The IPO is set to be the United Arab Emirates’ biggest listing of the year, eclipsing oil services firm NMDC Energy’s $877 million share offering.
UAE: Want to become a finfluencer? Applications for financial literacy programme open
Recent studies indicate that 50 per cent of UAE residents spend more than they earn, while over 60 per cent are in debt …
Pay10 processes UAE’s first open finance transaction under new framework
Pay10 the UAE’s first licensed third-party provider (TPP) under the Central Bank of the UAE’s (CBUAE) Open Finance framework, announces it has successfully processed the country’s first live Open …
Dubai’s financial hub sees 32 per cent jump in company registrations
The Dubai International Financial Center (DIFC) has announced that company registrations grew 32 per cent in the first half of the year as the financial hub welcomed 1,081 new companies, including …
Dubai: Two men sentenced to jail, financial restrictions for drug use
Two Asian men were sentenced to three months in prison and ordered to be deported after serving their jail terms for using drugs at a workers’ accommodation in the city, a Dubai court has ruled. The …
DFM announces 298% rise in net profit before tax for H1 2025 to Dhs777.1 million
Dubai Financial Market (DFM) today announced its consolidated financial results for the six-month period ending 30 June 2025, reporting a net profit before …
GCC IPO market holds firm, raising $2.5bn in Q2 2025
DOHA: PwC Middle East s latest IPO Watch report reveals that GCC equity markets continued to attract capital and investor interest in Q2 2025, …
Dubai Financial Market Announces 298% Rise in Net Profit Before Tax for the First Half of 2025 to AED 777.1 Million
Dubai Financial Market (DFM) today announced its consolidated financial results for the six-month period ending 30 June 2025, reporting a net profit bef …
Dubai Financial Market announces 298% rise in net profit before tax for the first half of 2025 to AED777.1mln
Dubai, UAE: Dubai Financial Market (DFM) today announced its consolidated financial results for the six-month period ending 30 June 2025, reporting a net profit before tax of AED 777.1 million, up 298 …
UAE’s largest bank FAB relocates to new London address cementing 48-year legacy in the UK
First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, today marked a major milestone with an official opening of its new London branch.
DFM announces 298% rise in net profit before tax for H1 2025 to $207mln
DFM saw robust market performance during this period, with the DFM General Index (DFMGI) rising by 10.6 percent …
Dubai Islamic Bank Enhances Customer Experience and Modernizes Core …
About Dubai Islamic Bank: Established in 1975, Dubai Islamic Bank is the largest Islamic bank in the UAE by assets and a public joint-stock company listed on the Dubai Financial Market.
DFM announces 298% rise in net profit before tax for H1 2025 to AED777.1 million
Dubai Financial Market (DFM) today announced its consolidated financial results for the six-month period ending 30 June 2025, reporting a net profit before tax of AED777.1 million, up 298 percent …
UAE’s Masdar swings to profit as costs fall and assets soar
UAE renewables company Masdar swung to a profit in 2024, driven by a drop in direct costs. Net earnings reached AED412 million ($112.2 million) last year, versus a net loss of AED44 million in 2023, …
Dubai: Number of companies in DIFC jump 25% to 7,700
Around 1,081 new active registered companies joined the DIFC, representing a 32 per cent increase from the same period in 2024 …
UAE’s Open Finance will transform the banking experience
The UAE is on the cusp of a transformation in financial services, as the Central Bank of the UAE (CBUAE) rolls out its pioneering Open Finance initiative – a key pillar of the country’s ambition to …
Dubai universities launch new AI and Robotics programmes for 2025 academic year
The institutions aim to transform emerging talent into a future-ready workforce as part of Dubai’s Education 33 Strategy …