The UAE — which is serving as Arab League’s representative on the United Nations Security Council — requested an emergency meeting of the forum in the wake of the attack, amid spiraling violence in …
UAE to provide assistance of $3m for reconstruction of raided Palestinian town
Bezalel Smotrich, Israel’s finance minister and an extreme-right settler, later said “Huwara needs to be wiped out”, sparking widespread condemnation, including from the UAE, the UN, the United States …
Dubai records over AED2.1 bn in realty transactions Thursday
DUBAI, 16th March, 2023 (WAM) — Dubai real estate market recorded 635 sales transactions worth AED1.56 billion, in addition to 107 mortgage deals of AED505.91 million, and 31 gift deals amounting to …
Missed out on an IPO? Here’s how you can still benefit if you did
UAE experts explain why Missing out on an IPO is quite common among both newbie and veteran investors. Here’s how you can still benefit if you did. Image Credit: Shutterstock Dubai: The fear of …
Most Middle Eastern bourses slide further as bank turmoil jolts markets
Investors walk under a stock index board at the Dubai Financial Market in Dubai … A week ago start-up lender Silicon Valley Bank in California failed, and now a systemic bank in one of Europe’s …
UAE Central Bank approves paperless direct debit marketplace to ease recurring payments
The UAE Central Bank has approved a paperless direct debit marketplace to provide payers as well as merchants an all-in-one solution to making regular monthly payments. Launched in September last year …
UAE pledges $3 mn to rebuild Palestinian town raided by settlers
Anwar Gargash, a senior adviser to the UAE president, called the $3 million pledge an “authentic” expression of the country’s “consistent and firm” support for the Palestinian people. The West Bank, …
UAE government revenue surges 7% in fourth quarter to $39bn
The UAE economy continues to withstand global headwinds and is expected to achieve 4.2 per cent in non-oil economic growth by the end of this year, Mohamed Al Hussaini, Minister of State for Financial …
Dubai Islamic Bank shareholders approve 30% dividend for 2022
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is …
Al Ansari IPO: UAE money exchange may raise as much as $210m
Al Ansari Financial Services, the UAE money and exchange company, may raise as much as Dh773 million ($210 million) from the sale of a 10 per cent stake in an initial public offering. The company is …
Al Ansari announces IPO price range starting at Dhs1, subscription begins today
Al Ansari Financial Services on Thursday announced the offer price range per share and the start of the subscription period for its Initial Public Offering (IPO) on the Dubai Financial Market (DFM).
UAE Ministry of Finance announces results of preliminary state-level Government Finance Statistics for Q4-2022
Image Credit: Shutterstock Dubai: The UAE Ministry of Finance (MoF) announced today the results of the preliminary government finance statistics report for Q4-2022. The results for the fourth quarter …
Abu Dhabi Islamic Bank named ‘Best Islamic Bank in the UAE’ by EMEA Finance
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has been recognized as the “Best Islamic Bank in the UAE” by EMEA Finance Abu Dhabi Islamic Bank (ADIB), a leading financial institution …
UAE exchange house Al Ansari seeks up to $210 million in IPO
DUBAI, March 16 (Reuters) – UAE-based exchange house Al Ansari … 2023 Aerospace & Defensecategory Boeing issues upbeat jet finance outlook amid market turbulence, article with image March 15, 2023 …
UAE’s Al Ansari sets IPO price, shares valued between AED1 and AED1.3
“The UAE’s global ranking as a tourist, commerce, talent and finance hub has steadfastly climbed over the years, thanks to government efforts and business-friendly policies, fuelling the growth and …
Dubai Police warn residents against sharing OTP, bank details with fraudsters
Dubai Police has warned the public to be vigilant against fraudsters impersonating government or banks in phone scams aimed at obtaining financial information. Officials emphasised that no government …
Dubai’s Al Ansari exchange sets IPO price range at Dh1-Dh1.03
Dubai family business to float 10% as UAE private entities take to stock markets Dubai: Al Ansari Financial Services has set a price range of Dh1-Dh1.03 for its IPO opening for subscription today …