The UAE’s open culture around AI is another highly positive indicator of the health of the technology within the country. The UAE is the second highest regional investor in Artificial Intelligence (AI …
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Dubai offers long-term residence, retirement visas to lure wealthy Chinese to boost slumping property market
Dubai has set its sights on wealthy foreign investors, including the Chinese, by offering sweeteners such as long-term residence visas and retirement options, amid a slump in property prices. Dubai, …
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UAE small businesses must redo their accounting ways
Dubai: Small businesses are considered the economic backbone for most economies. They are drivers of growth as they help generate jobs for millions, contribute to the GDP gains, and have a powerful …
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Network International joins FTSE 250 Index after London IPO
UAE Exchange and Xpress Money. The company’s London IPO valued the company at $1.6bn and attracted institutional investors including BlackRock, Columbia Threadneedle Investments and Norges Bank. There …
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Egypt to launch second phase of state IPOs in September
Cairo – Mubasher: Egypt’s government will commence the second phase of the state’s initial public offering (IPO) programme in September as planned, the public enterprise minister told Enterprise. The …
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Mena records one IPO valued at $58.3mln in Q1: EY
“Economic reforms and market development initiatives are high on the agenda of regional governments, particularly in Saudi, Egypt and the UAE, which will pave the way for a buoyant Mena IPO market in …
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What next for the Uber, Beyond Meat and Luckin IPO deals?
The ethical treatment of animals is a cause core to my being so I became a cheerleader for Beyond Meat, though I know nobody in the UAE who was allocated shares in the $240 million IPO in early May. …
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Eyewear retailer Magrabi eyes global expansion
UAE-based eyewear retailer Magrabi plans to expand globally and … Magrabi also said that the company plans to launch an e-commerce website in 2020 and is still considering an IPO. This Ramadan, …
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Saudi Arabia records one IPO in Q1 in 2019
Economic reforms and market development initiatives are high on the agenda of regional governments, particularly in Saudi, Egypt and the UAE, which will pave the way for a buoyant MENA IPO market in …
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Uber’s second-in-command, chief marketing officer depart in post-IPO shake-up
“There’s never really a right time to announce departures or changes like this, but with the IPO behind us, I felt this was a good moment to simplify our org and set us up for the future,” …
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Uber’s $1.3 Billion Acquisition Of Careem Gets UAE Regulator’s Nod
The deal has now received approval from the UAE Ministry of Economy … in the first quarter of 2019 and has been under the spotlight for its less than stellar IPO. Compounding the San Francisco-based …
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Global funds favouring bond over equity markets in the Middle East
The last initial public offering in the United Arab Emirates was in 2017. Once debt-averse … Just as the debt market was opening up, an IPO drought settled over the region, and it shows no sign of …
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Dubai unveils new insolvency law
The Dubai International Financial Centre (DIFC) has introduced a new insolvency law, which will place the financial centre in line with best practices and at the forefront of complicated debt …
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Dubai is most affordable among expensive cities
Regional financial capital Dubai is the most affordable market for luxury property market among the world’s top 10 cities as the average price declined 84 per cent from its peak level in the last five …
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Global Technology Innovation LLC, Set to Launch Two Cryptocurrency Tokens
Global Technology Innovation is about to offer two cryptocurrencies in the Blockchain Market in terms of ICO and STO tokens. DUBAI, UNITED ARAB EMIRATES, June 11, 2019 / EINPresswire.com …
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WETEX & Dubai Solar Show present the latest developments, investments and technologies in energy, water, solar, environment and green development
Dubai Electricity and Water Authority (DEWA) is organising the 21 st Water, Energy, Technology, and Environment Exhibition (WETEX) under the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, …
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Mentally unstable elderly woman missing from Sharjah
Sharjah Police confirmed to Gulf News on Tuesday that they had received the missing report about the woman and started the investigation. The police has circulated the report to police stations …
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