Dubai has a strong pipeline of IPOs scheduled through rest of the year Dubai: Dubai will host the MENA IPO Summit from January 23-25, as the market awaits the next announcement on which of Dubai …
Pakistan secures financial support of USD 4 billion from UAE, Saudi Arabia
Pakistan has secured financial support of about USD 4 billion from the United Arab Emirates and Saudi Arabia to prevent the country from entering into default a …
Mumbai-based Trucap Finance to acquire EZ Capital; opens office in Dubai
Trucap Finance Ltd plans to acquire the retail loan business of New Delhi-based EZ Capital at an expected valuation between $23 million to $25 million. Based in North India, EZ Capital provides …
MIDEAST STOCKS-UAE bourses track oil prices higher
Stock exchanges in the United Arab Emirates rose on Friday, in line with oil prices and global equities, as hopes of demand growth in top oil importer China boosted investor sentiment and slowing …
Dubai residential property deals reach AED1.9bn on Thursday
Thursday’s property deals included 432 sales transactions worth AED1.45 billion, 73 mortgage deals of AED464.03 million and 20 gift deals amounting to AED18.34 million Dubai residential property deals …
Islamic banks’ assets went up to Dhs607.8 billion by October 2022, says UAE Central Bank
The assets of UAE-based Sharia-compliant banks grew to Dhs607.8 billion by the end of October 2022, statistics by the Central Bank of the UAE have shown. On an annual basis, the assets rose by 2.1 per …
UAE Islamic bank assets rise to Dhs607.8bn: CBUAE
The Central Bank of UAE revealed that the total Islamic bank investments touched Dhs102bn by the end of last October …
India-Headquartered Spocto Expands Into The UAE To Further The Global Ambitions Of Its Parent Company, Yubi
“The UAE leads the MENA fintech market, making the nation an ideal springboard for Spocto’s global expansion ambitions,” states Gaurav Kumar, founder and CEO, Yubi.
PowerSchool to open office in Emirates to support, add customers
School software company PowerSchool Holdings Inc. is opening an office in Dubai, United Arab Emirates, to accelerate its sales to countries in the Middle East and Africa.
UAE As A Springboard For Growth
India-headquartered Spocto expands into the UAE to further the global ambitions of its parent company,Yubi Given that it’s a part of Indian fintech unicorn Yubi, one would expect that digital …
UAE to loan $1bn, roll over another $2bn
The loan announcements came as prime minister, Shehbaz Sharif, kicked off a two-day visit to the United Arab Emirates. He met UAE President Sheikh Mohammed bin Zayed al-Nahyan, and was due to discuss …
UAE Islamic bank assets hit $166bn
Sharia-compliant UAE banks grew assets to $166bn UAE Islamic bank assets hit $166bn Central Bank of the UAE, Islamic banking, Islamic economy, Islamic Finance Banking & Finance …
UAE pledges $3bn loan to help cash-strapped ally Pakistan
Existing loan of $2bn will be topped with an additional loan of $1bn, a statement by Pakistani premier’s office says.
UAE announces new guidance to control money laundering
The United Arab Emirates has been working to counter money laundering since being added to the Financial Action Task Force’s “grey list” last year.
UAE to provide $1b fresh loan to Pakistan, agrees to roll over existing $2b debt
The UAE has agreed to roll over the existing loan of $2 billion to Pakistan and said it will provide additional $1 billion loan that will help boost foreig..
UAE Increases Pakistan Financial Assistance to $3 Billion
Pakistan has said the United Arab Emirates has agreed to increase its financial assistance to Pakistan to $3 billion, a move key to bolster foreign exchange reserves for the South Asian nation reeling …
UAE names oil company chief to lead this year’s U.N. climate talks
Authorities nominated Sultan al-Jaber, a trusted confidant of UAE leader Sheikh Mohammed bin Zayed Al Nahyan … Dhabi’s outskirts — an effort later pared back after the global financial crisis that …