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Tag: ipo

Posted on 17/08/2021

‘Idiot’ British student, 21, who went on holiday to Kabul shares video aboard RAF military plane as he lands in Dubai with hundreds fleeing new Taliban rule

Miles Routledge, 21, shared footage of him sitting alongside hundreds of other people fleeing the militant group as the aircraft touched down in the UAE.
( read original story …)


Posted on 17/08/2021

7 reasons to study in the United Arab Emirates

Want to study abroad but not sure where? Here are seven reasons why you should consider studying in the United Arab Emirates.
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Posted on 17/08/2021

Mubadala Capital’s SPAC’s IPO raises $200 million

Blue Whale Acquisition Corp I, a new special purpose acquisition company (SPAC) formed by Abu Dhabi’s Mubadala Capital, announced on Wednesday that it raised $200 million by offering 20 million units …
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Posted on 17/08/2021

Cover story: Why Dubai businessman Dariush Soudi is confident about future success

From poverty to tragedy, Soudi has seen it all. Yet he persevered against all odds and now has a remarkable life story to share.
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Posted on 17/08/2021

Saudi Aramco aims to raise at least $17 billion from gas pipeline -sources

Saudi Aramco is looking to raise at least $17 billion from the sale of a significant minority stake in its gas pipelines, higher than the $12.4 billion raised from its oil pipeline deal, sources …
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Posted on 17/08/2021

Court acquits three Dubai Bank bosses in Sh12.6m theft case

A Nairobi court has acquitted three Dubai Bank senior managers of Sh12.6 million theft and money laundering charges. Milimani chief magistrate Francis Andayi on Friday freed Abdul Hafedh Zubedi, Ali …
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Posted on 16/08/2021

Dubai-based startup boosts personalised user experience for end consumers

Mast launched Customer Intelligence and Analytics App — an innovative new approach — that bridges a need-gap within the market.
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Posted on 16/08/2021

Dubai to unveil infrastructure sector investment opportunities in October

Dubai plans to present several infrastructure sector investment opportunities to local and international investors as it looks to build a “productive ecosystem” of public-private partnership in the …
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Posted on 16/08/2021

Strong loan book delivers Commercial Bank of Dubai Dh676m in H1-2021 net profit

Dubai: Commercial Bank of Dubai has become the latest UAE financial institution to confirm upbeat first-half 2021 numbers, with net profit at Dh676 million and a gain of 27.5 per cent on comparable …
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Posted on 16/08/2021

Exxaro Tiles IPO debuts at Rs 132 – a 10% premium over issue price

The initial public offering (IPO) of Exxaro Tiles, the firm that manufactures double charge vitrified tiles and glazed vitrified tiles, started off the first day trade on a strong note on August 16, …
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Posted on 16/08/2021

Saudi Aramco, UAE’s ADNOC Plan New Asset Sales

The biggest state-held oil firms in the Middle East, including Saudi Aramco and the Abu Dhabi National Oil Company (ADNOC), consider selling more assets to investors to monetize stakes in their variou …
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Posted on 16/08/2021

MIDEAST STOCKS Banking shares bolster most Gulf markets

Major stock markets in the Gulf ended higher on Sunday, largely driven by gains in financial companies and led by Saudi Arabia.
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Posted on 15/08/2021

Mobikwik appoints 4 independent directors to its board before its IPO

MobiKwik has appointed four new independent directors to its board. The change brings the total number of board members to seven. With this move, the startup is one step closer to being India’s first …
( read original story …)


Posted on 15/08/2021

UAE jobs: Banks hiring relationship officers; salary Dh7,000, plus incentives

Recruitment executives say finance is one of the top sectors in the UAE that will see an increase in workforce this year.
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Posted on 15/08/2021

At the UAE’s Service for Two Decades

ICICI Bank offers customised products and solutions to NRIs and PIOs as well as cross-border facilities and remittances …
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Posted on 15/08/2021

Progressing Towards the Future of e-banking

The State Bank of India constantly endeavours to create a digitally-empowered society with its cutting edge online banking solutions …
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Posted on 15/08/2021

Arab Bank “Best Bank in the Middle East 2021”

New York-based Global Finance magazine recently awarded Arab Bank the “Best Bank in the Middle East 2021” award, for the sixth year in a row. This global recognition came as part of Global Finance’s …
( read original story …)


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