Tag: finance

He will also receive the ‘Order of Zayed’, the highest civilian decoration conferred by the UAE government, during this visit. Budget 2019: Central govt to contribute 14% to NPS, employees to get 80C …
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Dubai-based Averda International is conducting preliminary talks with banks about a potential initial public offering (IPO) on the London Stock Exchange (LSE), which could value it at up to $700 …
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The Ministry of Finance has examined the economic and social impact of excise tax, since it was first launched in the UAE in 2017, and has seen a positive impact in reducing the consumption of the …
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Dubai-based Averda International, one of the largest waste management firms in the Middle East and North Africa, is in early discussions with banks about a potential IPO which could value it at up …
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Finablr and the payment solutions company Network International were the two UAE companies that listed on the London Stock Exchange main market earlier this year. Finablr’s initial public offering in …
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Emiratis performing their national service are to be exempt from some bank charges under new regulations. The UAE Central Bank said the initiative would mean minimum balance requirements would no …
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Dubai has stayed all legal claims against Meydan, a government-owned developer facing a wave of litigation, in a response to growing financial distress in the Middle East’s commercial capital. In June …
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DUBAI — Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources said, in what could be the world’s biggest IPO.
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The BFSI focus group hosts a presentation by Etihad Credit Insurance in May this year in Dubai Image Credit: Supplied he Banking, Financial Services & Insurance (BFSI) focus group was established …
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DUBAI — Saudi Aramco has formally asked major … two sources with direct knowledge of the matter said. Aramco’s planned IPO, which could potentially raise $100 billion, is the centerpiece …
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The Group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry, with over 90 per cent of all financial transactions and requests …
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Prime Minister Narendra Modi will pay a three-day visit to United Arab Emirates and Bahrain beginning August 23 and hold extensive talks with top leaders of the two countries on bilateral, regional …
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Growth in the UAE banking sector’s loan exposure to the real estate sector nearly halved to 8.5 per cent last year, compared to 18.1 per cent in the previous year, due to a persistent decline in …
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Companies looking to tap into the equity capital market should get themselves ready early and remain on standby, in order to maximise their chances of a successful IPO.” He added: “The UAE Cabinet’s …
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Dubai: The four largest UAE banks, which account for nearly 70 per cent of the banking assets, reported a combined net profit of Dh19 billion for the first half of 2019, up 16 per cent from the …
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Reader gets a complaint resolved with a bank. I have been banking with Al Hilal Bank for the past few years. When I switched jobs last October, my previous company transferred my end of service …
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Navdeep Suri, India’s ambassador to the UAE, has celebrated India’s Independence Day by ringing the market-opening bell at Nasdaq Dubai. The ceremony reflected the rapid growth of the already …
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