Blue Whale Acquisition Corp I, a new special purpose acquisition company (SPAC) formed by Abu Dhabi’s Mubadala Capital, announced on Wednesday that it raised $200 million by offering 20 million units …
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Cover story: Why Dubai businessman Dariush Soudi is confident about future success
From poverty to tragedy, Soudi has seen it all. Yet he persevered against all odds and now has a remarkable life story to share.
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Saudi Aramco aims to raise at least $17 billion from gas pipeline -sources
Saudi Aramco is looking to raise at least $17 billion from the sale of a significant minority stake in its gas pipelines, higher than the $12.4 billion raised from its oil pipeline deal, sources …
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Court acquits three Dubai Bank bosses in Sh12.6m theft case
A Nairobi court has acquitted three Dubai Bank senior managers of Sh12.6 million theft and money laundering charges. Milimani chief magistrate Francis Andayi on Friday freed Abdul Hafedh Zubedi, Ali …
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Dubai-based startup boosts personalised user experience for end consumers
Mast launched Customer Intelligence and Analytics App — an innovative new approach — that bridges a need-gap within the market.
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Dubai to unveil infrastructure sector investment opportunities in October
Dubai plans to present several infrastructure sector investment opportunities to local and international investors as it looks to build a “productive ecosystem” of public-private partnership in the …
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Strong loan book delivers Commercial Bank of Dubai Dh676m in H1-2021 net profit
Dubai: Commercial Bank of Dubai has become the latest UAE financial institution to confirm upbeat first-half 2021 numbers, with net profit at Dh676 million and a gain of 27.5 per cent on comparable …
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Exxaro Tiles IPO debuts at Rs 132 – a 10% premium over issue price
The initial public offering (IPO) of Exxaro Tiles, the firm that manufactures double charge vitrified tiles and glazed vitrified tiles, started off the first day trade on a strong note on August 16, …
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Saudi Aramco, UAE’s ADNOC Plan New Asset Sales
The biggest state-held oil firms in the Middle East, including Saudi Aramco and the Abu Dhabi National Oil Company (ADNOC), consider selling more assets to investors to monetize stakes in their variou …
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MIDEAST STOCKS Banking shares bolster most Gulf markets
Major stock markets in the Gulf ended higher on Sunday, largely driven by gains in financial companies and led by Saudi Arabia.
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Mobikwik appoints 4 independent directors to its board before its IPO
MobiKwik has appointed four new independent directors to its board. The change brings the total number of board members to seven. With this move, the startup is one step closer to being India’s first …
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UAE jobs: Banks hiring relationship officers; salary Dh7,000, plus incentives
Recruitment executives say finance is one of the top sectors in the UAE that will see an increase in workforce this year.
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At the UAE’s Service for Two Decades
ICICI Bank offers customised products and solutions to NRIs and PIOs as well as cross-border facilities and remittances …
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Progressing Towards the Future of e-banking
The State Bank of India constantly endeavours to create a digitally-empowered society with its cutting edge online banking solutions …
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Arab Bank “Best Bank in the Middle East 2021”
New York-based Global Finance magazine recently awarded Arab Bank the “Best Bank in the Middle East 2021” award, for the sixth year in a row. This global recognition came as part of Global Finance’s …
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terrible experience in my life – Hurricane’s Grill Dubai Mall
Hurricane’s Grill Dubai Mall: terrible experience in my life – See 309 traveller reviews, 669 candid photos, and great deals for Dubai, United Arab Emirates, at Tripadvisor.
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SBWC mentoring UAE’s business women to thrive in the post-Covid era
In collaboration with 33Voices, Mashreq Bank, and Mastercard, SBWC hosts four workshops under the title ‘The Reinvention of Business Post-Covid …
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