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Tag: finance

Posted on 23/11/2023

COP28 sponsor Mashreq partners with Visa and ecolytiq for first climate banking platform in UAE and MENA

Mashreq, in partnership with Visa and ecolytiq, has rolled out a climate banking platform to its nearly one million customers. The launch represents a first of its kind product in both the UAE and in …

Posted on 22/11/2023

COP28 UAE: What is COP28? Why is it important? Here’s all you need to know about the event

COP28 UAE will be a milestone moment for the world to unite around … Developing countries demanded a restructuring of the World Bank and its affiliates; more concessional and grant-based financing; …

Posted on 22/11/2023

Mashreq partners Visa and ecolytiq on climate banking platform

Mashreq, a leading financial institution in the MENA region, in partnership with Visa and ecolytiq, is announcing the roll out of its new climate banking platform to its nearly one million customers – …

Posted on 22/11/2023

UAE faces ‘risk and opportunity’ in green energy transition

LBS is to host another discussion this Thursday, this time in Dubai at its office in Dubai International Finance Centre, which will further discuss key themes and challenges facing the business world, …

Posted on 22/11/2023

IDB achieves remarkable Emiratization with 30% Emirati workforce within less than a year of UAE branch operations

The Bank Strives to Increase Emirati Representation Beyond Mandatory Operational Requirements as Operations Expand …

Posted on 22/11/2023

United Arab Emirates (UAE): Shakhboot Bin Nahyan Participates In An Event Co-Chaired By The COP28 Presidency Unit In London

Download logo His Excellency Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, participated in an event co-chaired by the COP …

Posted on 22/11/2023

UAE powers Africa’s sustainable future

To date, the UAE has invested over $12bln in development projects and renewable energy across Africa through partnerships with both governmental and private sectors …

Posted on 22/11/2023

UAE non-oil economy to grow 4.5% this year: World Bank

According to the recently published World Bank Gulf Economic Update (GEU) report, the Bank anticipated the UAE’s non-oil GDP growth to reach 4.5 per cent in 2023, driven by strong performances in the …

Posted on 22/11/2023

UAE’s PureHealth Holding plans IPO in December 2023

P ureHealth Holding, a UAE-based integrated healthcare network, is set to launch an initial public offering (IPO) in December and list its shares on the Abu Dhabi Securities Exchange (ADX). The IPO is …

Posted on 22/11/2023

ADGM, the Region’s Leading Climate Finance Hub, Announces its Role as Principal Partner at COP28

Abu Dhabi Global Market (ADGM), the international financial centre of UAE’s capital, announced today its appointment as ‘Principal Climate Finance Partner’ at COP28, set to run in the UAE from 30th …

Posted on 22/11/2023

COP28 in Dubai from November 30: What’s on the agenda?

Third, COP28 places nature, people, lives, and livelihoods at the core of climate action. Lastly, the UAE calls for inclusivity, urging active participation from diverse groups such as women, …

Posted on 22/11/2023

UAE Corporate Tax: How prepared are businesses as end of first tax year comes into sight

For UAE businesses, it is important to take a panoramic view of … A robust accounting and record keeping will ensure smooth corporate tax compliance. The Ministry of Finance has stated that the …

Posted on 22/11/2023

Dubai Taxi sets IPO price range, targets company at up to $1.2b

Dubai Taxi Company (DTC) on Tuesday announced the price range for the sale of its shares (Offer Price Range) and the start of the subscription period for its initial public offering (IPO). In a …

Posted on 21/11/2023

Middle East Sees Year-End IPO Rush Despite War, Global Listings Gloom

The market for new share sales sprang to life in the Middle East, where investors snapped up all stock on offer in a taxi company in under an hour and put in orders worth $12 billion for a …

Posted on 21/11/2023

Dubai Taxi IPO price range values company at up to $1.25 bln; strong demand expected

DUBAI, Nov 21 (Reuters) – Dubai Taxi Company (DTC) on Tuesday kicked off the subscription period for its upcoming initial public offering (IPO), which could raise up to around $316 million, with …

Posted on 21/11/2023

UAE: Sheikh Mohammed bin Rashid receives delegations attending conferences of ICAO, ITU

First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance of the UAE. At the reception, Sheikh Mohammed expressed the UAE’s commitment to delivering effective and innovative …

Posted on 21/11/2023

Upcoming Dubai summit should break climate finance deadlock

Recently the United Kingdom surprised many when it announced a reversal of the initial targets of selling new petrol and diesel cars from 2030 to 2035.And that was not it. The country will also slow …

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