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BENCHMARK EXCLUSIVES

Dubai announces another stimulus valued at AED315 mn

Total value of incentive packages reaches AED7.1 bn BBN Report DUBAI/January 06-2021: The latest in the series of stimulus initiatives announced by Dubai since the...

UAE records AED4.2 bn surplus operating balance in Q2 even as taxes nosedive 59 pc

COVID clouds loom large, but banks see a silver lining in India

No compromise on debt servicing despite 14 pc cut in Dubai budget size

Dhanlaxmi seeks shareholders’ ‘go’ to appoint Sivan JK as new MD & CEO

All 413 Articles

NEWS AROUND

V-Guard acquires 19 pc stake in Mumbai-based Gegadyne Energy Labs for Rs33.5 cr

BBN Report KOCHI, January 15-2021: V-Guard Industries said its board has approved the acquisition of 18.77 per cent state in Gegadyne Energy Labs Pvt Ltd...

Legacy employees of ‘Catholic Syrian Bank’ now a minority!

Tata Power bags Rs488 cr solar project from KSEBL

CSB Bank playing safe with large gold loan portfolio

AICTPL’s $300 mn bond issue priced at 3 pc

All 396 Articles

SME HUB

RakBank, MetLife join hands for life insurance solutions for bank customers

BBN Report DUBAI/December 14-2020: MetLife, one of the largest global providers of insurance, annuities, and employee benefit programs, has announced a 10-year strategic preferred partnership...

UAE-UK deal to boost trade, export credit opportunities

GFH Group collective investments portfolio valued at AED991mn

Shuaa announces partnership with Arton

Auditors ‘qualify’ Gulfa Mineral Water accounts

All 60 Articles

GULF & ABROAD

UAE banks’ assets decline MoM 1.2 pc to AED3.2 trn in November

BBN Report M1 up even as M2 and M3 fall during November ABU DHABI/January 17-2021: The UAE’s Money Supply aggregate, M1 increased by 1.7 per...

Arabtec mulls selling its prestigious subsidiaries – Target and AES

FAB’s CNY1.5bn issue becomes second bond in 2 days

FAB raises $500 mn through sukuk priced at 1.41 pc; issue oversubscribed three times

Shuaa-led consortium buys out AED1.13bn debt of SMG

All 266 Articles

CSB gives marching orders to hundreds of officers through new circular

January 22, 2019 CL Jose 1 BENCHMARK,

About 300 officers will retire two years in advance THRISSUR: A circular issued by Catholic...

UAE banks’ assets decline MoM 1.2 pc to AED3.2 trn in November

January 18, 2021 Benchmark Bureau 0 GULF AND ABROAD,

BBN Report M1 up even as M2 and M3 fall during November ABU DHABI/January 17-2021:...

V-Guard acquires 19 pc stake in Mumbai-based Gegadyne Energy Labs for Rs33.5 cr

January 15, 2021 Benchmark Bureau 0 NEWS AROUND,

BBN Report KOCHI, January 15-2021: V-Guard Industries said its board has approved the acquisition of...

Arabtec mulls selling its prestigious subsidiaries – Target and AES

January 13, 2021 Benchmark Bureau 0 GULF AND ABROAD,

BBN Report Puts deNovo, Lumina Capital Advisors on the job DUBAI/January 13-2021: Arabtec, the construction...

FAB’s CNY1.5bn issue becomes second bond in 2 days

January 12, 2021 CL Jose 0 GULF AND ABROAD,

BBN Report Bank all set to cross AED1trn in assets after Q4 results ABU DHABI/...

FAB raises $500 mn through sukuk priced at 1.41 pc; issue oversubscribed three times

January 11, 2021 Benchmark Bureau 0 GULF AND ABROAD,

BBN Report More banks in queue to cash in on record low price ABU DHABI,...

