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Tag: ipo

Posted on 11/02/2019

This digital marketplace is a win-win for trade finance

After leaving banking, they decided to create a solution that would help the trade finance and banking industry become more efficient and profitable. TradeAssets is supervised by the Dubai Multi Commo…
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Posted on 11/02/2019

UAE federal bank to sell bond following passage of debt law

Dubai: A federal lender in the UAE will be the first to utilise the country’s newly effective debt law by selling its first bond later this month, according to a senior government official.
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Posted on 11/02/2019

UAE Federal Bank to sell bond after passage of debt law

DUBAI: A federal lender in the United Arab Emirates (UAE) will be the first to utilize the country’s newly effective debt law by selling its first bond later this month, according to a senior governme…
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Posted on 11/02/2019

Emirates NBD sees cash and gold among top investments for 2019

Emirates NBD, Dubai’s biggest bank, said gold and cash tops the list of its preferred asset investments this year, while emerging market equities are attractive in the long term. Well selected hedge f…
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Posted on 10/02/2019

Finablr to go public next month, to be listed on London bourse

UAE-based payments and foreign exchange firm Finablr, the parent company of UAE Exchange, will launch an initial public offering (IPO) next month, its founder and chairman said. “The Finablr IPO will …
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Posted on 10/02/2019

UAE private sector credit growth on recovery path

Dubai: Bank credit to the private sector has started to recover while higher oil revenues have also increased government deposits, further supporting the banking system’s liquidity and private …
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Posted on 10/02/2019

SMEs in Arab world need more bank financing, say government leaders

UAE Central Bank governor, and Ahmed Al Sayegh, minister of state and chairman of the Abu Dhabi Global Market.
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Posted on 10/02/2019

UAE remittance fees rise, but here are cheapest places to send money to

Dubai: Expatriates in the UAE have seen the cost of sending money home getting costlier recently, as service providers have increased remittance fees to as much as 9.75 per cent. Charges for …
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Posted on 09/02/2019

Where do women stand in the UAE financial services profession?

High-level positions in professions such as financial services fall short when it comes to diversity, particularly in terms of gender. Even though entry level gender parity is good, the proportion …
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Posted on 08/02/2019

UAE’s debt-to-GDP ratio drops, says IIF report

The UAE’s overall debt-to-GDP ratio has dropped by 7.1 percentage points with all four sectors – household, non-financial corporates, government, and financial sector – reducing debt, according to a r…
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Posted on 08/02/2019

UAE to Discuss Blockchain and Digital Assets at 7th World Government Summit

The Ministry of Finance (MoF) of the United Arab Emirates (UAE) will discuss the development of blockchain and digital assets in the country’s economy at the 7th World Government Summit.
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Posted on 07/02/2019

Dubai Islamic Bank marks listing of $750m bond

LONDON: Dubai Islamic Bank (DIB) on Wednesday marked the listing of a $750 million sukuk — or Islamic bond — on the Nasdaq Dubai exchange. Executives on Wednesday rang the opening bell at the exchange …
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Posted on 07/02/2019

UAE Food Bank launches 3rd operational site

Dubai Municipality has launched the third operational site of the Food Bank in Al Muhaisnah-2 in Dubai on Tuesday. Dawoud Al Hajri, director general of Dubai Municipality and deputy chairman of the UA…
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Posted on 07/02/2019

The UAE Food Bank launches third site in Dubai

The UAE Food Bank collects surplus fresh and canned food which is then distributed to those in need, both in and outside of the UAE. The UAE Food bank is one of the country’s best humanitarian …
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Posted on 07/02/2019

UAE launches third food bank in drive to reduce waste

The third food bank has started operations in the UAE as part of the country’s plans to reduce food waste. Dawoud Al Hajri, director general of Dubai Municipality and deputy chairman of the UAE Food B…
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Posted on 07/02/2019

Dubai Islamic Bank participates in the 21st National Career Exhibition

The bank reiterates commitment to Emiratisation and supports the government’s aspirations to promote growth of UAE Nationals in the private sector As part of DIB’s Emiratization development program, s…
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Posted on 07/02/2019

Emirates Islamic wins Human Resources Development award from Emirates Institute for Banking and Financial Studies

Dubai: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, and the preferred bank for UAE nationals, has been named the recipient of the ‘Human Resources Development’ award …
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