Category: FINANCE

Empower IPO attracted $34bn in orders from investors Empower IPO raises $724m amid huge demand Empower, Empower IPO, GCC IPO activity, GCC IPO market, IPO, IPO in Dubai, IPO market Capital markets …

During the session, MOCCAE announced the issue of a new situation analysis report of the green bond and sukuk market in the UAE as part of its efforts to support the growth of sustainable finance in …

Emirates Central Cooling Systems Corp.’s initial public offering in Dubai raised 2.66 billion dirhams ($724 million) after pricing its shares at the top of a marketed range, with investors putting in …

Shareholders Dubai Electricity & Water Authority and Emirates Power Investment sold two billion shares – a 20 per cent stake – at Dh1.33 each. The IPO of Empower, as the district cooling firm is known …

Remittances to India from the UAE have jumped by 25 per cent as the rupee hit an of 83 versus the US dollar (22.61 versus the UAE dirham) earlie …

Here are some of the major news updates in the crypto space over the last few days Dubai is actively seeking out cryptocurrency companies to set up shop, though the existing infrastructure in the …

A trio of Dubai banks supercharge Nakheekl’s Dubai Islands project. UAE banks invest $4bn into Dubai Islands, home to integrated resorts. deira islands, dubai islands, hospitality news, hotel news, …

Dubai real estate sector saw a further $625m of transactions on Tuesday Dubai Real Estate: $625m of property deals recorded on Tuesday dubai bling, Dubai real estate, dubai real estate transactions Re …

Balyasny’s decision was driven by demand from existing and prospective portfolio managers, some of whom have already signed up to move to the city.

(Bloomberg) — Balyasny Asset Management will open an office in Dubai, the latest hedge fund to expand to the emirate. Most Read from Bloomberg The $17 billion firm will start operations in the city …

Christopher Pike Empower expects to start trading on the Dubai Financial Market on November 15. Photo: Bloomberg . The number of shares on offer for retail investors in the ini …

Wio Bank has selected banking technology provider Mambu to offer digital banking services in the United Arab Emirates (UAE).

Emirates Central Cooling Systems Corporation (Empower) has raised the number of shares in the retail tranche of its initial public offering (IPO), citing strong demand and oversubscription from …

The IPO and the distribution of this announcement and other information … a regulatory authority of the Abu Dhabi Global Market (“ADGM”), and the Dubai Financial Services Authority, a regulatory …

As part of its endeavours to enhance coordination between the federal entities and raise their awareness on instructions related to preparing the final account of the year 2022, the Ministry of …

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …

Wio Bank, the first platform bank regulated by the Central Bank of the United Arab Emirates (UAE), has announced its successful go live on Mambu.