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Tag: ipo

Posted on 11/11/2021

ADFD provides Dhs73m to finance water supply system in Lesotho

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development, signed an agreement with the Government of Lesotho to provide Dhs73 million …
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Posted on 11/11/2021

Fitch Affirms First Abu Dhabi Bank at ‘AA-‘; Outlook Stable

Fitch Ratings has affirmed UAE-based First Abu Dhabi Bank P.J.S.C.’s (FAB) Long-Term Issuer Default Rating (IDR) …
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Posted on 11/11/2021

Dubai’s Shuaa Capital to ‘broaden’ investment banking footprint: CEO

Dubai asset management firm Shuaa Capital looks forward to “broadening” its investment banking business as it posted a 40 percent year-on-year increase in net profit for the first nine months of the …
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Posted on 11/11/2021

Shenzhen Bowen Media Infotech Co.,Ltd.: JIN SHA Kong Gu Group to Invest $2 Billion in the UAE Finance, E-Commerce, and Real Estate Industries

Photo 1 According to the external disclosure of JIN SHA Kong Gu Group, the group plans to radiate the Middle East and North Africa, with Dubai as its core from 2021, integrate advantageous resources, …
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Posted on 11/11/2021

JIN SHA Kong Gu Group Took $2 Billion Strategic Investment Initiative for Developing UAE Fintech Industry

JIN SHA Kong Gu Group Took $2 Billion Strategic Investment Initiative for Developing UAE Fintech Industry Dubai, United Arab Emirates–(Newsfile …
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Posted on 11/11/2021

Dubai’s Mashreqbank hit with $100m fine in US over Sudan sanctions

WASHINGTON — New York financial regulators on Tuesday hit Dubai’s Mashreqbank with a $100 million fine due to transactions with Sudan that violated US sanctions, officials said.The fine was one of …
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Posted on 10/11/2021

Jersey and United Arab Emirates sign business deal

Jersey and the United Arab Emirates (UAE) have struck a new business deal, Jersey’s government has said. It has taken officials since 2018 to reach an agreement over the bilateral …
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Posted on 10/11/2021

Sheikh Maktoum meets Dubai-based businessmen to enhance public, private partnership

Sheikh Maktoum took Twitter to make the announcement. التقيت بمجموعة من رجال الأعمال وناقشنا سبل تعزيز الشراكة بين القطاعين الحكومي والخاص. لقاءاتنا مع رجال الأعمال مستمرة وفق نهج وتوجيه الشيخ محمد بن …
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Posted on 10/11/2021

Fitch Affirms Abu Dhabi Commercial Bank at ‘A+’; Outlook Stable

Fitch Ratings has affirmed Abu Dhabi Commercial Bank PJSC’s (ADCB) Long-Term Issuer Default Rating (IDR) at ‘A+’ with a Stable Outlook and Viability Rating (VR) at ‘bb+’. ADCB’s IDRs reflect an …
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Posted on 10/11/2021

UAE companies step up ESG compliance, look towards sustainable future

The efforts are in line with the nation’s vision to drive the sustainability agenda through strategic development policies …
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Posted on 10/11/2021

UAE, Jersey sign agreement on mutual promotion, protection of investments

Al Hussaini reaffirmed the UAE’s keenness to bolster its relations with various countries of the world by signing such agreements.
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Posted on 10/11/2021

UAE signs historic business pact with Jersey

The UAE signed a historic investment pact with Jersey on Wednesday to “help facilitate” financial flows between the two and offer investors “better protection”. The agreement – Jersey’s first …
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Posted on 10/11/2021

UAE calls for inclusive climate action that drives sustainable economic growth

(MENAFN- Emirates News Agency (WAM)) GLASGOW, 10th November, 2021 (WAM) — Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Special Envoy for Climate Change, delivered …
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Posted on 10/11/2021

UAE – Experian Finds 25 Percent Increase in Online Activity Since Covid-19

Wednesday 10 November 2021 [ AETOS Wire ] (BUSINESS WIRE ) — The pandemic-accelerated increase in digital transactio …
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Posted on 10/11/2021

Captain Smart apologizes to Mahama over Dubai house, bank account allegations

Captain Smart has apologized to John Mahama over allegations of corruption • The former president is said to have acquired houses in Dubai years ago • The journalist says …
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Posted on 10/11/2021

Superjet Tours celebrates 15 years in the UAE

Exclusive packages launched for UAE residents just in time for the holiday season Superjet Tours, a subsidiary of Superjet Group, marked its 15th year anniversary in the UAE earlier this week.
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Posted on 10/11/2021

Egypt has not decided on when to sell sukuk, finance minister says

DUBAI, Nov 10 (Reuters) – Egypt has not decided when it would sell sukuk, or Islamic bonds, but expects the legislation needed to regulate the issuance will be ready by the end of the month, finance …
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