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Tag: finance

Posted on 08/08/2023

Mena IPO activity jumps 44% in second-quarter amid strong economic growth, EY says

The listing activity in the Middle East and North Africa region continued to gather momentum in the second quarter of this year, as the volume of initial public offerings on regional bourses climbed …

Posted on 08/08/2023

MENA maintains IPO momentum, raises $1.8bn Q2 2023

Saudi Arabia dominated MENA IPO activity in terms of the number of listings, with four listings on the Tadawul’s main market raising $0.8bn.

Posted on 08/08/2023

MENA IPO momentum continues into Q2 with 13 deals raising $1.8 billion

IPO activity in the MENA region continued to gather momentum with a total of $1.8 billion in proceeds from 13 IPOs – …

Posted on 08/08/2023

Dubai maintains growth surge to reach $30.3bn GDP for first quarter

Dubai’s GDP growth of 2.8% is higher than 1.6% for OECD countries, 1.1% for European Union and 1.8 % for the US Dubai maintains growth surge to reach $30.3bn GDP for first quarter Digital Dubai, Dubai …

Posted on 08/08/2023

Dubai real estate records over $762mn in property deals on Monday

Dubai recorded property buying deals to the tune of over $762 million (AED2.8 billion) on Monday, data released by Dubai Land Department (DLD) showed. Monday’s deals included 670 sales transactions …

Posted on 08/08/2023

MENA IPO momentum continues into Q2 2023 with 13 deals raising $US1.8b

According to the EY MENA IPO Eye Q2 2023 report, IPO activity in the MENA region continued to gather momentum with a total of US$1.8b in proceeds from 13 IPOs – a 44% increase in the number of …

Posted on 08/08/2023

Mena ‘IPO momentum continues’, 13 deals raise $1.8bn in Q2

IPO activity in the Mena region continued to gather momentum with a total of $1.8 billion in proceeds from 13 IPOs – a 44% increase in the number of listings but an 80% drop in proceeds when compared …

Posted on 08/08/2023

MENA IPO activity: 23 listings registered in H1; Saudi, UAE to lead market in H2

IPO activity in the MENA region continued to gather momentum with a total of $1.8 billion in proceeds from 13 IPOs in Q2 2023, EY stated in the report …

Posted on 08/08/2023

UAE authority warns residents of fake shopping sites, online scams

The alert comes as reports of people falling victim to online fraud continue to emerge despite repeated warnings …

Posted on 08/08/2023

Dfsa, Financial Intelligence Unit Sign Mou To Strengthen Collaborative Action Against Financial Crime

The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding with the Financial Intel …

Posted on 08/08/2023

UAE: DFSA, Financial Intelligence Unit join hands against financial crime

The agreement aims to enhance co-operation, co-ordination, and information sharing between the DFSA and FIU to fulfill their respective obligations related to AML/CFT compliance.

Posted on 08/08/2023

Real estate in Dubai much more affordable than Mumbai, says Dubai’s 1% man

While he sees potential and opportunities in India’s financial capital, Rizwan Sajan is sticking to the emirate for now …

Posted on 08/08/2023

Dubai Foreign Visits Hit 8.5m in H1 2023, Becomes Region’s Wealthiest City

According to the update, with over 8.5 million visits to the United Arab Emirate (UAE) country in the first half of 2023, Dubai becomes the region’s wealthiest city in the Middle East and North Africa …

Posted on 07/08/2023

Dubai logs over $762.3mln in realty transactions Monday

Dubai’s real estate market recorded 670 sales transactions worth AED2.03 billion on Monday, in addition to 112 mortgage deals totalling AED724.49 million, and 13 gift deals amounting to AED94.95 …

Posted on 07/08/2023

Dubai logs over AED2.8bn in realty transactions Monday

Dubai’s real estate market recorded 670 sales transactions worth AED2.03 billion on Monday, in addition to 112 mortgage deals totalling AED724.49 million, and 13 gift deals amounting to AED94.95 …

Posted on 07/08/2023

BIT 2023: The ultimate banking and fintech confluence set to ignite the future of finance

Khaleej Times, in partnership with WeValue Inc., has announced the much-anticipated fourth edition of BIT 2023 — Banking, Innovation & Technology forum. Th..

Posted on 07/08/2023

VIDEO: What is Dubai’s Strategic Plan 2023-2026 all about?

The Strategic Plan 2023-2026 focuses on financial empowerment, sustainability, innovation, financial leadership as well as future foresight. Watch the Zawya video here. Disclaimer: This article is …

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