All the previous IPOs attracted strong interest from both institutional and retail investors and were oversubscribed multiple timesWhen will the subscription open?
Quant Hedge Funds Face More Margin Calls as Chinese Stocks Surge
China’s biggest stock market rally in more than a decade has added pressure on the nation’s quantitative hedge funds.Most Read from BloombergA 7,000-Year-Old City Emerges as a Haven from Dubai’s Sky-H …
Countdown to COP29: Accelerating action together to fulfill the UAE consensus promise
This lays the groundwork for the COP29 in Baku, which will present a vital opportunity to enhance collective ambitions, elevate more voices, and enable a new era of climate action, building global res …
EDB and ADIB partner to boost SME financing in the UAE
This collaboration aims to enhance financial inclusion for SMEs, providing them with much-needed access to financing …
UAE: MoF launches World Bank advisory services page on its website
The Ministry of Finance and the World Bank Group have also signed a second renewal of the Advisory Services Payable Agreement …
UAE steps up efforts to stamp out money laundering
The UAE is combatting money laundering in the country and has taken major steps towards financial transparency …
UAE leads Arab world in banking sector assets with 24.3% share: AMF
The Arab Monetary Fund (AMF) reported a significant growth in the assets of the banking sector in the Arab countries, rising to US$4.574 trillion at the end of 2023, …
ADNH Catering to offer 40% of stake through IPO next week
Subsidiary of Abu Dhabi National Hotel Company, ADNH Catering has 28% share of addressable market in UAE and Saudi and serves 11 million meals monthly …
Abu Dhabi Hotel Group’s Catering Unit Joins Middle East IPO Rush
Abu Dhabi National Hotels plans to list its catering arm, adding to the growing number of initial public offerings in the Middle East.
Dubai Becomes Top Spot for Rich Indian Investors; Rs.3 Billion Sent Under LRS in 2024
In recent years, Dubai has become a top choice for wealthy Indians looking to invest in real estate. This city offers many advantages, making it an attractive destination for those seeking better …
Ministry of Finance announces launch of World Bank Advisory Services page on its website
Al Khoori made these remarks during a workshop organised by the World Bank Group in partnership with the Ministry of Finance at the Abu Dhabi Global Market Academy, the knowledge arm of ADGM.
Century Financial celebrates the UAE’s thriving SME landscape with the third edition of the Golden Frame Awards
This was in line with the UAE’s strategic vision to solidify its position as a global business hub and a thriving destination for SMEs …
UAE’s ADNH Catering to offer 40% in IPO set for Q4 2024, Gulf News reports
ADNH Catering, Abu Dhabi National Hotels’ catering business, is set to be the UAE’s first initial public offering (IPO) in the fourth quarter 2024, offering 40% which represents 900 million shares, …
UAE’s ADNH Catering to offer 40% in IPO set for Q4 2024, Gulf News reports
ADNH Catering, Abu Dhabi National Hotels’ catering business, is set to be the UAE’s first initial public offering (IPO) in the fourth quarter 2024, offering 40% which represents 900 million shares, …
ADNH Catering IPO: Abu Dhabi company plans to list 40% of its shares on ADX
ADNH Catering, a unit of Abu Dhabi National Hotels, plans to list 40 per cent of its issued share capital on the Abu Dhabi bourse, as it seeks to leverage the economic momentum and listing boom in the …
US rewards UAE bad behavior making it a ‘major defense partner’
The UAE joins India as the only two nations under this title, which the White House said will allow for “unprecedented cooperation” in pursuit of “regional stability” acro …
UAE to invest $30mln to support Ghana’s biodiversity, climate goals
Partnership with Ghana is a testament to the UAE’s focus on global biodiversity, climate, and development goals …