Tag: finance

This will be the country’s biggest IPO this year. Lulu Retail Holdings has announced plans to raise $1.43b through an initial public offering (IPO) that will be listed on the Abu Dhabi Securities …

The UAE, represented by the Ministry of Finance and the UAE Central Bank, concluded its participation in the Annual Meetings of the International Monetary Fund (IMF) …

Dubai, one of the most vibrant financial centers in the world, has become a top choice for entrepreneurs and investors looking to forex trading.

The minimum application size for first tranche subscribers is Dh5,000 with any additional application to be made in increments of Dh1,000 …

Based on the price range, Lulu Retail’s market capitalisation could reach between AED 20.04 billion and AED 21.07 billion …

Lulu Retail Holdings Plc had demand for all shares in its 5.27 billion dirhams ($1.43 billion) initial public offering an hour after books opened on the deal.

Deem Finance, a UAE-based, digitally-driven financial services provider, is pleased to announce a pioneering collaboration with Daman Investments, thereby becoming the first institution to participate …

A report by the Central Bank indicates that the number of bank branches operating in the UAE decreased from 493 at the end of the first half of 2023 to 482 by the end of the first half of 2024.

UAE retail major Lulu Group is aiming to raise up to Dh5.27 billion ($1.43 billion) from its initial public offering in Abu Dhabi, which would make it the largest listing in the UAE so far this year, …

The increase from £230,000 to £500,000 reinforces The Seventy Ninth Group’s strong commitment to supporting First Class Metals PLC’s exploration initiatives …

Lulu Retail Holdings Plc is looking to raise as much as 5.27 billion dirhams ($1.43 billion) from its initial public offering, in what’s set to be the United Arab Emirates’ biggest listing of the year …

UAE retail giant Lulu has will raise between 5.01 billion and 5.27 billion UAE dirhams ($1.36 billion-$1.43 billion) from its IPO on the Abu Dhabi Securities Exchange (ADX). The company has set the …

The minimum application size for first tranche subscribers is Dh5,000 with any additional application to be made in increments of Dh1,000 …

With a booming real estate market, the UAE’s land hosts a variation of houses across all its emirates, spanning from different types of apartments to villa..

The Roads & Transport Authority (RTA) in Dubai has awarded a contract for the Trade Centre Roundabout Development Project, following directives from Sheikh Mohammed bin Rashid Al Maktoum, Vice …

The UAE, represented by the Ministry of Finance (MoF) and the Central Bank of the UAE, participated in the fourth G20 Finance Ministers and Central Bank Governors Meeting, on the sidelines of the …

Citigroup had been linked to the deal but has been replaced by Morgan Stanley and Goldman Sachs, according to a source close to the deal …