Dubai corporate sector will be major beneficiary of cloud infrastructure development by Amazon Web Services (AWS) and it will boost trade and investment as well as attract global talent into the …
( read original story …)
BRICS New Development Bank Admits Bangladesh, UAE, Uruguay; India Welcomes New Members
India welcomed the newly appointed members chosen under the expansion drive, Indian External Affairs Ministry spokesman Arindam Bagchi said on September 4 …
( read original story …)
Emirates Global Aluminum close to naming US banks as lead underwriters for planned IPO: sources
All 3 US banks, including Citigroup, could be named for blockbuster IPO Abu Dhabi: Emirates Global Aluminium, the Middle East’s biggest producer of the metal, is poised to select three US banks as …
( read original story …)
International Islamic Trade Finance Corporation (ITFC) and FCI to host Online Conference on Islamic International Factoring
The International Islamic Trade Finance Corporation (ITFC) ( member of the Islamic Development Bank Group (IsDB) is partnering with FCI to host an online conference on Islamic International Factoring.
( read original story …)
Mubadala-Backed EGA Taps Banks for IPO at $15 Billion Value
Emirates Global Aluminium, the Middle East’s biggest producer of the metal, is poised to select three U.S. banks as lead underwriters for its potential initial public offering, people with knowledge …
( read original story …)
Binance US eyes IPO; NFT craze persists: market wrap
The US affiliate of Binance is eyeing an initial public offering within three years, CoinDesk has reported, citing its CEO Changpeng Zhao. Zhao was quoted saying Binance.US “is just going to do what …
( read original story …)
PayBito’s Portfolio Management Solutions to be Deployed in Dubai-based Brokerage Firm
PayBito to provide its portfolio management system software to a Dubai-based Brokerage Firm. Management delights in the continued success of the product. PALO ALTO, Calif., Sept. 3, 2021 …
( read original story …)
Mubadala Taps Banks for IPO of $15 Billion Aluminum Business EGA
A share sale could value EGA, the Middle East’s biggest aluminum producer, at more than $15 billion, the people said. Emirates NBD Bank PJSC and First Abu Dhabi Bank PJSC are also expected to have …
( read original story …)
Trading arm of UAE’s ADNOC secures $1.2bln credit facility
DUBAI- Abu Dhabi National Oil Company (ADNOC) said on Thursday its trading arm has closed a $1.2 billion credit facility with a group of seven local and international banks. The loan will be used to …
( read original story …)
Saudi Arabia’s ACWA Power launches IPO
Saudi Arabian utility developer ACWA Power on Thursday announced its intention to float on the Riyadh bourse in an initial public offering (IPO) sources have said could raise more than $1 billion.
( read original story …)
Trading arm of UAE’s ADNOC secures $1.2 billion credit facility
Abu Dhabi National Oil Company (ADNOC) said on Thursday its trading arm has closed a $1.2 billion credit facility with a group of seven local and international banks.
( read original story …)
BRICS bank NDB admits UAE, Uruguay, Bangladesh as new members
NDB has initiated its membership expansion and started formal negotiations with prospective members in late 2020, the bank said in a press release.
( read original story …)
BRICS-backed New Development Bank admits UAE as new member
The New Development Bank (NDB), founded by BRICS states Brazil, Russia, India China and South Africa, has admitted the United Arab Emirates (UAE) as its new member. “We warmly welcome the UAE into the …
( read original story …)
Jobs in UAE: Earn up to Dh20,000 salary, companies post vacancies
Companies from healthcare, construction and other sectors have advertised to recruit highly qualified professionals in the UAE.Offering salaries between Dh5,000 to Dh20,000 per month, local companies …
( read original story …)
BRICS-backed National Development Bank admits UAE as new member
The National Development Bank (NDB), founded by BRICS states Brazil, Russia, India China and South Africa, has admitted the United Arab Emirates (UAE) as its new member. “We warmly welcome the UAE …
( read original story …)
UAE banks, FSIs under pressure to increase security
Eighty-two percent of IT decision makers working in banks and financial service institutions (FSIs) in the UAE are under pressure to level up their security protocols, according to new research from …
( read original story …)
NDB admits UAE as new member
The New Development Bank (NDB) – established by BRICS (Brazil, Russia, India, China and South Africa) in 2015 – has admitted the United …
( read original story …)