Gulf’s top IPO issuer in 2017

DUBAI — The economic activity associated with initial public ... The UAE figure does not include $851 million IPO done by Adnoc Distribution in mid-December. The overall IPO activity from the Middle East saw a 225 percent increase in terms of volume ... ( read original story ...)

UAE tops the IPO issuers Gulf list in 2017

The United Arab Emirates (UAE) topped the list of countries in terms of raising capital through initial public offering in 2017. Four companies in the UAE raised a total $1.287 billion in 2017, followed by Saudi Arabia, which raised $663 million, according ... ( read original story ...)

UAE’s Amanat inks deal to up stake in education provider

Amanat Holdings on Thursday announced that it has increased its stake in Taaleem Holdings, one of the UAE’s largest providers of K-12 primary and secondary education, to 21.7 percent. The GCC’s largest investment company solely focused on healthcare ... ( read original story ...)

UAE banking on AI, and the results are showing

Every once in while, an event becomes a defining moment for an emerging technology. On October 19 this year, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, announced the appointment of ... ( read original story ...)

VAT-Ready Accounting Software for VAT Ready UAE

VAT comes into effect in the UAE at 7 a.m. on January 1 ... that information gets automatically updated in your bank records. Invoicing that’s VAT compliant, yet customisable Did you know that there are 11 distinct details that a VAT-compliant invoice ... ( read original story ...)

New UAE research centre set to finance 3,000 scientists

Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has launched the Mohammed bin Rashid Centre for Future Research. The centre's first series of research initiatives will include the financing of a research community ... ( read original story ...)