Tag: ipo

Dubai: As inflation picks-up and rates rise, UBS, which manages trillions of dollars of clients money, prefers to look at hedge funds as an alternative as co-relation between asset classes break down. Hedge Funds have historically outperformed other asset ... ( read original story ...)

Dubai International Financial Centre’s iconic Gate building has been decorated with giant images of 2 UAE leaders. To mark the 46th National day on 2 December, the 50×20 metre images portray the Father of the Nation, the late Sheikh Zayed bin Sultan Al ... ( read original story ...)

Assets of Islamic banks operating in the UAE amounted to Dh535 billion ($145.6 billion) by the end of October, around 6 per cent growth since the beginning of the year, accounting for 20.2 per cent of total banking assets in the country, valued at around ... ( read original story ...)

This was primarily because consumers in the UAE see cash as a quicker and safer payment option over which they have more control. However, card payments are gradually increasing supported by government financial inclusion programs, promotional campaigns by ... ( read original story ...)

The UAE Banking Pulse report analysed quarterly data of the 10 largest listed UAE banks in the third quarter of 2017 against the second quarter of 2017, and identifies prevailing trends throughout the intervening period. The report uses independently ... ( read original story ...)

(MENAFN Editorial) UAE, November 27, 2017- The Dubai Center for Islamic Banking and Finance (DCIBF), an entity formed through a partnership between Hamdan bin Mohammed Smart University (HBMSU) and the ‘Dubai the Capital of Islamic Economy' initiative ... ( read original story ...)

Taxis in the UAE would, therefore, charge no VAT to its passengers ... Guidance is expected from the Ministry of Finance and FTA over the coming days. ( read original story ...)

Mohammed Ibrahim Al Shaibani, executive director and CEO, Investment Corporation of Dubai said: “In the first half of 2017 the portfolio of ICD continued to deliver strong operating and financial results and steady growth. ICD remains focused on ... ( read original story ...)

ABU DHABI (Reuters) - RAK Ceramics plans to build a third plant in India to almost double its production capacity there next year, the UAE-based company's chief executive told Reuters. “Our target in India is to have 20 million square metres of capacity ... ( read original story ...)

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, received the prestigious award of “Financial Institution of the Year” at the first edition of the MEED Awards.. DIB was acknowledged for the bank’s consistent market leading performance ... ( read original story ...)