Tag: ipo

The Finance Manager has responsibility for all aspects of financial reporting, controls and collections for the Middle East business. They will manage the back office transactions to ensure timely and …
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Noor Bank, a Shariah-compliant bank in the UAE, on Wednesday said its 2018 net profit jumped 62 per cent to Dh601 million as compared to Dh371 million in the previous year on the back of strong growth …
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The Dubai Financial Market general index closed 0.31 per cent higher at 2,492.58. Image Credit: Gulf News Archives Dubai: UAE bourses witnessed a temporary halt in sell-off on Wednesday …
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A picture shows a general view of the Dubai International Financial Centre. [Photo provided to China Daily] Chinese banks and investors have achieved great success through their entities in Dubai, rea…
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… the middle-east by opening a new fiat-to-crypto exchange in the United Arab Emirates (UAE), according to a February 12 report of local news outlet the Financial News. According to the report, Bith…
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Dubai – Mubasher: GFH Group on Wednesday announced that it has signed a $100 million agreement with a special purpose vehicle (SPV), owned by Terra Real Estate Investments LLC (Terra), with instrument…
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Dubai: Noor Bank, a Sharia-compliant institution, on Wednesday reported net profit of Dh676 million for 2018, before adjustments for property revaluations, marking a 74 per cent improvement in …
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The consolidation of the UAE’s finance sector is helping to drive economic expansion in the country and beyond, with companies like Union National Bank employing innovative growth strategies for the g…
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“The UAE is leading the way, Saudi is progressing … The bank plans to expand its reach within the Middle East region as it looks for more opportunities to finance deals in markets such as Oman. It i…
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The four biggest banks in the United Arab Emirates – First Abu Dhabi, Emirates NBD, Abu Dhabi Commercial Bank and Dubai Islamic Bank – will struggle to repeat 2018’s double-digit profit increases as l…
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The World Bank will set up its UAE office at Abu Dhabi Global Market, the capital’s financial hub, following the signing of an agreement at the World Government Summit in Dubai. The new bureau will se…
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Passively earned interest from bank deposits or dividend income cannot have VAT applied, the UAE Federal Tax Authority said on Tuesday. The government body said the income was “outside the scope of VA…
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Dubai: The World Bank will be establishing its office in the Abu Dhabi Global Market (ADGM), the International Financial Centre on Al Maryah Island, it has been announced. An agreement to set up …
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ABU DHABI (Reuters) – Citigroup expects the majority of investment banking opportunities in the Middle East to come from Saudi Arabia and the United Arab Emirates this year, said Miguel Azevedo, Citig…
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However, we don’t know the size of the IPO. We expect a very good response because we have a very good track record,” B.R. Shetty said on the sidelines of a conference in Dubai. He disclosed that JPMo…
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The celebrations come a month after the Dubai service stations were opened; a move that fulfilled one of ADNOC Distribution’s commitments as part of its IPO in December 2017. At the time the …
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Dubai: Uber will soon launch its latest product … drive into the region ahead of its landmark initial public offering (IPO) later this year. Facing stiff competition from local rival Careem …
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