The IPO is the cornerstone of Prince Salman’s economic program … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Doha Bank Wins ‘Best Local Bank in Qatar’ Award
Doha Bank was named the ‘Best Local Bank in Qatar’ by the EMEA Finance Middle East Banking Awards 2017 at a ceremony in Dubai recently, the bank said in a press statement on Tuesday. The award, which marked Doha Bank’s contributions towards strengthening …
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Assistant Finance Manager – Investment – Black Pearl Management and Human Resource Consulting LLC – Dubai Jobs
hedge funds, private equities (direct & indirect), co-partnerships, structured products, etc.Supervising accounts department of real estate division with Leasehold developments, Property development, Asset management and other Real estate businesses …
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Creditors look to sell Saudi Arabia’s Al-Gosaibi debt on rising price -sources
DUBAI, March 8 (Reuters) – Bahrain-based Gulf International … Reuters was not able to confirm the buyer of GIB’s debt, but sources said hedge funds and other traders specialising in distressed debt have shown an increased interest in AHAB and Saad …
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Martin Shkreli must forfeit $7.4 million, including infamous Wu Tang album
Black Panther lives up to the hype Asa Asika and his girlfriend, DJ Cuppy have rented out a cinema in Dubai to see Disney/Marvel box office … shouldn’t have to forfeit anything because the hedge fund investors actually ended up making a profit from …
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Stream It Or Skip It: ‘Living Biblically’ On CBS, A Sitcom Where A Guy Decides To Take The Bible Literally
Opening Shot: A shot of a skyline resembling Dubai or Abu Dhabi, with a Mercedes driving down … The Gist: Alex Godman (James Norton) is a banker in control of a well-regarded hedge fund with his name on it. He considers himself British, having been …
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55% of UAE Homebuyers Look to Finance Their Homes
The sharp rise to 55% of buyers financing their home is a sign of maturity in the UAE real estate market, as more and more residents take advantage of low borrowing costs to buy a property. Indeed, the pendulum officially swung from majority cash-buyers to …
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Officials From UAE And Houston Discuss Hurricane Harvey Recovery Efforts
Ambassador Yousef Al Otaiba Meets with Local Leaders to Identify Projects for UAE Funds; Celebrates Opening of UAE Consulate in Houston HOUSTON, March 8, 2018 /PRNewswire/ — United Arab Emirates (UAE) Ambassador to the US Yousef Al Otaiba met with Houston …
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Dubai blogger behind ‘I Retired Young’ on how he achieved financial independence
Deciding to retire at the age of 48 was a decision David Cox made quickly. Working as an accountant in the UAE construction sector, where he says business continued to be difficult in 2011 and 2012 following the global financial crisis, had taken it out of …
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55% of UAE homebuyers look to finance
The sharp rise to 55% of buyers financing their home is a sign of maturity in the UAE real estate market, as more and more residents take advantage of low borrowing costs to buy a property. Indeed, the pendulum officially swung from majority cash-buyers to …
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Dubai digital bank allows you to split bills via social media
Launched in early 2017, Liv. is the UAE’s first digital-only bank which curates a daily feed of personalised lifestyle promotions and offers for its customers, supported by a growing number of partner brands which include Careem, Zomato, Tesla and …
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UAE solar energy startup Pawame raises over $2m
Pawame, a UAE based solar start-up, has secured $2 million in funding … It offers the cost-effective, pay-as-you-go solar home systems to remote areas of Africa on a micro-finance basis. The funding raised will also fuel its expansion in Kenya and …
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Dubai index falls below key 3,200 level
The Dubai Financial Market General Index closed 0.72 per cent lower at 3,181.96 on Wednesday after trading in the range of 3,200-3,300 since February 17. “The index shall extend the fall to the 50 per cent and the 61.8 per cent Fibonacci retracement …
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UAE-based solar energy start-up Pawame raises over $2 million
The company provides reliable, cost-effective pay-as-you-go solar home systems to remote areas of Africa on a micro-finance basis, making it affordable for everyone. Its investors are primarily GCC based, with its largest shareholder being senior …
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London’s best argument for staging Aramco IPO: It is not New York
LSE officials can advance several plausible arguments why it should stage the Aramco IPO. David Hodson, veteran oil executive and financier and managing director of Dubai-based Blue Pearl Management, said: “The big thing London has going for it is that …
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Saudi Acwa Power picks JPMorgan, Citi for IPO: sources
Dubai: Saudi Arabia’s ACWA Power has selected JPMorgan, Citigroup to arrange the initial public offering of its shares, which could raise up to $1 billion, sources said. The two international banks have been selected as global coordinators and a third …
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Aramco IPO venue in the balance as Saudi prince embarks on trip
sources familiar with the IPO discussions have said. (Writing by Rania El Gamal; Additional reporting by Tom Arnold in Dubai, Jennifer Hughes in Hong Kong and John McCrank in New York; Editing by Pravin Char)
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