With the acquisition of DIFC-based international wealth and asset management company One swiss private wealth, Geneva-headquartered One swiss bank has entered the UAE market, with plans for regional …
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Dubai Electricity And Water Authority’s US$6.1 Billion Initial Public Offering Becomes The Largest Ever Listing In The Middle East Since 2019
The DEWA IPO, which has been billed as the largest ever listing in the Middle East since 2019, as well as the first-of-its-kind transaction of a public company in Dubai, was advised by the investment …
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Emirates Islamic introduces Emarati Business Account to support UAE national companies
Dubai: Emirates Islamic, one of the leading Islamic financial institutions in the UAE and the preferred bank for UAE nationals has launched an Emarati Business Account, designed specifically to cater …
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Dubai utilities giant Dewa lists in UAE’s largest IPO on record
Shares of Dubai utilities giant Dewa surged 20% on its market debut, in the UAE’s largest IPO on record. DFM Exchange CEO Hamed Ali said the listing is testament to the infrastructure and connectivity …
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Mashreq NEO ties up with Federal Bank to facilitate NR account opening for Indians in UAE
Mashreq NEO, a full-service digital bank from Mashreq Bank, announced a strategic partnership with Federal Bank, a leading financial institution in India to enable Mashreq Neo’s Indian customers open …
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After mega-IPO, DEWA’s stock is all set to trade and DFM takes first step to Dh3t market cap
Dubai: The stage is set for Dubai Financial Market to make its journey to a Dh3 trillion market capitalisation, with DEWA set to list after a hugely successful IPO. DEWA, whose re …
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Dubai-based billionaire expected today
The meeting was organised by Dubai-based Zimbabwean businessman Mr Tempter Paul Tungwarara … Also present at the meeting was Finance and Economic Development Minister Professor Mthuli Ncube and …
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Cabinet approves establishment of UAE Council for Digital Economy
The UAE Council for Digital Economy will support the directions of the country, to double the contribution of the digital economy to the UAE’s GDP in the year 2031, and enhances the implementation of …
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Dubai rises ahead of Dewa IPO listing today
to 3,587.68 points ahead of possible listing of state utility Dubai Electricity and Water Authority’s initial public offering on the exchange. The markets players have high expectations for Dewa IPO, …
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Dubai rises ahead of DEWA IPO, Egypt ends lower
Dubai’s main index surged over 1% on Monday amid high expectations for state utility Dubai Electricity and Water Authority’s (DEWA) initial public offering, while sentiment was muted in Egypt after …
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UAE real estate market is booming with home loan rates set to rise: Here’s how you can benefit
What does a rebounding market mean to an investor looking to buy real estate in the UAE ? Dubai: The property market has evidently proved to be remarkably resilient during the pandemic, but what does …
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Dubai: Will the Middle East’s New Crypto Oasis Go Global?
Located at the crossroads of Europe, Africa, and Asia, it is an ideal location for a crypto-friendly oasis in a world where harsh restrictions on decentralized finance remain the …
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UAE Port Automation Market Research Report (2022 to 2027) – Featuring DHI, Microsoft and Accenture Among Others – ResearchAndMarkets.com
The “UAE Port Automation Market Research Report: Forecast (2022-2027)” report has been added to ResearchAndMarkets.com’s offering. This study cites that the UAE Port Automation Market is expected to …
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Middle East hospital operator VPS hires banks for IPO, sources say
Middle Eastern hospital operator VPS Healthcare has hired investment banks for an Abu Dhabi initial public offering (IPO) in the second half of the year, two sources close to the matter told Reuters.
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Mashreq Neo’s Indian customers can now open NRI accounts with Federal Bank instantly
They will also be able to view the balance in their India accounts on the Neo app Dubai: Mashreq NEO and India’s Federal Bank have entered into an agreement that allows the former’s Indian customers …
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Mashreq NEO Ties Up with Federal Bank to facilitate NR Account opening for Indians in UAE, making it first of its kind
Mashreq NEO becomes first Digital bank in the UAE to allow non-resident Indian customers in UAE to open a non-resident account in India easily and instantly …
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After mega-IPO, DEWA is all set for DFM listing – how high will stock go on opening day?
DEWA had earnings of Dh6.6 billion in 2021 – with an annual dividend payout of a minimum Dh6.2 billion, that would then represent a 90 per cent plus payout,” said Sameer Lakh …
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