Tag: banking

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 …

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

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 …

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 …

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 …

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 …

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.

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, …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

This Edition of EDB Connect Forum is hosted under the theme “Beyond the Horizon: Unlocking Dubai’s Sustainable Future Through Unconventional Collaborations” Attendees explored the vast possibilities …