Tag: ipo

Deposits at UAE-based banks outvalued loans by Dhs85bn ($23bn) during the first 11 months of 2018, according to figures from the country’s Central Bank. The Eligible Liquid Assets Ratio rose to …
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Deposits outvalued loans at UAE-based banks by Dh85 billion ($23 billion) during the first 11 months of 2018, a media report said, citing the Central Bank of United Arab Emirates. The Eligible Liquid …
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Dubai’s biggest bank Emirates NBD has announced the launch of a new VAT-based loan programme for small and medium-sized enterprises (SMEs) in the country. SMEs can now apply for financing by …
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ISLAMABAD: The UAE Crown Prince Sheikh Mohammed bin Zayed Al Nahyan will visit Pakistan on Sunday after the two sides finalised the terms and conditions for a USD 6.2 billion assistance package to Isl…
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Latest in a series of global collaborations to keep UK and Dubai at the forefront of FinTech Dubai: Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle E…
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This year has seen a raft of banking and business regulations sweep across the UAE. There have been new tax laws, changes in Central Bank guidelines, and a general shift in bank compliance criteria. T…
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Noor Bank PJSC, which provided a $100 million loan to the collapsed Abraaj Group, won the right to swap the debt for stakes in some of the Dubai-based buyout firm’s funds, according to people with kno…
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(MENAFN) The UAE’s banking deposits from January to November last year recorded an 8.4 percent jump, reaching USD42.9 billion compared to the previous year. The boost in the three-six month …
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The UAE government’s financial assistance comes as Pakistan is negotiating a USD 8 billion bailout package from the International Monetary Fund (IMF) to overcome a severe balance-of-payments crisis. I…
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The package involves $3.2 billion worth of oil supplies on deferred payment, besides a $3 billion cash deposit, the Dawn reported. The UAE Crown Prince Sheikh Mohammed bin Zayed Al Nahyan will visit P…
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The aggregate balance of 3-6 month banking deposits amounted to Dh157.8 billion ($42.9 billion) during the first eleven months of 2018, up 8.4 per cent from the end of 2017, according the Central Bank …
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The net international reserves in the UAE banking sector hit an all-time high of Dh404.3 billion by the end of November, up 23.1 per cent of Dh76 billion from Dh328.3 billion during the same month in …
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“Dubai continues to grapple with over-supply in real estate, sluggish white-collar job growth, high cost of living and tougher enforcement of financial regulation,” said Hasnain Malik, head of equity …
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Meanwhile, Dalma Capital, a hedge fund management company in Dubai which currently manages a long-only Saudi equities fund is considering launching a hedge fund focused on Saudi Arabian equities in 20…
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Meanwhile, Dalma Capital, a hedge fund management company in Dubai which currently manages a long-only Saudi equities fund is considering launching a hedge fund focused on Saudi Arabian equities in 20…
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I lost my job as a call centre executive in Abu Dhabi in February 2017 after my employer forced me to resign. I was earning Dh6,000 in the UAE but I had to return to India where I now only earn 15,000 …
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The UAE Central Bank figures, cited by state news agency WAM, show that the value of investments by UAE banks, their subsidiaries and affiliates totalled AED53 billion ($14.4 billion) in the UK. The t…
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