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Tag: ipo

Posted on 11/03/2021

Emirates NBD integrates website with UAE PASS for seamless digital account opening

Suvo Sarkar, Senior Executive Vice President and Head of Retail Banking and Wealth Management, Emirates NBD Dubai: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and …
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Posted on 10/03/2021

Education Market in UAE will Accelerate at 5% CAGR During 2020-2024 | K-12 Schools Segment to Offer Maximum Opportunities | Technavio

The education market in UAE is set to grow by 378 thousand units, progressing at a CAGR of about 5% during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, …
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Posted on 10/03/2021

Dubai Business Hub’s Profit Slumps as Virus Relief Weighs

Dubai International Financial Centre, the city’s tax-free business hub, posted a 74% drop in profit as coronavirus-related measures weighed on its earnings.
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Posted on 10/03/2021

Bank Muscat gives initial guidance for 5-yr dollar bonds – document

DUBAI, March 10 (Reuters) – Bank Muscat gave initial price guidance of between 5% and 5.125% for U.S. dollar-denominated five-year bonds, a document showed on Wednesday. Bank ABC, Bank Muscat …
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Posted on 10/03/2021

UAE starts first independent digital banking platform

The first independent digital banking platform in the United Arab Emirates launched on Sunday, a neobank hoping to become a leader in the Middle …
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Posted on 09/03/2021

Hedge fund chaired by GB News investor shorting ITV

Marshall Wace has taken a 0.68pc short position on the broadcaster which has suffered from the pandemic-induced downturn …
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Posted on 09/03/2021

Phat flat: Hedge funder nears deal for $153M London penthouse

Quadrature Capital founder and billionaire Suneil Setiya is said to be in talks to buy a penthouse at One Hyde Park in London for around $153 million.
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Posted on 09/03/2021

Hayley Hughes targeted by crook in Dubai who used bank card to book limos

Love Island personality Hayley Hughes realised her bank card was being used without her permission by someone else when she noticed charges for flashy cars and chauffer driven rides …
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Posted on 09/03/2021

UAE is among the world’s fastest-growing tax havens, study finds

The United Arab Emirates, a magnet for the globe’s ultra-rich, has also emerged as one of the fastest-growing corporate tax havens, according to a study released on Tuesday that highlighted the more …
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Posted on 09/03/2021

Dubai-listed bank waives loan fee of Covid vaccinated customers

Dubai-listed Bahraini lender Al Salam Bank is waiving loan fees for customers vaccinated against Covid-19 in the latest regional initiative aimed at encouraging people to take the jab.The …
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Posted on 09/03/2021

Digital Banking: UAE Fintech YAP Launches New App for Local Consumers, Allowing them to Better Manage Finances

UAE -headquartered digital bank YAP will be allowing locals to open a bank account via the platform. There’s also a YAP Mastercard debit card and an app that offers an overview of users’ spending …
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Posted on 08/03/2021

UAE’s Arrow Capital Co-sponsors $240 million Nasdaq tech SPAC in partnership with Silicon Valley-Based VC Tribe Capital

Arrow Capital (“Arrow”), a regulated financial and investment advisory company, with offices in the Dubai International Financial Centre and Mauritius, announces the closing of the initial public …
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Posted on 08/03/2021

Dubai Govt departments can approve their own financial and accounting systems

Hamdan bin Mohammed issues Resolution on the Executive Regulation of the Financial Regulations of the Government of Dubai …
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Posted on 08/03/2021

Aafaq Islamic Finance Empowers The Women In UAE With An Exclusive Credit Card

Aafaq Islamic Finance, the leading Islamic Finance Company in the UAE, has recently announced a platinum credit card designed exclusively for women on t …
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Posted on 08/03/2021

ADNOC is UAE’s most valuable brand; Etisalat is strongest brand: new study

UAE’s homegrown brands ADNOC and Etisalat have been rated as the country’s leading brands for 2021, having performed really well despite the challenges posed by the COVID-19 pandemic. Abu Dhabi …
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Posted on 08/03/2021

Women looking to smash glass ceiling turning to entrepreneurship in Dubai

Up to 50% of the early idea stage start-ups in the programmes of Dubai Start-up Hub are females, according to Natalia Sycheva, senior manager of entrepreneurship and special projects …
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Posted on 08/03/2021

UAE’s Neobank Debuts Country’s First Digital Banking Platform

YAP, the first independent digital banking platform in the United Arab Emirates, has launched as of Sunday (March 7), Reuters writes. The Dubai-based firm is angling to become a leader in the Middle …
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