The six-year bond with a 6 per cent interest rate was 2.1 times subscribed
A new management team was brought into the fund in 2017 to transform the state-owned institution
It invested in Reef Technology, a startup that manages hubs in parking lots used for food delivery and other services
The tribunal noted that Shailesh Dash exhibited “a formidable mastery of the arguments”
Organisations that accelerate their digital strategies are likely to be the businesses that will see an effective economic ‘bounceback’
The package was approved by the Crown Prince of Sharjah, Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, on Tuesday
The 2020 elections will show what matters the most to American voters: the stock market performance, or the real economy
Lenders should leverage the use of technology to understand customers’ needs and create a personalised journey for them, says IT firm Comarch
Export factoring provides a full suite of trade finance benefits including cash advances, credit protection, and collections and reconciliation services
The five-year sukuk was oversubscribed nearly three times
These three requirements are a must for the ‘new tomorrow’ in financial services
He was formerly appointed as CEO of Abu Dhabi National Energy (TAQA)
Swiss wealth manager Bank Julius Baer’s head of Equity Research, Patrik Lang, provides an overview of the current investment landscape
It reported a nine-month net profit from January-September 2020 of Dhs2.802bn, down 33 per cent compared to Dhs4.196bn in the corresponding period last year
The airline has committed to net zero carbon emissions by 2050 and a 50 per cent reduction in net emissions by 2035
Its operating profit of Dhs707.3m for Q1-Q3 2020 plummeted from Dhs862.3m during the same period last year
Starting November 8, newly listed stocks will be allowed to rise or fall 30 per cent on their first three days of trading
Gulf Business speaks to Ludovic Pernot, head of Private Banking Middle East at LLB, on the Covid crisis and plans ahead
The Nasdaq Dubai Growth Market will be operational by early 2021
The company has opened an office in Abu Dhabi’s Hub71 and Dubai’s DIFC FinTech Hive
Third quarter net profit rose 4 per cent sequentially
Investing in payment digitisation will drive financial inclusion, economic growth and wellbeing in today’s new reality
The stock fell as much as 10 per cent to trade at EGP60.10 pounds before paring the decline to 7.2 per cent at close
Sawaeed Holding is the fourth ADX listing in 2020
The new banknote will be put into circulation on October 25, 2020, as an official legal banknote
The overall value of economic support provided by the emirate in 2020 has risen to Dhs6.8bn
Digital money will have to co-exist with cash and other forms of tender
The bond has been rated Baa3 by Moody’s and BBB by Fitch
Prizes include access to Finastra’s FusionStore app marketplace
Total income for the first nine months of 2020 amounted to Dhs18.27bn