Tag: finance

Against that background the recent announcement by Amlak International, the Saudi real estate finance group, that it would list 30 percent of its equity on Tadawul, is a vote of confidence in the …
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UAE – Mubasher: Bank deposits in the UAE rose by 2.1% or AED 37.1 billion to AED 1.865 trillion from March to May, compared to AED 1.828 trillion in February. The resident deposits increased by 2.7% …
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A report endorsed by MetLife Foundation identifies the six types of innovation with the greatest potential to improve the financial wellbeing and inclusion of marginalised communities in MENA. The …
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Issue price was $25 per share, yet the company started its trading on the Nasdaq Stock Market with the price of $27 per share.
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On 12 March 2020, Dubai Government launched an AED 1.5 billion economic stimulus … incentives in coordination with local banks and the emirate’s departments of Finance and Economic Development. The …
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UAE’s federal export credit company … partner with Islamic banks and exporters in projects that require export financing, structured trade finance, project finance, as well as supply chain finance.
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The company and its financial advisor for the listing, NCB Capital, also announced on Sunday that the book-building process for the initial public offering (IPO) will start on June 22 and close on …
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Dubai’s benchmark stock index dropped the most in the Gulf after Moody’s Investors Service cut the outlook for some of the biggest banks in the United Arab Emirates.
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These measures include extending the payment holidays and pricing discounts on existing and new finance and covered card products in accordance with the Central Bank of the UAE’s Targeted Economic …
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Global Venture’s Noor Sweid recently spoke to Worth about how emerging markets are tackling the issue of health care inclusion and what the future of health will look like as we emerge from the …
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A hedge-fund founder at the center of a Danish cum-ex probe says he’s worried that he won’t be able to pay his lawyers in the $2 billion case after he had his $20 million London home frozen.
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Rating agency Moody’s changed its outlook to negative from stable for eight banks in the United Arab Emirates amid the coronavirus outbreak, it said on Friday. The eight banks are Emirates NBD, Abu …
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The UAE and Dubai governments have successfully … Whether visiting the barber, going to fish markets, shopping at malls, carrying out banking transactions, going back to office or simply …
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(MENAFN – Khaleej Times) Sharjah Islamic Bank (SIB) has priced a $500 million 5-year long sukuk, with a profit rate of 2.85 per cent per annum, fetching it an A- rating by S & P. Some of the other …
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But these deals should inspire more confidence among other UAE banks with sound fundamentals to tap the sukuk market. Abu Dhabi’s FAB has just issued a 5-year 1.4 billion Chinese yuan bond, for which …
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It guarantees the supplier their dues even if the bank customer defaults. While there are several products available in the market, UAE-based Finance House has now launched the Al Rabeh Guarantee …
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Central Bank’s Targeted Economic Support Scheme helps individuals, SMEs and other private businesses impacted by Covid-19 …
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