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Tag: finance

Posted on 23/03/2021

DeFi Goes Mainstream: B26 Finance Becomes Official Sponsor for the Falcons, Dubai’s Basketball Team

PRESS RELEASE. B26 Finance, the world’s first blockchain-based self-banking service, has recently been released to the world. Being a relatively new …
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Posted on 22/03/2021

DFM shareholders approve financial statements for 2020

Shareholders of the Dubai Financial Market Company (DFM) have approved the Balance Sheet for the financial year ending 31 December 2020, during the Company’s Annual General Meeting held on Monday.
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Posted on 22/03/2021

Barbeque Nation IPO to open on Wednesday; sets price band at Rs 498-500 per share

Barbeque Nation Hospitality is backed by private equity investor CX Partners and the “big bull” Rakesh Jhunjhunwala’s investment firm Alchemy Capital.
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Posted on 22/03/2021

Hedge-Fund Trader’s $2 Billion Tax Trial Begins in London

Cum-Ex case against hedge-fund trader Sanjay Shah and his associates kicked off in London, just one week after he was charged in Germany.
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Posted on 22/03/2021

Dubai International Financial Centre (DIFC) Joins the World Alliance of International Financial Centers (WAIFC)

Dubai is a leading global financial center … Together we can make progress on areas such as FinTech, innovation, sustainable finance and developing digital economies. We can align our approaches …
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Posted on 22/03/2021

Barbeque Nation IPO open date: Top 10 things to know before investing your money

Casual dining restaurant chain Barbeque Nation is coming out with its Initial Public Offering (IPO). Barbeque Nation IPO open date is 24 March 2021 (Wednesday). The company was founded in 2006 and it …
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Posted on 22/03/2021

Barbeque Nation IPO: Check Subscription Dates, Initial Public Offering Size, Review, Listing

Barbeque Nation’s Initial Public Offering (IPO) will open for subscription on March 24 which is Wednesday. Barbeque Nation IPO will close for subscription on March 26 which is Friday.
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Posted on 22/03/2021

Business Live: Shares fall weighed by financials, rising COVID-19 cases; Barbeque Nation IPO to open on Wednesday

Barbeque Nation IPO to open on Wednesday; sets price band at Rs 498-500. Another IPO entry. PTI reports: “Casual dining chain Barbeque Nation Hospitality on Monday fixed a price b …
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Posted on 22/03/2021

Laxmi Organics IPO allotment status: Here’s how to check

The initial public offering or IPO share allocation of the Laxmi Organics will be finalised on Monday, March 22.
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Posted on 22/03/2021

International reserves increase Dhs12.6bn in UAE banking system during Nov-Jan

Cumulative balance of the country’s international reserves amounted to over Dhs519bn at the end of January 2021.
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Posted on 22/03/2021

UAE cbank foreign reserves hit $3.4bn in 3 months

The Central Bank of the UAE’s statistics revealed a net increase in the international reserves of the Emirati banking system of AED12.6 billion ($3.4 billion) over three months, from November …
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Posted on 22/03/2021

Moghalu, other global leaders to speak at Cybertech Conference in Dubai

Professor Kingsley Moghalu, a 2019 presidential candidate and Central Bank of Nigeria (CBN) Deputy Governor (2009-2014), will be a …
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Posted on 22/03/2021

HSBC buys key Lloyds banking units in UAE

HSBC, Europe’s largest bank, is buying the onshore retail, corporate and commercial banking business of Lloyds Banking Group in the United Arab Emirates, to strengthen its Middle East presence. HSBC …
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Posted on 22/03/2021

Sustaining the UAE’s non-oil economy

Strategic to protect businesses’ cash-flows, and accelerate the economic recovery during/post pandemic providing access with confidence to new markets, …
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Posted on 21/03/2021

Barbeque Nation IPO Launch On This Date; Each Share To Be Priced Around Rs 500

Barbeque Nation Hospitality, the parent company of the casual dining restaurant chain Barbeque Nation Restaurants, will begin accepting subscriptions for its initial public offering (IPO). The public …
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Posted on 21/03/2021

Laxmi Organic Industries IPO Allotment Status Check Online: Direct BSE link is here

United Arab Emirates, the UK and the US. -DAM Capital Advisors Limited and Axis Capital Limited were the managers to Laxmi Organic Industries IPO. -The portion for qualified institutional buyers (QIBs …
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Posted on 21/03/2021

Islamic FinTech is on the rise in Saudi Arabia, UAE and globally

Islamic fintech is a fast-growing segment of financial technology among Organisation of Islamic Cooperation (OIC) countries, with the UAE and Saudi Arabia leading in transaction volume and ecosystem …
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