Nasdaq Dubai will add Emaar Development to its futures market as soon as the company lists its shares on Dubai Financial Market (DFM) following its initial public offering (IPO). The listing is expected to take place on November 22 nd. Investors will be …
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Qatar- Saudi crackdown almost derailed Emaar IPO UAE offers now at risk
(MENAFN – Gulf Times) A Dubai property developer managed to pull off the Middle East’s largest initial share offering this year, but only after it was almost derailed by the sweeping arrests in neighbouring Saudi Arabia, where authorities say they’re …
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Adnoc to sell up to 20% stake in fuel unit through IPO
The shares will be listed on December 13, it added. “The planned IPO [initial public offering] … will offer both UAE and international investors an unprecedented opportunity to invest alongside Adnoc in one of the region’s leading retail brands …
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MIDEAST STOCKS-Geopolitics weigh on markets, Abu Dhabi firm on ADNOC IPO plan
UAE’s Dana Gas rebounds after fall on London sukuk ruling * Dubai’s Emaar continues fall on unit’s IPO pricing * Abu Dhabi attracts interest with ADNOC unit’s IPO * Qatar National Bank falls 1.9 percent By Aziz El Yaakoubi DUBAI, Nov 20 (Reuters …
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Emaar Properties : Development’s IPO to attract large number of Saudi investors
Dubai – Mubasher: Emaar Properties on Monday said that the initial public offering (IPO) of its unit, Emaar Development attracted a large number of regional investors, especially Saudi investors. The qualified Saudi investment institutions represented a …
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UAE MoF Organises a Workshop Titled ‘Practical Application for the Avoidance of Double Taxation Agreements’
The Ministry of Finance (MoF), organised a workshop titled ‘Practical Application for the Avoidance of Double Taxation Agreements’, in cooperation with the Organisation for Economic Cooperation and Development (OECD), between 20-22 November in Dubai.
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UAE MoF Holds Workshop on Financial Coordination at a Federal Level
As part of its efforts to raisestandards of financial management, and enhance financial policy integration across different emirates; the Ministry of Finance (UAE) held a workshop on financial coordination at a federal level. The workshop reflects the …
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Saudi Crackdown Sent Shivers Through Largest Middle East IPO
The government of Dubai is the largest shareholder in parent Emaar Properties, while Abu Dhabi has close ties with the Saudi regime. “We are pleased to have received significant retail and institutional support for our IPO, the first in Dubai in three …
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Slight fall in Dubai gold prices as dollar holds up
22-karat gold can be bought for Dh145.25 in Dubai Gold prices inched down on Tuesday … according to Reuters technical analyst Wang Tao. Hedge funds and money managers raised their net long position in COMEX gold by 7,027 contracts to 173,562 contracts …
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Saudi Crackdown Sent Shivers Through the Largest Middle East IPO
The government of Dubai is the largest shareholder in parent Emaar Properties, while Abu Dhabi has close ties with the Saudi regime. “We are pleased to have received significant retail and institutional support for our IPO, the first in Dubai in three …
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UAE banks federation unveils new brand identity
Reinforcing its pivotal role in driving the continuous growth and development of the country’s banking sector, the UAE Banks Federation, a professional representative body comprising 48 member banks operating in the UAE, has launched a new brand identity.
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DIB Wins UAE’s Strongest Islamic Retail Bank for 2017
Dubai Islamic Bank, the UAE’s largest Islamic bank, took home the title of ‘Strongest Islamic Retail Bank’ in the UAE 2017 at the Islamic Retail Banking Awards (IRBA) for the third consecutive year. Hosted by Cambridge IF Analytica, the third Islamic …
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Opinion: The UAE’s shift towards becoming a hub for financial innovation
However, the banking sector in the UAE continues to be quite fragmented, with 23 domestic banks and 29 foreign institutions operating onshore, as well as a plethora of alternative finance companies that exist to serve SMEs and retail clients whom have …
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FAB Recognised as Top UAE Financial Institution for Climate Change Action
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has emerged as the highest scoring UAE financial institution for its latest climate change response to global environmental disclosure …
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The United Arab Emirates says it’s on track to go to Mars within three years
It sounds like a challenge of galactic proportions.The United Arab Emirates (UAE) says that despite its space agency only being three years old, it remains on track to launch a probe to Mars by 2020. The Hope probe would touch down on the red planet by …
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Emirates Institute for Banking and Financial Studies Convenes Annual HR Managers Forum
Jamal Al Jasmi, General Manager of the Emirates Institute for Banking and Financial Studies, welcomed 38 HR manager and representatives from various UAE-based banks to the forum, andsaid: “The purpose of the annual HR Forum is to highlight the challenges …
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DIB Wins UAE’s Strongest Islamic Retail Bank 2017 for Third Year in a Row
Dubai Islamic Bank, the UAE’s largest Islamic bank, took home the title of ‘Strongest Islamic Retail Bank’ in the UAE 2017 at the Islamic Retail Banking Awards (IRBA) for the third consecutive year. Hosted by Cambridge IF Analytica, the third Islamic …
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