Tag: finance

ISLAMABAD: The United Arab Emirates (UAE) has not yet indicated that it wants to withdraw $1 billion cash support – maturing next week – to Pakistan. The facility can be exten …
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On the heels of Saudi Arabia’s central bank’s (SAMA) future launching of a framework for open banking in the kingdom during H1 2022, there is a buzz of excitement among fintech players who are already …
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The move could open the market to numerous fintech services, spurring competition and increasing users’ options when it comes to managing their own finances.
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Dubai Islamic Bank & EMAAR Karachi Ltd signed an agreement to promote home financing for their current… KARACHI: Dubai Islamic Bank & EMAAR Karachi Ltd signed an agreement to promote home financing …
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Dubai Holding Investments Group LLC, a unit of Dubai Holding (family enterprise controlled by Dubai’s ruler) acquired a 51.4% stake in Class A shares in Och-Ziff Capital Management Group, a U.S. hedge …
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Qatar Insurance Co., which will retain a 25 per cent stake in QLM after raising 659 million riyals ($180 million) from the sale, fluctuated between gains and losses as most shares in the Qatar …
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CLS announced on Monday its partnership with two new banks, Alfa-Bank and First Abu Dhabi Bank, that agreed to use payment netting calculation services CLSnet.
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Donald Trump’s business partner in Dubai on Wednesday said he was interested in expanding their commercial relationship despite the storming of the U.S. Capitol last week.
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Citigroup’s wealth-management business in the UAE plans to triple assets under management to $15 billion over the next five years by increasing the number of its client-relationship managers. As part …
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Abu Dhabi’s biggest lender, has issued a $500m five-year sukuk, which is the lowest-ever yield on any five-year MENA bank USD issuance, issued at MS+90bps (all-in yield of 1.411 per cent) through FAB …
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First Abu Dhabi Bank (FAB), the UAE’s largest bank, on Monday announced it has issued the first sukuk globally in 2021. The bank said it has issued the lowest-ever yield on any five-year MENA bank US …
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During the meeting, Tayer expressed the UAE’s strong commitment to further consolidate joint dialogue with the US, as it is one of the country’s most important strategic partners.
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The initial public offering (IPO) market in the UAE expects to get a significant fillip in 2021 following the launch of the Nasdaq Dubai Growth Market for small and medium enterprises, market analysts …
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Polish FX brokerage, XTB is seeking a license from the Dubai Financial Services Authority (DFSA) after it has incorporated its new subsidiary, XTB MENA Limited, in the Dubai International Financial …
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The largest Islamic Bank in the country Saturday unveiled its new positioning – #ReadyForTheNew, which is based on the financial pioneer’s long-term vision to be the most progressive Islamic financial …
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The largest Islamic Bank in the country Saturday unveiled its new positioning – #ReadyForTheNew, which is based on the financial pioneer’s long-term vision to be the most progressive Islamic financial …
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Sanjay Shah, a hedge-fund founder charged by Danish prosecutors in a $1.6 billion tax-fraud probe, won’t fight extradition from his home in Dubai.
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