Posted inAustralian Exchange
Nasdaq’s net revenues surge to $2.535bn in 2019
NEW YORK: Nasdaq, Inc. has net revenues of $2.535 billion for the full year 2019, an increase of $9 million from $2,526 million in the prior year. The full year…
Posted inAustralian Exchange
Moody’s assigns an A2 IFS Rating to Oman Insurance
DUBAI: Moody’s Investor Services has assigned an A2 Insurance Financial Strength (IFS) rating to Oman Insurance Company citing its outlook as ‘Stable’. Moody’s, alongside S&P, is the largest credit rating…
Posted inAustralian Exchange Singapore Exchange
Cabot Square Alternatives seeks to raise £200mn through an IPO on LSE
LONDON: Cabot Square Alternatives PLC has expressed intention to seek admission to the premium listing category of the Official List and to trading on the Main Market of the London…
Posted inAustralian Exchange
Emirates NBD posts net profit if AED 14.5bn in 2019
DUBAI: Emirates NBD, a leading bank in the region, has posted 44% growth in net profit to AED 14.5 billion for the year ended December 31, 2019 Net interest income…
Posted inAustralian Exchange
Emirates Islamic’s net profit surpasses AED 1.0bn mark for the first time
DUBAI: Emirates Islamic (EIB), one of the leading Islamic financial institutions in the UAE, has reported a strong set of results with net profit of AED 1.061 billion for the…
Posted inAustralian Exchange Singapore Exchange
Pauline Blight-Johnston appointed CEO and MD of Genworth Mortgage Insurance Australia
SYDNEY: Genworth Mortgage Insurance Australia Limited announced that Ms. Pauline Blight-Johnston has been appointed Chief Executive Officer and Managing Director; her appointment will take effect on Monday, 2 March 2020.…
Posted inAustralian Exchange
Financial strength rating of Florida Family Insurance Group downgraded with stable outlook
OLDWICK: Global credit rating agency, AM Best has downgraded the Financial Strength Rating (FSR) of Florida Family Insurance Company (FFIC) and its subsidiary, Florida Family Home Insurance Company (FFHIC), while…
Posted inAustralian Exchange
First Abu Dhabi Bank intends to acquire Bank Audi Egypt
ABU DHABI: First Abu Dhabi Bank (FAB) has entered into exclusive discussions with Bank Audi to acquire its fully owned subsidiary in Egypt, Bank Audi Egypt. A working group has…
Posted inAustralian Exchange
QSE closes registration for its Financial Education Competition for Universities
DOHA: Qatar Stock Exchange (QSE) has closed registration for its second annual Financial Education Competition for Universities, whose final ceremony will be held and its prizes will be presented on…
Posted inAustralian Exchange
SHUAA led issuance of GFH Financial Group’s $300mn Sukuk oversubscribed more than two times
DUBAI, UAE: SHUAA Capital, the asset management and investment banking platform created by the merger of SHUAA Capital and Abu Dhabi Financial Group (ADFG), announced that it had along with…
Posted inAustralian Exchange
Latin American insurance markets could see boost in 2020
NEW YORK: Global insurance industry credit rating agency, AM Best expects Latin America’s economies to rebound somewhat in 2020, which would help the insurance markets in these countries better realize…
Posted inAustralian Exchange
Al Ramz buys market‐making business of SHUAA Capital
DUBAI: Al Ramz Corporation Investment & Development PJSC announced the acquisition of the market‐making business of SHUAA Capital, the leading Asset Management and Investment Banking platform in the region created…