The Dubai-based financial services firm surged … check companies of around $200m each to pursue deals in the energy, finance, and technology sectors. Special Purpose Acquisition Companies …
( read original story …)
Standard Chartered UAE and Visa launch multi-currency account for international payments
The account will be linked to the Visa Multi-Currency Debit Card Dubai: Standard Chartered UAE Sunday announced the launch of a Multi-Currency Account (MCA), in partnership with Visa, a leading …
( read original story …)
Arada secures additional Dh250 million funding from Dubai Islamic Bank
Financing will facilitate ongoing construction at the Aljada megaproject in New Sharjah Arada has announced that it has secured a Dh250 million Islamic facility from Dubai Islamic Bank (DIB …
( read original story …)
Mubadala’s satellite group Yahsat IPO raises $731m
Abu Dhabi sovereign fund Mubadala Investment has raised Dhs2.7bn ($731m) in an initial public offering of satellite operator Yahsat after pricing shares near the middle of a marketed range. A …
( read original story …)
Yahsat eyes $735mln in Abu Dhabi IPO
UAE – Al Yah Satellite Communications Company on Friday announced that it has priced its initial public offering at Dh2.75 per share, putting it on track to raise Dh2.68 billion once it begins trading …
( read original story …)
Who are the fastest Dubai police officers in emergency response?
Al Muraqqabat Police Station’s emergency response rate is 1 minute and 17 seconds Dubai: Al Muraqqabat Police Station officers have achieved the fastest emergency response rate among Dubai’s police …
( read original story …)
Yahsat eyes Dh2.7B in Abu Dhabi IPO
Al Yah Satellite Communications Company on Friday announced that it has priced its initial public offering at Dh2.75 per share, putting it on track to raise Dh2.68 billion once it begins trading on …
( read original story …)
Mubadala’s Satellite Group Yahsat IPO Raises $731 Million
The IPO gives Yahsat a market value of about 6.7 billion dirhams … global institutional investors allowing for increased foreign direct investment into the UAE,” according to the statement. The …
( read original story …)
Abu Dhabi satellite company Yahsat’s IPO priced at Dh2.75 a share, plans to list on July 14 on Dh1t ADX
Stock offer was oversubscribed, with Emirates Investment Authority picking up 5% Dubai: Abu Dhabi’s Mubadala-owned satellite company Yahsat has set a price of Dh2.75 a share for its IPO.
( read original story …)
Serbia’s best friend in the Arab world: The UAE
Serbian President Aleksandar Vučić, accompanied by Mohamed Alabbar, an entrepreneur and the chairman of UAE real estate firm Eagle Hills, attended a ceremony in Belgrade. It commemoratedthe final work …
( read original story …)
UAE-based Mashreq taps Comarch to digitise wealth management services
Partnership with Comarch will provide Mashreq clients with a comprehensive suite of new digital technologies as well as a simpler and strong client experience …
( read original story …)
Dubai Police fulfil a mother’s wish to virtually meet her inmate son
Police team visits woman’s house and helps her join her son in a virtual meeting Dubai: Dubai Police brought joy to a mother by helping her communicate with her son — currently an inmate at the …
( read original story …)
Mubadala’s Yahsat IPO set to raise $730 million after final pricing
DUBAI (Reuters) – The initial public offering (IPO) of Yahsat, the satellite company of Abu Dhabi state investor Mubadala, is set to raise 2.68 billion dirhams ($730 million) after the deal was priced …
( read original story …)
Mubadala’s Yahsat IPO set to raise $730 mln after final pricing
The initial public offering (IPO) of Yahsat, the satellite company of Abu Dhabi state investor Mubadala, is set to raise 2.68 billion dirhams ($730 million) after the deal was priced around the middle …
( read original story …)
Mubadala’s Yahsat garners strong demand at middle of IPO price range-sources
State investor Mubadala’s satellite company Yahsat has garnered strong demand for its initial public offering at the middle of an indicative price range, three sources familiar with the deal said.
( read original story …)
No Surprise Here: The UAE Ranks as the Second-Safest Country in the World
The UAE’s tireless efforts in keeping its residents safe have not gone unnoticed by the international media. In Global Finance magazine’s index of the world’s safest countries, the UAE ranked second …
( read original story …)
OPEC Agreement At Risk As UAE Prepares To Open The Taps
Cracks are beginning to show in OPEC’s production cut agreement, with the UAE all but promising to open the taps and increase oil production …
( read original story …)