02/24/2021
Oryx is the first Western venture-capital fund to get backing from PIF, which made the investment through its Jada unit, according to a statement from Hambro Perks.
02/22/2021
SHUAA had recently announced its preliminary financial results for FY 2020, in which the Group doubled its profit year-on-year - with a net profit of AED 125 million in FY 2020, up from AED 47 million in 2019.
02/19/2021
Nicholas Cully, who also sits on the Group Board of the Sovereign Group as Sales Director, stepped down as Managing Director of Sovereign's Dubai office after five years in the role and over a decade in the Emirate
02/19/2021
AT1 bonds, the riskiest debt instruments banks can issue, are designed to be perpetual in nature, but lenders can call them after a specified period.
02/19/2021
In response, Expo organisers in Dubai have said that the initial attendance target remains unchanged, but may be revised closer to the six-month event’s October start date.