Tag: finance

This collaboration represents a significant advancement in the sector and underscores the commitment of both organizations to empower small and medium enterprises (SMEs) and foster sustainable economi …

SAG Holdings Ltd (SAG) expects to raise $8 million in an IPO on Tuesday, October 22nd, IPO Scoop reports. The company will be issuing 1,000,000 shares at $8.00 per share. In the last twelve months, …

First Abu Dhabi Bank , the United Arab Emirates’ biggest lender by assets, beat third-quarter profit estimates on Friday, helped by factors such as “increased client activity”, which boosted revenue.

First Abu Dhabi Bank , the United Arab Emirates’ biggest lender by assets, beat third-quarter profit estimates on Friday, helped by factors such as “increased client activity”, which boosted revenue.

The UAE’s biggest lender First Abu Dhabi Bank (FAB) posted a Q3 2024 net profit of 4.46 billion dirhams ($1.2billion), 5% higher than in the year-ago period on higher revenue growth that offset a jump …

The UAE’s biggest lender First Abu Dhabi Bank (FAB) posted a Q3 2024 net profit of 4.46 billion dirhams ($1.2billion), 5% higher than in the year-ago period on higher revenue growth that offset a jump …

The UAE will support startups developing advanced technology solutions for use in the trade sector after launching a new specialised incubator. Dr. Thani Al Zeyoudi, Minister of State for Foreign …

Currently, the operator is charging a fixed a fee of Dh4 every time a vehicle passes any of the toll gates across the city …

OQ Expoloration and Production, the Omani state oil E&P company, priced its IPO on Thursday at $1, the top of the opening range, in a deal that “came together very well”, despite escalating …

Investors walk under a stock index board at the Dubai Financial Market in Dubai, United Arab Emirates, January 8, 2020. The main index of Dubai Financial Market (DFM) lost 26.63 points (0.59%) and …

The UAE Government and the World Economic Forum (WEF) today concluded the Annual Meeting of the Global Future Councils 2024 (AMGFC24) that took place in Dubai from 15-17 October. The meeting gathered …

Mortgage buyers received a welcome boost in September with an interest rate drop of 0.5%, the first cut in rates in over 4 years …

Kenya is in discussions with the United Arab Emirates for a $1.5 billion commercial loan with an 8.25% interest rate and a seven-year tenor, Finance Minister John Mbadi said on Wednesday.

ADNH Catering, a unit of Abu Dhabi National Hotels, has raised Dh864 million ($235 million) through its initial public offering, pricing its shares at the top of the indicated range amid continued …

Catering has set the final price for its Initial Public Offering (IPO) at AED 1.18 per share. This decision comes as the company prepares to list its shares on the Abu Dhabi Securities Exchange, with …

The listing is part of a privatisation programme by state-owned energy group OQ, which is helping Oman – a small non-OPEC oil producer – to diversify its economy and cut its debt …

Government, semi-government, and private sector entities in the UAE can easily access the ICP’s database to … with Dh100 being deducted from your bank account. Get Breaking News Alerts From Gulf …