Hrithik, Sussanne holidaying together in Dubai

Several other hedge funds and other institutional investors have also added ... but we completely understand that Raees was in the waiting for far too long. Dubai giant ups stake for majority share in Korean port PNC is the largest terminal in Pusan ... ( read original story ...)

China’s Gold Market Opens Up To Boost RMB Internationalization

In addition, the international board uses RMB for settlements, producing an effective convergence of the RMB offshore and onshore markets, expanding the cross-border use of the RMB and providing a new channel for return of funds. All these points steadily ... ( read original story ...)

UAE banks stay rooted in stability despite challenges

The banking system in the UAE was remarkably resilient in the face of multiple challenges throughout 2016 - be it low crude prices, contraction of government investment or unpredictable global political events. UAE banks continue to be well-capitalised and ... ( read original story ...)

UAE banks stay rooted in stability despite…

The banking system in the UAE was remarkably resilient in the face of multiple challenges throughout 2016 - be it low crude prices, contraction of government investment or unpredictable global political events. UAE banks continue to be well-capitalised and ... ( read original story ...)

DFM launches 'IPO Communications Guide'

Dubai Financial Market (DFM) launched on Monday its "IPO Communications Guide", as part of the exchange’s continuous efforts to develop various practical guides that explains the regulatory framework of going public as well as the international best ... ( read original story ...)

Careem plans 2019 IPO as it works toward profit

Dubai: Careem Networks FZ, which competes with Uber Technologies Inc in the Middle East, may sell shares to the public in the next three years after a fundraising round valued the company at about $1 billion (Dh3.67 billion). “We are on a path to ... ( read original story ...)

Saudi newspaper says report on huge Aramco stake sale was wrong

DUBAI Major Saudi Arabian newspaper al-Eqtisadiah retracted a report on Sunday that said state oil giant Saudi Aramco IPO-ARMO.SE planned to sell 49 percent of its shares over the next 10 years. The report published on Saturday was "completely wrong and ... ( read original story ...)