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Tag: banking

Posted on 09/10/2024

Alieus Hedge Fund Raises USD 5 Million in 30 Days Since Launch, Breaks Records After Dubai Event

VMPL Dubai [UAE] October 9 Alieus Hedge Fund has raised a remarkable USD 5 million within just 30 days of its launch on September 7 2024 following an exceptionally successful event in Dubai This rapid …

Posted on 09/10/2024

Alieus Hedge Fund Raises USD 5 Million in 30 Days Since Launch, Breaks Records After Dubai Event

VMPL Dubai [UAE] October 9 Alieus Hedge Fund has raised a remarkable USD 5 million within just 30 days of its launch on September 7 2024 following an exceptionally successful event in Dubai This rapid …

Posted on 09/10/2024

Alieus Hedge Fund Raises USD 5 Million in 30 Days, Sets New Record After Dubai Launch

Ashish Jain, the fund has gained global attention for its innovative approach to investment and networking.

Posted on 09/10/2024

Dubai Launches cashless strategy: Paving the way for a digital financial future that fuels innovation and investment

Hamad Obaid Al Mansoori: The ‘Dubai Cashless’ initiative is a vital extension of our vision of building a comprehensive digital life for all, solidifying Dubai’s position as a global digital capital …

Posted on 09/10/2024

GCC IPO pipeline: Robust Q4, with tech firms to take the spotlight in 2025

The kingdom’s Fourth Milling Company (MC4) is ready with its float of 162 million shares, or 30% of the capital, in an IPO on the Main Market, which opened subscription for its retail portion on 2 …

Posted on 09/10/2024

Exclusive-Cerebras likely to postpone IPO due to CFIUS review delay on G42 deal, sources say

By Echo Wang, Max A. Cherney and Krystal Hu NEW YORK (Reuters) -Cerebras Systems is likely to postpone its IPO, after facing delays with a U.S. national security review on UAE-based tech conglomerate …

Posted on 09/10/2024

OQEP says IPO is oversubscribed amid flurry of Gulf IPOs

OQ Exploration and Production — Oman’s largest pure play oil and gas exploration company — announced that its IPO was oversubscribed across its full price range on Monday. The IPO is now set to be the …

Posted on 09/10/2024

Wynn Resorts sets high financial targets for its UAE property under development

Wynn Resorts (WYNN) announces plans for new luxury resort in UAE, expecting revenue of $1.38-$1.88 billion and strong return on invested capital.

Posted on 08/10/2024

Report highlights UAE banks’ opportunity to enhance customer experience

The volume of online conversations about UAE banks increased 10.7 per cent from 98,045 in 2022 to 108,488 in 2023, a report showed on Monday. According to the latest UAE Banking Sentiment Index, …

Posted on 08/10/2024

PwC’s latest report highlights UAE banks’ opportunity to enhance customer experience amidst growing online conversations

Dubai, United Arab Emirates: The latest UAE Banking Sentiment Index, published by PwC Middle East in collaboration with DataEQ, reveals a notable decline in consumer sentiment towards UAE banks …

Posted on 08/10/2024

Emirates Islamic continues to advance nationalization efforts, concludes successful participation at Ru’ya Careers UAE 2024

Emirates Islamic (DFM: EIB), part of Emirates NBD Group, is a leading Islamic financial institution in the UAE. Established in 2004 as Emirates Islamic Bank, the bank has established itself as a major …

Posted on 08/10/2024

ADNH Catering IPO Eyes $235 Million from ADX Listing

Catering, a prominent subsidiary of ADNH, is gearing up for a public offering that could raise up to $235 million on the Abu Dhabi Securities Exchange (ADX). This IPO marks a significant moment for …

Posted on 08/10/2024

UAE resilience, innovation to drive long-term investor support despite regional headwinds: Experts

Webster said the resilience and growing emphasis on innovation in the UAE are likely to continue driving long-term investor interest, despite temporary headwinds. In the short-term, however, investors …

Posted on 08/10/2024

Bates banking on familiarity and ‘great mind space’ in trans-Tasman clash

She does not feel that NZ losing 3-0 to Australia in the lead-up to the tournament should have any effect when these two sides meet on Tuesday …

Posted on 07/10/2024

Abu Dhabi IPO: $558m ADNH Catering announces 40% share sale on ADX

Abu Dhabi National Hotels Company will make available in the offering a part of its shareholding in ADNH Catering comprised of 900,000,000 shares with a nominal value of AED0.10 each, representing 40 …

Posted on 07/10/2024

Abu Dhabi IPO: $558m ADNH Catering announces 40% share sale on ADX

Abu Dhabi National Hotels Company will make available in the offering a part of its shareholding in ADNH Catering comprised of 900,000,000 shares with a nominal value of AED0.10 each, representing 40 …

Posted on 07/10/2024

Abu Dhabi’s ADNH Catering sets IPO price range, seeks to raise Dhs864m

The indicative share price of Dhs0.91 and Dhs0.96 per share implies a market valuation of around $588m at the top of the range …

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