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Tag: finance

Posted on 10/01/2021

UAE IPO market set for major upswing

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 …
( read original story …)


Posted on 09/01/2021

Exclusive: XTB Registers New Dubai Subsidiary, Awaits DFSA License

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 …
( read original story …)


Posted on 09/01/2021

Dubai Islamic Bank is ready for the new

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 …
( read original story …)


Posted on 09/01/2021

Dubai Islamic Bank unveils ‘#ReadyForTheNew’ positioning

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 …
( read original story …)


Posted on 08/01/2021

Hedge Fund Founder in Dubai Won’t Fight Extradition in Danish Tax Case

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.
( read original story …)


Posted on 07/01/2021

Hedge-Fund Founder Charged in $1.6 Billion Cum-Ex Probe

Sanjay Shah, who founded a London hedge fund that specialized in controversial Cum-Ex trades, was charged by Danish prosecutors in a 9.6 billion-krone ($1.6 billion) tax-fraud probe, according to a …
( read original story …)


Posted on 07/01/2021

Hedge fund founder Sanjay Shah charged in $1.6 billion tax-fraud probe in Denmark

Sanjay Shah, who founded a London hedge fund that specialized in controversial Cum-Ex trades, was charged by Danish prosecutors in a 9.6 billion-krone ($1.6 billion) tax-fraud probe, according to a …
( read original story …)


Posted on 07/01/2021

Hedge Fund Founder Charged in $1.6 Billion Danish Cum-Ex Probe

Sanjay Shah, who founded a London hedge fund that specialized in controversial Cum-Ex trades, was charged by Danish prosecutors in a 9.6 billion-krone ($1.6 billion) tax-fraud probe, according to a …
( read original story …)


Posted on 07/01/2021

Denmark Charges Two Britons Over $1.6 Billion Cum-Ex Fraud

Sanjay Shah, who founded a London hedge fund that specialized in controversial Cum-Ex trades, was charged by Danish prosecutors in a 9.6 billion-krone ($1.6 billion) tax-fraud probe, according to a …
( read original story …)


Posted on 07/01/2021

UAE to resume trade and travel with Qatar within a week

The United Arab Emirates announced on Thursday that it could resume transport and trade activities with Qatar within a week, following an US-brokered agreement signed in Saudi Arabia last week that …
( read original story …)


Posted on 07/01/2021

Abu Dhabi’s Top Bank Follows Dubai Rival to Dollar Bond Market

First Abu Dhabi Bank PJSC followed its Dubai rival to the debt market by starting to market dollar-denominated Islamic bonds on Thursday.
( read original story …)


Posted on 06/01/2021

Dubai Bank Mashreq May Move Nearly Half Its Jobs to Cheaper Hubs

Mashreqbank PSC, Dubai’s third-biggest lender, plans to move nearly half of its employees to cheaper locations and allow some others to work from home as part of a dramatic reorganization that will …
( read original story …)


Posted on 06/01/2021

Qatar’s biggest bank expects Gulf detente to boost companies, lenders

Qatari companies including banks are forecast to get a boost from a deal to end a more than three-year row between Doha and some Gulf states, which was announced by Crown Prince Mohammed bin Salman on …
( read original story …)


Posted on 06/01/2021

GB News seals £60m funding ahead of ‘boldly different’ launch

The latest addition to Britain’s array of 24-hour news channels is to begin recruiting more than 100 journalists after completing a £60m fundraising that it claims was significantly oversubscribed. GB …
( read original story …)


Posted on 06/01/2021

GB News seals £60m funding for ‘bold’ launch

The latest addition to Britain’s array of 24-hour news channels is to begin recruiting more than 100 journalists after completing a £60m fundraising that it claims was significantly oversubscribed.
( read original story …)


Posted on 06/01/2021

GB News reveals new investment and creation of 140 jobs

The new 24-hour news channel revealed Legatum and Sir Paul Marshall, founder of hedge fund Marshall Wace, have become its latest investors.
( read original story …)


Posted on 05/01/2021

UAE leads world in Islamic finance industry

The UAE has led the world in setting an international regulatory framework governing Islamic finance, according to a report by Global Finance Magazine. The report focused on the impact of the …
( read original story …)


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