Tag: finance

Strategic alliance with Swiss private banking giant LGT Bank boosts ABK Capital DIFC’s global investment capabilities.

Davidson Kempner Capital Management LP has acquired about $1.4 billion in bad debt from Abu Dhabi Commercial Bank PJSC, people familiar with the matter said, the second such transaction between the US …

ALEC’s IPO on the DFM raised $381m with demand topping $8.1bn, marking the UAE’s biggest-ever construction listing by size and value …

ALEC Holdings, the UAE construction and engineering group, raised Dh1.4bn ($381m) in the largest IPO in the Gulf since June. JP Morgan and Emirates NBD are global coordinators on the offering. Abu …

With the countdown on, Forex Expo Dubai 2025 will open its doors next week on 6–7 October at Dubai World Trade Centre.

ALEC Holdings secures $381 million in oversubscribed IPO, marking UAE’s largest construction market debut in history. ALEC IPO raises $381mn after 21x oversubscription, UAE’s biggest-ever construction …

Dubai contractor Alec Holdings said its initial public offering (IPO) was oversubscribed 21 times across all tranches, with demand reaching AED30 billion ($8.1 billion). Demand stemmed primarily from …

UAE construction and engineering company Alec Holdings has raised Dh1.4 billion ($381.2 million) from its initial public offering on the Dubai Financial Market, setting the price range at the top end …

Alec Holdings announced on Wednesday the final offer price of its initial public offering, pricing it at the top end of Dh1.4 per share, raising Dh1.4 billion. The engineering and construction group …

Alec Holdings announced on Wednesday the final offer price of its initial public offering, pricing it at the top end of Dh1.4 per share, raising Dh1.4 billion. The engineering and construction group …

ALEC Holdings, a Dubai-based engineering and construction group, has set the final offer price for its initial public offering (IPO) at 1.40 dirhams ($0.38) per share, the top end of the announced …

The final offer price for the initial public offering (“IPO”) of 1,000,000,000 (one billion) ordinary shares of ALEC Holdings PJSC has been set at AED 1.40 per share, which is the top end of the …

Global Finance has announced the Safest Banks in the Middle East as part of its 34th annual ranking of the World’s Safest Banks. The full list is included here and will be published in the November …

Workday will open a Dubai office and bring its enterprise AI platform for HR, finance and agents to the Middle East. Here’s what changes for UAE businesses.

We’re proud to be one of the first global investing platforms to bring instant bank transfers to customers in the UAE. Open banking is a powerful innovation …

Miami, Dubai top UBS 2025 Global Real Estate Bubble Index, signaling elevated risks. Miami exhibits highest bubble risk.

Dubai based BECO capital has raised $370 million across two funds – $120 million for BECO Fund IV, the firm’s fourth early-stage fund, and a $250 million Growth Fund.