The international reserves of the UAE banking system have grown by Dh12.6 billion over three months, from November 2020 to January 2021, to Dh519 billion, the Central Bank of the UAE (CBUAE) has …
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Singapore and Dubai: The future of private banking
Outwardly different, Singapore and Dubai have transformed themselves into international wealth management hubs, overseen by clear-minded regulators. They are now starting to compete for business with …
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Announcement of Intention to Float on the Dubai Financial Market
Tristar Transport (PJSC – under incorporation) (“Tristar” or the “Company” or, with its subsidiaries and subsidiary undertakings, the “Group”), a leading global integrated liquid logistics solutions …
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Dubai Eyes Its Second IPO in Three Years With Tristar Listing
Middle Eastern logistics firm Tristar Transport is looking to raise between $120 million and $160 million in an initial public offering in Dubai next month, in what would be only the financial hub’s …
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DeFi Goes Mainstream: B26 Finance Becomes Official Sponsor for the Falcons, Dubai’s Basketball Team
PRESS RELEASE. B26 Finance, the world’s first blockchain-based self-banking service, has recently been released to the world. Being a relatively new …
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DFM shareholders approve financial statements for 2020
Shareholders of the Dubai Financial Market Company (DFM) have approved the Balance Sheet for the financial year ending 31 December 2020, during the Company’s Annual General Meeting held on Monday.
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Barbeque Nation IPO to open on Wednesday; sets price band at Rs 498-500 per share
Barbeque Nation Hospitality is backed by private equity investor CX Partners and the “big bull” Rakesh Jhunjhunwala’s investment firm Alchemy Capital.
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Hedge-Fund Trader’s $2 Billion Tax Trial Begins in London
Cum-Ex case against hedge-fund trader Sanjay Shah and his associates kicked off in London, just one week after he was charged in Germany.
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Dubai International Financial Centre (DIFC) Joins the World Alliance of International Financial Centers (WAIFC)
Dubai is a leading global financial center … Together we can make progress on areas such as FinTech, innovation, sustainable finance and developing digital economies. We can align our approaches …
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Barbeque Nation IPO open date: Top 10 things to know before investing your money
Casual dining restaurant chain Barbeque Nation is coming out with its Initial Public Offering (IPO). Barbeque Nation IPO open date is 24 March 2021 (Wednesday). The company was founded in 2006 and it …
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Barbeque Nation IPO: Check Subscription Dates, Initial Public Offering Size, Review, Listing
Barbeque Nation’s Initial Public Offering (IPO) will open for subscription on March 24 which is Wednesday. Barbeque Nation IPO will close for subscription on March 26 which is Friday.
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Business Live: Shares fall weighed by financials, rising COVID-19 cases; Barbeque Nation IPO to open on Wednesday
Barbeque Nation IPO to open on Wednesday; sets price band at Rs 498-500. Another IPO entry. PTI reports: “Casual dining chain Barbeque Nation Hospitality on Monday fixed a price b …
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Laxmi Organics IPO allotment status: Here’s how to check
The initial public offering or IPO share allocation of the Laxmi Organics will be finalised on Monday, March 22.
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International reserves increase Dhs12.6bn in UAE banking system during Nov-Jan
Cumulative balance of the country’s international reserves amounted to over Dhs519bn at the end of January 2021.
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UAE cbank foreign reserves hit $3.4bn in 3 months
The Central Bank of the UAE’s statistics revealed a net increase in the international reserves of the Emirati banking system of AED12.6 billion ($3.4 billion) over three months, from November …
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Moghalu, other global leaders to speak at Cybertech Conference in Dubai
Professor Kingsley Moghalu, a 2019 presidential candidate and Central Bank of Nigeria (CBN) Deputy Governor (2009-2014), will be a …
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HSBC buys key Lloyds banking units in UAE
HSBC, Europe’s largest bank, is buying the onshore retail, corporate and commercial banking business of Lloyds Banking Group in the United Arab Emirates, to strengthen its Middle East presence. HSBC …
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