The Contour blockchain platform enabled end-to-end digitisation of the documentation required to import flat carbon steel
Banks can draw on the facility to provide new loans and financing
The bank’s operating profit dipped 12 per cent y-o-y to Dhs319m
The highest ranked Arabs originating from Kuwait in Gulf Business’ annual Arab power list
Net profit for the three months ended March 31, 2021, amounted to Dhs164.2m, compared to Dhs153.7m for the corresponding period last year
As economies remain volatile, investing smartly can help anyone achieve financial freedom, according to AIX Investment Group
The move is part of an ongoing review of the company’s strategy by its chief executive officer
The cabinet approved a draft law that will allow overseas investors to own up to 100 per cent of listed companies
Having a pension solution ensures that the employer sets aside a defined amount on a periodic basis for end of service benefits, opines Reena Vivek, senior executive officer, Zurich Workplace Solution
Tristar’s IPO was slated to be the second listing in three years on the Dubai Financial Market
Banks will have until the end of 2023 to implement the changes
The highest ranked Arabs originating from Qatar in Gulf Business’ annual Arab power list
The token rose as much as 4.3 per cent to $62,531
The highest ranking entries originating from the UAE in Gulf Business’ annual Arab power list 2021
The company had planned an IPO in 2018 or 2019 but it was pulled after then-US President Donald Trump imposed tariffs on aluminum imports from the UAE
The highest ranked Arabs originating from Saudi Arabia in Gulf Business’ annual Arab power list
Emirates will offer discounted fares for attendees of the Sharjah Entrepreneurship Festival and to startups relocating to the UAE through Sheraa’s initiatives
Zand aims to make banking quicker and simpler, via its digital offerings
Mubadala is in talks with US investor EIG Global Energy Partners, the lead member of the consortium
Over 6,000 new member companies joined Dubai Chamber in the first three months of 2021
JMR Infotech’s innovation adds value to the digital transformation journey of banks and financial institutions in the Middle East and Africa region
Technology companies have already raised $20bn in US IPOs this year
The new position follows the appointment of Khaled Mohammed Al Tameemi as central bank governor
OQ is an integrated energy company with oil and gas exploration and production operations, refineries, a retail network and a large petrochemical business
The newly created Saudi Tadawul Group will have four subsidiaries
He previously held the central bank’s deputy governor post
Its revenues also pared to Dhs5.35bn in 2020
The funding surge is happening as Bitcoin hits record highs
The total value of the bank’s sukuk listed on Nasdaq Dubai stands at $17.14bn
The company plans to offer up to 24 per cent of its shares in the IPO