Tag: finance

Dubai’s financial services regulator said on Monday that it was in touch with the U.S. Securities and Exchange Commission about the latest case involving collapsed private equity firm Abraaj.
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DUBAI (Reuters) – Dubai’s financial services authority (DSFA) said on Monday its investigation into collapsed Dubai private equity firm Abraaj Capital Ltd and relevant companies and persons was …
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Mr. Varun Sood, Chief of Home Finance, Dubai Islamic Bank commented: As the largest home finance provider in the UAE, we continue to shape the dynamic skyline of the country and provide our customers …
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We now expect markets to keenly follow Dubai based banks raising their FOL such as Dubai Islamic Bank and Emirates NBD, says Chiro Ghosh, Vice-President, Financial Institutions at SICO Bank.
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AbdulAziz Al Ghurair, Chairman of UAE Banks Federation, noted recently that the UAE banking sector was undergoing an unprecedented period of transformation, with a number of dynamic market forces …
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A currency swap is a tool for defending against financial turmoil by allowing a country beset by a liquidity crunch to borrow money from others with its own currency. The UAE is South Korea’s …
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The Finance Ministers of Saudi Arabia, United Arab Emirates, Kuwait and Bahrain met on the sidelines of the 2019 Spring Meetings of the World Bank Group and International Monetary Fund yesterday. …
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A superb fighting partnership of 93 between PJ Moor (45 not out) and Regis Chakabva (78 not out) took Zimbabwe from the brink of defeat to an exciting victory by just four runs (Duckworth-Lewis method …
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The officials included Saudi Arabia’s Finance Minister Mohammed Al-Jadaan, UAE Sate Minister for Financial Affairs Obaid Al-Tayer and Bahrain’s Minister of Finance and National Economy Sheikh …
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Dubai: Network International’s initial public … According to a report by Mergermarket Network International’s IPO book saw concentrated allocation with the top 10 investors receiving half …
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From the outset, the ruling families of the seven UAE states bickered over everything from territory to sharing financial resources. The Nahayan family used its influence to have Abu Dhabi declared …
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(MENAFN – Dubai PR Network) Dubai, UAE, April 11, 2019: The Maritime Standard, the Dubai-based publisher and events organisers, has announced that the fifth annual The Maritime Standard Ship …
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Dubai: The success story of three former students of Dubai’s Al Noor Training Centre for Persons with Disabilities recently hit headlines when they did media coverage of the recent Special …
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This is despite the fact that 68 percent of investors said their hedge fund portfolio underperformed its target return in 2019. Zachary Cefaratti, CEO of Dubai-based fund platform Dalma Capital, said …
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Network International shares surged in London trading after the payments processor raised 1.1 billion pounds ($1.4 billion) in an initial public offering that’s the biggest listing in Europe so far …
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The Dubai Financial Market (DFM) general index closed 0.21 per cent higher at 2,807.96, after gaining 7.4 per cent in the past 10 sessions. Emaar Properties shares witnessed late buying.
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Finablr, the UAE holding company for businesses including Travelex and UAE Exchange, is planning to sell shares on the London Stock Exchange as it seeks to fund its expansion and reduce debt. The …
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