Tag: ipo

With the low interest rate environment in the UAE meaning your savings often are not even keeping up with the real rate of inflation, banking offshore means you can enjoy significantly higher interest rates than what you’d find in UAE. Here are our …
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The report provides information on the strengths and vulnerabilities of the UAE financial system and the regulatory and policy measures introduced by the Central Bank. The report also includes assessment of key macro- financial and banking sector developments.
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The United Arab Emirates has put at least $15 billion into the Vision … But he hasn’t divested his Cadre stake, valued at $5 million to $25 million on his most recent financial disclosure form. People close to Cadre – whose founders include Jared …
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Deputy Ruler of Dubai and UAE Minister of Finance, Sheikh Mansour bin Mohammed bin Rashid Al Maktoum and Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State and National Media Council Chairman. Sheikh Mohammed discussed with the media personalities …
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Mr. Knab has frequently served as chairman of hedge fund conferences in New York, Greenwich, Tokyo, Shanghai, Hong Kong, Miami, Bahamas, Stockholm, Dubai etc. In addition, he has presented or moderated at hedge fund events in London, Geneva, Zurich …
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Emirates NBD PJSC is buying the lender from Russia’s Sberbank at a time when the country is struggling with a plunging currency, a wave of debt restructurings, looming elections and political meddling in the finance industry. The purchase is both Turkey …
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McKinsey’s latest research reveals that at least 80 per cent of urban consumers in the UAE now prefer to do a portion of their banking through digital channels. The new digital banking experience is about agility, mobility, connectivity, efficiency and …
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While UAE residents are keeping better tabs on their finances with fewer living beyond their means, saving and staying on top of debts is now a struggle, a new personal finance index from Abu Dhabi Islamic Bank has revealed. According to the bank’s …
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The UAE’s very high fiscal strength reflects the country’s record of large fiscal surpluses and build-up of very large financial assets in Abu Dhabi’s sovereign wealth fund (ADIA). Although the general government fiscal position deteriorated significantly …
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Dubai: The UAE’s banking system has “sufficient capacity to withstand a severe yet plausible deterioration in macroeconomic and financial market conditions,” according to the country’s central bank. The assessment comes after banks in the UAE …
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CBI stepped up its investigations after huge unauthorised lending by PNB to jewellers Nirav Modi and Mehul Choksi (uncle and nephew) rattled the banking industry. MUMBAI: In a rare move, the United Arab Emirates (UAE) has given its banks go-ahead to share …
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Souqalmal.com has also released its annual rankings of the UAE’s ‘Most Popular Banking Products’ to supplement the findings from the survey. The rankings cover four of the most visited product categories – personal finance, credit cards …
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This will include case studies from the UAE commodity markets, maritime law issues, environmentally inspired investments and the development of new trade-supporting financial products. Trevor Pereira, managing director of The Maritime Standard, says …
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Read: Founder of Dubai’s Abraaj faces investor revolt Bloomberg cited sources as confirming an audit commissioned by the Bill and Melinda Gates Foundation, the World Bank Group’s International Finance Corp and other investors suggested money from the …
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Only a third of UAE residents would actively recommend their bank to friends and family, according to a new survey from personal finance comparison website Souqalmal.com. In the 2018 edition of its bank satisfaction survey – which queried more than 7,000 …
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The Dubai Financial Market General Index (DFMGI) ended in positive territory last week, up 49.79 or 1.73 per cent to close at 2,931.59. This was only the first time in five weeks that the index ended higher and the third time in thirteen weeks. However, it …
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Discussions around poor financial advice in the UAE have ramped up in recent weeks as insurers and advisers battle it out over who is to blame. Friends Provident International, one of the biggest providers of expensive fixed-term investment plans, has …
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