Tag: ipo

On the heels of Saudi Arabia’s central bank's (SAMA) future launching of a framework for open banking in the kingdom during H1 2022, there is a buzz of excitement among fintech players who are already ... ( read original story ...)

The move could open the market to numerous fintech services, spurring competition and increasing users' options when it comes to managing their own finances. ( read original story ...)

Dubai Islamic Bank & EMAAR Karachi Ltd signed an agreement to promote home financing for their current... KARACHI: Dubai Islamic Bank & EMAAR Karachi Ltd signed an agreement to promote home financing ... ( read original story ...)

Dubai Holding Investments Group LLC, a unit of Dubai Holding (family enterprise controlled by Dubai’s ruler) acquired a 51.4% stake in Class A shares in Och-Ziff Capital Management Group, a U.S. hedge ... ( read original story ...)

Qatar Insurance Co., which will retain a 25 per cent stake in QLM after raising 659 million riyals ($180 million) from the sale, fluctuated between gains and losses as most shares in the Qatar ... ( read original story ...)

CLS announced on Monday its partnership with two new banks, Alfa-Bank and First Abu Dhabi Bank, that agreed to use payment netting calculation services CLSnet. ( read original story ...)

Donald Trump's business partner in Dubai on Wednesday said he was interested in expanding their commercial relationship despite the storming of the U.S. Capitol last week. ( read original story ...)

Citigroup’s wealth-management business in the UAE plans to triple assets under management to $15 billion over the next five years by increasing the number of its client-relationship managers. As part ... ( read original story ...)

Abu Dhabi’s biggest lender, has issued a $500m five-year sukuk, which is the lowest-ever yield on any five-year MENA bank USD issuance, issued at MS+90bps (all-in yield of 1.411 per cent) through FAB ... ( read original story ...)

First Abu Dhabi Bank (FAB), the UAE's largest bank, on Monday announced it has issued the first sukuk globally in 2021. The bank said it has issued the lowest-ever yield on any five-year MENA bank US ... ( read original story ...)