ABU DHABI – President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a Federal Decree restructuring the Board of Directors of the Central Bank of the UAE, CBUAE, under the chairmanship of …
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UAE banking resilient; Covid poses challenges
The UAE banking system entered 2020 from a strong position despite the significant uncertainties from the Covid-19 pandemic.
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Saudi Arabia’s Almana General Hospitals in early talks for IPO-sources
Saudi Arabia’s Almana General Hospitals (AGH) is in early talks with banks about an initial public offering on the kingdom’s Tadawul exchange, two sources with knowledge of the matter told Reuters. By …
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UPDATE 1-Saudi Arabia’s Bindawood postpones IPO to September -sources
Saudi Arabian supermarket retailer Bindawood Holding has postponed its planned initial public offering (IPO) to September, two sources with knowledge of the matter told Reuters.
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MIDEAST DEBT-Real estate giant’s downgrade may increase Dubai financing cost
A downgrade last week of Dubai’s flagship real estate company will likely push up the emirate’s borrowing costs if it decides to refinance $750 million in bonds due in October, bankers and analysts …
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Saudi Arabia’s Bindawood postpones IPO to September -sources
Saudi Arabian supermarket retailer Bindawood Holding has postponed its planned initial public offering (IPO) to September, two sources with knowledge of the matter told Reuters.
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Transguard Group Further Solidifies its Position in the Finance, Banking and Government Sectors
He has vast experience in Global Asset Management and distribution for global market products across the GCC, MENA, Asia and global financial institutions …
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Saudi stock market sees IPO activity returning after Covid-19 slump
Saudi Arabia’s stock exchange expects share sales to pick up after coming to a halt during the early stages of the coronavirus pandemic. There are as many as 10 companies planning initial public …
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UAE- Combating coronavirus: Don’t let Covid-19 wreck your credit score
When you’re struggling to make ends meet, it is easy to cross out loan and debt payments from the long list of bills you have to settle for the month. However, experts warned this could lead to bigger …
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UAE explores cooperation and investment opportunities with Jersey
LONDON, 14th July, 2020 (WAM) — The UAE Embassy in London, in cooperation with the Ministry of Economy, has discussed cooperation and investment opportunities with the Government of Jersey via …
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Saudi bourse says derivative product to boost investment profile ahead of IPO
These comments came as the Saudi Stock Exchange earlier announced that its derivatives market would launch on August 30 …
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UAE stocks stumble, again led by real estate and banking
On UAE indices, real estate and banking stocks again came under pressure, with DFM dipping 0.72 per cent, while ADX slipped 0.54 per cent. Among blue-chips, Commercial Bank of Dubai was down 4.86 per …
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UAE completes phase 1 of e-Dirham transformation
The UAE’s Ministry of Finance (MoF) has announced the completion of phase one of the transformation of the e-Dirham system, in cooperation with relevant ministries and national banks across the UAE.
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UAE- Money makes the world go round – how will new FinTech companies change the payment landscape?
Dubai and DIFC’s ranking as one of the … DIFC’s commitment to driving the future of finance means we will always be there to find new ways to advance the money services sector.
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A Marxist Guide to Understanding the Gulf States’ Political Economy
An Emarati petrol station is pictured with the Burj Khalifa on September 7, 2015, in Dubai, United Arab Emirates … in what became the world’s largest initial public offering (IPO) to date. This was …
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UAE the perfect place for post-pandemic business, Jersey firms told
Companies from the Channel Island of Jersey should look to partner with the UAE and its business-friendly environment as the world begins to emerge slowly from months of lockdown over the Covid-19 …
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Libya Halts Oil Exports Again and Blames the UAE for Blockade
(Bloomberg) — Libya’s National Oil Corp. declared force majeure on exports again, accusing the United Arab Emirates of being behind a blockade as chaos continued to engulf the country’s oil …
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