Dubai plans to list 10 state-owned companies on its stock exchange to boost the size of its financial market to 3 trillion dirhams ($817 billion) as the Middle East’s business hub seeks to catch up …
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Dubai announces listing of 10 govt, state-owned companies on DFM
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, and Deputy Prime Minister and Minister of Finance of the UAE, has announced the listing of 10 government and state-owned …
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Dubai Financial Market lists10 new companies
A total of 10 government and state-owned companies have been listed on the Dubai Financial Market (DFM) as part of accelerating new listings in various sectors including energy, logistics and retail, …
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Dubai to launch Dh2 billion fund to boost liquidity in the markets
Dubai on Monday announced plans to launch a Dh2 billion ($544.6 million) market-maker fund to boost trading on the stock market. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of …
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Empower buys Dubai airport’s district cooling system for Dh1.1 billion
The Emirates Central Cooling Systems Corporation (Empower), the Dubai-based district cooling services provider, has acquired the district cooling systems of Dubai International Airport with a total …
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UAE set to decriminalise most bounced cheque cases from January
The UAE Central Bank said on Monday that new amendments will come into force in January, effectively decriminalising the issue of bounced cheques except for the most serious cases. Abdullah bin Touq …
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Reno6 Pro 5G: Energise your passion during Dubai Fitness Challenge
The new OPPO smartphone will be your perfect companion as you pedal against the backdrop of iconic landmarks at Dubai Ride on November 5 or participate in some of the many action-packed activities …
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UAE’s Emirates Food Industries to undertake secondary listing on ADX
Abu Dhabi-headquartered food, dairy and agriculture company Emirates Food Industries, is undertaking a secondary listing of its share (ADX). The company, owned by National Holding, is working on …
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For these Indian ‘unicorns’, the UAE is where deals get struck
Dubai: For India’s startups, the UAE and Gulf are the go-to places for expansion – and raise new funds, if possible. That is the script two of India’s unicorns are planning to follow. “UAE and the …
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Abu Dhabi’s Biggest Islamic Bank Weighs Merger Deals Outside UAE
Where Crypto, Gaming and Capitalism CollideCan a New Mayor Fix Seattle’s Downtown?The Best New Restaurants in Washington, Chosen by Top ChefsThe Terrifying Rise of Haunted TourismIn Minneapolis …
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Next UAE public bank holiday dates announced
You’ve not got long to wait for a four-day weekend. Next UAE public bank holiday dates announced. UAE public holidays 2021. News.
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New UAE draft leasing law ready for approval
The way we build up our ranks of equipment has changed dramatically over the past decade but the pace of that change could be set to ramp up even further in the UAE with the onset of new leasing regul …
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ADIB seeks M&A deals in UAE and GCC to expand asset base
Abu Dhabi Islamic Bank, the biggest Sharia-compliant lender in the emirate, is looking for merger and acquisition opportunities in the UAE, the GCC and markets beyond the region, as it seeks to …
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Ajman Bank reports Dh90.1 million profit in Q3
This positive trend was also reflected in the increase in the bank’s net operating income of Dh477 million for July-September quarter of 2021 …
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UAE’s Emirates Food Industries to undertake second listing on ADX
Abu Dhabi-headquartered food, dairy and agriculture company Emirates Food Industries, is undertaking a secondary listing of its share (ADX). The company is working on expanding its operations as it …
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PolicyBazaar’s IPO to open on November 1 — check last date, listing date and more
PB Fintech will offer shares within a price band of ₹940-₹980 per share, with a lot size of 15 shares.The allotment will be announced November 10 and the IPO will be listed on November 15.Another ₹375 …
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UAE steps up prosecutions for money laundering and terrorist financing
Alamy Stock Photo The UAE has strict laws to deal with money laundering and terrorism financing. Alamy . The UAE has intensified its efforts to bring people who launder money a …
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