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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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