Oyo, which has major operations in the UAE, had filed a draft application for an IPO in October 2021 with the Indian market regulator for over $1 billion …
PM Modi, UAE counterpart launch Bharat Mart for promoting Indian MSMEs
Prime Minister Narendra Modi and his UAE counterpart Sheikh Mohamed bin Rashid Al Maktoum on Wednesday virtually laid the foundation stone of Bharat Mart that will offer the Indian MSME sector an …
Jai Sankar Viswanathan appointed as Global Head of Finance for WeFreight
Dubai, UAE:– WeFreight is pleased to announce the recent appointment of Jai Sankar Viswanathan as Global Head of Finance. With over 30 years of distinguished experience in finance within the logistics …
UAE: Can social media fetch you the same amount of money as a stable job? Influencers weigh in
These content creators either started posting on Instagram and Tiktok to supplement their income or just as a way to pass time …
Dubai Islamic Bank offers new credit card with many benefits
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE and the second-largest Islamic bank in the world, has launched “SHAMS” Credit Card in partnership with Visa, a world leader in digital …
Dubai Islamic Bank launches ‘SHAMS’ credit card in partnership with Visa
The SHAMS Visa Credit Card offers unique cashback, travel, lifestyle and rewards in a single product for the customers …
Al Salam Bank Announces Financial Results for 2023
Al Salam Bank (Bahrain Bourse trading code “SALAM”, Dubai Financial Market trading code “SALAM_BAH”) reported net profit attributable to shareholders of …
Government Aims To Raise $6.5Bn From IPO Programme In 2024: Finance Minister
Maait made these remarks during his participation in the session on the balance sheet-based approach to creating value from public assets at the 8th Public Finance Forum in Arab Countries in Dubai …
Dubai-listed Emirates Investment Bank swings to $29mln net profit for 2023
The Dubai-based lender’s total net profit for the year ended December 31, 2023 reached AED 107.5 million ($29.3 million) versus a loss of AED 23.6 million in 2022, according to preliminary financial …
India’s oldest car rental firm KTC expanding to Dubai & Saudi this year; plans Rs 100-cr IPO
India’s oldest car rental firm established in 1943, is set to broaden its international presence. The company plans to est …
After Dubai
During the recent climate summit in Dubai, COP28 president Sultan Al-Jaber, with some exasperation, came out with the following rather amazing statement: “Please help me, show me the roadmap for a …
Pearl-clutching over the UAE bid to buy the Telegraph has a whiff of hypocrisy about it – and self-interest
Think the potential purchase is a threat to press freedom? You should see the alternative, writes former Telegraph columnist Peter Oborne …
UAE remittance fees to increase by 15%
Money exchange houses in the UAE will gradually increase charges in certain remittance corridors for the first time in five years after receiving approval from the UAE Central Bank to introduce an …
FinTech to Boost UAE’s GDP per Capita to $915.6 by 2030: UnaFinancial
Financial technology (fintech) is poised to become a significant contributor to the well-being of citizens in the GCC region by 2030, with analysts from UnaFinancial projecting substantial gains, as …
UAE remittance fees to ‘gradually’ increase by 15%
Money exchange houses in the UAE will gradually increase charges in certain remittance corridors for the first time in five years after receiving approval from the UAE Central Bank to introduce an …
Madbouly, World Bank President Discuss Cooperation In Dubai
Prime Minister Mostafa Madbouly met with Ajay Banga, President of the World Bank, and his delegation on the sidelines of the 2024 World G …
Al Mal Capital’s real estate fund to raise $200mln in IPO
According to Al Mal Capital, the issuance will deliver a maximum of 400 million new units to existing unitholders at a price of AED1.1 per share – increasing the share capital by 114% to AED750 …