Tag: finance

In order to strengthen presence in the Arabian Peninsula, Amazon AMZN has rolled out Prime services in the United Arab Emirates (UAE). The company expanded e-commerce operations in the UAE just a …
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DUBAI, UAE, June 13, 2019 /PRNewswire/ — Mashreq Bank, one of the leading financial institutions in the UAE, and Newgen Software were awarded the Best Process Automation Initiative in the Middle …
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(MENAFN – Khaleej Times) Dubai Islamic Bank outlined its plans on Monday to acquire Noor Bank, another Shariah-compliant financial institution based in Dubai, to emerge as the region’s most …
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UAE Exchange and Xpress Money. The company’s London IPO valued the company at $1.6bn and attracted institutional investors including BlackRock, Columbia Threadneedle Investments and Norges Bank. There …
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Cairo – Mubasher: Egypt’s government will commence the second phase of the state’s initial public offering (IPO) programme in September as planned, the public enterprise minister told Enterprise. The …
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“Economic reforms and market development initiatives are high on the agenda of regional governments, particularly in Saudi, Egypt and the UAE, which will pave the way for a buoyant Mena IPO market in …
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The ethical treatment of animals is a cause core to my being so I became a cheerleader for Beyond Meat, though I know nobody in the UAE who was allocated shares in the $240 million IPO in early May. …
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UAE-based eyewear retailer Magrabi plans to expand globally and … Magrabi also said that the company plans to launch an e-commerce website in 2020 and is still considering an IPO. This Ramadan, …
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Economic reforms and market development initiatives are high on the agenda of regional governments, particularly in Saudi, Egypt and the UAE, which will pave the way for a buoyant MENA IPO market in …
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“There’s never really a right time to announce departures or changes like this, but with the IPO behind us, I felt this was a good moment to simplify our org and set us up for the future,” …
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The deal has now received approval from the UAE Ministry of Economy … in the first quarter of 2019 and has been under the spotlight for its less than stellar IPO. Compounding the San Francisco-based …
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The last initial public offering in the United Arab Emirates was in 2017. Once debt-averse … Just as the debt market was opening up, an IPO drought settled over the region, and it shows no sign of …
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The Dubai International Financial Centre (DIFC) has introduced a new insolvency law, which will place the financial centre in line with best practices and at the forefront of complicated debt …
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Numisbing, a Dubai-based numismatics and arts company, is planning to IPO on Nasdaq First North Stock Exchange in Stockholm, Sweden, next month. The company, valued at AED100 million with 75 percent …
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The Abu Dhabi Global Markets and Dubai International Financial Centre free zones already have blockchain-specific regulations in place. Not only that but UAE and Saudi-Arabias’ central banks are also …
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Dubai Islamic Bank PJSC is proceeding with plans to acquire a smaller local rival as the United Arab Emirates’ biggest Islamic lender joins a regional wave of mergers and acquisitions. The shares …
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Dubai: Emirates Islamic, belonging to Emirates NBD Group, is gaining traction in asset growth, profitability and asset quality, thanks to strong demand for Islamic banking services, a sharply focused …
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