Tag: finance

Emaar’s net profit totalled AED5.3 billion ($1.4 billion), a growth of 28 percent, prior to considering the effect of the IPO of Emaar Development and … continued to record higher occupancy than Dub…
( read original story …)

---

“Being IPO-ready is a great exercise … Lahyani declined to give a specific value to the company, which was founded 11 years ago in Dubai, although a Reuters report suggested that it was close to $50…
( read original story …)

---

Dubai-based developer Emaar Properties has announced that its … had grown tremendously in the first nine months on the back of the initial public offering (IPO) of Emaar Development and foreign exch…
( read original story …)

---

Elon Musk, the CEO of both Tesla Inc. and Space Exploration Technologies Corp., opened up about his tumultuous year in a wide-ranging interview with CBS’s “60 Minutes.” Musk, 47, told anchor Lesley St…
( read original story …)

---

Banks in the UAE must carry out a credit check on customers before issuing a chequebook, according to a new circular sent to financial institutions by the Central Bank of the UAE. The Central Bank sai…
( read original story …)

---

DUBAI (Reuters) – Standard Chartered is cutting jobs in its retail bank in the United Arab Emirates, in part as more customers move to digital services, people familiar with the matter told Reuters. T…
( read original story …)

---

The UAE will soon boast a new integrated payment system that builds on the foundation set by the eDirham system, and which is in line with the country’s digital transformation objectives. The Ministry …
( read original story …)

---

Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, has once again dominated the Islamic Business and Finance Awards, collecting five major accolades at the prestigious industry event. The …
( read original story …)

---

Image Credit: Dubai: Alternative investments can include a variety of investment vehicles, such as private equity, real estate, commodities, hedge funds and even ‘liquid alternative mutual funds’.
( read original story …)

---

IPO, in December 2017 to grow its business, not only in the UAE but also internationally. The company is currently reviewing a number of potential options to grow its international operations.
( read original story …)

---

Official data showed the UAE’s non-oil sector grew 2.5 per cent in 2017. The Quarterly Economic Review of the Central Bank of UAE for the third quarter of 2018 projected the non-oil GDP in …
( read original story …)

---

Financial regulators in the UAE have agreed to implement a passporting regime, facilitating the licensing of funds by each regulator for promotion across the UAE.06 Dec 2018 The agreement will strengt…
( read original story …)

---

If you’re fresh out of university and have landed yourself a job, you’re most definitely the new kid on the block. While this is an exciting experience, keeping track of the responsibilities …
( read original story …)

---

First Abu Dhabi Bank, UAE Exchange and ADGM, was formed in February to develop a proof-of-concept to decide the governance framework and the functional requirements of an e-KYC utility. The app develo…
( read original story …)

---

Mr Hedges suggested that the UK should examine its alliance with the UAE. “Is it putting trade, is it putting finance, is it putting anything else over the values it stands for?” he said. He added tha…
( read original story …)

---

UAE’s National Advisor Bureau Limited has come up with a concept … Live a 100 years blessing made real; finance your child’s prosperous long life with this product
( read original story …)

---

The UAE equity markets opened on a higher note on Tuesday after a long weekend, helped by scrips from the banking, real estate and construction sectors. The Dubai Financial Market General Index (DGMGI …
( read original story …)

---