Image Credit: Supplied Dubai: A Dubai-based investment fund GII … we needed an investor group that could guide us on building an IPO-able company. “Interactions with GII were always focused …
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Manyavar Parent Vedanta Fashion Ltd IPO Opens Today: Should You Buy?
The IPO will be open for four days till February 8 and will be available … 58 shop-in-shops globally and 11 overseas EBOs in countries such as the US, the UAE and Canada which have a large segment …
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Manyavar IPO opens today — Check out the important dates and details of the IPO
Canada and the UAE. However, buying clothes from a famous brand is not similar to buying shares of the same company. Click here to read the analysts view on whether to subscribe to the IPO or not. The …
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Al Mal Capital Keeps ‘Outperform’ Rating on Drake & Scull
DUBAI – Al Mal Capital has kept its “outperform” rating … It has virtually negligible debt and a cash balance of over Dh1 billion from unused initial public offering (IPO) funds,” said Al Mal …
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UAE – Finance, technology and energy remain favoured investment options
The majority of respondents recognised finance, technology and energy as the favoured investment options. “Predictions are part and parcel of financial advisory. But, if 2021 was anything to go …
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Manyavar-owner Vedant Fashions collects Rs 945 cr from anchor investors ahead of IPO
Since the IPO is entirely an offer for sale … including 11 overseas EBOs across the United States, Canada and the UAE, which are countries with a large Indian diaspora.
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Apex Group appoints new managing director for Bermuda
In recent years, Mahon has been a consultant and chief operating officer for various companies including Dubai-based Eco3tech … Mahon held numerous senior fund administration and accounting roles at …
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UAE Wealth Funds Behind $10 Billion Israel Plans Scout for Deals
(Bloomberg) — Major United Arab Emirates wealth funds have discussed expanding into Israel to advance up to $10 billion in investments over the next decade, according to three people familiar with …
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UAE Wealth Funds Behind $10 Billion Israel Plans Scout for Deals
(Bloomberg) — Major United Arab Emirates wealth funds have discussed expanding into Israel to advance up to $10 billion in investments over the next decade, according to three people familiar with …
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UAE chooses Accenture to develop national payments platform
Alongside suppliers G42 and SIA, the digital payments arm of Nexi Group, Accenture was selected by the Central Bank of the UAE (CBUAE) to build and operate the UAE’s National Instant Payment Platform …
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UAE: Impounded cars sold for as little as Dh2,000 at public auctions
The five car auctions generated a high influx of bidders, whose number exceeded 1,200, in a context of strong competition for the cars on sale, and the value of which was paid for by bank cards and …
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Saudi Pharmacy chain seeks $1.3 billion in top IPO since Aramco
Al Nahdi Medical Co. has appointed investment bankers for potential IPO Riyadh: Saudi Arabia’s largest pharmacy retail chain plans to seek about $1.3 billion in an initial public offering in the next …
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UAE Central Bank ropes in Accenture to lead national instant payment platform
Accenture will build and operate the National Instant Payment Platform over five years Abu Dhabi: Accenture has been selected by the Central Bank of the UAE (CBUAE) to lead a consortium of companies …
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UAE Central Bank launches new general terms and conditions for standing credit and liquidity insurance
As part of its Dirham Monetary Framework implementation plan, the Central Bank of the UAE (CBUAE) will introduce new general terms and conditions for its standing credit and liquidity insurance …
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Spanish investment bank Alantra launches Dubai office
Spanish investment bank Alantra ALNTA.MC is launching an office in Dubai as it seeks to expand its international client network and win more business from corporates and high net worth individuals in …
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Dubai’s Department of Finance reinforces efforts to further enhance emirate’s business environment
DUBAI, 1st February, 2022 (WAM) — The Government of Dubai’s Department of Finance (DOF) said that, under the directives of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of …
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UAE – DIB joins Etisalat Digital’s Blockchain platform
Dubai Islamic Bank (DIB) has announced that it has become an official member bank of UAE Trade Connect (UTC). UTC is the first commercialised blockchain platform of its kind in the UAE built on …
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