Tag: ipo

Dubai-based cryptocurrency exchange BitOasis is accepting new … Any new users wishing to purchase Bitcoin and Ethereum from the site must enter bank details, ID and proof of address before transactions more than that amount are enabled, a process that …
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First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates, on Monday reported a 3.5 percent profit fall in 2017, citing costs linked to its recent merger. FAB, the combination of National Bank of Abu Dhabi and First Gulf Bank, said its full …
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Emirates NBD, Dubai’s largest bank, said on Tuesday it had started initial strategic discussions with Russia’s Sberbank about a possible purchase of Sberbank’s stake in Turkey’s Denizbank. Emirates NBD has previously acquired BNP Paribas’ Eygptian banking …
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Emirates NBD, Dubai’s largest bank, said on Tuesday it had started initial strategic discussions with Russia’s Sberbank about a possible purchase of Sberbank’s stake in Turkey’s Denizbank. Emirates NBD has previously acquired BNP Paribas …
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First Abu Dhabi Bank (FAB), the UAE’s largest bank, on Monday announced that net profit for 2017 dropped 3.5 per cent to Dh10.92 billion as compared to Dh11.52 billion in the previous year. The group’s revenue also declined four per cent year on year to …
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Dubai: Dubai Islamic Bank (DIB) has said it is seeking shareholder approval for a plan to raise Dh1.647 billion on the Dubai Finacial Market by issuing additional shares. Shareholders will have a right to buy one share for every three shares held and will …
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He went on to say that Central Bank of Iran is finding a market instead of United Arab Emirates (UAE) for banking and monetary exchanges in the Persian Gulf region. Reopening Iranian accounts in China is the result of intensive and tough negotiations made …
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Dubai Financial Market (DFM) announced on Monday the listing of Bahrain’s Ithmaar Holding B.S.C. (Ithmaar), one of the leading investment institutions in the Kingdom of Bahrain, as trading commenced on the bank’s shares under the trading symbol (ITHMR …
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DUBAI, UAE / ACCESSWIRE / January 22, 2018 / Globally, many high and ultra-high net worth individuals have earmarked between four and six percent of their overall asset allocation into alternative investments like private equity, hedge funds, managed …
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Dubai: Bahrain-based Ithmaar Bank plans to add more than 100 branches in Pakistan this year through its subsidiary Faysal Bank, to capitalise on the country’s low penetration rate of banking services, a senior executive said. Ithmaar Bank owns 66 per …
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Al-Mutawa was speaking after Ithmaar Bank’s parent company, Ithmaar Holding, listed on the Dubai Financial Market on Monday. The company is already listed in Bahrain and Kuwait. “The listing is good news for the company for growth capital and we are well …
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It said Abu Dhabi Islamic Bank has contributed 165 residential units located in … “This is our second REIT in the UAE to achieve critical size and attract key institutional investors and we are very pleased with the support we have received from our …
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Dubai Islamic Bank (DIB), the UAE’s largest Islamic Bank, has announced the first UAE National as the grand winner in the fourth draw of its hugely successful ‘Double Your Salary’ campaign, held at DIB’s Reef Mall Branch. DIB’s ‘Double Your Salary …
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Abu Dhabi Commercial Bank posted a 7 percent rise in fourth-quarter net profit … 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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Kochi: A Kerala minister’s name has allegedly been used to threaten the agent of a Dubai bank when it sought the repayment of a loan given to an NRI businessman. The bank’s representative in India has complained to the chief minister Pinarayi Vijayan and …
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“People focus on Aramco as being the key thing,” said Salman Bajwa, chief executive officer of Dubai-based Emirates NBD Asset Management … economic and markets space. The Aramco IPO will be the confirmation that one phase of structural reforms …
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Emirates NBD Capital, the investment banking unit of Dubai’s biggest lender, joined Citigroup and Samba Financial Group in appointing a woman to lead its operations in Saudi Arabia as the kingdom embarks on unprecedented economic and social changes.
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