Zomato Ltd (NSE: ZOMATO) share price slips to 125.80 rupees a share on Wednesday () It clocked a 65.8% jump from its IPO price when it went public last week; Some anal …
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The Infinity Group: Alternative Financing Options Spark Opportunities for African Businesses
Companies in Africa are increasingly turning to alternative methods of securing financing to more quickly grow their operations as traditional commercial capital has …
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Interview: UAE steel industry prepares for Q4 slowdown amid Dubai Expo – Conares CEO
Faced with soft demand and an oversupplied market, the UAE steel industry is hard pressed to reach its pre-pandemic numbers this year, the CEO of Conares, the country’s second largest steel …
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More UAE companies now hiring Emiratis, say experts
More private sector companies in the UAE are looking to hire talented Emiratis, particularly in technology, finance, retail, auto, healthcare an …
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“Aafaq Islamic Finance” Gets Overwhelming Response At Promotional Platform During Eid Al-adha
Aafaq Islamic Finance’, a leading institution in the financial sector that provides financial products and services compliant with the provisions of Is …
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Dubai Islamic Bank posts H1 net Dh1.86 billion
Decline in costs and impairments continue to support bank’s profitability Dubai: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE reported a net profit of Dh1.86 billion for the first …
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Dubai Islamic Bank First Half 2021 Group Financial Results
Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE and the second largest Islamic bank in the world, today announced its results for the …
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Murabaha: UAE banks raise $350 million for Pakistan government
Ajman Bank and Commercial Bank of Dubai have raised $350 million (Dh1.28 billion) in Murabaha syndicated financing for the government of Pakistan.The two UAE banks acted as mandated lead arrangers and …
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Dubai-based Emirates NBD posts 17% jump in profits
Emirate’s biggest bank’s total income for the first half of 2021 was up 9% to $3.1bn over the first six months of the year due to increased transactional activity and stable net interest margins …
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Ajman Bank and Commercial Bank of Dubai conclude Pakistan’s US$ 350mln Murabaha Syndicated Financing
The transaction was fully subscribed by 12 banks. Ajman Bank PJSC also acted as Investment Agent on the facility …
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Dubai Islamic Bank net profit up 18%
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE and the second largest Islamic bank in the world, has announced an improvement in profitability with a total income of AED5.8 billion and …
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Pakistan’s $350m murabaha syndicated financing concluded by UAE banks
Ajman Bank PJSC and Commercial Bank of Dubai have concluded Pakistan’s $350 million murabaha syndicated financing. Originally mandated for $200m, the Islamic Syndication Facility attracted more than …
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Top UAE Banks See Profits Surge as Impairments Drop on Recovery
The three largest banks in the United Arab Emirates reported a drop in impairment charges by nearly a third in the first half as they took advantage of an economic recovery from the Covid-19 pandemic.
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GCC Outbound Travel and Tourism Market to Witness Soaring Growth over 2019-2028; UAE Market to Touch USD 30,484.37 Million in 2028
Key Companies Covered in the GCC Outbound Travel and Tourism Market Research Report Are airlines, hotel chains, travel agencies, travel insurance companies, and other key market players.New York, …
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Fake website of UAE Embassy in India blocked
A fake website of the UAE Embassy in India being used to extort money from UAE residents stuck in India due to the COVID-19 entry restrictions has been blocked after the scam came to light following …
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More UAE companies now hiring Emiratis
Provided by Khaleej Times More UAE companies now hiring Emiratis . More private sector companies in the UAE are looking to hire talented Emiratis, particularly in technology, f …
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Invest Africa and Standard Chartered Private Bank announce strategic partnership
Invest Africa ( the leading business and investment platform for African markets, and Standard Chartered Private Bank, a leading international private bank for emerging market clients, are pleased to …
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