Majority of Q1 2024 IPOs saw post IPO gains, notably MBC Group Co. and Avalon Pharma. Dubai Parkin’s IPO was oversubscribed by 165 times, a DFM record. Tadawul dominated GCC IPO activity, hosting …
Middle East sees positive IPO results in 2024: Report
The Middle East is facing a positive aftermarket performance in 2024, according to PWC’s latest IPO+ Watch. Majority of IPOs in Q1 2024 witnessed substantial post-IPO gains, with standout performances …
Spinneys reports $221.9mn sales in first post-IPO quarterly result
Q1 2024 total revenue grows 10.9%; Gross profit up 15.1% to $91.5 million; First Saudi store expected to open this quarter …
Salary, flexibility: Why UAE public sector employees are moving to private firms
The UAE government employees are switching to the private firms, as both sectors now offer the same timing, flexibility and pay, according to senior Emirati officials working in the public and private …
Kimberley Process Intersessional opens in Dubai to address global diamond trade challenges
The UN-mandated Kimberley Process (KP) Intersessional meeting opened in Dubai yesterday with resounding calls to accelerate consensus and decision-making to secure the industry’s long-term security, …
Emirates NBD launches fractional bonds on its new ENBD X mobile banking app
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has announced the launch of fractional bonds on its awards winning mobile banking app ENBD X. The …
How to Get a UK Tourist Visa from the UAE: A Complete Guide
Dreaming of strolling through London’s lively streets, exploring the mystical Scottish Highlands, or discovering Bath’s historical treasures? In every nook of Great Britain lies an invitation to …
Ethereum (ETH) Price Drops Another 1.5% Amid Massive Whale Deposit on Coinbase
Analysts suggest that the Ethereum price might dip further to around $2,500 before resuming its upward trajectory. Optimism around spot Ethereum ETF approval wanes.
Flash News: OKX Lists PEPE/USDC Spot Trading Pair
OKX, a leading crypto exchange by trading volume and a leading Web3 technology company, has issued updates for.
Tribute Portfolio debuts in the UAE with The First Collection at Jumeirah Village Circle, a Tribute Portfolio Hotel
Tribute Portfolio – part of Marriott Bonvoy’s growing collection of characterful, independent hotels – welcomes its first hotel in the Middle East with the launch of The First Collection at Jumeirah …
Cvent Announces Top Meeting Destinations and Top Meeting Hotels in the Middle East & Africa for 2024
The industry-acclaimed annual rankings recognise the top-performing hotels for MICE business, as well as the world’s most coveted meeting destinations DUBAI, United Arab Emirates, May 14, …
Crypto Oasis sees ecosystem grow to 2,040 active firms in Q1 2024
The UAE-based Web3 ecosystem Crypto Oasis revealed that it has seen a significant surge in the number of active companies in Q1. Marking a notable 13.3 per cent year-on-year increase, the Web3 …
Awqaf in Sharjah launches QR for swifter donations
In a move aimed at enhancing the efficiency and accessibility of endowment contributions, as well as bolstering transparency and effectiveness with the public, the Sharjah Department of Awqaf launched …
Chess: Erigaisi Arjun top seed in Sharjah Masters, total 19 Indians in fray
Grandmaster and world number seven Erigaisi Arjun starts as the top seed as he spearheads a strong Indian challenge in the USD 52,000 Sharjah Masters Chess tournament here.
Erigaisi Arjun to lead Indian contingent as top seed in Sharjah Masters chess tournament
Grandmaster Erigaisi Arjun, ranked seventh globally, headlines India’s formidable presence as the top seed in the Sharjah Masters Chess tournament with a USD 52,000 prize pool. Arjun’s participation …
UAE casino: Wynn Resort to fuel 58% real estate boom in luxury property on Al Marjan Island in RAK, study shows
The casino project is triggering an influx of investments in hotel and resort projects, paving the way for the man-made island to successfully transition into a world-class hospitality destination …
Dubai vs New York: How much real estate can you buy with $1m?
Here is a comparison of the type of properties you can buy in Dubai and New York for $1million, there are varying offerings depending upon several factors including area, developers, amenities and mor …