Category: FINANCE

The Selling Shareholder, ICD, retains the right to amend the size of the Offering at any time prior to the end of the subscription period at its sole discretion, subject to applicable laws and the …

ALEC Holdings, a Dubai-based engineering and construction firm, will sell 1 billion shares, representing a 20% stake, in an initial public offering, Gulf News reported on Monday.

December 2023 marked a proud and historic moment for Dubai Taxi Company — our official listing on the Dubai Financial Market. This milestone is more than just a financial achievement; it’s a reflection …

Abdalla Alameeri, Director of Commercial Investments highlights DTC’s ESG-driven strategy, tech innovation, and alignment with Dubai Vision 2030 positioning it as a compelling investment opportunity …

The Anti-Fraud Centre of the General Department of Criminal Investigation at Dubai Police arrested a criminal gang that established fake companies as a front …

The UAE Central Bank’s recent decision to phase out one-time passwords (OTPs) in favour of stronger authentication methods has underscored the Emirates’ leadership in safeguarding bank customers at a …

Abu Dhabi Commercial Bank is capitalizing on the determination of the UAE government and central bank to promote payment automation and digitization. Jacek Kurantowicz, head of cash management, …

Dubai’s property sector, long known for its appeal to global investors and high-net-worth individuals, is now witnessing a structural shift in the wake of the game-changing initiative. According to …

This potential IPO follows recent capital market activity by Binghatti. It issued a USD 500 million Sukuk under its USD 1.5 billion Trust Certificate Issuance Programme; the offering was …

Hong Kong’s Securities and Futures Commission (SFC) and the Dubai Financial Services Authority (DFSA) have signed a Memorandum of Understanding to strengthen their collaboration on the regulatory …

Dubai Investments PJSC is in talks with banks to list a unit that operates one of the emirate’s largest mixed-use real estate developments, seeking to capitalize on surging property demand.

Dubai’s abandoned luxury cars, from Ferraris to Lamborghinis, reveal a harsh reality behind the city’s opulence. Strict Sharia-influenced financial la …

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …

Botim users in the UAE will send money directly to CBE accounts, other local banks, mobile wallets, or for cash pick-up at more than 1,900 of the lender’s branches …

Dubai Investments is considering listing one of its units, amid the continued momentum of initial public offerings in the region. Chief executive Khalid bin Kalban indicated an initial public offering …

Patel discusses the strategic thinking behind Wio Bank’s success, its unique approach to serving SMEs and customers, and his vision for the future of banking in the region …

The UK-based financial technology company Revolut’s entry into the UAE is expected to lower remittance fees, speed up money transfers, raise the bar of digital financial services and improve customer …