Tag: finance

Five decades of leadership leaves behind an unmatched legacy of economic reforms Dubai: Sheikh Hamdan Bin Rashid Al Maktoum, the UAE’s finance minister for the past five decades, who was the longest …
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A Danish court has ruled that hedge-fund trader Sanjay Shah and an associate should be … paves the way for Denmark to seek formal extradition of Shah, who lives in Dubai, and his alleged accomplice, …
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Pakistan rupee rose to nearly 41 against the UAE dirham on Wednesday after Islamabad raised $ … Hamad Azhar, Pakistan’s finance minister, said rupee currency is standing on its own without the …
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Leading global professional services firm Alvarez &Marsal (A&M) has released its latest UAE Banking Pulse for FY 2020. The report suggests that while the operating environment for the UAE’s banking …
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The Barbeque-Nation Hospitality IPO was subscribed 5.98 times and the shares will now get allotted to investors. Here’s how to check if you have been allotted the shares.
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Mohammed Ali Rashed Lootah, CEO of the Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy, credited “improvements in personal finance conditions of consumers” for the rise.
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Saudi Arabia’s bourse, Tadawul, has invited banks to pitch for roles in its highly-anticipated flotation, three sources told Reuters on Wednesday. Tadawul hired HSBC in 2016 to manage an IPO initially …
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The UK civil case is one avenue that Denmark’s tax authority is pursuing in a bid to claw back massive tax rebates it says it unwittingly handed to Shah and others. The nation has also charged Shah, …
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DUBAI (Reuters) – Saudi Arabia’s crown prince … planned to offload its shares in companies in coming years and to IPO projects it is launching. “We will recycle the money. We shouldn’t keep …
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In conjunction with the “International Day of Happiness” celebrated around the world in March, Aafaq Islamic Finance launches a new “Happiness” package …
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Dubai: Nearly 43 per cent of the UAE’s Dh58.11 billion federal budget for 2021 will be assigned for social development and social benefits, according to the Ministry of Finance. More to follow. Get …
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Dubai Waste Management (DWMC) has announced that it has secured project finance worth $900 million from major institutional lenders, including Japan Bank for International Cooperation (JBIC) for a …
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I feel the future of our kids is in the safe hands of the UAE’s leadership,” Maniar told Khaleej Times on Monday. Project finance loan agreements worth $900 million have been finalised with Japan Bank …
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This partnership creates a direct line between champion athletes and Dubai luxury real estate, providing them with a dedicated property resource in the region. Celebrities in the world of sport and …
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DUBAI, UAE, March 29, 2021 (GLOBE NEWSWIRE) — (via Blockchain Wire) – Sheesha Finance (https://sheesha.finance/), the first one-stop-shop for investors to have diversified exposure to DeFi projects …
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NOW Money, the GCC’s first digital banking solution for low-income migrant workers, has secured $7 million in a funding round led by venture investor, Anthemis Exponential Ventures. Anthemis …
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The “United Arab Emirates (UAE) Projects, H1 2021 – Outlook of Major Projects Spanning Construction, Oil and Gas, Renewable Energy, Transport, Power and Water, Industrial Sectors – MEED Insights” …
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