Tag: finance

The UAE Ministry of Finance has issued a financial circular on the preparation of the draft general budget of the federation for the fiscal year 2020, as part of the five-year plan (2017-2021). This y…
( read original story …)

---

Dubai: UAE credit cardholders and borrowers are feeling the pinch of high financial services costs and have called on banks and financial institutions to lower their fees. Gulf News spoke to a …
( read original story …)

---

Dubai: A UAE expatriate has been barred from offering wealth management services to investors in Dubai after he was found to have fabricated a client’s net worth and made unauthorised investments.
( read original story …)

---

The Government of Dubai’s Department of Finance (DoF) has launched a second package of economic growth initiatives aimed at enriching the emirate’s economic incentive package as part of the government …
( read original story …)

---

If you think you have been unnecessarily charged on your banking transaction, then step back and have a rethink. Central Bank of the UAE, the official body regulating banks and financial …
( read original story …)

---

Dubai: Abu Dhabi Islamic Bank (ADIB) shares rose 1.1 per cent on Tuesday, playing a catch-up compared to other banking peers on the Abu Dhabi Securities Exchange. ADIB closed 1.1 per cent higher …
( read original story …)

---

DUBAI — The year 2018 ended on a strong note for GCC equity capital markets activity, with Q4 being the best quarter in the year. A total of five IPOs generated $1.03 billion, or 42% of the GCC’s annu…
( read original story …)

---

Once Sobha maintains this level of revenue for a couple of years, Menon says he might look to fulfil his long-held ambition of floating an initial public offering (IPO) on London Stock Exchange or Dub…
( read original story …)

---

DUBAI, Feb 21 (Reuters) – Saudi Arabian shopping malls business … Arabian Centres, which has applied for an IPO with the Capital Market Authority, is looking to sell a 30 percent stake to investors …
( read original story …)

---

The UAE’s ministry of financing is working with federal entities to draft the 2020 fiscal budget using electronic systems in order to increase efficiency in the process and comply with international b…
( read original story …)

---

According to Feroz Sanaulla, LDJ Capital Managing Director for Venture Capital (MENA, Abu Dhabi, Dubai), the increased sign ups is an indication that players in the shipping industry are keen on adopt…
( read original story …)

---

Dubai: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has entered into a partnership with Dubai Electricity and Water Authority (DEWA) to offer exclusive auto finance deals for electri…
( read original story …)

---

From left, Danish Chotani, CEO at Burj Financial; Shawn Davis, partner at KWM; Andrew Rippon, co-founder and CEO at Thrupny International law firm, King & Wood Mallesons (KWM) hosted a recent event in …
( read original story …)

---

ABU DHABI, 4th March, 2019 (WAM) — Abu Dhabi Global Market, ADGM, will welcome applications for its fourth cohort of Regulatory Laboratory, RegLab, with dual themes of “API economy” and …
( read original story …)

---

Dubai’s financial regulator pledged to tighten controls following the collapse of Abraaj Group last year, in its strongest comments yet to address the unravelling of what was once the Middle East’s bi…
( read original story …)

---

ABU DHABI, 3rd March, 2019 (WAM) — The Abu Dhabi Islamic Bank, ADIB, a leading financial institution, was named “Best Islamic Bank in the Middle East” and “Best Islamic Bank in the UAE” at the …
( read original story …)

---

UAE-based United Arab Bank (UAB) has announced the appointment of Ahmad Mohammad Abu Eideh as its new CEO. The appointment, effective from March 10, comes as part of the bank’s efforts to develop its …
( read original story …)

---