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Tag: ipo

Posted on 09/10/2018

Dubai-based payments firm Network International mulls IPO

It was reported earier this year that Network International’s owners were working with investment banks Evercore and Citi on the IPO, with one source saying that that the IPO would either be a dual li…
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Posted on 09/10/2018

Qatar Sets Aside $2 Billion in Bid to Rival Dubai Financial Hub

(Bloomberg) — Qatar has allocated $2 billion to attract multi-national companies to its financial center in its latest effort to rival Dubai. Companies that set up a hub in Doha will be provided free …
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Posted on 09/10/2018

Part-Time Finance Lecturer

Metropolitan School of Business and Management UAE – Dubai – Part Time Finance lecturers needed for Finance Training from 11th to 15th of November. 1.Someone who can teach Financial Management modules …
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Posted on 09/10/2018

Century Financial Brokers to offer free investor education to help investors make informed investment decisions

UAE. Financial brokerage firm and online trading service provider, Century Financial, has launched an investor education initiative geared towards helping investors in the region make informed investm…
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Posted on 09/10/2018

UAE picks up 20th spot in nation branding index

Those theme parks and championship golf tournaments aren’t just for fun, they’ve also helped the UAE place 20th in the latest Brand Finance “nation brand” rankings, helped by a gain of 19 …
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Posted on 08/10/2018

Why Saudi crown prince’s 2021 Aramco IPO deadline may be difficult

Since the IPO plan was first announced … “The Sabic deal does add to the value of Aramco, but not enough to close the gap” said Robin Mills, who runs Dubai-based oil consultant Qamar Energy. “Higher …
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Posted on 08/10/2018

Education, health are new ‘darlings’ of investors

“Typically, when we want to go public, we target five to seven years [in the] horizon, but in the case of Right Health we are close to three to five years for its IPO. Listing for Right Health will mo…
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Posted on 08/10/2018

Dubai to offer digital payments on Pundi X technology

emcredit is the Dubai’s first credit bureau which launched operations as a federal corporation established by the Ministry of Finance. emcredit is a 100% subsidiary of the Dubai Department of …
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Posted on 08/10/2018

Improving government finances of UAE support higher spending

According to the Institute of International Finance (IIF), the sizeable fiscal consolidation of the past three years should put the fiscal stance on a more sustainable footing for the UAE over the …
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Posted on 08/10/2018

Jordan signs financial assistance agreements with Saudi Arabia, Kuwait, and UAE

Amman, Oct. 4 (Petra)- In the presence of Deputy Prime Minister and Minister of State, Rajai Muasher, the governments of Jordan, Saudi Arabia, Kuwait and the United Arab Emirates (UAE) signed a number …
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Posted on 08/10/2018

UAE and Saudi Arabia raise their nation brand value

The UAE and Saudi Arabia, both increased the value of their “nation brands” in 2018, based on the strength of their goods and services, investment potential and quality of life, according to the lates…
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Posted on 07/10/2018

Bank mergers help cut funding costs, enhance pricing power

Most analysts are of the view that a new round of bank mergers – the fourth series of consolidation in the UAE’s banking history – would serve to further consolidate the over-crowded financial system. …
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Posted on 07/10/2018

Lebanese fashion designer Zuhair Murad eyes IPO

Lebanese fashion designer to the stars, Zuhair Murad, is considering an initial public offering (IPO) for his Beirut-based multi-million … “We just opened our first boutique in Dubai in the Dubai Ma…
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Posted on 07/10/2018

Citi’s Middle East banking business is no joking matter

DUBAI: At around 6 p.m. last Tuesday, Atiq Rehman was racking his brains for a joke. The CEO of the Middle East and Africa for Citigroup, the giant American banking business, was delivering closing re…
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Posted on 06/10/2018

UAE, Saudi Arabia and Kuwait give $10bn to support Bahrain reforms

The UAE, Saudi Arabia and Kuwait have pledged $10 billion (Dh367bn) in financial support for Bahrain’s reforms package that aims to eliminate the kingdom’s budget deficit by 2022. Bahrain announced th…
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Posted on 06/10/2018

UAE offers Dh12.5b support to Bahrain

Abu Dhabi: The UAE has signed a financial cooperation agreement worth Dh12.5 billion with the government of Bahrain to support the country’s financial stability and stimulate economic growth.
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Posted on 05/10/2018

Plans approved to create Saudi Arabia’s third biggest bank

The new bank will be a leader in responsible lending and will set new standards for financial awareness and literacy,” said SABB chairman Khaled Suleiman Olayan. Video of Five things to know about… UA…
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