German food delivery company Delivery Hero has engaged Emirates NBD, Morgan Stanley, and JPMorgan Chase to assist with the initial public offering (IPO) of its Dubai unit, Talabat.Read More: Spinneys’ …
Takaful insurer ADNTC calls off Dubai-based AMAN’s portfolio acquisition
UAE-listed Abu Dhabi National Takaful Company (ADNTC) has terminated a deal to acquire the life insurance portfolio of Dubai Islamic Insurance & Reinsurance Company (AMAN).
Taliban’s closer ties with UAE signal global divide over Afghan regime
“The Taliban are hungry for international engagement and hungry for recognition,” said Hasan Alhasan, a senior fellow at the International Institute for Strategic Studies in Bahrain. The UAE’s …
UAE President receives President of African Development Bank Group
Sheikh Mohamed affirmed the UAE’s commitment to deepening its economic ties in Africa Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates (R) meets with Dr Akinwumi Adesina, …
India seeks review of UAE trade deal amid spike in silver, gold imports
India is reviewing its trade deal with the UAE as a surge in silver and gold imports raises concerns over tariff concessions, value addition norms, and govt procurement commitments under the CEPA …
Nasdaq Dubai lists $400mln bonds from Agricultural Bank of China
Dubai – Nasdaq Dubai has announced the listing of USD 400 million Floating Rate Notes by Agricultural Bank of China (DIFC Branch). This marks the Bank’s second bond listing on Nasdaq Dubai amidst …
NMDC Group’s IPO of NMDC Energy 14x oversubscribed within Day 4
Intention to list NMDC Energy (formerly NPCC) on ADX on Wednesday, 11 September 2024 …
Dubai real estate: How much should you earn to buy property worth $1 million?
Dubai’s real estate market is booming, but buyers face specific financial requirements and hidden costs – here’s how much you should be earning to buy property worth $1 million, according to experts …
Stockify Expands Global Reach with New Office in Dubai International Financial Centre (DIFC)
Stockify, a customer-oriented platform for unlisted or pre-IPO shares in India, is expanding its global footprint with a new office at the Dubai International Financial Centre (DIFC). With a mission …
UAE Cabinet reviews the outcomes of efforts to develop the UAE economic and investment-related legislative framework
His Highness Sheikh Mohammed bin Rashid Al Maktoum said, “Today, I chaired the first UAE Cabinet meeting of the new governmental season at Qasr Al Watan in Abu Dhabi. We began by reviewing the …
NMDC Group’s IPO of NMDC Energy oversubscribed 14 times
NMDC Group, a leader in engineering, procurement, construction, and marine dredging, announced on Monday that the Initial Public Offering (IPO or Offering) for 1.15 billion shares (Offer Shares”) …
UAE to combat money laundering, terrorism financing with new national strategy
During today’s cabinet meeting, it was revealed that government revenues reached Dh546 billion while expenditures amounted to Dh402 billion …
BRICS expansion enhances group’s economic standing — UAE Finance Ministry
but in late December it refused to join DUBAI, September 2. /TASS/. The expansion of BRICS contributed to strengthening the economic positions of the group, Younis Haji Al Khoori, Under-Secretary of …
UAE visa amnesty: Lifeline for illegal residents & job seekers until Oct 30
Indian nationals wishing to return to India can apply for an emergency certificate at the Consulate General of India (CGI) in Dubai or the Awir Immigration Centre …
UAE: All fines removed for overstayers seeking amnesty, top official confirms
All fines of overstayers will be removed from the system the moment an overstayer applies for amnesty, a top official has …
UAE: All fines removed for overstayers seeking amnesty, top official confirms
All fines of overstayers will be removed from the system the moment an overstayer applies for amnesty, a top official has …
Softlogic partners with Daikin to advance UAE’s commercial air conditioning industry
The partnership is formed amidst a booming commercial air conditioning market in the UAE, valued at over $650 million due to a surge in real estate developments. Softlogic and Daikin aim to capitalize …