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Month: October 2022

Posted on 31/10/2022

Dubai Seeks $362 Million From IPO of District Cooling Firm

Dubai is seeking to raise $362 million by selling a 10% stake in Emirates Central Cooling Systems Corp., the city’s fourth privatization this year as part of efforts to boost trading volumes on its …

Posted on 31/10/2022

UAE school operator Taaleem plans to raise $204m from Dubai bourse listing

Taaleem Dubai Schools is one of 27 academic institutions run by Taaleem across the UAE. Photo: Taaleem . Dubai school operator Taaleem Holdings plans to raise Dh750 million ($2 …

Posted on 31/10/2022

Dubai: Private school operator Taaleem looking to raise Dh750 million in IPO

The offering to individual subscribers in its first tranche which will comprise of 10 per cent of its shares starts on November 10 …

Posted on 31/10/2022

Dr Batra’s launches first of its kind, homeopathic medifacials and painfree hair growth treatments in Dubai

Dr Batra’s™ – the largest chain of homeopathic clinics in the world, recently launched their newest offering in natural and non-invasive hair and skin treatments. Combining the German Science of …

Posted on 31/10/2022

New Air India Express flight on Dubai-Kannur route from November 1

As an inaugural offer, passengers will be allowed five kg extra luggage allowance to Kannur..Dubai flight. Dubai Kannur flight. Kannur Airport flights. kannur UAE flight. Kannur Airport …

Posted on 31/10/2022

du launches a standalone private 5G network solution based on oran.

In this collaboration, du and Intel brings a state-of-the-art blueprint for a Private 5G network based on Open RAN (ORAN) in conjunction with Dell Technologies, Radisys, and Foxconn that …

Posted on 31/10/2022

Generation Start-up: How graduating from a DFSA scheme is helping FinTech Mamo branch out

However, once Mamo — a FinTech and financial services platform for small and medium enterprises — was accepted in the ITL programme in June 2021, their challenges easily trumped whatever the founders …

Posted on 31/10/2022

Dubai seeks to raise $362m from district cooling firm IPO

Empower will start taking investor orders for the IPO from Monday, with final pricing scheduled for November 9 …
( read original story …)


Posted on 31/10/2022

How one UAE-based fintech is looking to process $200bln in trade finance

Fintech startup Modifi has quadrupled its growth over the past two years by bridging the trade finance gap in the MENA region and around the world …
( read original story …)


Posted on 31/10/2022

Taaleem announces its intention to float on the Dubai Financial Market

The IPO provides an attractive investment opportunity for investors to participate in the next phase of the company’s growth through the expansion of its premium K-12 segment …
( read original story …)


Posted on 31/10/2022

Crypto news recap: UAE completes first CBDC payment transaction

Coming every week, the Crypto News Recap is your weekly pulse of the markets that help you track every single important news story that happened in the …

Posted on 31/10/2022

UAE now home to world’s first metaverse-as-a-service business

The metaverse is currently largely associated with arts, sportswear, real estate and fashion retail, though more sectors such as healthcare are taking baby steps to make their presence in the fast …

Posted on 31/10/2022

UAE: Man defrauded of Dh206,000 in car sale scam

He was told that the car he wanted to buy had been mortgaged and had many traffic fines that needed to be cleared …

Posted on 31/10/2022

Dubai court grants mercy to convict who is addicted to stealing motorbikes, issues Dh6,700 fine

It was noticed that he would commit the same crime every time he was released from jail and would steal even though he did not need to …

Posted on 31/10/2022

Dubai school operator Taaleem seeks to raise $204.21 mln in IPO – document

Dubai school operator Taaleem said on Monday it planned to raise 750 million dirhams ($204.21 million) in an initial public offering (IPO) to expand its premium schools network.

Posted on 31/10/2022

Dubai school operator Taaleem to raise $204 million in IPO

Taaleem, which is owned by Investment Corporation of Dubai, will use the proceeds from the offering to expand its premium network of K-12 schools Dubai school operator Taaleem to raise $204 million in …

Posted on 31/10/2022

Polycon brings in cutting-edge technology of rotolining

Polycon’s lining technology applies a uniform and seamless polymer lining … Polycon’s new state-of-the-art plants in Abu Dhabi – UAE, KSA, Oman and Bahrain manufacture far superior rotolining …

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