Dubai: Commercial Bank of Dubai has become the latest UAE financial institution to confirm upbeat first-half 2021 numbers, with net profit at Dh676 million and a gain of 27.5 per cent on comparable …
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Exxaro Tiles IPO debuts at Rs 132 – a 10% premium over issue price
The initial public offering (IPO) of Exxaro Tiles, the firm that manufactures double charge vitrified tiles and glazed vitrified tiles, started off the first day trade on a strong note on August 16, …
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Saudi Aramco, UAE’s ADNOC Plan New Asset Sales
The biggest state-held oil firms in the Middle East, including Saudi Aramco and the Abu Dhabi National Oil Company (ADNOC), consider selling more assets to investors to monetize stakes in their variou …
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MIDEAST STOCKS Banking shares bolster most Gulf markets
Major stock markets in the Gulf ended higher on Sunday, largely driven by gains in financial companies and led by Saudi Arabia.
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Mobikwik appoints 4 independent directors to its board before its IPO
MobiKwik has appointed four new independent directors to its board. The change brings the total number of board members to seven. With this move, the startup is one step closer to being India’s first …
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UAE jobs: Banks hiring relationship officers; salary Dh7,000, plus incentives
Recruitment executives say finance is one of the top sectors in the UAE that will see an increase in workforce this year.
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At the UAE’s Service for Two Decades
ICICI Bank offers customised products and solutions to NRIs and PIOs as well as cross-border facilities and remittances …
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Progressing Towards the Future of e-banking
The State Bank of India constantly endeavours to create a digitally-empowered society with its cutting edge online banking solutions …
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Arab Bank “Best Bank in the Middle East 2021”
New York-based Global Finance magazine recently awarded Arab Bank the “Best Bank in the Middle East 2021” award, for the sixth year in a row. This global recognition came as part of Global Finance’s …
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terrible experience in my life – Hurricane’s Grill Dubai Mall
Hurricane’s Grill Dubai Mall: terrible experience in my life – See 309 traveller reviews, 669 candid photos, and great deals for Dubai, United Arab Emirates, at Tripadvisor.
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SBWC mentoring UAE’s business women to thrive in the post-Covid era
In collaboration with 33Voices, Mashreq Bank, and Mastercard, SBWC hosts four workshops under the title ‘The Reinvention of Business Post-Covid …
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UAE: Two phone scammers arrested for duping residents
Two phone scammers who duped UAE residents of their cash after illegally obtaining their bank details have been arrested. The Police said it arrested the Asian men in coordination with Ajman Police …
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Does Dubai Sheikh lobby for another contract after refunding ‘overpriced’ Sputnik V vaccine money?
Sheikh Ahmed Dalmook Al Maktoum, a member of the ruling family of Dubai, UAE, seems to be eyeing another contract in Ghana after refunding 50% of the payment made by the government of Ghana in its …
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IPO CORNER: Here’s all the latest news from IPO-bound train of Indian startups
Here’s all the latest news from the IPO-bound train of Indian startups. Travel booking platform Ixigo has filed its draft red herring prospectus (DRHP) for a Rs 1,600 crore IPO, which will include Rs …
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MobiKwik appoints four independent directors to its board ahead of IPO
The holistic expertise of our new board members in our sector, public policy, technology, and business will provide an added thrust to MobiKwik’s strategic direction, MobiKwik’s cofounder and CEO …
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Payroll, Accounting FinTechs Capture VCs’ Attention
FreshBooks become the B2B FinTech world’s latest unicorn, but the accounting startup didn’t secure the largest round of the week, which went to a payroll firm.
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How DP World unit aims to unlock access to trade finance for SMEs
The newly licenced firm will connect companies needing trade finance solutions with financial institutions on DP World’s CARGOES Finance platform. Small and medium sized enterpris …
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