Rich tributes from top officials and prominent Emiratis are pouring in for Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and the Minister of Finance and Industry, who passed away in Dubai …
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Covid pandemic to have ‘long-lasting’ impact on Gulf banking sector, says S&P
Rating agency says GCC banking ops will remain constrained after setting aside $10.9bn in credit loss provisions …
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RIP: The legacy of the late UAE finance minister Sheikh Hamdan bin Rashid Al Maktoum
The deputy ruler of the emirate of Dubai, Sheikh Hamdan bin Rashid Al Maktoum, has died at the age of 75. He was a top-notch financial personality. Dubai announced 10 days of mour …
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SPACs cause headache for UAE bourses amid lacklustre IPO market
Firms in the UAE are increasingly seeking fast-track listings in New York through mergers with special purpose acquisition companies (SPACs), posing a fresh challenge to local bourses which are …
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UAE finance minister and Dubai deputy ruler Hamdan dies
The United Arab Emirates finance minister and the deputy ruler of the emirate of Dubai, Sheikh Hamdan bin Rashid …
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Increased Banking Trojans in UAE in 2020: Kaspersky
Kaspersky Security Network (KSN) statistics around cybersecurity threats in the United Arab Emirates indicates that overall malware infections have decr …
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UAE international reserves surge to $141.41bln
The UAE banking system’s international reserves is expected to rise further in the coming period, reflecting the improvements across the system’s indexes in recent months. Rec …
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UAE international reserves surge to Dh519b
The international reserves of the UAE banking system have grown by Dh12.6 billion over three months, from November 2020 to January 2021, to Dh519 billion, the Central Bank of the UAE (CBUAE) has …
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Singapore and Dubai: The future of private banking
Outwardly different, Singapore and Dubai have transformed themselves into international wealth management hubs, overseen by clear-minded regulators. They are now starting to compete for business with …
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Announcement of Intention to Float on the Dubai Financial Market
Tristar Transport (PJSC – under incorporation) (“Tristar” or the “Company” or, with its subsidiaries and subsidiary undertakings, the “Group”), a leading global integrated liquid logistics solutions …
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Dubai Eyes Its Second IPO in Three Years With Tristar Listing
Middle Eastern logistics firm Tristar Transport is looking to raise between $120 million and $160 million in an initial public offering in Dubai next month, in what would be only the financial hub’s …
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DeFi Goes Mainstream: B26 Finance Becomes Official Sponsor for the Falcons, Dubai’s Basketball Team
PRESS RELEASE. B26 Finance, the world’s first blockchain-based self-banking service, has recently been released to the world. Being a relatively new …
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DFM shareholders approve financial statements for 2020
Shareholders of the Dubai Financial Market Company (DFM) have approved the Balance Sheet for the financial year ending 31 December 2020, during the Company’s Annual General Meeting held on Monday.
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Barbeque Nation IPO to open on Wednesday; sets price band at Rs 498-500 per share
Barbeque Nation Hospitality is backed by private equity investor CX Partners and the “big bull” Rakesh Jhunjhunwala’s investment firm Alchemy Capital.
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Hedge-Fund Trader’s $2 Billion Tax Trial Begins in London
Cum-Ex case against hedge-fund trader Sanjay Shah and his associates kicked off in London, just one week after he was charged in Germany.
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Dubai International Financial Centre (DIFC) Joins the World Alliance of International Financial Centers (WAIFC)
Dubai is a leading global financial center … Together we can make progress on areas such as FinTech, innovation, sustainable finance and developing digital economies. We can align our approaches …
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Barbeque Nation IPO open date: Top 10 things to know before investing your money
Casual dining restaurant chain Barbeque Nation is coming out with its Initial Public Offering (IPO). Barbeque Nation IPO open date is 24 March 2021 (Wednesday). The company was founded in 2006 and it …
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