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Last Updated: Thu, Jun 22 2017 | 3:20 PM |
Dubai's Abraaj said to plan IPO of South African firm
Banking & Finance»

Dubai's Abraaj said to plan IPO of South African firm

Thursday, 22 June 2017 7:20 PM

Sources say initial public offering of Libstar may value the firm at as much as $1bn

UAE bank launches ATM withdrawals via smartphone
Technology»

UAE bank launches ATM withdrawals via smartphone

Thursday, 22 June 2017 2:30 PM

Customers of RAKBANK can now take out money from ATMs without the need of debit or credit card

Bounced cheques in UAE total $7.8bn in first five months of 2017
Banking & Finance»

Bounced cheques in UAE total $7.8bn in first five months of 2017

Wednesday, 21 June 2017 4:42 PM

Dishonoured cheques make up 4.5% of total value of $175bn handled by UAE Clearing Cheque System

Gulf states continue to prepare for VAT in time of crisis
Banking & Finance»

Gulf states continue to prepare for VAT in time of crisis

Wednesday, 21 June 2017 2:08 PM

In case of a prolonged crisis, Qatar would have to replace imports with 'costlier' non-GCC goods

Abu Dhabi exposes $14m car investment fund fraud
Banking & Finance»

Abu Dhabi exposes $14m car investment fund fraud

Wednesday, 21 June 2017 2:07 PM

Attorney General Ali Mohammed Abdullah Al Balushi says he has ordered referral of 54 suspects to criminal court

Dubai job matching portal closes $3m funding round
Banking & Finance»

Dubai job matching portal closes $3m funding round

Tuesday, 20 June 2017 6:58 PM

Bloovo.com, which was launched in Dubai in 2016, says it now has more than 1,850 employers in its database

Abu Dhabi court rules in investor's favour in case against Citi
Banking & Finance»

Abu Dhabi court rules in investor's favour in case against Citi

Tuesday, 20 June 2017 2:37 PM

UAE investor granted permission to pursue 'mismanagement' claims against bank

UAE private wealth to surge to $800bn by 2021
Banking & Finance»

UAE private wealth to surge to $800bn by 2021

Tuesday, 20 June 2017 9:08 AM

Households to grow wealth by average 7.4 percent, says Boston Consulting Group

Goldilocks inks deal to raise Dana Gas stake to 5%
Banking & Finance»

Goldilocks inks deal to raise Dana Gas stake to 5%

Monday, 19 June 2017 7:02 PM

Investment company says it has acquired 350 million shares in Abu Dhabi-listed energy firm

Mubadala says to sell stake in UAE's Tabreed to Engie
Banking & Finance»

Mubadala says to sell stake in UAE's Tabreed to Engie

Monday, 19 June 2017 1:44 PM

UAE fund will retain 42% shareholding in cooling firm under the deal with French energy giant

Dana Gas bid to void debt stuns analysts who question motive
Energy»

Dana Gas bid to void debt stuns analysts who question motive

Sunday, 18 June 2017 1:01 PM

Sharjah-based Dana Gas said it no longer considered its two Islamic bonds totalling $700m compliant under UAE law

More UAE couples say savings are a priority
Banking & Finance»

More UAE couples say savings are a priority

Saturday, 17 June 2017 1:05 AM

National Bonds Corporation poll shows that 27% more couples are keen to save money for future

Revealed: Saudi billionaire's Careem investment worth $62m
Banking & Finance»

Revealed: Saudi billionaire's Careem investment worth $62m

Thursday, 15 June 2017 2:06 PM

Prince Alwaleed's Kingdom Holding Company says it has acquired a 7% stake in Dubai ride hailing firm

Careem brings Prince Alwaleed on board, closes $500m raise
Banking & Finance»

Careem brings Prince Alwaleed on board, closes $500m raise

Thursday, 15 June 2017 10:00 AM

UAE’s Abraaj Group divests stake to Kingdom Holding in close of second round

Abu Dhabi authorities foil $170m bank robbery
Banking & Finance»

Abu Dhabi authorities foil $170m bank robbery

Thursday, 15 June 2017 9:56 AM

Gang of 44 attempt to steal money using bank employee who transferred large sums of money to five companies in five different banks


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