SHUAA launches three Sharia-compliant funds in ADGM
October 4, 2020
ABU DHABI/October 5: Abu Dhabi Commercial Bank (ADCB) closed its operations in Jersey on September 30, 2020. The decision to exit Jersey was announce...
Says $75 mn has been secured as commitments DUBAI (UAE)/October 4: SHUAA Capital, the leading asset management and investment banking platforms in the...
Accumulated losses of 13 UAE companies exceed 50 pc of share capital DUBAI/October 3: The third quarter financial results of the UAE’s listed companie...
Global asset management firm's 2nd investment in Reliance Group MUMBAI/October 3: The global investment firm TPG will invest Rs1,837.5 crore ($250.65 ...
RoE taking the hit as bank profit falls while capital still remains large ABU DHABI/September 30: Are the balance sheets of the UAE banks cloy...
THRISSUR/September 30: As if taking cue from the Lakshmi Vilas Bank episode a few days ago, the shareholders of Dhanlaxmi Bank on Wednesday voted agai...
Article 302 invoked: Accumulated losses cross 97% of share capital DUBAI/September 30: Shareholders of Arabtec Holding, whose total equity or networth...
To give away 75 per cent distributable profits from FY22 onwards ABU DHABI/September 30: The AED1.285 billion interim dividend approved by ADNOC Distr...
Bank's foreign investment limit under NRI/PIO raised to 24 pc KOCHI: The shareholders of the Thrissur-based South Indian Bank (SIB) on Tuesday approve...
Customer preference moving towards organised sector MUMBAI: The COVID-19-induced lockdowns and economic downturn have put the small and unorganised je...
MUMBAI: The BPCL employees, who have moved court challenging the company’s share disinvestment plan will be disallowed to participate in the ‘BPCL Emp...
Bank says depositors are safe MUMBAI: The story never ends for the capital-starved Lakshmi Vilas Bank Ltd (LVB). Following the dramatic AGM on Septem...
Owners of 55,200 shares fail to claim dividends for since 2012-13 KOCHI: Cochin International Airport Ltd (CIAL) has served the final deadline of Octo...
Tariff differential between Rjio and old players dwindling MUMBAI: India’s telecom sector has started maturing on all fronts commercially with...
D-SIIs attract enhanced regulatory supervision MUMBAI/September 25: The insurance regulator IRDAI has identified Life Insurance Corporation (LIC) of I...