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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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