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Tag: finance

Posted on 11/05/2019

Aster Healthcare launches finance service centre in India

UAE-based Aster DM Healthcare has announced the launch of its finance service centre across all its existing 11 hospitals and upcoming two hospitals across India. These include Aster Medcity Kochi, …
( read original story …)


Posted on 11/05/2019

Dubai’s Drake & Scull hands over files on ‘questionable’ projects

… is being investigated by a forensic audit committee formed by the UAE’s Securities and Commodities Authority. The committee is investigating the reasons for “floundering financial position and …
( read original story …)


Posted on 11/05/2019

UAE- Single mum, electrician win top spots at talent contest

(MENAFN – Khaleej Times) The UAE witnessed the talents of the blue … I have not gone home for the last three years due to financial issues and, now, I cannot wait to use my prize money to …
( read original story …)


Posted on 11/05/2019

Dubai Exports in bid to boost Arab-Africa trade

Dubai Exports, a unit of the Department of Economic Development (DED) in Dubai, and the International Islamic Trade Finance Corporation (ITFC) recently hosted a forum to promote trade and investment …
( read original story …)


Posted on 11/05/2019

Ritz-Carlton, Dubai International Financial Centre, welcomes refreshed Ramadan Majlis

Guests have been invited to celebrate the holy month of Ramadan at the newly designed majlis at the Ritz-Carlton, Dubai International Financial Centre. The iconic Ramadan Majlis returns this year …
( read original story …)


Posted on 11/05/2019

Dubai index’s short-term outlook turns bearish

The Dubai Financial Market general index fell more than 1 per cent and slipped below the 50-day moving average of 2,704. The index closed 1.48 per cent lower at 2,672.61. Bellwether stocks such as …
( read original story …)


Posted on 11/05/2019

UAE- Registering Emirati government, private sector employees mandatory: GPSSA

The GPSSA official explained that UAE nationals aged between 18 and 60 … on the employer only as the insured does not bear any financial obligation in this case,” she continued, adding that …
( read original story …)


Posted on 10/05/2019

Saudi sovereign fund invests indirectly in Arabian Centers IPO: sources

DUBAI (Reuters) – Saudi Arabia’s Public Investment Fund (PIF … although the investment represents strong government support for the IPO, a second source told Reuters. The IPO of Arabian Centers, …
( read original story …)


Posted on 10/05/2019

Saudi sovereign fund invests indirectly in Arabian Centres IPO -sources

DUBAI, May 10 (Reuters) – Saudi Arabia’s Public Investment Fund … although the investment represents strong government support for the IPO, a second source told Reuters. The IPO of Arabian Centres, …
( read original story …)


Posted on 10/05/2019

The Uber IPO is absurdly overvalued on NASDAQ

as the Facebook IPO did in the summer of 2012. So get real. Get smart. Get short! Dubai property prices will not bottom in 2019 or 2020 The latest bear market in Dubai real estate is now five years …
( read original story …)


Posted on 10/05/2019

Arabian Centers to raise $747m in IPO

DUBAI: Saudi mall operator Arabian Centers is set to raise as much as SR2.8 billion ($747 million) after pricing its initial public offering (IPO) at the bottom of its indicative range, according to a …
( read original story …)


Posted on 10/05/2019

Saudi Arabia’s Arabian Centres IPO priced at lower end of range-sources

DUBAI – Saudi Arabian mall operator Arabian Centres has priced its initial public offering at the lower end of an indicative price range, which means the deal would raise 2.47 billion riyals ($659 …
( read original story …)


Posted on 08/05/2019

Arabian Centres to raise $747 million after pricing IPO at bottom of range

DUBAI (Reuters) – Saudi mall operator Arabian Centres is set to raise as much as 2.8 billion riyals ($747 million) after pricing its initial public offering (IPO) at the bottom of its indicative range …
( read original story …)


Posted on 08/05/2019

Arabian Centres IPO priced at lower end, books covered: sources

DUBAI (Reuters) – Mall operator Arabian Centres has priced its initial public offering at the lower end of an indicative price range and is set to raise 2.47 billion riyals ($659 million), two sources …
( read original story …)


Posted on 08/05/2019

Arabian Centers IPO priced at lower end, books covered: sources

DUBAI (Reuters) – Mall operator Arabian Centers has priced its initial public offering at the lower end of an indicative price range and is set to raise 2.47 billion riyals ($659 million), two sources …
( read original story …)


Posted on 08/05/2019

UAE Food Bank opens branches in Ajman, RAK

The UAE Food Bank said that the number of operational sites of the Food Bank has become five after the opening of branches in Ras Al Khaimah and Ajman. “We are striving to achieve the vision of Sheikh …
( read original story …)


Posted on 07/05/2019

Dubai Launches Business-To-Gov’t Digital Wallet

Reports on Monday (May 6) said Dubai’s Department of Finance (DOF) has collaborated with Smart Dubai and emaratech to launch a digital wallet that facilitates digital payments to the government. …
( read original story …)


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