The first private sector IPO on the DFM since 2014, the listing in the vital education sector nurtures tomorrow’s generations and represents a key opportunity in impact investing The listing follows a …
Dubai School Operator Taaleem Plunges in Trading Debut
Dubai private school operator Taaleem Holdings plunged in its trading debut, a rare first day drop for Middle Eastern initial public offerings.Most Read from BloombergApple to Lose 6 Million iPhone …
UAE financial markets to remain closed for Commemoration, National Day
The Dubai Gold and Commodities Exchange, however, will takes its own decision on the start and end date of the holiday, according to work requirements and the public interest UAE financial markets to …
Mideast Stocks: Saudi shares gain on rising oil; Dubai extends losses
Saudi Arabian stocks rose in early trade on Tuesday, and were on track to snap three sessions of losses, as oil prices gained, while the Dubai index fell for a seventh consecutive session. Crude …
UAE: Man takes Dh200,000 from woman for wedding, gets married to someone else
A young man who took Dh200,000 from a woman after promising to marry her but instead married another woman, has been ordered to pay back the money.The Al Ain Civil Court of First Instance issued the …
UAE, Saudi bosses say 2023 will be a good year: Report
UAE employees are ‘career cushioning’ as fear of recession … Despite global executives dealing with the consequences of the increased cost of living, tight financial conditions, the Russia-Ukraine …
Refinitiv: Global Islamic Finance Industry expected to reach US$5.9trln by 2026
The global Islamic finance industry is expected to reach US$5.9 trillion by 2026 from US$4 trillion in 2021 driven by Islamic banks and Sukuks according to the 2022 Islamic Finance Development …
Saudi Arabia has plans to overtake UAE as regional finance powerhouse: Expert
The rising oil prices backed sound domestic economy will be another major factor aiding hastening the country’s transition to a global financial hub Saudi Arabia has plans to overtake UAE as regional …
UAE: Gold prices up slightly in early trade in Dubai
Gold prices were up in early trade on Tuesday after declining about one per cent in the previous session as US Federal Reserve officials signalled that int..
Can India’s new finance hub in Gujarat become the next Singapore or Dubai?
City, more commonly known as GIFT City, occupies 886 acres between Gujarat’s capital, Gandhinagar, and Ahmedabad, its biggest city …
Bitcoin Mining Experts Discuss the Relevance of Proof of Work Mining at the AIM Summit in Dubai
CEO Lin Cheung joins the energy debate “Proof of Work vs Proof of Stake” The great energy debate. Proof of stake vs proof of work – mining post merge | AIM Summit Dubai 2022 DUBAI, United Arab …
Yammout helps shape RIT Dubai
RIT Dubai is in the midst of a tremendous growth spurt. Yammout notes that from 2017 to 2021, the campus’s student population grew from 504 to more than 1,000; the faculty and staff population …
Dubai real estate: $493m of property transactions on Monday
Dubai’s Land Department reported more than $493m of property transactions as the booming real estate market shows little sign of slowing down. The city land department recorded 482 sales transactions …
Americana IPO: KFC operator issues 1,000 shares to UAE retail investors
Following the allocation, Americana will be listed on the Abu Dhabi Securities Exchange (ADX) and Saudi Arabia’s Tadawul on December 12 Americana IPO: KFC operator issues 1,000 shares to UAE retail …
UAE President chairs ADNOC Board of Directors meeting
During the meeting, which was held at ADNOC Headquarters, the board directed ADNOC to pursue a “Net Zero by 2050” ambition to support the UAE Net Zero by 2050 Strategic Initiative …
‘It’s all gone’: UAE residents who lost their life-savings to India’s Heera Group scramble to file claims before deadline
Tens of thousands of investors found their lives thrown into disarray when the group’s chairperson was arrested for allegedly running a Ponzi scheme …
ADIB enables IPO subscriptions via its banking app
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …