An Islamic bank in the UAE is emerging from the pandemic as acquisitive as ever and has identified new countries where it might expand next. With operations already in place in Pakistan …
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Update – UAE Introduces Corporate Tax
The United Arab Emirates (UAE) Ministry of Finance (Ministry) announced on 31 January 2022 that it will introduce a federal corporate tax regime for the first time in the UAE. A federal corporate tax …
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UAE’s Anghami, first Arab tech company to list on Nasdaq, begins trading
Read: Shuaa Capital invests in music streaming service Anghami Global investment company Franklin Templeton also joined as one of the pre-IPO investors … Lab’ in Dubai to be followed by …
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Emaar MGF, Two Others Seek Approval for IPO
DUBAI — Emaar MGF, a joint venture between Dubai-based Emaar … s stock market regulators to raise Rs35 billion and Rs40 billion, respectively, from the IPO exercise. Separately, another developer, …
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Emaar MGF, Two Others Seek Approval for IPO
DUBAI — Emaar MGF, a joint venture between Dubai-based Emaar … s stock market regulators to raise Rs35 billion and Rs40 billion, respectively, from the IPO exercise. Separately, another developer, …
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Emaar MGF and Two Other Property Firms Seek Approval for IPO
DUBAI — Emaar MGF, a joint venture between Dubai-based Emaar … s stock market regulators to raise Rs35 billion and Rs40 billion, respectively, from the IPO exercise. Separately, another developer, …
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Dubai Islamic Bank expects UAE to remain globally competitive after new corporate tax
Dubai Islamic Bank, one of the city’s biggest lenders, expects the United Arab Emirates to remain competitive after a new tax on business profits comes into effect next year. The UAE, of which Dubai …
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UAE will be competitive even with a corporate tax, says Dubai Islamic Bank CEO
Image Credit: Virendra Saklani/Gulf News Dubai: Dubai Islamic Bank, one of the city’s biggest lenders, expects the UAE to remain competitive after a new tax on business profits comes into effect …
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Chasing sky-high valuations, Dubai bankers switch to tech sector
“In the past, people got into investment banking because it was among the highest-paid jobs. Now they’re trying to build unicorns,” said Abuinnab, referring to companies that are worth $1 billion or …
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Dubai-based investor GII is spending Rs500m on a stake in India’s Bombay Shaving Co
Image Credit: Supplied Dubai: A Dubai-based investment fund GII … we needed an investor group that could guide us on building an IPO-able company. “Interactions with GII were always focused …
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Manyavar Parent Vedanta Fashion Ltd IPO Opens Today: Should You Buy?
The IPO will be open for four days till February 8 and will be available … 58 shop-in-shops globally and 11 overseas EBOs in countries such as the US, the UAE and Canada which have a large segment …
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Manyavar IPO opens today — Check out the important dates and details of the IPO
Canada and the UAE. However, buying clothes from a famous brand is not similar to buying shares of the same company. Click here to read the analysts view on whether to subscribe to the IPO or not. The …
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Al Mal Capital Keeps ‘Outperform’ Rating on Drake & Scull
DUBAI – Al Mal Capital has kept its “outperform” rating … It has virtually negligible debt and a cash balance of over Dh1 billion from unused initial public offering (IPO) funds,” said Al Mal …
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UAE – Finance, technology and energy remain favoured investment options
The majority of respondents recognised finance, technology and energy as the favoured investment options. “Predictions are part and parcel of financial advisory. But, if 2021 was anything to go …
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Manyavar-owner Vedant Fashions collects Rs 945 cr from anchor investors ahead of IPO
Since the IPO is entirely an offer for sale … including 11 overseas EBOs across the United States, Canada and the UAE, which are countries with a large Indian diaspora.
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Apex Group appoints new managing director for Bermuda
In recent years, Mahon has been a consultant and chief operating officer for various companies including Dubai-based Eco3tech … Mahon held numerous senior fund administration and accounting roles at …
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UAE Wealth Funds Behind $10 Billion Israel Plans Scout for Deals
(Bloomberg) — Major United Arab Emirates wealth funds have discussed expanding into Israel to advance up to $10 billion in investments over the next decade, according to three people familiar with …
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