IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
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Dubai seeks to raise $362m from district cooling firm IPO
Empower will start taking investor orders for the IPO from Monday, with final pricing scheduled for November 9 …
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How one UAE-based fintech is looking to process $200bln in trade finance
Fintech startup Modifi has quadrupled its growth over the past two years by bridging the trade finance gap in the MENA region and around the world …
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Taaleem announces its intention to float on the Dubai Financial Market
The IPO provides an attractive investment opportunity for investors to participate in the next phase of the company’s growth through the expansion of its premium K-12 segment …
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Dubai Seeks to Raise $362 Million From District Cooling Firm IPO
Dubai is seeking to raise $362 million from selling a 10% stake in Emirates Central Cooling Systems Corp., the city’s fourth privatization this year as part of efforts to boost trading volumes on its …
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UAE Financial Markets Association inks partnership agreement with ICMA
The UAE Financial Markets Association (UAE FMA) has signed a cooperation agreement with the International Capital Market Association (ICMA) to boost their cooperation and mutual membership as well as …
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UAE: New payment method announced for tax liabilities
The Federal Tax Authority earlier announced that as of Sunday, October 30, the eDirham platform will no longer be accepted …
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Dubai’s New Interim Registration and Mortgage Laws Curb Speculation, Boost End user’s Confidence
A mortgage will not be valid unless it is registered with the Dubai Lands Department and the mortgage must specify the amount which is secured by the mortgage, the value of the property being …
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How ADGM is developing a sustainable finance industry in the UAE
ADGM is working with its peer regulatory authorities in the UAE to develop a taxonomy for sustainable projects …
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Dubai Financial Services Authority signs MoU with Bangladesh Securities and Exchange Commission
DUBAI – The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with the Bangladesh Securities and Exchange Commission (BSEC) to foster an open dialogue and enable …
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UAE: Ministry of Finance announces amendment of some provisions of Value Added Tax Decree-Law
The amendments were made are in line with international best practice in light of the GCC Unified VAT Agreement …
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Bayut and dubizzle owner raises $200 million and unveils plans for IPO
The Emerging Markets Property Group, which owns classified portals Bayut and dubizzle in the UAE, has raised $200 million in funding and will now focus on preparing for an initial public offering “in …
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Dubai-based EMPG, which owns Bayut & dubizzle, raises $200m in funding
The funding round was led by US-based growth equity fund Affinity Partners, with new funding from KCK, Acacia Partners …
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UAE government’s total revenue at AED 305.6 bln in H1 2022 – ministry
The United Arab Emirates’ federal and emirates governments recorded AED 305.6 billion ($83.20 billion) in total revenue in the first half of 2022, the UAE’s finance ministry tweeted on Friday. ($1 = 3 …
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Dubai Financial Market Company posts 133% rise in net profit for nine-month period
Dubai Financial Market Company has registered an increase of 133 per cent in net profit for the first nine months of the year, amounting to Dhs89m, compared to Dhhs38.1m in the same period of 2021.
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UAE startup wants to help Emirati women break into real estate
Regulated by the Dubai Financial Services Authority (DFSA) and licensed under the Dubai International Financial Centre (DIFC), Baytuki is enabling Emirati women to micro invest in real estate with as …
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Bayanat IPO: G42-owned company’s IPO oversubscribed 90 times
Provided by The National Bayanat said the listing and commencement of trading in shares on the Abu Dhabi Securities Exchange is expected to start on Monday, subject to customar …
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