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Category: FINANCE

Posted on 29/08/2023

Dubai private schools say enrolments up by 16% this year, ‘growing by the minute’

and had its IPO on the Dubai Financial Market (DFM) last year, said that the company had seen enrolment growth of 8% across portfolios. The company said there had been 12,700 students in its ‘premium …

Posted on 28/08/2023

Saudi Arabia’s PIF-backed oil, gas driller ADES announces $1bn IPO plan: Report

ADES Investments Holding Ltd, and Zamil Group Investment Ltd is set to sell shares in the listing Saudi Arabia’s PIF-backed oil, gas driller ADES announces $1bn IPO plan: Report Ades International …

Posted on 28/08/2023

Pioneering women shaping the future of finance in the UAE

The Ministry of Finance employs majority Emirati females, amounting to 60% of its total workforce, 57% of its leadership, and 81% of the youth. The Ministry sets a remarkable model of Emirati women’s …

Posted on 28/08/2023

Emirates Institute Of Finance Launches Cohort 2 Of“Ethraa” Emiratization Program

The Emirates Institute of Finance, a regional leader in banking & finance education and training, held a ceremony at its Dubai headquarters to un …

Posted on 28/08/2023

Mortgages, steady growth in property prices: Why more Dubai tenants will become homeowners in 2023 and 2024

The trend of tenants in Dubai turning owners will continue in the second half of 2023 as well as in 2024 despite rental increases slowing down as expatriat..

Posted on 28/08/2023

PIF-backed driller set for Riyadh’s biggest IPO this year

The IPO will consist of 338.7 million shares, or a 30 per cent stake in the company Saudi Arabia’s Ades International Holding is set to list in Riyadh, a deal that’s set to be the kingdom’s largest …

Posted on 28/08/2023

UPDATE 2-Saudi PIF-backed oil, gas driller ADES announces IPO plan

By Hadeel Al Sayegh DUBAI, Aug 28 (Reuters) – Oil and gas driller ADES Holding, backed by Saudi Arabia’s sovereign wealth fund, on Monday announced plans to proceed with an initial public offering …

Posted on 28/08/2023

Dubai real estate: Off-plan market continues to soar in demand for COP28

COP28 is expected to bring an influx of over 70,000 people into the UAE Dubai real estate: Off-plan market continues to soar in demand for COP28 COP28, Dubai, Dubai real estate, Off-plan properties Ne …

Posted on 28/08/2023

Saudi PIF-backed oil, gas driller ADES announces IPO plan

Saudi Arabian oil and gas driller ADES Holding, backed by the kingdom’s sovereign wealth fund, on Monday announced plans to proceed with an initial public offering (IPO) on the Saudi Exchange. ADES …

Posted on 28/08/2023

‘Dubai makes even luxury travel affordable’: Tourism body CEO says city is now a year-round destination

Mid-range hotels here match the service and amenities of many prominent full-service hotels around the globe, says Issam Kazim …

Posted on 28/08/2023

Navigating Dubai’s Real Estate Landscape: To Buy Or To Rent

Dubai’s standing as a top choice for global investors remains unshakable, underpinned by its forward-thinking economy and progressive societal l …

Posted on 27/08/2023

UAE: Dubai Police Appoints First Female Financial Systems Auditor

Read More: The Dubai Marathon Returns in January 2024 Dr. Mashal Al Zaraouni … Captain Samaa Abdulraheem Safar has a Bachelor’s in Finance and a Master’s in Business Administration from the American …

Posted on 27/08/2023

Saudi Arabia healthcare group Fakeeh Care weighs IPO, appoints HSBC – sources

DUBAI – Saudi Arabia’s Fakeeh Care, one of the largest private hospital groups in the kingdom, is considering selling a 30% stake through an initial public offering (IPO), two sources with knowledge …

Posted on 27/08/2023

Dubai Airports plans mega-expansion as passenger traffic grows

That’s helped push hotel room rates to a fresh high. The sector’s resilience has also prompted speculation of an initial public offering in Dubai, where the government plans to privatise more …

Posted on 27/08/2023

How joining BRICS will boost UAE’s different economic sectors

Some analysts expect BRICS nations will increasingly trade in their own respective currencies, hence, reducing dependence on the dollar …

Posted on 27/08/2023

Dubai 10X receives 79 proposals from 33 government entities

Dubai 10X aims to encourage collaboration and promote experience exchanges, with some of the latest projects being the result of collaboration between up to 11 entities.Projects were developed by more …

Posted on 27/08/2023

Saudi auto rental firm Lumi to float 30% in IPO

Saudi Arabia’s Lumi, one of the largest auto rental firms in the kingdom, on Thursday announced plans to proceed with an initial public offering on the Saudi Exchange.Riyadh-based Lumi said it expects …

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