Tag: ipo

Shuaa Capital and National Bonds have announced plans to launch a joint venture in Saudi Arabia to offer savings and investments schemes in the Gulf kingdom. The partnership aims to meet a growing demand for investment and savings solutions in the kingdom ... ( read original story ...)

Dubai: Last week the Dubai Financial Market General Index (DFMGI) got hit hard, falling 110.06 or 3.62 per cent to end at 2,928.17. That’s its largest one-week decline since early November 2017. Weakness was widespread as there were only five advancing ... ( read original story ...)

Provided by Khaleej Times UAE, Saudi Arabia set to spur IPO boom The initial public offering (IPO) activity in the Middle East is poised to pick up in the second half of 2018 after a slow start in the first half as the result of a privatisation drive ... ( read original story ...)

Dubai: The Dubai Financial Services Authority, DFSA, has entered into a Memorandum of Understanding with the Astana Financial Services Authority, AFSA. The MoU was signed in the Dubai International Financial Centre, DIFC, by Bryan Stirewalt, Managing ... ( read original story ...)

Law360, London (June 22, 2018, 9:15 PM BST) -- The top appeals court for U.K. overseas territories has dismissed claims that Investcorp Bank BSC breached an agreement with a Dubai-based businessman who lost out when a series of leveraged hedge fund ... ( read original story ...)

The UAE’s Central Bank decision to cap fees and commissions on select banking services may drive some lenders to raise interest rates to cover their risk, banking analysts said. The regulator’s move will mainly affect retail banks, who may see an ... ( read original story ...)

While credit card and home loan customers will benefit from the bank fees overhaul by the UAE's Central Bank, some borrowers will lose out, according to analysts who have seen the Amendment circular detailing the changes. Of the 43 capped fees on retail ... ( read original story ...)

The Central Bank of the UAE (CBUAE) has made a significant move to eradicate injustice by setting a maximum limit on fees and commissions charged by the banks. Brought into effect on Tuesday, June 19, expatriates and entrepreneurs living and working in the ... ( read original story ...)

Between all the interest rates, car repayments and hidden charges, it can all be a bit much. Thankfully, the UAE Central Bank has announced that it will be placing new caps on the certain fees that banks and other lenders can charge their customers in the ... ( read original story ...)

The UAE Central Bank (CBUAE) has announced new maximum limits or ‘caps’ for fees or commissions charged on retail customer service in a move to protect consumers against arbitrary levying for various services, a media report said. The fee caps apply to ... ( read original story ...)