Tag: finance

Further, IPO activity in the first half (H1 … In the UAE, Industrial & Commercial Bank of China Limited – Dubai Branch (“ICBC”) listed three bonds on Nasdaq Dubai, amounting to $400 million, $300 million and EUR500 million. In Saudi Arabia, Acwa …
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Commodity hedge funds have dwindled in recent years as oil prices slumped … and Catherine Ngai in New York and Amanda Cooper in London; Editing by Lisa Shumaker) DUBAI (Reuters) – Four Arab countries that imposed sanctions on Qatar have told the United …
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As part of its commitment to support young generations and empower their roles at work and in the community; and develop an environment to showcase their abilities, the Ministry of Finance (MoF) organised “Youth Council of the Ministry of Finance …
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According to the new DRHP, available on the websites of the investment banks to the IPO, the firm is looking to raise around … across all the Gulf Cooperation Council states of United Arab Emirates, Oman, Saudi Arabia, Qatar, Kuwait and Bahrain, as …
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DUBAI–(BUSINESS WIRE)– Holborn Assets, the international financial advice firm head quartered in Dubai, has announced today a brand new internship opportunity for six ambitious, driven students and graduates. Successful candidates will work closely with …
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Smartphones are now the gateway to your banking transactions, paving the way for more mobile apps and digital payment solutions to ease your lifestyle by reducing branch visits. This has indeed kept pressure high on the UAE banking sector to innovate and …
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Dubai: Credit rating agency Moody’s Investors Service has changed the outlook on Qatar’s banking system to negative from stable due to the weakening operating conditions and continued funding pressures facing Qatari banks. The rating agency’s new outlook …
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The number of automatic teller machines (ATMs) operated by banks in the UAE hit 5,219 by the end of H1, an increase of two per cent from 5,118 in H1 2016, according to UAE Central Bank statistics. The number of national banks stood at 23 in Q2 2017, with …
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The Gulf crisis, which saw Arab allies of Saudi Arabia including the United Arab Emirates boycott Qatar, threatens Dubai’s standing as regional financial hub, the CEO of international bank Standard Chartered said on Monday. “There is a lot of benefit we …
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The number of automatic teller machines (ATMs) operated by banks in the UAE hit a total of 5,219 by end of H1, an increase of 2 per cent from 5,118 in the same period in 2016, according to UAE Central Bank statistics. The continual rise in ATMs in the …
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Heads up: RAK Bank has said that they will no longer accept cash cheques at all from September 1 onwards. Why won’t the major bank clear cash cheques? They’ve said it’s all about protecting customers from “an increasing trend of fraud”.
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The boss of Standard Chartered has warned that Dubai risks damaging its status as a financial centre as a result of the trade boycott of Qatar by a Saudi-led bloc, which includes the United Arab Emirates. Standard Chartered is a major lender across the …
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The Economic and Financial Crimes Commission has arrested a Dubai-bound Nigerian … Operatives of the Commission discovered that the suspect had 490 Guaranty Trust Bank ATM cards, 287 of Access Bank, 49 of Eco Bank, 10 of UBA, six of Stanbic IBTC Bank.
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Dubai: Farad, a Malaysian company … operating independently of a central bank. Bitcoin is the most famous example of a cryptocurrency. In simple terms, an investor will purchase a Farad cryptoken, which will be backed by the manufacturing of state …
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He was reportedly preparing to board an Egypt Air flight heading for Dubai, United Arab Emirates … It was discovered that the suspect had 490 Guaranty Trust Bank ATM cards, 287 of Access Bank, 49 of Eco Bank, 10 of UBA, six of Stanbic IBTC …
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DUBAI: The New York Stock Exchange … which is believed to be looking to raise up to $100 billion next year in the biggest IPO in history, he made it clear that NYSE wants to stage the Aramco IPO, and has already had talks with the Saudi giant.
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LONDON (Reuters) – The boss of Standard Chartered (STAN.L) has warned that Dubai risks damaging its status as a financial center as a result of the trade boycott of Qatar by a Saudi-led bloc, which includes the United Arab Emirates. Standard Chartered is a …
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