Tag: finance

Dubai logistics firm Tristar has asked investment banks to pitch for advisory roles for its planned listing in London, two sources told Reuters. Tristar is seeking to raise $250m in a potential …
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DUBAI (Reuters) – Dubai logistics firm Tristar has asked investment banks to pitch for advisory roles for its planned listing in London, two sources told Reuters. Tristar is seeking to raise $250 …
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Dubai’s biggest bank will save about $400 million in a deal to buy Turkey’s Denizbank AS after the lira slumped and economic growth stalled since the deal was announced 10 months ago. The United Arab …
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Meanwhile, Dubai-based Network International, itself a dominant player in the Middle East, is seeking about 580 million pounds ($757 million) in a London IPO that will allow its original founder, …
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and other key markets across Asia and Europe gained on Monday on the back of the UAE’s Network International IPO on London, Aramco’s strong profitability, soft Brexit expectations and stronger China …
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Dubai: Ducab, one of the UAE’s largest manufacturing businesses, has appointed Mr. Meshal Al-Naqbi to the position of Chief Financial Officer, taking responsibility for the management of the company’s …
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The Responsible Finance & Investment Foundation (RFI) has partnered with Dubai Islamic Bank and UNHCR to organise a roundtable on April 28 about strategic philanthropy and Islamic finance as a part of …
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DUBAI – Kuwait signed an agreement to support Bahrain’s economy as part of a series of fiscal reforms Bahrain has embarked on last year, Kuwait’s finance ministry said on Tuesday, formalising a …
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Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has received the Dubai Quality Award during the 25th …
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Last month, Dubai-listed Shuaa disclosed it had started talks on a possible merger with ADFG. With the potential merger, ADFG aims to become a regional financial powerhouse with interests in real …
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Kuwait, along with Saudi Arabia and the United Arab Emirates, pledged $10bn in financial aid to Bahrain last year to rescue the country from a potential debt crisis. The ministers of finance of …
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Dubai banking major Mashreq on Tuesday unveiled a reimagined branch format as part of its digital transformation strategy. In response to the evolving customer needs, Mashreq Bank said it will now …
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Mashreq Bank, one of the leading financial institutions in the UAE, has unveiled a reimagined branch format which blends digital innovation with the services of a traditional branch to allow customers …
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Osama Al Rahma said on Sunday at the annual Anti-Money Laundering (AML) & Operations Heads conference in Dubai that the group aims to establish committees and regular meetings to enhance commitment …
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the bank was adjudged the Asian Trailblazer of the Year – Institutional as well as Best Retail Bank – UAE. Emirates NBD was also highly commended in the Best Credit Scoring Innovation category for its …
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Abu Dhabi – Mubasher: The Central Bank of the United Arab Emirates reported a 1% decline in the Emirati banking sector’s total assets by the end of February. Total assets recorded AED 2.909 trillion …
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The UAE’s Foreign Exchange and Remittance Group (Ferg) on Sunday stressed its commitment to purge the emirates from financial fraud through strict compliance with anti-money laundering regulation. At …
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