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Tag: finance

Posted on 22/10/2022

Bayanat AI: Professional Investor IPO Tranche Oversubscribed by 41%

Bayanat AI PLC, an AI-powered geospatial intelligence businesses, announced on Friday start of the subscription period for its Initial Public Offering (IPO) on the First Market of the Abu Dhabi …
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Posted on 22/10/2022

Tradewind Finance bridges funding gap for SMEs in the MENA region

Peter Maerevoet, who is based in Dubai, is the global chief financial officer (CFO) and the regional chief executive officer (CEO) for Asia at Tradewind Finance — an international factoring and supply …
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Posted on 22/10/2022

UAE: Arada successfully closes $100mln tap of sukuk issuance

Arada’s existing five-year fixed rate RegS debut sukuk issuance was rated BB- by Fitch and B1 by Moody’s SHARJAH – Arada has successfully closed a US$100 million tap of its existing US$350 million …
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Posted on 22/10/2022

Dubai real estate: AED8bn of deals in a week

More than 2,700 Dubai real estate transactions seen amid continued interest in property in the UAE Dubai real estate: AED8bn of deals in a week Dubai property market, Dubai real estate Real Estate …
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Posted on 22/10/2022

UAE payment revenues to hit $18.7bn by 2031

Credit cards and debit cards contribute to UAE payment revenues growth UAE payment revenues to hit $18.7bn by 2031 News …
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Posted on 21/10/2022

Star Tech: Tradewind Finance bridges funding gap for SMEs in the MENA region

Tradewind Finance, which set up its base in Dubai in May 2015, is concentrating on developing customised finance solutions for small and medium enterprises..
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Posted on 21/10/2022

DWF-labs.com Makes Strategic Investment in Precog.Finance $3.5 Million Private Round Raise

Global Web3 venture capital and one of the largest market makers, DWF Labs has announced a strategic investment in the recent private funding round held by Precog.Finance …
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Posted on 21/10/2022

Bayanat sets IPO price at Dh1.1 per share, subscription to end on Oct 25

Bayanat AI on Friday announced the start of the subscription period for Initial Public Offering (IPO) on the First Market of the Abu Dhabi Securities Excha..
( read original story …)


Posted on 21/10/2022

Retail Investor Capital Presents AED 367 Billion Growth Opportunity For Sustainable Investing in UAE

Investors in the UAE have the potential to channel billions towards the climate transition Standard Chartered announced today the launch of its Sustainable Banking Report 2022 titled ‘Mobilising …
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Posted on 21/10/2022

Abu Dhabi-based Bayanat seeks to raise $171mln via IPO

Abu Dhabi-based Bayanat said it’s the professional investors’ tranche of its initial public offering (IPO) is oversubscribed as it seeks to raise AED 628 million ($171 million). Bayanat is a …
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Posted on 21/10/2022

Emaar to allow 100% foreign ownership in Dubai shake-up

Emaar, known for building the Burj Khalifa, has changed its rules so foreign shareholders could own every single share in the company.
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Posted on 21/10/2022

Dubai Islamic Bank Publishes Its Sustainable Finance Framework

Dubai Islamic Bank PJSC (“DIB”) has today announced the publication of its Sustainable Finance Framework (“Framework”) which was created to facilitate t …
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Posted on 21/10/2022

UAE firms face AED6k a month fines for not hiring Emiratis

Companies with over 50 employees must ensure 2 percent of their employees are Emirati before 2023 UAE firms face AED6k a month fines for not hiring Emiratis Emiratisation, Ministry of Human Resources …
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Posted on 21/10/2022

UAE seeks to attract tech firms with special visas

DUBAI: The United Arab Emirates (UAE) is trying to lure advanced technology companies away from hubs in Asia and Europe by fast-tracking business licences and offering long-term residency for …
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Posted on 20/10/2022

Henley & Partners’ Head of the Middle East Reports on why the UAE is so Attractive for Private Wealth Clients and Advisors

Philippe Amarante is Head of Henley & Partners Middle East. At the Hubbis Wealth Solutions Forum in Dubai on September 20 he offered delegates a presentation on why the UAE is pulling in more private …
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Posted on 20/10/2022

UAE Banks Federation organises Cyber Wargame

The UAE Banks Federation, the unified representative of UAE banks, organised the Cyber Wargame event on 6th October 2022, as part of its ongoing efforts to enhance cyber security and follow best …
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Posted on 20/10/2022

Dubai records over AED1.4 billion in realty transactions on Thursday

The sales included 401 villas and apartments worth AED886.89 million Dubai – Dubai real estate market recorded 446 sales transactions worth AED1.13 billion, in addition to 81 mortgage deals of AED162.
( read original story …)


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