Shuaa-led consortium buys out AED1.13bn debt of SMG

January 10, 2021 Benchmark Bureau 0 GULF AND ABROAD,

DUBAI/January 10-2021: SHUAA Capital, the leading asset management and investment banking platform in the region...

Legacy employees of ‘Catholic Syrian Bank’ now a minority!

January 10, 2021 Benchmark Bureau 0 NEWS AROUND,

By CL Jose Only 673 employees now under Defined Benefit Pension scheme KOCHI/January 03-2021: The...

At last, thaw in UAE-Qatar relationship!

January 8, 2021 Benchmark Bureau 0 GULF AND ABROAD,

ABU DHABI, 8th January, 2021: Giving clear indications to a break-away from a longer than...

Tata Power bags Rs488 cr solar project from KSEBL

January 7, 2021 Benchmark Bureau 0 NEWS AROUND,

25-year PPA signed with Kerala’s electricity board By Amit Chettupuzha MUMBAI-THIRUVANANTHAPURAM/January 07-2021: Tata Power, India’s...

Emirates NBD may have to issue more bonds this year

January 7, 2021 CL Jose 0 GULF AND ABROAD,

Bank needs to honour AED16.5 bn worth redemptions this year DUBAI/January 07-2021: Emirates NBD, the...

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GULF & ABROAD

Emirates NBD may have to issue more bonds this year
Bank needs to honour AED16.5 bn worth redemptions this year DUBAI/January 07-2021: Emirates NBD, the largest Dubai-based bank with an ...
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Six health assets brought under newly formed Mubadala Health
Mubadala Health to seek forging global partnership ABU DHABI/January 06-2021: Mubadala Investment Company, Abu Dhabi’s strategic investment vehicle, is working ...
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Gulfa General Investments plans 4-fold increase in paid-up capital
Existing shareholders enjoy priority right for share subscription By Amit Chettupuzha DUBAI/January 06-2021: Gulfa General Investments Company, formerly Gulfa Mineral ...
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SME HUB

RakBank, MetLife join hands for life insurance solutions for bank customers
BBN Report DUBAI/December 14-2020: MetLife, one of the largest global providers of insurance, annuities, and employee benefit programs, has announced ...
Read More
UAE-UK deal to boost trade, export credit opportunities
By Renji C DUBAI/ November 24-2020: Etihad Credit Insurance (ECI) and the UK Export Finance (UKEF) have signed a reinsurance ...
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GFH Group collective investments portfolio valued at AED991mn
GFH holds minority stakes in Snowflake, UiPath, DoorD, etcash, DataRobot, Samsara, BYJUs, Outreach BBN Report BAHRAIN/November 19-2020: The GFH Financial ...
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LATERAL VIEW

Saudi organisations witness dramatic increase in cyberattacks in 12 months
About 61% of attacks also involve operational technology, Tenable report shows Dubai: As cybercriminals continue their relentless attacks, 95% of ...
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Google’s Pixel 4, Pixel 4a, Pixel XL are first smartphones to be certified by ioXt Alliance
Devices with ioXt SmartCert give consumers and retailers greater confidence in a highly connected world Dubai: Google’s three smartphones - ...
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DIFC FinTech Hive attracts 620 startups for fourth cohort accelerator programme
Applications exceed its previous record of 425 received in 2019 Dubai: The financial technology accelerator DIFC FinTech Hive has attracted ...
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TECH

What does the future hold for Huawei’s smartphone business?
Without its flagship chipsets, which vendor will come to rescue it? Will it be MediaTek, Qualcomm or Samsung? Kochi: Chinese ...
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An auto sanitiser in a kitchen for knives and flatware
Hookee Knife Guard uses 275nm wavelength ultraviolet light to kill germs and does not contain any toxic chemicals or release ...
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Which country has world’s fastet supercomputer?
Japan’s Fugaku’s supercomputer bests US’ Summit system by 2.8 times By Amit Chettupuzha DUBAI: Japan’s Fugaku’s supercomputer has bested US' ...
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