DUBAI: Dubai’s real estate market recorded 487 sales transactions worth AED1.33 billion, in addition to 101 mortgage deals of AED347.17 million, and 14 gift deals amounting to AED58.92 million on …
Dubai-based owner of Dubizzle mulls UAE IPO
Private school operator Taaleem Holdings PSC raised $204 million in a Dubai listing last year, but has since dropped 15%. Read: UAE’s Taaleem sets offer price range, looks to raise $204m from IPO …
Expo 2020 Dubai projected to add Dhs154.9 billion to UAE economy till 2042
Rob Moody, Partner, Transactions & Corporate Finance, EY, said, “As the first World Expo to be held in the Middle East, Africa and South Asia (MEASA) region, Expo 2020 Dubai has yielded substantial …
UAE cancels license for Russia’s sanctioned MTS bank branch
The United Arab Emirates Central Bank said on Friday it will cancel the license for a branch of Russia’s MTS bank, which it approved to operate last year and which was made subject of British and US …
UAE Central Bank cancels Russia’s MTS Bank license; closing down Abu Dhabi branch
MTS Bank will have 6 months to shut operations of its Abu Dhabi branch Dubai: The UAE Central Bank is cancelling the license to operate for Russia’s MTS Bank, which will now have to wind down …
UAE Central Bank revokes licence of Russia’s MTS Bank
The Central Bank of the UAE announced on Friday that it has decided to cancel MTS Bank’s Abu Dhabi licence. The bank has been ordered to wind down its operations within six months from the date of the …
Dubai’s Bayut and Dubizzle owner mulls IPO – report
Dubai-based Emerging Markets Property Group, which operates classifieds portals across the Middle East and Asia, is considering an IPO, Bloomberg reported citing people familiar with the matter. The …
UAE based AI-powered full stack commerce and embedded finance firm Sterve forays into Oman
The full stack commerce and embedded finance platform is expanding its territory after witnessing a huge traction in it’s homeland. Sterve is the first ever AI-powered integrated platform in the …
UAE Banks Federation CEOs Consultative Council holds its first meeting in 2023
Participants at the meeting called for the continuation of efforts by UAE Banks Federation under the direct supervision and guidance of the Central Bank of the UAE to maintain the highest level of …
Fintech Paymentology, Wio Bank PJSC to Streamline Banking Operations Across the UAE
Wio Bank PJSC is leveraging Paymentology’s in-cloud card issuing … as they share our vision to support small and medium-sized businesses – a vital economic segment in the UAE. This partnership will …
Expo 2020 Dubai projected to add Dh154.9 billion to UAE economy: EY study
Rob Moody, Partner – Transactions & Corporate Finance, EY, said: “As the first World Expo to be held in the Middle East, Africa and South Asia (MEASA) region, Expo 2020 Dubai has yielded substantial …
Dubai announces IPO accelerator to help businesses go public
Last year the Dubai Financial Market saw more than $8bn in IPO activity and the emirate has set ambitious targets for future growth, The Dubai Financial Market (DFM) and Dubai Chamber of Commerce, in …
IMF demanding 3 billion dollars guarantees from UAE, Saudi Arabia: Dar
The lender wants guarantees of three billion dollars from the UAE and Saudi Arabia,’ finance minister told the Senate. Ishaq Dar said that the foreign exchange reserves are improving. ‘We are trying …
UAE keen to invest further in various sectors of Pak economy Envoy
Finance Minister Senator Ishaq Dar on Wednesday said that Pakistan and the UAE are engaged in various areas including energy, refinery, petroleum and trade, however, still a lot of potential is …
DFM and Dubai Chamber launch programme to catapult businesses into IPO track
The Dubai Financial Market (DFM) and the Dubai Chamber of Commerce have launched a programme to help regional private businesses grow and list on the local bourse, building on the momentum of the …
DFM and Dubai Chamber of Commerce launch a comprehensive program to fast-track businesses’ journey to IPO
The Program is supported by 20 regional and global advisors and will be initiated in May 2023 with its first event …
Dubai Financial Market and Dubai Chamber of Commerce launch IPO accelerator programme
The Dubai Financial Market (DFM) and Dubai Chamber of Commerce, in partnership with 20 regional and global advisors, on Thursday announced the launch of an..