Tag: ipo

Image Credit: Reuters Dubai: The banking sector would dominate mergers and acquisitions (M&A) in the Gulf, and in turn control a sizeable chunk of stock market activity, according to executives at …
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(Dubai): AlHuda Centre of Islamic Banking and Economics (CIBE) is going to organize CIS Islamic Banking & Finance Awards at Tashkent, Uzbekistan on May 02, 2019. The awards will be given to the …
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There are opportunities for local and international lenders in the green finance space with the rise in renewables energy capacity deployment, especially in the region’s two biggest economies – Saudi …
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A representative for First Abu Dhabi Bank, known as FAB, said the firm doesn’t comment … newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to …
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Dubai: First Abu Dhabi Bank (FAB) has strongly denied it is merging with Abu Dhabi Islamic Bank to create the biggest lender in the Middle East. Quoting anonymous sources, Bloomberg reported that …
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Nicholas Jones, senior manager of banking & financial services recruitment at Robert Walters Dubai, shares his insight: Despite historically having been one of the most immune sectors to technological …
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Saudi Arabia’s stock market marked its ninth session of gains on Thursday, led by banking shares, while Emirates NBD’s deal to buy Turkey’s Denizbank lifted Dubai’s main index. The Saudi index was up …
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First Abu Dhabi Bank, the largest lender in the United Arab Emirates, in a bourse filing said it “strongly denies the report issued by Bloomberg on the potential merger”. “FAB currently has not …
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(Bloomberg) — Dubai’s biggest bank may save as much as $700 million in a deal to buy Turkey’s Denizbank AS after the lira slumped and economic growth stalled since the agreement was announced …
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Dubai logistics firm Tristar has asked investment banks to pitch for advisory roles for its planned listing in London, two sources told Reuters. Tristar is seeking to raise $250m in a potential …
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DUBAI (Reuters) – Dubai logistics firm Tristar has asked investment banks to pitch for advisory roles for its planned listing in London, two sources told Reuters. Tristar is seeking to raise $250 …
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Dubai’s biggest bank will save about $400 million in a deal to buy Turkey’s Denizbank AS after the lira slumped and economic growth stalled since the deal was announced 10 months ago. The United Arab …
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Meanwhile, Dubai-based Network International, itself a dominant player in the Middle East, is seeking about 580 million pounds ($757 million) in a London IPO that will allow its original founder, …
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and other key markets across Asia and Europe gained on Monday on the back of the UAE’s Network International IPO on London, Aramco’s strong profitability, soft Brexit expectations and stronger China …
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Dubai: Ducab, one of the UAE’s largest manufacturing businesses, has appointed Mr. Meshal Al-Naqbi to the position of Chief Financial Officer, taking responsibility for the management of the company’s …
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The Responsible Finance & Investment Foundation (RFI) has partnered with Dubai Islamic Bank and UNHCR to organise a roundtable on April 28 about strategic philanthropy and Islamic finance as a part of …
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DUBAI – Kuwait signed an agreement to support Bahrain’s economy as part of a series of fiscal reforms Bahrain has embarked on last year, Kuwait’s finance ministry said on Tuesday, formalising a …
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