Shareholders on Monday approved the conversion of Taaleem from a private joint stock company into a public entity through the IPO, and will also see a book-building process. Dubai school operator …
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Dubai school operator Taaleem to forge ahead with IPO
Taaleem revealed shareholders had voted in favour of conversion from private joint stock company Dubai school operator Taaleem will forge ahead with its IPO plans following shareholders’ approval for …
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UAE central bank launches digital portal amid effort to be ‘among top central banks globally’
Website visitors will be able to access various digital services, such as the purchase of commemorative coins, museum visit bookings, along with other interactive platforms UAE central bank launches …
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Dubai schools operator Taaleem is next up for an IPO and listing on DFM
In the ad, Taaleem confirms the transition into a ‘public joint stock company’ and the DFM listing. It informs creditors that they have the ‘right to object to the conversion process within a period …
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Empower produces hot growth numbers with its cooling business
The company, which is an IPO target for Dubai, said the number of buildings served by its district cooling system grew 13 percent from last year, and 41.3 percent in the past five years Empower …
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UAE’s Central Bank launches new corporate website with interactive digital services
The website provides the latest financial and monetary news, research and statistics on the UAE and CBUAE regulations..
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UAE’s Burjeel working on Saudi investment plans, explore possible opportunities: Chairman
UAE-based Burjeel Holdings is mapping out the latest plans to launch projects and initiatives for investment in Saudi Arabia, CEO Shamsheer Vaya …
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UAE breaks records with $19.8bln diamond trade in H1
There are three ‘c’s that have played an important role in Dubai’s meteoric growth in the sector: community, collaboration, and climate …
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UAE breaks new records with $19.8 billion traded in H1 2022
The UAE is not only the official rough diamond capital of the world, but the largest and fastest growing hub, having increased its polished trade by 52.5% and its H1 2022 gross trade to $19.8 billion, …
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Emirates Development Bank to approve loans of up to Dhs5m to SMEs, startups within five days
The lending service, available for UAE-based SMEs operating in one of EDB’s five priority sectors, including manufacturing, healthcare and infrastructure.
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Emirates Development Bank partners with Beehive to provide digital loans
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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Emirates Development Bank to approve loans to SMEs, startups of up to Dhs5m within five days
The lending service, available for UAE-based SMEs operating in one of EDB’s five priority sectors, including manufacturing, healthcare and infrastructure.
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EDB’s new digital move fast-tracks loan approvals for UAE’s startups, SMEs
It is clear that swift access to finance is one of the biggest challenges that SMEs and startups face. Through EDB’s partnership with (peer-to-peer lending platform) Beehive, …
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Kick-start your business journey in Dubai with Radiantbiz
Dubai is a city of dreams, hustle, and vision. In 2022 H1, Dubai issued 45,653 new business licenses, an increase of 25 per cent as compared to last year. With its …
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Women investors in UAE increased nearly 20 percent since 2017: Saxo Bank
Since 2017, Saxo Bank has recorded an 18 percent increase in the share of women among its new trading clients in the UAE. “In the past five years, we have witnessed women increasingly becoming …
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Abu Dhabi’s SWFs in talks to join $500m Byju’s fundraise
Qatar fund was looking at 50% discount to $22 billion valuation; Co negotiating equity option or structured pre IPO placement investment at 20% discount to $22 bn valuation, FY21 audited results key.
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UAE debt statute of limitations
The UAE economy was suffering badly even before the pandemic according to many experts. This 2018 article explains how the desert country got it s …
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