The Dubai Electricity and Water Authority’s (Dewa) initial public offering (IPO) is seeing strong demand and UAE’s stock markets have a healthy pipeline of IPOs, senior government officials said on …
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UAE gold retailer Joy Alukkas wants to be second-time lucky with India IPO plans
I am fully prepared for the public listing’, which could be in August Dubai: Joy Alukkas wants to get everything right with the planned IPO the second time round. It has been 10 years since the …
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Bybit Gets In-Principle Approval To Conduct Business in UAE
Bybit, a major cryptocurrency exchange, announced on Monday that it received in-principle approval to conduct ‘virtual assets business’ in Dubai, United Arab Emirates.
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Dubai: Dewa IPO set to raise Dh8 billion, likely to oversubscribe by 15 times
Analysts and market insiders said the Dewa IPO has already achieved its target on the first day of subscription and the government may exercise its right to increase the size of t …
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Dubai-based digital health start-up Altibbi raises $44m as it eyes future IPO
Dubai-headquartered artificial intelligence health platform Altibbi raised $44 million in its latest series B funding round to expand into new markets and boost its digital offerings as it seeks to …
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Mashreq Bank launches NEOPAY to consolidate digital payments in the UAE
Mashreq Bank, one of the leading financial institutions in the UAE, has completed the transition of its existing payments …
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UAE’s investment outlook is positive despite global challenges, senior official says
The UAE’s investment outlook looks positive as its policies to tackle the pandemic have infused confidence among investors, said Helal Al Marri, director general of Dubai’s Department of Economy and …
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Environmental and societal challenges: An opportunity for the finance sector to step up
Nature-based solutions (NbS) are fundamental to achieving so many of the environmental and societal challenges we face Environmental and societal challenges: An opportunity for the finance sector to s …
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OPEC+ Must Stay Out of Politics, UAE Says Ahead of Key Meeting
OPEC+ must stay out of politics, the United Arab Emirates said just days before producers — including Russia — meet to discuss oil output.Most Read from BloombergLow-Priced Omega Speedmaster Prompts …
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UAE Energy Ministry: People want more oil production but few want to finance the industry
UAE Energy Minister Suhail Mohamed Al Mazrouei said on Monday, “people want more oil production but few want to finance the industry.” “We are currently in a situation that was warned about years ago, …
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WGS 2022: Today’s oil price volatility springs from under-investments in energy, says UAE Industry Minister
UAE is investing and raising capacity to 5m barrels a day Dubai: More than geopolitical shocks, the current volatility in oil prices is caused by long-term under-investment in the energy sector, …
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UAE President pardons 540 prisoners ahead of Ramadan
Motivate Publishing UAE flag . President of the UAE Sheikh Khalifa bin Zayed Al Nahyan has ordered the release of 540 prisoners ahead of the holy month of Ramadan. The prisoner …
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Mashreq Bank launches Neopay to consolidate and grow
The wholly owned subsidiary, IDFAA Payment Services LLC or Neopay, will provide Issuer Processing and Acquiring Processing services to financial institutions and fintechs …
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World leaders, policymakers, experts convene in Dubai to address most urgent global challenges at WGS2022
Government officials and experts from around the globe are convening in Dubai this week at the World Governmen …
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Ministry of Finance organises specialised sessions within the World Government Summit 2022
The ministry is always keen to participate in WGS sessions and contribute to supporting government visions and directions aimed at bolstering government work in the UAE” Dubai: The Ministry of Finance …
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Dubai: Sheikh Mohammed meets with Prime Minister of the Iraqi Kurdistan Regional Government
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met with Masrour Barzani, Prime Minister of the Iraqi Kurdistan Regional Government …
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3 Things You Need to Know When Financing a Property in Dubai
A few years ago, many expats and foreigners hesitated about buying property in the Middle East. Now, Middle Eastern destinations, particularly Dubai, have become ideal choices when it comes to buying …
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