The stock of Healthium Medtech’s listed rival Poly Medicure has nearly doubled in the last six months, even as the latter raised Rs 400 crores via a QIP in February. Mysuru based medical equipment mak …
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S.Korea’s Kakao Bank says its planned IPO expected to raise at least $2 billion
South Korean digital bank Kakao Bank Corp said on Monday its planned initial public offering is expected to raise at least 2.2 trillion won ($1.95 billion) at the low end of an indicative price range.
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Tradewind Finance provides USD 5mln trade finance facility to Dubai-based printing services company
UAE, and USA. Combining financing, credit protection, and collections into a single suite of trade finance products, Tradewind brings streamlined, flexible, and world-class services to the world’s …
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Emirates Development Bank gets into debt finance to fund more UAE businesses
EDB asked for $750 million and eventually got it, no problem, as the bank’s debt was assigned the fourth-highest investment grade from Fitch Ratings.
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Aafaq Islamic Finance implemented Infosys Finacle’s digital banking suite to transform its technology infrastructure
IBS Intelligence is a leading global FinTech News & Research firm. Get ✅ Latest Digital Banking & Financial Technology News, ✅ Research & ✅ Market Insights.
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Saudi Fransi Capital says price range for Tanmiah Food IPO set at 59 to 67 riyals/share
DUBAI – Saudi Fransi Capital has started a book building process in preparation for Tanmiah Food Co’s initial public offering, setting a price range of 59 riyals ($15.73) to 67 riyals ($17.87) per …
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Qatar Petroleum hires banks for four-tranche bond sale – document
Qatar Petroleum hired a group of banks to arrange a four-tranche U.S. dollar-denominated bond sale, comprising five, 10 and 20-year conventional bonds, as well a 30-year Formosa portion, a document …
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Dubai Lures Wall Street Jet-Setters as Business Revives
The jet-setting days of Wall Street bankers and executives flocking to Davos in January might be on pause, but in the financial capital of the Middle East it’s business as usual once more. Dubai is …
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After how many missed loan payments will a bank file a police case?
Usually, there is a cheque that is provided as a guarantee by the customer at the time of signing up for the loan or credit card. The bank submits the cheque to recover the amo …
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Commercial Bank of Dubai inks partnership agreement with DMCC to provide banking services to their license holders
The agreement was signed between Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai and Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, Dubai Multi Commoditie …
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Emirates Institute for Banking and Financial Studies recognizes eight UAE Banks for Emiratization drive
Dubai-UAE: Emirates Institute for Banking and Financial Studies , a regional leader in banking and finance education and training, today awarded eight leading UAE banks for their …
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Mubadala-owned Yahsat opens IPO to UAE investors
Yahsat’s share sale marks the first IPO in Abu Dhabi since Abu Dhabi National Oil Co. for Distribution PJSC began trading in 2017 …
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Mubadala’s Yahsat aims to raise up to Dh3 billion in Abu Dhabi IPO
This will be the first major listing on the Abu Dhabi bourse after ADNOC distribution Dubai: Abu Dhabi sovereign investor Mubadala’s satellite company Yahsat has set an indicative price range for its …
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HSBC joins Dubai Economy’s UAE KYC Blockchain Platform
Dubai Economy is delighted with HSBC going live on the UAE KYC Blockchain Platform. Investors now have an additional choice of digitally opening bank account with the internati …
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Video: Sheikh Mohammed revamps Dubai Chamber of Commerce
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Saturday announced key structural changes to the Dubai Chamber of Commerce. The …
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Sheikh Mohammed approves structure of the Dubai Chambers
Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice- President and Prime Minister of the UAE and Ruler of Dubai approved the structure of the Dubai Chambers, it was announced on Saturday.
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RAKBank sees UAE business loan demand gaining momentum
Speaking to Gulf News, Dhiraj Kunwar, Managing Director of Business Banking at RAKBank said there are clear signs of improving business confidence in the UAE and the bank expects to see How is the …
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