Category: FINANCE

The Dubai Financial Services Authority ( DFSA) achieved exceptional growth last year, with a 25 percent jump in licensing and registering of companies during 2023. This has taken the total number of …

The Platform is a strategic and vital project in digital transformation in the country, especially in managing purchasing operations at the federal level …

The UAE Ministry of Finance (MoF) on Tuesday launched the newly updated catalogue for the Digital Procurement Platform, which has expanded to include 35 categories containing more than 120,000 …

Ian Johnston, Chief Executive, Dubai Financial Services Authority (DFSA), expects further growth and activity this year, following the strong performance achieved in 2023.”2023 was the DFSA’s busiest …

The Central Bank of the UAE (CBUAE) has revoked the licence of Smart and Secure Insurance Agent and struck its name off the register. The reason for the administrative sanction was its weak compliance …

The seminars will provide individuals with essential financial knowledge and resources, in alignment with the UAE’s vision to strengthen national financial resilience …

In an era of rapid digital evolution, the UAE IT services market is experiencing unprecedented growth, underpinned by government-led digital initiatives across key sectors. Ken Research’s latest …

The Central Bank of the UAE (CBUAE) has revoked the licence of Smart and Secure Insurance Agent (Smart and Secure), an insurance agent operating in the UAE..

LuLu Group International, the Abu Dhabi-based hypermarket chain, has invited banks to pitch for roles on a potential initial public offering (IPO), according to Bloomberg. The IPO could raise at least …

The GCC could be headed for another bumper year for initial public offerings in 2024, thanks to the regional government’s push for privatisation, the growing appetite of private sector companies to …

Saudi Tadawul Group, which runs Saudi Arabia’s main stock exchange, is set to buy a 32.6% stake in the Dubai Mercantile Exchange (DME). The agreement will see Saudi Tadawul acquire a combination of …

LuLu Group International, which operates one of the Middle East’s largest hypermarket chains, has invited banks to pitch for roles on a potential initial public offering that could raise at least $1 …

Rasha Badawi, CEO for Barclays Private Bank UAE, has highlighted the UAE’s remarkable growth in sustainable finance and its resilient economic trajectory despite global challenges.She said that the …

Other laws issued on economy and finance sector included matters such as the establishment of the Financial Stability Council, the Central Bank of the UAE functioning, regulating financial …

The fee waiver was adopted to support the efforts of market participants who wish to list sustainability-related debt securities in the DIFC …

Banking and finance, real estate and Adnoc entities stocks are expected to perform well this year on the back of strong dividends they have been paying to ..

According to the EY Mena IPO Eye Q4 2023 report, Mena markets saw 48 initial public offerings (IPOs) in 2023, raising $10.7 billion in total. Five listings, mainly in the energy and logistics sectors, …