Tag: ipo

DUBAI — Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources said, in what could be the world’s biggest IPO.
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The BFSI focus group hosts a presentation by Etihad Credit Insurance in May this year in Dubai Image Credit: Supplied he Banking, Financial Services & Insurance (BFSI) focus group was established …
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DUBAI — Saudi Aramco has formally asked major … two sources with direct knowledge of the matter said. Aramco’s planned IPO, which could potentially raise $100 billion, is the centerpiece …
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The Group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry, with over 90 per cent of all financial transactions and requests …
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Prime Minister Narendra Modi will pay a three-day visit to United Arab Emirates and Bahrain beginning August 23 and hold extensive talks with top leaders of the two countries on bilateral, regional …
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Growth in the UAE banking sector’s loan exposure to the real estate sector nearly halved to 8.5 per cent last year, compared to 18.1 per cent in the previous year, due to a persistent decline in …
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Companies looking to tap into the equity capital market should get themselves ready early and remain on standby, in order to maximise their chances of a successful IPO.” He added: “The UAE Cabinet’s …
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Dubai: The four largest UAE banks, which account for nearly 70 per cent of the banking assets, reported a combined net profit of Dh19 billion for the first half of 2019, up 16 per cent from the …
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Reader gets a complaint resolved with a bank. I have been banking with Al Hilal Bank for the past few years. When I switched jobs last October, my previous company transferred my end of service …
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Navdeep Suri, India’s ambassador to the UAE, has celebrated India’s Independence Day by ringing the market-opening bell at Nasdaq Dubai. The ceremony reflected the rapid growth of the already …
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Dubai: Islamic banking will grow substantially in Commonwealth of Independent States (CIS) countries in the next five years from a very low base, driven by government initiatives to nurture the …
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The family is banking on support from the local police, Dubai Consulate and social workers. “Everyone in the family is devastated. Aayush went missing since July 15. We want to know what happened to …
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Operating in the UAE since 2014, the IBC Group has focused on private equity investment in real estate, arts and future technologies. The group is backed by global banking and finance leader Khurram …
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DUBAI- Saudi Aramco is ready for its initial public offering, but a timing for the deal will be decided by its sole shareholder, the Saudi government, a senior executive said on Monday. “We will …
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Similarly, Islamic banking is also showing significant traction in the UAE with demand for Shariah-compliant products growing among both Muslim and non-Muslim customers. “UAE banks are expected to …
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UAE banks posted strong profits in the first half of 2019 and this trend is expected to continue in the second, with local and international dynamics dictating the country’s banking sector. But some …
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The appeal of a high standard of living, low taxation, high salaries – and, of course, the sunshine – have long attracted expatriates to Dubai and Abu Dhabi. However, the majority of expats living in …
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