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Tag: finance

Posted on 25/03/2021

SPACs cause headache for UAE bourses amid lacklustre IPO market

Firms in the UAE are increasingly seeking fast-track listings in New York through mergers with special purpose acquisition companies (SPACs), posing a fresh challenge to local bourses which are …
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Posted on 24/03/2021

UAE finance minister and Dubai deputy ruler Hamdan dies

The United Arab Emirates finance minister and the deputy ruler of the emirate of Dubai, Sheikh Hamdan bin Rashid …
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Posted on 24/03/2021

Increased Banking Trojans in UAE in 2020: Kaspersky

Kaspersky Security Network (KSN) statistics around cybersecurity threats in the United Arab Emirates indicates that overall malware infections have decr …
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Posted on 24/03/2021

UAE international reserves surge to $141.41bln

The UAE banking system’s international reserves is expected to rise further in the coming period, reflecting the improvements across the system’s indexes in recent months. Rec …
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Posted on 24/03/2021

UAE international reserves surge to Dh519b

The international reserves of the UAE banking system have grown by Dh12.6 billion over three months, from November 2020 to January 2021, to Dh519 billion, the Central Bank of the UAE (CBUAE) has …
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Posted on 23/03/2021

Singapore and Dubai: The future of private banking

Outwardly different, Singapore and Dubai have transformed themselves into international wealth management hubs, overseen by clear-minded regulators. They are now starting to compete for business with …
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Posted on 23/03/2021

Announcement of Intention to Float on the Dubai Financial Market

Tristar Transport (PJSC – under incorporation) (“Tristar” or the “Company” or, with its subsidiaries and subsidiary undertakings, the “Group”), a leading global integrated liquid logistics solutions …
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Posted on 23/03/2021

Dubai Eyes Its Second IPO in Three Years With Tristar Listing

Middle Eastern logistics firm Tristar Transport is looking to raise between $120 million and $160 million in an initial public offering in Dubai next month, in what would be only the financial hub’s …
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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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