DUBAI – The newly appointed Chief Executive Officer of Emirates Development Bank, EDB, Faisal Aqil Al Bastaki, rang the market-opening bell today to celebrate the listing of a US$750 million …
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Uzbekistan, UAE agree to enhance trade-economic, investment cooperation
President of Uzbekistan said that the United Arab Emirates has created a miracle in the desert within a historically short period of time – fifty years – to become one of the global centers of economy …
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Dubai to allow small increase in school fees after freeze last year hit GEMS IPO
DUBAI, March 26 (Reuters) – Dubai will allow a modest increase in school fees for the majority of students in the 2019-2020 academic year, the government said, after last year’s freeze triggered a …
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Mastercard to invest 300 million pounds in Network International IPO
Dubai-based Network International is the largest payments processor in the Middle East and Africa and set to be the first international IPO in London this year. Network International is targeting …
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Mastercard to invest $300 million in Network International IPO
Dubai-based Network International is the largest payments processor in the Middle East and Africa and set to be the first international IPO in London this year. Network International is targeting …
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Dubai’s Shuaa and ADFG appoint banks to advise on potential merger
Dubai investment bank Shuaa Capital and Abu Dhabi Financial Group, its largest shareholder, have both appointed legal and financial advisors on a potential merger to create a larger listed investment …
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DFSA hosts Financial Crime Conference
The conference builds on DFSA’s previous Annual Supervision Outreach sessions, and focuses on the regulatory policies and frameworks put in place to fight financial crimes, including the changes made …
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Dubai Shuaa and ADFG appoints banks to advise on potential merger
Dubai investment bank Shuaa capital and Abu Dhabi Financial Group, its largest shareholder, have both appointed legal and financial advisors on a potential merger to create a larger listed investment …
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Dubai Shuaa and ADFG appoint banks to advice on potential merger
Dubai investment bank Shuaa capital and Abu Dhabi Financial Group, its largest shareholder, have both appointed legal and financial advisors on a potential merger to create a larger listed investment …
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Nasdaq Dubai welcomes $1bn Emirates NBD bond listing
Nasdaq Dubai, the region’s international exchange, has welcomed the listing of a $1-billion conventional bond by leading UAE bank Emirates NBD. With this listing yesterday (March 20), the total value …
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UAE- Emirates Institute for Banking and Financial Studies upskills 26,206 trainees in 2018
DUBAI, 24th March, 2019 (WAM) — The Emirates Institute for Banking and Financial Studies (EIBFS), a regional leader in banking and finance education and training, outperformed itself in 2018 …
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Amlak Finance : posts AED 272m losses in 2018
Dubai – Mubasher: Amlak Finance announced on Sunday a net loss worth AED 272 million for the full-year 2018, against AED 51 million net profit in 2017. The leading specialised Islamic real estate …
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Dubai’s Shuaa in Talks With Abu Dhabi Firm Amid Gulf Merger Wave
Dubai’s Shuaa Capital PSC started talks for a potential combination with an Abu Dhabi entity, joining a stream of mergers in the Gulf’s financial industry. The shares surged. The investment banking …
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Dubai’s Shuaa confirms merger talks with Abu Dhabi Financial Group
Dubai’s Shuaa Capital started talks for a potential combination with an Abu Dhabi entity, joining a stream of mergers in the Gulf’s financial industry. The shares surged. The investment banking firm …
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UAE- The Maritime Standard Swings Into 2019
Dubai-based publisher … On November 6th, 2019 The Maritime Standard will host the fifth in its series of Ship Finance and Trade conferences. This time a new feature of the event will be coverage …
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UAE- DFSA and Standard Chartered Bank focus on curbing illicit wildlife trade
The Dubai Financial Services Authority (DFSA) recently hosted senior executives from Standard Chartered Bank to discuss how financial institutions and regulators can work together to help curb …
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Shuaa’s shares rocket as company announces merger talks with Abu Dhabi Financial Group
Shares in Dubai-listed investment bank Shuaa Capital surged on Sunday after the company confirmed to the exchange media reports about initial discussions for a merger with its major shareholder, Abu …
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