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Posted on 30/04/2024

Dubai real estate buyer’s guide: All costs, extra fees for new homeonwers revealed

As the Dubai real estate market continues to witness staggering investor interest, here is all you need to know about the extra costs and fees associated with buying a home in the city …

Posted on 30/04/2024

Spinneys IPO: Retailer increases retail offering on higher demand

Spinneys, the operator of premium supermarkets in the UAE and Oman, has increased the number of shares allocated to retail investors in its initial public offering, with the company expected to raise …

Posted on 30/04/2024

Spinneys increases number of shares allocated to Retail Investors in its IPO

DUBAI, 30th April, 2024 (WAM) — Spinneys 1961 Holding plc today announced that it will increase the number of shares allocated to the UAE Retail Offering of its initial public offering (IPO) on Dubai …

Posted on 30/04/2024

Dubai’s Spinneys Expands IPO Retail Offering

Due to strong investor demand, Dubai’s supermarket chain operator, Spinneys, has announced an increase in the size of its retail offering for its upcoming IPO. [1] Read More: Spinneys’ $375 Million Du …

Posted on 30/04/2024

Spinneys increases retail share offering for upcoming IPO

Following approval from the UAE’s Securities and Commodities Authority, the UAE Retail Offering has been upped from 45 million shares to 63 million shares. Consequently, the UAE Retail Offering will …

Posted on 30/04/2024

Spinneys increases retail offering of IPO to 63 million shares

Total size of the IPO remains unchanged at 900 million shares; Institutional investors offering now reduced to 93% …

Posted on 30/04/2024

Dubai’s 120 richest families and individuals own $1trln in wealth

The emirate is home to 68,500 millionaires with at least $1 million in liquid assets and 206 centi-millionaires …

Posted on 30/04/2024

UAE Ministry of Finance participated in 2024 IsDB Group annual meetings

Riyadh, KSA – The UAE Ministry of Finance participated in the 2024 Islamic Development Bank (IsDB) Group Annual Meetings held from 27 to 30 April 2024 in Riyadh, KSA. This year’s annual meetings …

Posted on 30/04/2024

UAE banks make history by achieving over Dh650 billion in investments

This was in comparison to about Dh541.4 billion in February 2023, an increase equivalent to Dh111.3 billion within 12 months …

Posted on 30/04/2024

UAE central bank’s balance sheet hits new AED750 billion record in February

The UAE Central Bank ’s balance sheet reached a record AED 750 billion mark at the end of February, marking a historic milestone, the bank said. This is a 32.5 percent jump in the Central Bank’s …

Posted on 30/04/2024

Gulf Youth Games: Emirati athletes raise bar, grab record-breaking 37 medals in single day

Adding another feather to their cap, Emirati athletes continued their impressive showing at the first Gulf Youth Games UAE 2024 as they added a record-breaking 37 medals on the twelfth day.

Posted on 30/04/2024

Entry Requirements for UAE in 2024: Visa or Permit Needed?

Wondering about the entry requirements for the United Arab Emirates (UAE)? Here’s what you need to know to plan your visit according to the UAE governmental 2024 update GCC citizens do not need a visa …

Posted on 30/04/2024

Walmart adds its fintech company to credit lineup

Walmart Inc. shoppers now have a second installment loan option to help them buy big-ticket items. The Bentonville-based retailer has added One, a financial technology firm in which it owns a majority …

Posted on 30/04/2024

Ziina Selects WE ARE Pi as Strategic and Creative Partner

The alignment on strategy, creativity, and commercial growth lays the groundwork for a partnership poised to impact the FinTech industry.

Posted on 30/04/2024

Meet Volt, the London fintech taking on Visa and Mastercard’s duopoly

Could Volt, a London-based fintech, challenge the very biggest players in the payments market? The firm is charged up, writes Lars Mucklejohn For six decades, the global payments industry has been …

Posted on 30/04/2024

As Fintech Expands, Opportunities And Challenges Lie Ahead

Fintech advancements, such as blockchain technology and mobile banking apps, have changed consumers’ relationships with financial services. Here I will discuss the main drivers, current trends …

Posted on 30/04/2024

BRICS Consideration: Will Ripple’s XRP Settlement Platform Be Used for Stablecoin?

BRICS is moving forward with plans to launch a stablecoin for international settlements as well as lessen the dollar’s influence.

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