It is set to be Dubai’s fourth privatization as part of the emirate’s plans to bolster its capital markets and its standing as a financial center. Details of the IPO such as size and timing are still …
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Mashreqbank leads Dubai index higher, Abu Dhabi falls
Dubai index closed higher on Friday, boosted by a 15% surge in lender Mashreqbank, while Abu Dhabi stocks slipped …
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UAE extends soft loan for power line, Z’bar housing
A power transmission line in Kagera Region and the construction of low cost housing for public employees in Zanzibar will be covered in a $420m soft loan (979.2bn/-) extended by the United Arab …
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UAE HH Shaikha Jawaher Khalifa Al Khalifa launches Green Aventurine Holding to support growth plans
The new company will help consolidate HH Shaikha Jawaher startups in the UAE, GCC, UK, Turkey, drive its future growth and solidify her mission and belief in empowering women. “Green Aventurine …
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Burjeel Holdings opens subscription period for IPO in UAE, announces price range
The opening of the subscription period for the offering commences on September 30 and will continue until Tuesday, October 4 …
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UAE: Burjeel Holdings sets IPO price range between Dh2 and Dh2.45 per share
Burjeel Holdings has announced that it will be offering approximately 550,729,221 shares, representing 11 per cent of issued share capital, in an Initial P..
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Burjeel Holdings Plc Announcement of Offer Price Range and Opening of Subscription Period for Initial Public Offering (IPO) In the UAE Only
Burjeel Holdings PLC (“Burjeel” or the “Company” and, together with its subsidiaries, the “Group”), is a leading MENA private healthcare services provid …
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UAE’s ADCB sells entire stake in Alexandria Medical to consortium
Last year, another consortium, TAT for Medical Services, had submitted the binding offer to acquire the bank’s stake through a MTO for up to 100% of Alexandria Medical Services’ shares at a total …
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UAE one of the quickest economies to reach its pre-pandemic levels: World Bank regional director
The UAE has consolidated its position as one of the quickest economies to reach its pre-pandemic levels among GCC peers, said Issam Abousleiman, Country Director of the GCC Countries, Middle East and …
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AlfCoin Establishes Itself as a Exclusive Hedge Fund Cryptocurrency in The Industry.
ALFCOIN’s main purpose is to fill the gap between cryptocurrency and asset trading. Up until now the crypto world and classic financial markets were separated but through AlfCoin we have a chance to …
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EFG Hermes serves as joint bookrunner on Salik IPO
The issuance offers investors access to a capital efficient, world class toll-gate operator, with a robust track record, in one of the fastest growing cities in the …
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Salik debuts listing, trading of its shares on Dubai Financial Market
Dubai Financial Market (DFM) on Thursday welcomed the listing of shares of Salik Company, the leading company in the field of traffic tariff systems …
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Dubai Metaverse Assembly takes delegates to Mars
Seven side sessions took place on the sidelines of the second day of the Dubai Metaverse Assembly, which convened more than 600 delegates at the Museum of the Future and AREA 2071, Emirates Towers, to …
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UAE gears up to clock the decade’s fastest annual growth
While Dubai’s largest bank Emirates NBD elevates the growth forecast for the UAE to seven per cent in 2022, the World Bank sees the country as the fastest …
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UAE FinTech scoops up ten international awards
Money scoops up ten international awards for financial inclusion and outstanding innovation in payroll and banking …
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Rising mortgage rates in the UAE: Why Lenddoo say it’s still time to buy
The latter leads to an increase in the total cost of credit, logically impacting the debt capacity of the UAE residents. And this situation seems set to last since the last increase in September, in …
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Salik debuts listing and trading of its shares on the Dubai Financial Market
The enormous demand is a clear testament on investors’ interest to participate in the accelerating economic growth in Dubai Dubai: Dubai Financial Market (DFM) today welcomed the listing of shares of …
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