Tag: ipo

The research further showed that while London remained an important centre for construction-related insurance, increasingly engineering risks were underwritten from international hubs in Singapore, Dubai ... to engage in hedge fund trading with derivatives. ( read original story ...)

It sits in a dry dock in Dubai. In December 2016, a High Court judge ordered ... which last month made a hostile takeover offer for the company. The hedge fund is renowned for its use of sharp-elbowed tactics. Late last month, a 2005 court filing that ... ( read original story ...)

The UAE Central Bank (CBUAE) has announced an amendment to regulate ... CBUAE also instructed banks and finance companies to display the new fee caps on their websites. Going forward fees charged by the banks will be reviewed annually to ensure that ... ( read original story ...)

The Dubai Financial Market (DFM) index fell 1.45 per cent to end below the 3,000 mark for the second day in a row, at 2,939.33, as most stocks ended in the red. The Abu Dhabi Securities Exchange (ADX) general index, which a day earlier fell around 2.7 per ... ( read original story ...)

Dubai: The Central Bank of UAE on Tuesday announced that it has set new limits on fees or commissions charged on retail customer service. The fee caps apply to banking consumer related charges, for example, on home loans and late fees for credit cards. ( read original story ...)

Dubai International Financial Centre (DIFC) has announced a partnership with incubator network Startupbootcamp to explore the establishment of programmes in areas including fintech, regtech and insurtech. The potential incubators will expand upon the ... ( read original story ...)

The UAE Central Bank has announced new caps on the banking fees that lenders can charge customers in the country. The new maximum limits or ‘fee caps’ have been set on fees or commissions charged on retail customer services such as home loans and late ... ( read original story ...)

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has launched a new and completely revamped website which offers a vastly enriched and superior experience to its fast growing customer base. The redesigned website will allow users to easily ... ( read original story ...)

With the dirham pegged to the dollar, it makes sense that the UAE Central Bank follows the federal policy and remains aligned. What I don’t understand is why every time the rate increases, my bank immediately increases my mortgage rate and instalments ... ( read original story ...)

The Central Bank of UAE has announced that effective Thursday, June 14, it will raise interest rates applied to the issuance of its certificates of deposits in line with the increase in interest rates on the US Dollar, following the US Federal Reserve's ... ( read original story ...)