The latest payment package will employ near-field communication (NFC) technology to provide more accessible, faster, and more flexible transactions …
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UAE most targeted in Mena for M&A deals
The UAE was the most targeted nation for mergers & acquisitions in the Middle East and North Africa region as the value of deals in the first nine months r..
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Burjeel Holdings to use proceeds from new shares for expansion in UAE, Oman, Saudi: Dr. Shamsheer
Ongoing expansion in UAE, Oman, KSA In an exclusive interview with WAM … Dr. Parambath said the strong demand for the company’s Initial public offering (IPO), which was 29 times oversubscribed, …
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UAE: Paying bills, banking, visiting the doctor in the metaverse, what does it mean for you?
Commercial Bank International, a corporate and retail bank headquartered in Dubai, announced the official launch of their Metaverse location The idea would be that one day you could do everything …
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UAE: ADCB ranked highest among GCC banks in ESG risk
The Bank is now fully aligned with the UAE’s ambitions for an inclusive, net-zero economy, and we remain committed to supporting our customers and our communities on their journey towards a low-carbon …
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UAE digital bank Wio in deal with Stripe for faster payment onboarding of SMEs
Wio Business, the digital banking app from Wio, will allow SMEs and freelancers – ‘who previously struggled to get access to payment products’ – to activate their e-commerce …
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Dubai-Based Bank First to Recruit via Metaverse
Commercial Bank International (CBI), a corporate and retail bank headquartered in Dubai, is the first bank to recruit a UAE national via Metaverse.
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Dubai: 2 expats win $1 million each after over 15 years of participating in Duty Free Millennium Millionaire
The latest draw for Dubai Duty Free Millennium Millionaire saw two individuals, a 58-year-old Indian national based in Muscat, Oman, and a 50-year-old Iran..
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UAE assets are ready for some heavy ‘value investing’ fund flows
Compared to some global asset values, UAE has some relative bargains to offer After dominating headlines for more than a year, luxury real estate has started to fall and houses are sitting on the …
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CEO of UAE’s digital bank Zand steps down
Oliver Crespin, CEO of UAE’s digital bank Zand, has stepped down from his role. Crespin is ‘moving on to pursue other interests with effect from October 5, 2022,’ the bank said in a statement. Mark …
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Arabian Drilling set to raise over $700mln in IPO
DUBAI – Arabian Drilling Company, a Saudi oilfield services firm, said on Tuesday it will price its initial public offering at 100 riyals a share and is set to raise 2.67 billion riyals ($710.58 …
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UAE Golden Visa: 6 step guide to apply and how much it costs
New UAE Golden Visa rules came into effect earlier this month. Here’s how to begin the application process UAE Golden Visa: 6 step guide to apply and how much it costs Abu Dhabi, Dubai, Golden …
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Dubai records over AED1.5 billion in realty transactions Tuesday
Dubai real estate market recorded 469 sales transactions worth AED1.29 billion, in addition to 77 mortgage deals of AED190.01 million, and 8 gifts deals amounting to AED26.82 million on Tuesday, data …
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Arabian Drilling set to raise over $700 million in IPO
Arabian Drilling Company, a Saudi oilfield services firm, said on Tuesday it will price its initial public offering at 100 riyals a share and is set to raise 2.67 billion riyals ($710.58 million).
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Dubai digital bank Zand’s CEO steps down to pursue new interests
CTO Mark James Chittenden will be the interim CEO until a new appointment is made by the board, the bank said. Zand’s Chairman Mohamed Alabbar, said: “On behalf of the board, we thank Olivier for his …
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Dubai records over $408mln in realty transactions on Tuesday
DUBAI – Dubai real estate market recorded 469 sales transactions worth AED1.29 billion, in addition to 77 mortgage deals of AED190.01 million, and 8 gifts deals amounting to AED26.82 million on …
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Burjeel shares up15.5% after AED1.1 billion IPO
Burjeel Holdings PLC’S shares hiked 15.5 percent, hitting AED2.310 from AED2.00 on their maiden day of trading today.The company’s Initial public offering (IPO), which raised gross proceeds of more …
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