $1 trillion in 2020 and fees for investment bankers in the sector to a record …
( read original story …)

---

During the IPO period of 15 business days, the Fund has attracted more than 89,000 individuals and institutional investors, with a net subscription value of $126.08mln, as the coverage ratio exceeded …
( read original story …)

---

Dubai: The High Criminal Court of Bahrain found the Iran-owned Future Bank, five of its officials and several Iranian banks guilty of money laundering, Bahrain News Agency (BNA) reported. The bank …
( read original story …)

---

The UAE banks are expected to face a much lesser volatile operating environment in 2021 compared to last year, however, the lingering impact from 2020 will continue to pressure profits and asset …
( read original story …)

---

So should you then look at healthcare bonds, invest in gold, begin exploring alternatives such as cryptocurrencies? Historically, real estate has demonstrated an enduring appeal. When calamity strikes …
( read original story …)

---