We are delighted to have been awarded the ‘Best New Trade Finance Technology Provider UAE: 2022’ in the Banking and Finance awards. This is in recognition of our user-friendly and seamless Fintech …
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UAE company behind ambitious icebergs project wins patent from the UK
National Advisor Bureau Limited seeks to tow icebergs from Antarctica to the Fujairah coast as new sources of fresh water in the region UAE company behind ambitious icebergs project wins patent from …
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UAE banks are challenged by higher interest rates to recover defaulted loans
Under the earlier law, bounced cheques were treated as a criminal offence in the UAE and banks had the option of pursuing criminal proceedings against the defaulters in both th …
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Dubai’s $34 bln utility float tees up IPO drive
State-owned DEWA will be the emirate’s largest listing since 2007. Its pricing muscle and generous dividend are drawcards, as is the cheap valuation. That reflects the political desire for the debut …
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Dubai’s DEWA to Consider Increasing IPO Size on High Demand
Dubai’s main power and water company may increase the number of shares on offer in the city’s biggest new stock sale in 15 years, according to people familiar with the matter.
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How soon will DEWA IPO hit the ‘over-subscribed’ mark?
Bankers confirm that DEWA IPO has generated ‘unprecedented’ interest for loans Dubai: How soon will the DEWA IPO hit the ‘over-subscribed’ mark? There are bankers and market traders who say this …
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UAE – Dewa IPO: When will the first dividend of Dh3.1 billion be paid?
Dubai Electricity and Water Authority (Dewa) will pay Dh3.1 billion first dividend after the listing on the Dubai Financial Market later this year. According to Dewa’s prospectus, it intends to pay …
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Dubai’s Dewa IPO share sale begins: Here’s all that happened on March 24
Dubai’s biggest IPO opens, DEWA share to be priced between Dh2.25-Dh2.48 Dubai: Keep the offer price low and make it easy for a maximum number of investors to take part – that’s the strategy DEWA has …
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UAE, Latam poised to benefit from post-Covid business prospects
Around 300 bilateral business meetings were also held during the two-day forum that concluded on Thursday. It was organised by the Dubai Chamber of Commerce in …
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Mashreq Bank to support upcoming IPOs subscription on DFM
Mashreq Bank, one of the leading financial institutions in the UAE, will be offering its retail customers the opportunity to subscribe to upcoming initial public offerings (IPOs) on Dubai Financial …
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What we know so far: Dubai’s Dewa sets price range of its IPO shares at Dh2.25-Dh2.48
Be quick to subscribe to Dewa’s shares at a price range released on Thursday What we know so far: Dubai’s Dewa set to announce price range of its IPO shares Image Credit: Devadasan K P/Gulf News Dubai …
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Dubai’s biggest IPO opens, DEWA share to be priced between Dh2.25-Dh2.48
DEWA is Dubai’s biggest IPO to date – and will also be attracting the widest investor base Dubai: The DEWA IPO is open for subscription, marking the first decisive step in Dubai’s push to open up its …
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The importance of a mortgage pre-approval in Dubai’s real estate market
The importance of securing a mortgage pre-approval before beginning the search to buy a property is imperative The importance of a mortgage pre-approval in Dubai’s real estate market Allsopp & Allsopp …
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Mashreq Bank to support upcoming IPOs subscription on Dubai Financial Market
Mashreq customers will be able to subscribe digitally via the Mashreq Mobile Banking App and online banking platform ; Role strengthens Mashreq’s commitment to innovation and pr …
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DEWA IPO: ‘Cornerstone investors’ such as Abu Dhabi’s ADQ commit Dh4.7b to mega offer
Other investors include Abu Dhabi’s Alpha Dhabi and Emirates Investment Authority Dubai: The DEWA IPO has already gotten some big names as investors, including Abu Dhabi’s ADQ and Alpha Dhabi …
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Why Is The Uae So Successful?
How Did Dubai Become So Successful? was aimed at developing tourism and eventually it resulted in Dubai discovering the much-needed little oil that helped build Dubai into what we …
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How To Unfreeze Bank Account In Uae?
Would You Mind Telling Me How I Can Unfreeze Ve My Online Account? For users of Netbanking’s bank portal, clicking the “Update PAN” section on the Netbanking portal can be u …
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