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Tag: finance

Posted on 03/07/2021

Robinhood is earmarking 20% to 35% of its own IPO shares for customers. Why smaller investors should proceed with caution

When it comes to any initial public offering, investors need to know what to expect and the risk involved, experts say.
( read original story …)


Posted on 03/07/2021

Opec+ agrees to new oil deal but without UAE agreement, source says

Opec+ agreed on Friday to add more oil to the market from August and extend the duration of their pact on their remaining production curbs for longer, even …
( read original story …)


Posted on 02/07/2021

Abu Dhabi’s ADNOC adds Goldman Sachs to lead banks on drilling IPO

DUBAI – Abu Dhabi National Oil Company (ADNOC) has added Goldman Sachs to a lead role on the initial public offering of its drilling unit, sources said, in the bank’s first such high-profile deal in …
( read original story …)


Posted on 02/07/2021

UAE: Another Indian expat joins Golden Visa club

Saad Maniar, a well-known name in accounting and finance field, has joined the lucky club of those who secured the UAE’s coveted ‘Golden Visa’ for serving the country in their specialised categories.
( read original story …)


Posted on 02/07/2021

The shadow over OptiBuy: new branch in Dubai opens

( MENAFN – Mid-East.Info De)spite the crisis and collapses in global markets, OptiBuy – a company distinguished in the field of improving purchasing efficiency – officially began operating in the …
( read original story …)


Posted on 02/07/2021

Emirates Development Bank Partnership To Bolster SMB Lending

This partnership will help in bridging the funding gap for … [SMBs] and strengthening the … [SMB] ecosystem, supporting the UAE’s goals to build a robust knowledge-based economy,” Shaker Zainal, …
( read original story …)


Posted on 01/07/2021

UAE and Austria sign agreement on avoidance of double taxation

As part of its endeavours to strengthen cooperation frameworks in tax matters, protect taxpayers from double taxation, and avoid impeding the flow of trade and investment, the Ministry of Finance (MoF …
( read original story …)


Posted on 01/07/2021

Pakistan, UAE pledge to further cement mutual relationship

Both the dignitaries expressed their satisfaction over the current status of the strong ties between the two countries and pledged to further cement mutual relationship. They said bilateral ties …
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Posted on 01/07/2021

EDB and FAB partner on co-lending program for SMEs in UAE

EDB has entered into a Memoradum of Understanding with FAB on Credit Guarantee and Co-lending programs for SMEs in the UAE.
( read original story …)


Posted on 01/07/2021

UAE: Which is better for your rental budget, a short term or a long term lease?

The idea of committing too little or too much money on a contract can be a major stressor Dubai: But first, what is a lease? Before you move into an apartment, you’ll be prompted to sign a lease. A …
( read original story …)


Posted on 01/07/2021

UAE- EMEA markets continue to show resilience

Markets across the EMEA region continue to show their resilience in 2021, with several emerging markets offering some of the highest growth pote …
( read original story …)


Posted on 01/07/2021

SentinelOne becomes a publicly traded company

(“SentinelOne”), an autonomous cybersecurity platform company, officially became a publicly traded company on the New York Stock Exchange under the ticker symbol “S”. This marks an exciting new …
( read original story …)


Posted on 01/07/2021

Mohi-Din BinHendi: Meet the man who helped shape Dubai airport and Dubai Duty Free

Witty, charismatic, gracious and down to earth yet so larger thanlife, Mohi-Din BinHendi’s life is the stuff that legends are made of. The former director general of civil aviation (DGCA) – Dubai, now …
( read original story …)


Posted on 01/07/2021

Blockchain Company Casper Labs Expands UAE Presence

Blockchain services company Casper Labs, developer of the Casper Network, is working with His Highness Sheikh Juma bin Maktoum Al Maktoum’s SJM Group of Companies to deploy the Casper Network in the …
( read original story …)


Posted on 30/06/2021

Saudi regulator gives green light for ACWA Power IPO

Saudi Arabia’s Capital Market Authority said on Wednesday it has approved an initial public offering of an 11.1% stake in ACWA Power, a listing that has been expected for years. DUBAI, June 30 …
( read original story …)


Posted on 30/06/2021

UAE banks need to focus more on customer complaints as more services get digitalised

Dubai: UAE’s banking sector needs to pay more attention to customer service as they are going through rapid digital transformation, according to KPMG. While digitalization of banking and financial …
( read original story …)


Posted on 30/06/2021

A UAE bank’s satirical approach to consumer awareness

How Emirates NBD has launched engaging and amusing campaigns to fight fraud As a leading bank in the UAE, Emirates NBD has taken an active role in raising consumer awareness on safe, secure banking.
( read original story …)


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