The scrip was listed at Rs 112, a discount of 23.81% compared with the initial public offer (IPO) price. The stock is currently up 2.59% over its listing price.
Mashreq announces AED 126mln sustainable financing facility for one of the UAE’s leading sustainable steel producers, Arabian Gulf Steel Industries
Transaction supports AGSI’s low-carbon steel production and strengthens the UAE’s position in sustainable industrial development …
Crypto.com and Dubai’s land department work on crypto payments
Crypto.com and the Dubai Land Department have signed a Memorandum of Cooperation to explore the use of blockchain and digital assets in the real estate sector.
UPI goes global: UAE-based Indians can now transfer money without Indian number
Indian expats in the UAE can now transfer money to India using UPI without needing an Indian phone number. Learn how to use this service and the banks that support it.
UAE participates in BRICS Finance Ministers and Central Bank Governors Meeting under Brazil’s presidency
Rio de Janeiro, Brazil: The United Arab Emirates, represented by the Ministry of Finance and the Central Bank of the UAE, participated in BRICS Finance Ministers and Central Bank Governors Meeting …
All About UAE’s New Golden Visa For Indians: Eligibility, Perks And More
The United Arab Emirates (UAE) has made the 10-year residency more accessible to professionals across sectors.
UAE participates in BRICS Finance Ministers, Central Bank Governors Meeting under Brazil’s presidency
The United Arab Emirates, represented by the Ministry of Finance and the Central Bank of the UAE, participated in BRICS Finance Ministers and Central …
Dubai’s RTA launches trials for driverless vehicles
The trials are scheduled to begin later this year, with plans to launch a fully driverless commercial service in 2026 …
TON offers 10-year UAE golden visa for $100K in staked Toncoin
The Open Network unveils a crypto-based UAE Golden Visa requiring $100K in staked TON, slashing the entry cost and offering annual yields of 3–4% on assets.
How Dubai’s Royal Family Lives: From Multi-Million Dollar Mansions to Golden Cars
The Al Maktoum family, Dubai’s ruling dynasty, is among the world’s wealthiest and most influential royal families. Led by Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai and Vice President of …
UAE: MoEI organises first customer council on mortgage release procedure after loan repayment
The Ministry of Energy and Infrastructure (MoEI) organised its first customer council meeting dedicated to discussing the mortgage release procedure after loan repayment. The meeting aimed to enhance …
UAE’s new Dirham symbol starts appearing on store signage and online retail platforms
The UAE’s new dirham symbol, introduced in March 2025, is now actively used across digital platforms and retail environments, including Carrefour and Noon.com. Designed to reflect the country’s …
Mohammed Bin Rashid Fund Unveils Innovation Hub In Dubai
The Mohammed Bin Rashid Innovation Fund (MBRIF), a UAE Ministry of Finance initiative that’s aimed at strengthening the national innovation ecosystem and operated by the Emirates Development Bank (EDB …
UAE’s federal regulation of robo-advisory services aimed to protect retail investors
The UAE Securities and Commodities Authority’s approval of regulation for robo-advisory services this week will help establish a secure digital investment environment in the country, experts have said …
How Dubai residents with Dh15k-20k salary can now buy a Dh1 million house with ‘first home’ initiative
Dubai’s First-Time Homeownership Initiative offers residents earning between Dh15,000-Dh20,000 a pathway to homeownership with benefits like up to 10% discounts, flexible mortgage terms, and better …
From niche to mainstream: Why Islamic finance is critical to the UAE’s future development
Islamic finance is no longer a regional curiosity; it is becoming part of the structural foundation of global financial systems. Once confined to a handful of markets and perceived as serving a niche …
Eurasian Development Bank raises funds on the UAE Capital Market
The Eurasian Development Bank (EDB), a supranational financial institution headquartered in Almaty, Kazakhstan, has issued a private placement bond, denominated in dirhams, on the local UAE capital …