Physical bank and identity cards, using microchip technology, are a long way from becoming obsolete, a top official in the payment card manufacturing secto..
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UAE: Physical Debit, credit cards long way from becoming obsolete, says expert
Physical bank and identity cards, using microchip technology, are a long way from becoming obsolete, a top official in the payment card manufacturing secto..
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Dubai: Salik ups IPO size by 24.9% due to strong investor demand
The substantial increase in the shares offered by the company provides investors with a highly attractive value proposition …
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Dubai’s Salik ups IPO size to 24.9 percent on strong investor demand
The offering is being increased from the initial 1.5 billion shares or 20 percent of the share capital, to 1.87 billion shares or 24.9 percent Dubai’s Salik ups IPO size to 24.9 percent on strong …
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Salik IPO: Dubai toll operator set to raise more than $1bn after boosting offering size
The emirate is boosting the size of the stake it is selling in toll operator Salik. AP . Dubai’s government aims to raise Dh3.735 billi …
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Dubai Increases Salik IPO Size to $1 Billion on Strong Demand
Dubai boosted the size of its road-toll operator’s initial public offering by 25% to $1 billion on stronger-than-expected demand, underscoring continued interest in Middle Eastern listings despite …
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London hedge fund trader hiding in Dubai told to pay staggering £1.1bn to Danish taxman
A British hedge fund manager and financier was slapped with a tax bill of more than £1bn this morning. The man, accused by Denmark of masterminding a …
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Digital Banking: Wio Bank PJSC Launches in the UAE
Wio Bank PJSC announced its launch in the UAE, “becoming the first platform bank in the region, aiming to transform banking operating model.” …
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Road-toll operator Salik aims to raise $817 million in Dubai IPO, Gulf News reports
Dubai road-toll operator Salik priced its initial public offering at 2 dirhams a share, according to Dubai-based daily Gulf News on Tuesday, valuing the issue at around 3 billion dirhams ($817 million …
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Ministry of Finance signs a MoU with the UAE Internal Auditors Association
The Ministry of Finance (MoF) signed a memorandum of understanding (MoU) with the UAE Internal Auditors Association (UAE-IAA) for a period of three years, and it will automatically renew. The MoU, …
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Wio Bank PJSC officially launches in the UAE
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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UAE’s MetaFi raises $3 million
UAE-based metaverse startup MetaFi, has raised $3 million from DoublePeak Group, Maven Capital, OKX Blockdream Ventures, …
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Wio launches ‘platform bank’ in UAE
Wio Bank has launched as the first “platform bank” in the UAE, offering apps, embedded finance and BaaS offerings in the region.
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Dubai plans to increase Salik IPO size, report says
UAE Strategic Investment Fund, Dubai Holding, Shamal Holding and The Abu Dhabi Pension Fund will be the cornerstone investors …
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Digital Bank Wio Launches in UAE
State-backed digital bank Wio announced Tuesday its official launch in the United Arab Emirates, becoming the first platform bank in the region. This step aims to transform banking operating models …
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Dubai records another high of $517 million in realty transactions on Tuesday
Villas and apartments dominated the sales with 286 villas and apartments worth AED600.16 million being sold Dubai records another high of $517 million in realty transactions on Tuesday Dubai, Dubai …
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Dubai records over $517mln in realty transactions on Tuesday
DUBAI: Dubai real estate market recorded 344 sales transactions worth AED1.77 billion, in addition to 67 mortgage deals of AED115.99 million, and 48 gift deals amounting to AED63.51 million on Tuesday …
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