![Dr B.R. Shetty, Founder and Co-Chairman of Finablr, at the London Stock Exchange[2] copy](https://gulfbusiness.com/wp-content/uploads/2019/08/Dr-B.R.-Shetty-Founder-and-Co-Chairman-of-Finablr-at-the-London-Stock-Exchange2-copy.jpg)
The family’s troubles began last month when Block’s Muddy Waters Capital issued a report criticising NMC’s accounts
Following the acquisition Dubai Islamic Bank has total assets exceeding Dhs275bn
As a result of concessionary loans made in Senegal, communities are thriving and supporting their country’s economy
Saudi Arabia’s fixed-income assets have been more resilient than those elsewhere in the Middle East
The kingdom last sold bonds in October when it raised a $2.5bn sukuk
The world’s richest 1 per cent have more than twice the wealth of the rest of humanity combined
Emirates NBD is seeking to seize or sell the undeveloped land in DIFC
The United Arab Emirates is home to three stock markets – NASDAQ Dubai, Abu Dhabi Securities Exchange and Dubai Financial Market
Blockchain’s decentralised technology has industry-disrupting capabilities, but how far will it venture in the trade finance arena?
Khaldoun Al Tabari faces criminal charges in the UAE filed by DSI
Lebanese lenders have tightened restrictions on US dollar withdrawals and transfers abroad
The Switzerland-based body serves as a forum for policy makers to discuss global economic developments
A total of 16 agreements have been signed between the two countries, including 11 business deals in the areas of oil and gas, petrochemicals, ports and telecommunications
The plan would help the debt-riddled Arab country which has been struggling with its worst economic crisis in decades
The free zone marked a year-on-year registration growth rate of 5.4 per cent
Goldman Sachs Group, one of the underwriters of the deal, exercised the over-allotment option and increased the offering
Besides a potential sale, the company is also considering to raise fresh capital as another option to fund its expansion
The new laws will offer a regulatory environment in line with common legislations and onshore Dubai practices
The fund’s stake declined to about 2.02 per cent as of December, down from a 4.99 per cent stake in June
The revamp will break apart the EMEA private banking business
The transaction reflects ADIB’s commitment to finance assets in the marine and energy sectors
Low interest rates, the rise of index-tracking funds and lacklustre hedge fund performance have pushed investors to private equity in search of higher returns
Olayan, 64, became the first woman to chair a Saudi-listed company
Issuers seized on low borrowing costs as central banks globally cut rates
The world’s 500 wealthiest people tracked by the Bloomberg Billionaires Index are now collectively worth $5.9 trillion
The company said it is considering a transaction wherein financing is being raised against the cashflows of the observation deck
The deadline has been moved from December 20 to December 26 to enforce better compliance
London-listed NMC’s stock lost 47 per cent last week after the report
Investors are seeking new catalysts for the stock after it was included in major emerging-market equity benchmarks
London-listed NMC called the Muddy Waters report “principally unfounded”