A key milestone that will add new impetus to Dubai’s leading position as dynamic capital markets hub” Hassan Al Serkal: “Robust regulatory framework creating an attractive environment for investors …
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Weekly roundup of people news, Sept 30
Saudi’s Public Investment Fund hires Lazard AM’s Mena head; Man GLG adds trio for new Asia strategy; Marshall Wace to open Singapore office; Baillie Gifford expanding Shanghai unit; MarketAxess raids …
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The List Debuts New Retail Vision for Luxury, With Dynamic Pricing
The Dubai-based marketplace will offer high-demand or rare fashion, accessories and fine jewelry items at dynamic price points based on what’s trending and in-demand.
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CEO of UAE digital finance firm Deem to step down
De Bruin has informed the board of directors of his plans to resign to “pursue other endeavours”, the company said in a statement. Deem has named Jayasheel Bhansali, currently serving as the company’s …
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UAE Central Bank reveals term deposits surge by $6.2bln in seven months
The growth is attributed to a rising demand over this type of deposits due to their higher returns in comparison with other investment vehicles …
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Ex-IMF head Rato acquitted over Bankia IPO, prompts legal change calls
Former IMF boss Rodrigo Rato was acquitted on Tuesday in a fraud trial over the listing of Bankia, when he was its chairman, prompting calls for legal changes from consumer groups. Rato, who resigned …
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Israel accord opened possibilities of peace in the region, says UAE
Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, said the historic peace accord signed between the UAE and Israel, supported by American efforts, has …
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Why the IPO of Siemens Energy matters to the future of energy markets
The biggest move was the IPO of its medical devices’ entity, Siemens Healthineers AG, which was the largest in Germany during the last four years and where the company still retains a 79 percent …
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IPO market is headed for busiest third quarter since the dot-com years — and there’s lots more to come
Palantir Technologies and Asana are expected to go public on Wednesday via direct listings The U.S. initial public offering market is expected to see 11 deals and two direct listings this week, adding …
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UAE, Israeli ministers discuss energy, technology cooperation
DUBAI (Reuters) – The United Arab Emirates’ minister of state for industry and advanced technology and head of state-run Abu Dhabi National Oil Company (ADNOC) met the Israeli ministers of Energy and …
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Mozambique: What Is The Role Of The UAE In Mozambique?
United Arab Emirates (UAE) has become a major, if extremely obscure, player in Mozambique, and little is known about its role in Cabo Delgado. It has also been in the news recently, in ways that link …
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The Latest: UAE defends decision to normalize Israel ties
The Latest from the U.N. General Assembly (all times local): 10:25 a.m. The United Arab Emirates has defended its decision to normalize ties with Israel and criticized interference in Arab affairs, an …
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Fintech Professional Claims that Digitization of the UAE Economy is Being Led by Individual Consumers, Not Service Providers
Fintech professional claims that digitization of the UAE economy is being led by individual consumers, not service providers.
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Open Banking set to transform finance in the GCC
Gulf Business talks to Wissam Khoury, SVP and general manager APAC and MEA, Finastra, on the state of Open Banking in the GCC …
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Dubai Islamic Economy Development Centre hosts webinar on Sukuk market
The Dubai Islamic Economy Development Centre (DIEDC), in collaboration with the Dubai Chamber of Commerce and Industry (Dubai Chamber) and in strategic partnership with Refinitiv, hosted the fourth …
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Back To Business: What UAE Merchants Should Stop Doing Now (And Beyond) The COVID-19 Crisis
Visa’s global Back to Business study, which assessed the financial impact of COVID-19 on small and micro businesses (SMBs) worldwide, found that nine out of every 10 consumers in the UAE have changed …
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UTI AMC IPO to open on September 29: Here are 10 key things to know
UTI Asset Management Company is going to open its initial public offering on September 29. The anchor book will open for subscription for a day on September 28 and the issue will close on October 1.
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