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Tag: finance

Posted on 23/01/2019

$750m DIB sukuk listed on Nasdaq Dubai

Nasdaq Dubai welcomed the listing today of a $750 million sukuk by Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE. It is Nasdaq Dubai’s first sukuk listing of 2019 and DIB’s seventh alt…
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Posted on 23/01/2019

Dubai Islamic Bank lists $750 million sukuk on Nasdaq

Dubai: Nasdaq Dubai welcomed on Tuesday the listing of a S$750 million sukuk by Dubai Islamic Bank, (DIB). It is Nasdaq Dubai’s first sukuk listing of 2019 and DIB’s seventh altogether on the …
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Posted on 22/01/2019

Three from UAE among world’s most valuable brands

Three brands from the UAE – Etisalat, Adnoc and Emirates airline – figure among the world’s 500 most valuable brands, according to the latest Brand Finance Global 500 report. Growing on average 13 per …
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Posted on 22/01/2019

Dubai Financial Market : DFM says allocation account service gaining traction

Dubai: The Dubai Financial Market (DFM) said on Tuesday that its allocation account service is gaining traction, with Arqaam Securities actively utilising it to conduct trade for its client base of in…
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Posted on 22/01/2019

Saudi retail giant said to restart plan for IPO for malls

The conglomerate has been planning the IPO since 2014 when it hoped to raise $2 billion … newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to …
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Posted on 22/01/2019

Private Equity Associate – Robert Walters – Dubai Jobs

Our client is a multi-billion-dollar global alternative investment manager, it operates across a variety of asset classes and structures within the alternative landscape including hedge funds, separat…
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Posted on 22/01/2019

UAE-based Etihad Credit Insurance welcomes Lord Mayor of London

Following the Lord Mayor of London’s visit to the Etihad Credit Insurance, an MoU was signed between ECI and UK Export Finance to boost confidence in trade and investment between the UAE and the UK Du…
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Posted on 22/01/2019

Six in 10 UAE residents rely on their gratuity to fund their retirement

Six in 10 UAE residents depend on their end of service gratuity payment to fund their retirement, a survey has found, highlighting the major role the benefit plays. According to the study from financi…
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Posted on 22/01/2019

UAE Ministry of Finance organises workshop on the implementation of Decree No. 15 of 2018

Director of General Revenue Department, MoF, financial department directors, internal audit officers, legal department representatives and revenue accountants participated in the workshop. Dubai, UAE: …
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Posted on 22/01/2019

Dubai Mall to get new pedestrian bridges in February

The new bridges are seen to boost Dubai Mall’s visitor traffic, and allow shoppers to access the mall from the Zabeel side of the Financial Centre Road. Dubai Mall has already logged 80 million …
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Posted on 22/01/2019

The Mint Corporation (CVE:MINT) Financial Platform for Unbanked Adds 100,000 New Customers

Vikas Ranjan: Yes, part of United Arab Emirates, which has, I believe, seven Emirates. Ed Milewski: Obviously a financial centre in its own right. Vikas Ranjan: Yes, absolutely. And Dubai is a very di…
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Posted on 22/01/2019

Dubai Financial Market : Hamdan Bin Mohammed to Lead UAE Delegation to World Economic Forum in Davos

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, will head the UAE delegation to the forty-ninth session of the World Economic Forum, which will be held in Davos, Switzerl…
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Posted on 22/01/2019

UAE- Save early for a comfortable retirement

These new practices mean that creating a financial plan, which takes into account … despite the fact that the UAE has always ranked highly in the region for its end of service benefits, where …
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Posted on 22/01/2019

UAE’s biggest Islamic bank lists $750m sukuk on Nasdaq Dubai

It is Nasdaq Dubai’s first sukuk listing of 2019 and DIB’s seventh altogether on the exchange. Nasdaq Dubai on Tuesday welcomed the listing of a $750 million sukuk by Dubai Islamic Bank (DIB), the lar…
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Posted on 21/01/2019

Saudi Arabia and UAE to launch new banking crypto-currency

A Saudi-Emirati pilot crypto-currency was announced at the inaugural meeting of the Saudi-Emirati Coordination Council in Abu Dhabi last week. A number of joint blockchain and digital currencies joint …
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Posted on 21/01/2019

Saudi-UAE cryptocurrency pilot could revolutionise cross-border payments

The central banks of the UAE and Saudi Arabia want to pilot a shared digital currency for cross-border bank transactions, they said on Saturday, a move that could revolutionise the remittance industry …
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Posted on 21/01/2019

Dubai’s Mashreq posts slight rise in full-year profit

Reuters Mashreq, one of Dubai’s oldest lenders that is controlled by the Al Ghurair … “Much of this can be attributed to the bank’s focus on strategically acquiring good assets and growing the loan …
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