Dubai Islamic Bank, Noor Bank agree to share-swap deal
One share in Dubai Islamic Bank will be swapped for 5.49 shares in Noor Bank...
Tag : Dubai
Saudi Aramco lures investors in Dubai for IPO
The confidential meeting with investors in Dubai was Aramco’s second outside Saudi Arabia...
Dubai Islamic Bank weighs in on Noor Bank acquisition
The board of directors are expected to meet on November 25 to discuss the possible acquisition...
Dubai fintech NOW Money driving financial inclusion for low-income workers
70% of the GCC’s population, mostly low-income expat workers, do not have a bank account – NOW Money wants to change that...
Dubai property price drop to slow down in 2020
The market will see a 5% to 7% correction as demand increases, according to local media reports...
Dubai’s Manrre REIT to expand despite slump in property prices
The fund also plans lists its share on the stock exchange within the next few years...
Dragon Oil buys BP’s Egyptian concessions, to invest $1 bn
Dragon Oil to increase production to above 75,000 bpd for the next 10 years...
Emirates NBD to raise Dh6.45 bn from rights issue
The bank plans to expand abroad and attract more foreign investments...
UBS to advise on potential Arabtec-Trojan merger
Dubai-based Shuaa Capital will also act as an adviser on the potential merger...
Blockchain technology is vital to Smart Dubai implementation
Smart Dubai is developing more than 30 blockchain platforms that will host a big chunk of the government use cases...