Tag: ipo

Dubai-based ride hailing firm Careem will step up expansion ... Participants also included venture capital firm DCM Ventures and hedge fund Coatue Management. Sheikha said Careem could speed up existing plans to expand its number of registered drivers ... ( read original story ...)

Carmaker Daimler and Saudi Arabia’s Kingdom Holding, a firm owned by billionaire Prince Alwaleed bin Talal, have taken part in an $150 million investment in Dubai-based ride-hailing Venture capital firm DCM Ventures and hedge fund Coatue Management also ... ( read original story ...)

Check the latest gold rates in Dubai Spot gold is expected to drop to $1,243 per ... a trader at MKS PAMP Group, said in a note. Hedge funds and money managers raised their net long position in COMEX gold for the third straight week to the highest ... ( read original story ...)

BRENT-DUBAI EFS *Brent's premium to Dubai swaps was at $0.89 per ... at its Sakai refinery on Tuesday after planned maintenance. MARKET NEWS *Hedge fund managers have become very bearish about the outlook for oil prices as production from countries outside ... ( read original story ...)

will councils leadership decisions to internal research common and more time which been Hedge fund forex trading strategies and addition ... or comprehensive intermediaries and instead Ikon forex dubai might consideration standardized of 2. ( read original story ...)

DUBAI Qatar's riyal is being quoted weaker than its peg against ... His strategy may be working; after falling sharply in the offshore forwards market QAR1Y=W, which banks use to hedge exchange rates 12 months from now, the riyal has come off its lows ... ( read original story ...)

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, is now offering customers an instant funds transfer solution for those wiring money to India. Its new service ‘DIB Express Transfer’ guarantees that funds can be wired to any ICICI bank ... ( read original story ...)

Dubai: Kuwait’s Islamic financial services sector is growing rapidly, with Islamic banking emerging as the most developed component of the industry, according to a recent study by the International Monetary Fund (IMF). Kuwait’s Islamic banking industry ... ( read original story ...)

During Ramadan, hundreds of low-income families and labourers benefitted from surplus food donated by supermarkets and hotels through the first location of the UAE Food Bank. Since its launch back in April, the bank has received 25 tonnes of canned food ... ( read original story ...)

* Dana Gas seeking to have $700 mln sukuk declared invalid * Says Islamic finance has evolved since they were issued * Could increase perceived risk of sukuk issued in UAE * Dana seeking ruling in UAE court * Creditors would prefer English courts By ... ( read original story ...)