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Tag: banking

Posted on 15/03/2022

Dewa float kicks off Dubai IPO pipeline

Dubai Electricity and Water Authority (Dewa) has launched the first of what is expected to be around a dozen IPOs of state-owned companies in the UAE this year on Tuesday. The deal is the first new …
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Posted on 15/03/2022

Can I Pay For Uae Visa With Credit Card?

There is a majority acceptance of Visa and MasterCard in the UAE. As well as American Express and Discover, some large hotels and restaurants allow customers to withdraw money using these methods.
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Posted on 15/03/2022

‘World Blockchain Summit’ to begin in Dubai

World Blockchain Summit WBS Dubai, the most influential cryptocurrency and blockchain summit in the Middle East since 2017, will take place face to face. The focus of the event, which will be held on …
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Posted on 15/03/2022

How do I buy shares in Dubai Electricity and Water Authority (DEWA)? Here’s all you need to know

Any individual or institution can apply for an Investor Number (NIN) with Central Securities Depository LLC (Dubai CSD) in order to trade both DFM and Nasdaq Dubai liste …
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Posted on 15/03/2022

Snapchat Co-Founder and CEO meets UAE Minister of Finance on visit to Dubai

The pair discussed how the emirate is planning to strengthen its cooperation with international tech firms Snapchat Co-Founder and CEO meets UAE Minister of Finance on visit to Dubai digital economy, …
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Posted on 15/03/2022

Dubai gets set for IPO boom as utility giant DEWA offers 3.25b shares

DEWA will pay a ‘minimum’ of Dh6.2b a year as dividend – for next 5 years It’s here! The much anticipated DEWA IPO will launch its offer period on March 24. Image Credit: Devadasan K P/Gulf News Dubai …
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Posted on 15/03/2022

Global Soft Power Index: Sheikh Mohammed hails UAE’s top ranking

The UAE Vice-President has hailed the country’s top ranking in the Global Soft Power Index. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler …
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Posted on 15/03/2022

Dubai’s DEWA floats 6.5 percent stake in IPO, totalling 3.25bn shares, marking a “turning point” in Dubai’s capital market

DEWA intends to pay dividends twice each fiscal year – in April and October of each year – after the offering. It expects to pay a minimum dividend amount of AED 6.2 billion per annum, over the next …
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Posted on 15/03/2022

UAE leads Mena region on Global Soft Power Index, among top 15 worldwide

The UAE retains its position as the top position in the Middle East and North Africa on the Global Soft Power Index and also improving its ranking by two positions to the rated among the top 15 …
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Posted on 15/03/2022

UAE: Gold prices fall for a third day, hit their lowest in nearly two weeks, ahead of potential US rate hike

US central bank’s decision to hike rates on Wednesday to possibly weaken gold prices. UAE: Gold falls 1 per cent, drops for a third day ahead of potential US rate hike. Image Credit: Pixabay Gold …
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Posted on 15/03/2022

UAE Banks Federation calls upon SMEs in UAE to unlock their potential

With SMEs having such a sizeable impact on the national economy, UBF has vowed to support them through business-friendly initiatives that build on innovation, digitalisation, financial planning, …
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Posted on 15/03/2022

DEWA plans to list 6.5 pct stake in what could be Dubai’s biggest IPO

State-owned Dubai Electricity & Water Authority (DEWA) plans to sell a 6.5 percent stake in what could be the city’s biggest initial public offering.For …
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Posted on 15/03/2022

Dubai gets set for IPO boom with utility giant DEWA to offer 3.25b shares

DEWA will pay a ‘minimum’ of Dh6.2b a year as dividend – for next 5 years Dubai: The Dubai Electricity & Water Authority (DEWA) will offload a 6.5 per cent stake – totalling 3.25 billion shares – as …
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Posted on 15/03/2022

Dewa to list 6.5% of shares on Dubai Financial Market

The Dubai Electricity and Water Authority will list 6.5 per cent of its shares o Financial Market, as part of the emirate’s plan to double the size of its capital marke …
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Posted on 15/03/2022

UAE goes higher in global ‘soft power’ rankings as its COVID-19 handling delivers big

US is back at the top in Brand Finance’s latest rankings Dubai: The UAE’s response to the COVID-19 crisis – both internally and to external audience – has lifted the country’s ‘soft power’ status to …
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Posted on 15/03/2022

What Is Biggest Bank In Uae?

Are There Any Banks In U.K. That Are The Top Bank In Uae?? A look at the first Abu Dhabi bank by the number one Abu Dhabi Bank. second: UAE Bank NBD. The Abu Dhabi Commercial Bank …
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Posted on 15/03/2022

UAE-India Forum to explore investment opportunities

The UAE-India Investment Forum, which is hosted by Khaleej Times at Conrad Hotel in Dubai today, aims to herald a new beginning in the flourishing economic ties between the two countries.The UAE …
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