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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Dubai Financial Market : Careem to list on DFM – CEO
Dubai – Mubasher:Careem, ride-hailing app, intends to offer its shares for an initial public offering (IPO), CEO, Mudassir Sheikha, said hinting to potential listing on Dubai Financial Market (DFM). In an interview with Bloomberg, Sheikha added that the …
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DFM Launches “IPO Communications Guide” As Part Of Its Efforts To Spearhead Potential Issuers’ Adoption Of Best Practices
His Excellency Essa Kazim, Chairman of DFM said; “We are pleased to launch this guide in line with DFM’s commitment to further reinforce the leading position of Dubai as a dynamic capital markets hub. Promoting the IPO sector by encouraging and …
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Property Insurance Dubai by Juelmin Insurance Services LLC
Property Insurance Dubai by Juelmin Insurance Services LLC – Whether you have just purchased your first family home, or own a large property portfolio Juelmin offers the most comprehensive and competitive policies on the market. With a vast variety of …
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Property Insurance Dubai by Seagull Insurance Services Co. LLC
Seagull Insurance Services Co. LLC – Seagull insurance services company is one of the leading insurance services companies in Dubai. It was established on 1999. We are registered as an insurance brokers under the Federal Law # 9, of the year 1984 …
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Property Insurance by Oman Insurance Company Dubai
Under the Property All Risks Insurance the Policy indemnifies the Insured for accidental physical loss of or damage to the Property Insured whilst situated at the premises described in the policy. This will include loss or damage by Fire, Lightning …
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Dubai Properties begins handover at Dubai Wharf
Dubai Properties (DP) has announced that it has completed the first residential tower at its Dubai Wharf development, and that the residential units are being handed over to owners three months ahead of schedule The multi-million dirham Dubai Wharf …
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Property Insurance by Cosmos Insurance Brokers LLC Dubai
The fire insurance policy covers immovable and movable property, buildings, plant and machinery, furniture, fixtures, fittings, contents, stocks / stock in process, raw material, goods held in trust or in commission from loss or damage by fire or due to …
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Businessman loses Dh7b lawsuit against property company
Dubai: Dubai’s highest court dismissed an Iranian businessman’s Dh7 billion commercial lawsuit that he had lodged against a property development company and the three shaikhs who own it. The seven-year-old commercial dispute ended after the Dubai …
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Dubai property awaits Expo 2020 boost
Dubai property prices received a major fillip in November 2013 after the city won the bid to host the 2020 World Expo. This was followed by double-digit price growth in 2014 owing to significant speculative investment in the emirate’s real estate market.
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