“Through the results of the research, it’s not surprising to see that the UAE continues to be rated highly globally for the financial benefits it offers. This has been one of the cornerstones of why people seek career opportunities here and it is …
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9 money tips if you lose your job in the UAE
Bear in mind the UAE’s employment laws regarding sponsorship … “Monthly or fixed-term savings tools can offer a timely back-up when you are faced with unforeseen financial hurdles such as job loss,” says Barhaji. “It really is a good idea …
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Gold Market Charts – A Month in Review
The posts include charts of the Chinese Gold Market, the flow of gold from West to East via the London and Swiss gold markets, and the holdings of gold-backed Exchange Traded Funds (ETFs … with the UAE (Dubai) a distant third providing 16 tonnes …
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Qatar’s IHG receives QFMA approval for IPO listing
DUBAI: Investment Holding Group (IHG), the Qatari construction … IHG will be the first Qatari family business to get a listing in the Qatar Stock Exchange through an IPO, it said in a statement. “Given the group’s long expertise, we are confident …
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Dubai Financial Market : UAE bourses need more catalysts – Analysts
Dubai – Mubasher: UAE stock markets are still in an upward trend, but they need more catalysts and liquidity to support this positive performance, analyst told Mubasher. The Dubai Financial Market (DFM) leapt on Monday 0.8% to 3,552 points and the Abu …
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Hrithik, Sussanne holidaying together in Dubai
Several other hedge funds and other institutional investors have also added … but we completely understand that Raees was in the waiting for far too long. Dubai giant ups stake for majority share in Korean port PNC is the largest terminal in Pusan …
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Dubai Financial Market : UAE markets stability subject to institutional investments – Analysts
Dubai – Mubasher: The UAE markets stability on Monday and for the rest of the week is subjected to the entry of the long-term institutional investments to make use of the prices of some mega firms. Investment portfolios tended on Sunday to purchase with …
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MoF holds the third meeting of the Government Financial Policy Coordination Council for 2016
The Ministry of Finance (MoF) organised the third and final meeting of the Government Financial Policy Coordination Council for 2016 at its premises in Dubai. The meeting was headed by HE Younis Haji Al Khoori, Undersecretary of MoF and Chairman of the …
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China’s Gold Market Opens Up To Boost RMB Internationalization
In addition, the international board uses RMB for settlements, producing an effective convergence of the RMB offshore and onshore markets, expanding the cross-border use of the RMB and providing a new channel for return of funds. All these points steadily …
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UAE banks stay rooted in stability despite challenges
The banking system in the UAE was remarkably resilient in the face of multiple challenges throughout 2016 – be it low crude prices, contraction of government investment or unpredictable global political events. UAE banks continue to be well-capitalised and …
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UAE banks stay rooted in stability despite…
The banking system in the UAE was remarkably resilient in the face of multiple challenges throughout 2016 – be it low crude prices, contraction of government investment or unpredictable global political events. UAE banks continue to be well-capitalised and …
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DFM launches 'IPO Communications Guide'
Dubai Financial Market (DFM) launched on Monday its “IPO Communications Guide”, as part of the exchange’s continuous efforts to develop various practical guides that explains the regulatory framework of going public as well as the international best …
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Careem plans 2019 IPO as it works toward profit
Dubai: Careem Networks FZ, which competes with Uber Technologies Inc in the Middle East, may sell shares to the public in the next three years after a fundraising round valued the company at about $1 billion (Dh3.67 billion). “We are on a path to …
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Saudi newspaper says report on huge Aramco stake sale was wrong
DUBAI Major Saudi Arabian newspaper al-Eqtisadiah retracted a report on Sunday that said state oil giant Saudi Aramco IPO-ARMO.SE planned to sell 49 percent of its shares over the next 10 years. The report published on Saturday was “completely wrong and …
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Apollo Global, Abraaj Group invest in Laureate before possible IPO
The team handling media queries for the company is in Dubai and did not respond to a request for comment … Laureate registered with the SEC for an IPO last year, but those plans have not moved forward amid a turbulent market, regulatory scrutiny of …
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Saudi Aramco's landmark IPO seen boosting transparency
“If Aramco’s much-touted IPO does go through, it will be difficult to put a reliable dollar figure on its value,” Dr. Yasser Al-Saleh, a former Aramco engineer and now faculty member at Dubai’s Mohammed bin Rashid School of Government wrote in a …
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Saudi Arabia switches OPEC tack with eye on world’s top IPO, but it’s still far from ‘break even’
a credit analyst at Commerzbank AG in Dubai, said in an interview. “It’s more a question of building confidence in the economy. If crude stabilizes at higher prices, that will give more certainty and provide a stronger basis for the Aramco IPO.”
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