Tag: hedge fund

DUBAI: Dubai Islamic Bank PJSC (“DIB”), rated A3 by Moody’s and A by Fitch successfully priced its third Sustainable Sukuk – a landmark USD 1 billion 5-year senior issue with a profit rate of 5.243% …

Dubai Islamic Bank PJSC (“DIB”), rated A3 by Moody’s and A by Fitch successfully priced its third Sustainable Sukuk – a landmark USD 1 billion 5-year senior issue with a profit rate of 5.243% per …

The Emirate of Dubai has launched the privatisation of Parkin Company, the government’s public car park business, via an IPO on the Dubai Financial Market. In a regulatory filing on Tuesday, the …

The UAE has announced new tax fines of more than $2,700 for companies failing to register for Corporate Tax in the country.

12th March 2024 for UAE Retail Investors and on Wednesday, 13th March 2024 for Qualified Investors. The Internal Sharia Supervision Committee of Emirates NBD Bank PJSC has issued a Shariah …

DUBAI: The Dubai government is selling a 24.99% stake in Parkin, which oversees public parking operations in the emirate, through an initial public offering in the emirate’s first privatisation deal …

T he United Arab Emirates, home to the financial hub of Dubai, has been dropped from a global watchdog’s list of countries at risk of illicit money flows, a win for the nation t …

Parkin — which was spun out of the Dubai Roads and Transport Authority (RTA) late last year — is set to float 24.99 per cent of its shares …

Cotu Ventures, a Dubai-based venture capital fund, has launched its first funding platform that will invest in early stage start-ups in the Middle East and North Africa, as it aims to boost one of the …

Emirates Development Bank (‘EDB’ or the ‘Bank), the key financial engine of economic development and industrial advancement in the UAE, has unveiled its …

Customers can simply register with their Emirates ID and issue money transfers to and from other UAE banks via IBAN. Mohammed Wassim Khayata, CEO of Mbank, commented: “Al Maryah Community Bank is …

Retail investors to get 10% of stock float, and minimum of 2,000 shares Dubai: The UAE’s first IPO of 2024 will be from Parkin, the Dubai headquartered parking space operator, which is floating 24.99 …

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world …

Multiply Group has acquired an advertising firm based in the United Arab Emirates as it prepares for an initial public offering for its media business, according to its chief executive officer.

He gets their debt paid and donates funds for their air tickets to fly back to their home country. In a pre-Ramzan gesture, a UAE-based Indian businessman and philanthropist has donated 1 million …

Make informed financial decisions by asking your bank these 12 mortgage questions. Dubai: Are you dreaming of owning a home in the UAE or investing in its booming real estate market? A mortgage can …

Profitability of the top 10 lenders jumped 28.8 per cent year-on-year for 2023 on the back of a rising interest rate scenario …