The state energy giant is preparing to gauge interest in the assets from potential investors
The latest funding round has boosted the Indian online retailer’s valuation to $37.6bn
The additional funding comes after an initial financing of Dhs300m was secured earlier this year from the bank
The Qatari lender last month had offered $128m to raise its holding to 50.1 per cent from 34.9 per cent
Shuaa has approached banks to set up three blank-check companies of around $200m each to pursue deals in the energy, finance, and technology sectors
The healthcare and education investment firm acquired 51 per cent of Shifa Al Munthaza Polyclinic
The IPO gives Yahsat a market value of about Dhs6.7bn
Mashreq will offer financing of up to Dhs10m to SME customers, of which 50 per cent will be guaranteed or co-lent by EDB
Stratus was acquired by Arcapita in late 2017 and its enterprise value has since tripled
Dubai’s US-dollar denominated debt listings are now valued at $98.5bn
The average Saudi life expectancy is 75 years, and the official retirement age is about 60 for men and women
Emirates Pay is an alternative method for travellers to pay for air tickets purchased online by directly debiting their bank account
RAKBANK will offer SMEs and larger businesses based in free zone easy access to account opening services, loans, and credit facilities
Aldar will invest a fixed amount in one or more ESG projects if it does not reach agreed annual targets
The Future Generations Fund, managed by Kuwait Investment Authority, has risen to a record of about $700bn
Security selection will be particularly important within high yield
Investments in companies that prioritise social and environmental objectives perform as well financially as traditional investments
The move widens the services Standard Chartered can offer in the country
2020 has clearly depicted that investors must focus on prioritising companies with sound business models, writes entrepreneur and investor Shailesh Dash
Proceeds will be used for investing in future growth
The digital currency had reached a record near $65,000 in mid-April
Eyewa aims to take its e-commerce model and expand into brick-and-mortar retail operations at key locations in the region
Alpha Dhabi traded as high as Dhs20 in a direct listing
Incentives, including green lending discounts and certifications, access to targeted growth programmes, and trade-related benefits, will be offered to businesses that meet the required criteria
Global trends of investing with purpose have been reflected regionally as well
To deliver the future of banking, managing IT spend needs a new approach
The two companies have also agreed to form a joint innovation partnership
The company has Dhs10bn in paid-up capital
Bitcoin has lost more than 50 per cent from its mid-April high of almost $65,000
The $134bn pension fund recorded 20.9 per cent growth in assets in the year ended March 31