The Federal Authority for Identity, Citizenship, Customs, and Port Security (ICA) has recently signed an explanatory memorandum with the General Administration of Customs of China,
CEO Nick Peel of Marka sees stocks explode today in Dubai
September 25, 2014
At the end of August, Dubai’s Marka, the retailing and restaurants company, appointed Nick Peel as chief executive.
At the end of August, Dubai’s Marka, the retailing and restaurants company, appointed Nick Peel as chief executive.
Today shares in Dubai retailing and restaurants group Marka jumped 77 percent upon listing on Thursday in the first flotation on the emirate’s main stock market since 2009.
Peel joins the start-up firm having previously worked as an executive at British retailer McArthurGlen as well as soccer clubs Arsenal and Rangers.
Finablr relaunch plan gains traction issacjohn@khaleejtimes.com Filed on February 8, 2021
The appointment of Matrix is another significant move in consortium’s plan to recapitalise, restructure and rebuild Finablr
The UAE-Israeli consortium, which has acquired the troubled Finablr for $1, said on Monday that steps to recapitalize and revive the debt-ridden global payments solutions group gained momentum with the appointment of Matrix International Financial Services as adviser on financial compliance and fraud prevention measures.
The consortium of Prism Group and Abu Dhabi’s Royal Strategic Partners (RSP) said in a statement that it intends to revitalise Finablr “in order to secure the status of UAE Exchange and Xpress Money as key pillars of the UAE’s financial system in one of the world’s most dynamic, exciting and fastest-growing business destinations.”
UAE Exchange, Xpress Money will restart operations soon issacjohn@khaleejtimes.com Filed on January 24, 2021 | Last updated on January 25, 2021 at 06.20 am
The appointment of the advisor represents a significant milestone in the consortium’s plan to recapitalise Finablr on behalf of its customers, employees and stakeholders, the consortium said in a statement. File photo
The Prism-RSP consortium said the investment bank would advise them on the restructuring and transformation of Finablr Ltd and its subsidiaries.
Two flagship brands of the troubled Finablr Group UAE Exchange and Xpress Money are expected to restart operations soon following the recapitalisation and revamping of the global payment solutions firm.