Tag: finance

“There’s never really a right time to announce departures or changes like this, but with the IPO behind us, I felt this was a good moment to simplify our org and set us up for the future,” …
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The deal has now received approval from the UAE Ministry of Economy … in the first quarter of 2019 and has been under the spotlight for its less than stellar IPO. Compounding the San Francisco-based …
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The last initial public offering in the United Arab Emirates was in 2017. Once debt-averse … Just as the debt market was opening up, an IPO drought settled over the region, and it shows no sign of …
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The Dubai International Financial Centre (DIFC) has introduced a new insolvency law, which will place the financial centre in line with best practices and at the forefront of complicated debt …
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Numisbing, a Dubai-based numismatics and arts company, is planning to IPO on Nasdaq First North Stock Exchange in Stockholm, Sweden, next month. The company, valued at AED100 million with 75 percent …
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The Abu Dhabi Global Markets and Dubai International Financial Centre free zones already have blockchain-specific regulations in place. Not only that but UAE and Saudi-Arabias’ central banks are also …
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Dubai Islamic Bank PJSC is proceeding with plans to acquire a smaller local rival as the United Arab Emirates’ biggest Islamic lender joins a regional wave of mergers and acquisitions. The shares …
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Dubai: Emirates Islamic, belonging to Emirates NBD Group, is gaining traction in asset growth, profitability and asset quality, thanks to strong demand for Islamic banking services, a sharply focused …
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Dubai: Emirates Islamic’s balance sheet is dominated by retail banking assets and going forward, this will continue to be the key driver of both asset growth and profitability, said Wasim Saifi, …
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DUBAI (Reuters) – Qatar has placed further restrictions on First Abu Dhabi Bank, the United Arab Emirates’ largest lender, as it continues a probe into alleged currency manipulation begun after the …
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The Dubai-based outfit, which enables digital commerce in the Middle East and Africa, has been included in the prominent index after its hugely successful initial public offering (IPO) in April this …
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A truly exclusive home finance solution that brings greater affordability for end users and potential to earn more than 45% return on equity for investors during the first 7 years. A development by …
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(MENAFN – Dubai PR Network) Bank’s Keep the Creek Clean initiative clears more than 5,400kgs of waste from the ocean Dubai, 08 June 2019: Emirates NBD, a leading financial institution in the …
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The World Bank estimates that recovery rates – accounting for the outcome … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and …
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Instead of looking into the source of such money, Dubai bank is cooperating with their clients in shifting funds to various banks in the world. In 2009, a Bangladeshi family had smuggled-out millions …
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Farzad Billimoria, UAE head of HSBC Private Banking – DIFC branch, also noted that growth of wealth in the UAE has been positive due to several factors. “One is the geographical advantage of where the …
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• Position: ” Finance Manager (CA Only)- Should be Immediately Available” For UAE based Distributor of major brands in CE, HA, AC, Appliances covering 100 + countries. • Location: Dubai, UAE • …
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