Tag: finance

Major Gulf stock markets finished higher on Monday amid a surge in oil prices, with Dubai outperforming the region, led by property and banking stocks. Jan 4 (Reuters) – Major Gulf stock markets …
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An Emirati trader checks the stocks of Emaar Malls on the screen at the Dubai Financial Market in United Arab Emirates (AP). Major Gulf stock markets finished higher on Monday amid a surge in oil …
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The Dubai Police prevented the loss of billions of dirhams with the arrest of 97 “dangerous criminals” in 2020, the force has said. According to the Criminal Investigation Department’s statistical …
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Finance Magnates examines November data. When Russian forex traders deposit most often, the greatest sum of money came from the United Arab Emirates.
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Companies now realize they can get better valuation on the stock market than in the private market,’ says TASE official after a record year for IPOs.
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The problem started when the cheques I signed on behalf of the company bounced. In 2018, I was arrested for the bounced cheque cases. I was released in October 2020, but was arrested again on November …
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The total amount of mortgage loans provided by Saudi banks increased to SR15.27 billion ($4.07 billion) in November 2020, up 79 percent compared to the same month in 2019, according to the Saudi …
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JMR’s Genie de Banca digital platform will enable banks and financial institutions to automate and digitise their lending departments, develop new revenue channels, and present their customers with …
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The kingdom’s hot IPO market is set to continue rolling out companies primed … This brave spirit is perfectly epitomised in the launch of the Nasdaq Dubai Growth Market by His Highness Sheikh Hamdan …
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Emergency corporate fundraising and a clamour for tech stock market listings pushed equity capital market volumes to over $1 trillion in 2020 and fees for investment bankers in the sector to a record …
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During the IPO period of 15 business days, the Fund has attracted more than 89,000 individuals and institutional investors, with a net subscription value of $126.08mln, as the coverage ratio exceeded …
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Dubai: The High Criminal Court of Bahrain found the Iran-owned Future Bank, five of its officials and several Iranian banks guilty of money laundering, Bahrain News Agency (BNA) reported. The bank …
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The UAE banks are expected to face a much lesser volatile operating environment in 2021 compared to last year, however, the lingering impact from 2020 will continue to pressure profits and asset …
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So should you then look at healthcare bonds, invest in gold, begin exploring alternatives such as cryptocurrencies? Historically, real estate has demonstrated an enduring appeal. When calamity strikes …
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The UAE banking sector has passed through a turbulent phase, and this is showing up on UAE’s stock markets as well. An index heavyweight on DFM, the banking sector (with 45 per cent weightage) is down …
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The in-person event, held in association with Tradewind Finance, saw 15 small businesses in attendance. Starting off with a panel discussion on SME financing in the current environment …
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Can your firm demonstrate sufficient ‘economic substance’ in the UAE by tomorrow? Adhering to UAE’s Economic Substance Regulations (ESR) is now a ‘must do’ reality facing business owners in the region …
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