Tag: ipo

Armed with evidence of the bank fraud, she elevated her complaint with the UAE Central Bank on June 9. When contacted, an Emirates NBD spokesperson confirmed that the incident took place and they …
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Lastly, the consolidation which has started in the UAE’s banking sector, is already beginning to reflect on the sector’s profitability. Shailash Dash, a financier and entrepreneur, said that the …
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We are partnered with one of Dubai’s largest, leading banks for a Large Corporate Relationship Manager looking for growth into a Senior or Director-level role. Applicants must have a strong Real …
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Annual audit of TBI’s performance, complied by Ernst and Young, show a 20% increase in net operating income and a 30 % increase in funds held in customer accounts Dubai, United Arab Emirates, 04 …
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initiative to promote the Islamic banking and finance industry in the UAE, a media report said. The move followed a landmark agreement signed between the two parties to establish the Noor Fund for …
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ABU DHABI, United Arab Emirates, Aug. 5, 2019 /PRNewswire/ — Abu Dhabi Commercial Bank (ADCB) has announced its partnership with Plug and Play, the largest global innovation platform …
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Dubai: Saudi Arabia led the primary market activity … one of the largest IPOs in the country with proceeds of $658.7 million, was the first IPO that allowed the sale of securities to qualified …
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Wamda Capital has invested in start-ups across the Middle East and Africa, including several prominent ventures in the UAE, such as Souq, Careem, e-commerce platform Mumzworld and financial comparison …
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Relatively little IPO activity has taken place locally since late 2017, when Emaar Development sold $1.3 billion in new shares. A number of companies, however, such as Dubai-based payments provider …
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Employers operating in Dubai International Financial Centre, the main financial services hub in the Middle East, will begin enrolling workers in a new mandatory defined contribution plan on Jan. 1. …
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with maturities ranging from three to seven years Dubai Aerospace Enterprise (DAE) secured $490 million in loans from three agreements to finance growth. Courtesy: Dubai Aerospace Enterprise Dubai …
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Dubai: The UAE banking sector holiday on the occasion of Eid Al Adha will be from Saturday, August 10, until Tuesday, August 13, it was announced on Sunday. On August 1, Saudi Arabia’s Supreme …
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Dubai: Bank of Sharjah on Sunday posted a net profit of Dh152 million for the first half of 2019, down by 24 per cent year on year and up by 17 per cent compared to 31 December 2018. The net …
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Dubai’s emergence as a financial hub for the Middle East led to the formation of the Dubai Financial Market (DFM) in March 2000. And while global markets may have stumbled in 2008 as the economic …
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Dubai Islamic Bank (DIB) was founded in 1975 as a fully-fledged Islamic financial institution offering a range of Sharia-compliant products and services. Today, DIB provides retail, corporate, private …
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The Dubai Financial Market has launched a blueprint to promote environmental, social and governance (ESG) issues among listed firms, pledging to become the region’s leading sustainable financial …
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“The financial accounts of the Sultanate indicate that the financial … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC …
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