The GCC region recorded a total of 18 IPOs in 2018 valued at US$2,564.6m Saudi Arabia leads in both IPO volume and value in 2018 with 12 IPOs valued at US$1,472.4m Dubai, UAE: In 2018, the MENA region …
( read original story …)
National Bank of Fujairah cements commitment to the trade finance sector by supporting the GTR MENA 2019
the bank aims to drive forward-thinking solutions to the trade finance sector in the region NBF’s contribution represents its growing commitment to supporting businesses in the UAE and its dedication …
( read original story …)
Nasdaq Dubai and Menacorp announce collaboration to raise capital markets investor awareness across MENA
Investor roadshows and other outreach will primarily focus on equity futures Campaign will increase synergies between UAE and regional financial markets. Dubai: Nasdaq Dubai, the region’s internationa…
( read original story …)
UAE hailed for plans to get ready for driverless future
The UAE was found to lead the world on road quality and the change readiness of its technology infrastructure, and also scored highly for its government’s overall change readiness (second). Ravi Suri, …
( read original story …)
Dubai-listed contractor DSI hires C-level specialists to spur turnaround
Dubai Financial Market-listed construction company Drake & Scull International (DSI) has filled three C-level executive jobs in a bid to boost profitability, successfully complete its turnaround, and …
( read original story …)
Why it pays for UAE companies to be sustainable
As the UAE government pushes to fulfil its commitment to sustainable development goals, it is urging financial institutions and companies to do their part. As well as being socially responsible, green …
( read original story …)
Ex-Hedge Funder Avoids More Prison For KIT Digital Fraud
Law360, New York (February 15, 2019, 10:12 PM EST) — An incarcerated former hedge fund boss was spared additional … for defrauding investors in Maiden Capital and KIT Digital via a Dubai-based inve…
( read original story …)
Emirates NBD ranked No.1 UAE banking brand
Dubai-based Emirates NBD on Sunday said it has been positioned as the UAE’s most valuable banking brand with a $4.04 billion valuation in The Banker’s annual brand valuation league table. The lender a…
( read original story …)
Is it time to sell the rallies on Dubai, Abu Dhabi stock markets?
The Dubai Financial Market general index 0.64 per cent higher on Sunday at 2,549.93, after rising 2.62 per cent in the last three sessions. Traded volume hit 200 million shares, the highest volume …
( read original story …)
Emirates NBD ‘top banking brand with $4bn value’
Emirates NBD, a leading bank in the region, today announced its position as the UAE’s most valuable banking brand with a $4.04 billion brand valuation in The Banker’s annual brand valuation league tab…
( read original story …)
UAE announces new international weapons deals as Middle East military spending soars
The United Arab Emirates announced about $1.35 billion in defense deals with local and international companies on the opening day of IDEX 2019, the International Defence Exhibition and Conference, in …
( read original story …)
Emirates NBD ranked UAE’s top banking brand
Dubai:Emirates NBD, a leading bank in the region, today announced its position as the UAE’s most valuable banking brand with a USD 4.04 billion brand valuation in The Banker’s annual brand valuation l…
( read original story …)
Dubai Financial Market gives real-time information on foreign ownership limit of listed firms
Dubai: The Dubai Financial Market said on Sunday it will give real-time data on the enhanced Foreign Ownership Limit (FOL) of listed companies on the bourse. The DFM will update the info in terms …
( read original story …)
What the UAE’s new life insurance regulations mean
Sean Kelleher, the chief executive of Mondial, a SCA-licensed financial advisory, says some investors end up confused because there are a number of different regulators in the UAE’s financial services …
( read original story …)
The Rise of Islamic Finance on China’s Belt and Road
particularly the United Arab Emirates (UAE), has become one of the most prominent Islamic financial centers in the world and in recent years has made important strides toward becoming the capital …
( read original story …)
Dubai digital bank is first to launch smartphone insurance plan
UAE mobile phone owners can now enjoy protection for their devices with a new mobile insurance plan from Liv., the lifestyle digital bank by Emirates NBD. A first in the UAE, Liv.’s Mobile Insurance, …
( read original story …)
JPMorgan, Goldman-Backed Payments Co Finablr Eyes IPO
However, we don’t know the size of the IPO. We expect a very good response because we have a very good track record,” Finablr Founder and Chairman B.R. Shetty said at a conference in Dubai. Goldman Sa…
( read original story …)