Tag: finance

Vice-President and Prime Minister of the UAE and Ruler of Dubai, launched the Emirates Food Bank as a humanitarian foundation that aims to inculcate the values of generosity and offering food, establishing Dubai as the region’s first city in achieving …
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Carolyne Allmark: In your opinion, what is the biggest difficulty when it comes to saving money for expat parents living in the UAE? Zeta Harwood: People come with an idea of what they want but, when they land, it’s easy to get caught up with your social …
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The lender has moved to court claiming ownership of the money that Hassan Zubeidi is pursuing as compensation for a botched electrification project. Collapsed lender Dubai Bank has filed a suit claiming the $11 million (Sh1.1 billion) its founder and …
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“Through the results of the research, it’s not surprising to see that the UAE continues to be rated highly globally for the financial benefits it offers. This has been one of the cornerstones of why people seek career opportunities here and it is …
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Bear in mind the UAE’s employment laws regarding sponsorship … “Monthly or fixed-term savings tools can offer a timely back-up when you are faced with unforeseen financial hurdles such as job loss,” says Barhaji. “It really is a good idea …
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The posts include charts of the Chinese Gold Market, the flow of gold from West to East via the London and Swiss gold markets, and the holdings of gold-backed Exchange Traded Funds (ETFs … with the UAE (Dubai) a distant third providing 16 tonnes …
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DUBAI: Investment Holding Group (IHG), the Qatari construction … IHG will be the first Qatari family business to get a listing in the Qatar Stock Exchange through an IPO, it said in a statement. “Given the group’s long expertise, we are confident …
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Dubai – Mubasher: UAE stock markets are still in an upward trend, but they need more catalysts and liquidity to support this positive performance, analyst told Mubasher. The Dubai Financial Market (DFM) leapt on Monday 0.8% to 3,552 points and the Abu …
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Several other hedge funds and other institutional investors have also added … but we completely understand that Raees was in the waiting for far too long. Dubai giant ups stake for majority share in Korean port PNC is the largest terminal in Pusan …
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Dubai – Mubasher: The UAE markets stability on Monday and for the rest of the week is subjected to the entry of the long-term institutional investments to make use of the prices of some mega firms. Investment portfolios tended on Sunday to purchase with …
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The Ministry of Finance (MoF) organised the third and final meeting of the Government Financial Policy Coordination Council for 2016 at its premises in Dubai. The meeting was headed by HE Younis Haji Al Khoori, Undersecretary of MoF and Chairman of the …
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In addition, the international board uses RMB for settlements, producing an effective convergence of the RMB offshore and onshore markets, expanding the cross-border use of the RMB and providing a new channel for return of funds. All these points steadily …
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The banking system in the UAE was remarkably resilient in the face of multiple challenges throughout 2016 – be it low crude prices, contraction of government investment or unpredictable global political events. UAE banks continue to be well-capitalised and …
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The banking system in the UAE was remarkably resilient in the face of multiple challenges throughout 2016 – be it low crude prices, contraction of government investment or unpredictable global political events. UAE banks continue to be well-capitalised and …
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Dubai Financial Market (DFM) launched on Monday its “IPO Communications Guide”, as part of the exchange’s continuous efforts to develop various practical guides that explains the regulatory framework of going public as well as the international best …
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Dubai: Careem Networks FZ, which competes with Uber Technologies Inc in the Middle East, may sell shares to the public in the next three years after a fundraising round valued the company at about $1 billion (Dh3.67 billion). “We are on a path to …
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DUBAI Major Saudi Arabian newspaper al-Eqtisadiah retracted a report on Sunday that said state oil giant Saudi Aramco IPO-ARMO.SE planned to sell 49 percent of its shares over the next 10 years. The report published on Saturday was “completely wrong and …
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