Tag: hedge fund

Yalla Group Limited (YALA) intends to raise $149 million in an IPO of its American Depositary Shares [ADSs] representing underlying Class A shares, according to an F-1 registration statement. Dubai, …
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Covid-19 offers an opportunity for more integrated and transformative growth with a higher degree of standardisation, stronger focus on the industry’s …
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The news, announced August 13, has led to a slew of deals in recent weeks, with the establishment of a business council and signing of finance, tourism, and other agreements. In what some are calling …
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Saudi Arabia’s BinDawood Holding said on Thursday a development relating to the supermarket retailer that requires disclosure in a supplementary prospectus would delay the retail part of an initial …
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Saudi Arabia’s BinDawood Holding said on Thursday a development relating to the supermarket retailer which requires disclosure in a supplementary prospectus would result in a delay of the retail part …
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The United Arab Emirates central bank said banks should increase anti-money laundering efforts to safeguard financial stability in the country. Adds details DUBAI, Sept 24 (Reuters) – The United Arab …
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According to the central bank report, the third quarter would register a milder contraction of the non-hydrocarbon GDP that could linger, albeit at a much milder pace, in the four …
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Dubai voice-chat app Yalla (YALA) updates the terms of its NYSE IPO to specify 18.6M ADSs at $7-9 per ADS.Underwriters have a 30-day option to purchase an additional 2.79M ADSs at the offering …
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Yalla Group, which provides a voice-centric social networking and entertainment platform in the Middle East and North Africa region (MENA), announced terms for its IPO on Wednesday. The Dubai, United …
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ABU DHABI – The Ministry of Finance, MoF, announced today the details of the Cabinet … “This resolution resulted from constructive consultations undertaken by the UAE with its partners in the …
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The strategic historical bilateral ties between the UAE and Saudi Arabia were laid by the UAE’s Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, and was further strengthened by the …
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The economy of the United Arab Emirates will suffer a deeper contraction this year than first estimated, dragged down by disruptions caused by the coronavirus pandemic, according to the country’s …
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H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, received today at his palace in Zabeel Sheikh Rashid bin Humaid Al Nuaimi, Chairman of the Municipality and …
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So, bringing down the employee numbers is the only way to manage costs – and most of the cuts will continue to happen in the mid- and senior management levels. “Salary reinstatements will not happen …
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DUBAI- Financial services firm Barings has partnered with Abu Dhabi state investor Mubadala to provide financing solutions to European middle-market businesses, it said on Tuesday. Barings Mubadala …
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The Italian Minister of Finance also stressed the importance of strengthening economic ties between the two countries and continuing international cooperation to overcome the pandemic. The UAE’s …
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Stay up-to-date with Islamic Finance market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth.
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