Tag: ipo

The Dubai government on Sunday said that it had secured $3 billion in long-term financing for expansion of its airports. The deal, for which HSBC acted as financial adviser, included a $1.63 billion, seven-year conventional loan and a $1.48 billion ... ( read original story ...)

This week, the focus is on access to other markets from the UAE. According to the world bank's financial inclusion data/global findex report, the total percentage of the UAE population with a formal savings account is 32 per cent. This is despite the ... ( read original story ...)

Dubai headquartered Mashreq could become a branchless bank thanks to new automation and self-service technology, said its CEO Abdul Aziz Al Ghurair in a speech this week to mark the bank's 50th anniversary. An announcement about a new digital only spin-off ... ( read original story ...)

DUBAI The Dubai government said on Sunday that it had secured $3 billion in long-term financing for expansion of its airports. The deal, for which HSBC acted as financial adviser, included a $1.63 billion, seven-year conventional loan and a $1.48 billion ... ( read original story ...)

The Ministry of Finance (MoF) recently held the second meeting of the Government Financial Policy Coordination Council for 2017 in its headquarter in the Dubai. The meeting was headed by HE Younis Haji Al Khoori, Undersecretary of MoF and Chairman of the ... ( read original story ...)

Dubai bank Mashreq will be launching a new digital bank this year, its CEO Abdul Aziz Al Ghurair confirmed on Wednesday. Speaking to reporters, Al Ghurair said the new lender would provide all the regular banking services but have “no branches”. ( read original story ...)

Mashreq Bank, the UAE’s oldest privately owned bank, is celebrating its 50 year anniversary in the United Arab Emirates today at the Dubai Opera. With 50 years of achievements, the bank is the market leader when it comes to product and service innovation ... ( read original story ...)

While the hedge fund appreciated the board overhaul and the operating experience ... head of event-driven research at Gordon Haskett. DUBAI/MILAN/PARIS (Reuters) - The naming of a new boss at Etihad Airways presents the Gulf carrier with an opportunity... ( read original story ...)

Dubai has historically been a central hub for gold trading ... So feel free to fire a couple traders and seed their new hedge funds. Then do all your deals with them via a closely held Singapore shell in which you control the voting shares. ( read original story ...)

Alphabit is registered in Dubai and the Cayman Islands. Fees include 2.5% for management and 45% for performance. The latter will only apply if the fund outperforms the price of Bitcoin, said Robertson, a former currency trader at hedge fund Light Peak ... ( read original story ...)