Tag: ipo

Dubai-based Mashreq Bank has announced the launch of its credit card remittance service which allows customers to use their credit cards to make instant money transfers to all banks in India and …
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The Central Bank of the UAE and other Arabian Gulf regulators cut benchmark interest rates following the US Federal Reserve’s decision on Wednesday to reduce its key rates for the first time in more …
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“The UAE Cabinet’s recent announcement of sectors and economic … IPOs on the London Stock Exchange’s main market in April. The Network International IPO represented the largest outbound IPO to date …
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Dubai: Gross credit growth in the UAE accelerated 0.7 per cent month on month 4.3 per cent year on year in June, according to the latest central bank data analysed by Abu Dhabi Commercial Bank …
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a leading financial institution in the UAE, through its Corporate and Investment Banking Group, and norbloc, the leading Know Your Customer (KYC) and client onboarding fintech regionally headquartered …
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Emirates NBD Group CEO Shayne Nelson said the bank would support Turkey’s Denizbank if it needed a capital increase, as the Dubai-based lender completed the purchase of Denizbank on Wednesday. …
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Dubai: The UAE’s Ministry of Finance announced it signed an agreement with Etisalat to provide e-Dirham services on the telecom provider’s official portal. The deal is part of the Ministry’s …
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Abu Dhabi: The UAE Central Bank has announced it will lower interest rates applied to the issuance of its certificates of deposits in line with the decrease in interest rates on the US dollar …
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(MENAFN – Khaleej Times) Dubai stock markets rallied on Tuesday as higher second-quarter corporate profits posted by banks, financial service firms and property majors triggered a general upswing. …
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A consortium, comprising Renaissance Capital and Pharos Holding, has been selected to manage the company’s initial public offering (IPO), while Zaki Hashem & Partners will serve as the legal advisor, …
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The UAE Ministry of Finance on 30 April issued new tax rules setting out country-by-country reporting compliance obligations for multinational corporation groups effective for financial years …
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The Dubai Financial Services Authority (DFSA) said it fined Abraaj Investment Management Ltd (AIML) $299.3 million (Dh1.1 billion) and Abraaj Capital Ltd (ACLD) $15.275 million (Dh56 million …
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Noor Bank, one of the leading Shari’ah-compliant banks in the UAE, has entered a strategic partnership with National Bonds Corporation, a renowned investment company, to launch a first-of-its-kind …
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Dubai-UAE: Noor Bank, one of the leading Shari’ah-compliant banks in the UAE, has entered a strategic partnership with National Bonds Corporation, a renowned investment company, to launch a …
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Mufazzal Kajiji, head of Retail Banking at Noor Bank, and Mohammed Qasim Al Ali, CEO of National Bonds, signed the agreement at National Bonds headquarters in Dubai. Customers can access a host of …
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DUBAI/RIYADH, July 30 (Reuters … As further encouragement, the regulator has relaxed the traditional IPO requirement to list at least 30% of a company. Saudi mall operator Arabian Centres , owned by …
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DUBAI/RIYADH (Reuters) – Saudi Arabia’s Sulaiman Al Habib … could sell as much as a 30% stake in the IPO, although one source said it could sell less if Saudi regulators permit. Officials from the …
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