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Tag: finance

Posted on 15/03/2022

Dubai’s DEWA floats 6.5 percent stake in IPO, totalling 3.25bn shares, marking a “turning point” in Dubai’s capital market

DEWA intends to pay dividends twice each fiscal year – in April and October of each year – after the offering. It expects to pay a minimum dividend amount of AED 6.2 billion per annum, over the next …
( read original story …)


Posted on 15/03/2022

UAE leads Mena region on Global Soft Power Index, among top 15 worldwide

The UAE retains its position as the top position in the Middle East and North Africa on the Global Soft Power Index and also improving its ranking by two positions to the rated among the top 15 …
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Posted on 15/03/2022

UAE: Gold prices fall for a third day, hit their lowest in nearly two weeks, ahead of potential US rate hike

US central bank’s decision to hike rates on Wednesday to possibly weaken gold prices. UAE: Gold falls 1 per cent, drops for a third day ahead of potential US rate hike. Image Credit: Pixabay Gold …
( read original story …)


Posted on 15/03/2022

UAE Banks Federation calls upon SMEs in UAE to unlock their potential

With SMEs having such a sizeable impact on the national economy, UBF has vowed to support them through business-friendly initiatives that build on innovation, digitalisation, financial planning, …
( read original story …)


Posted on 15/03/2022

DEWA plans to list 6.5 pct stake in what could be Dubai’s biggest IPO

State-owned Dubai Electricity & Water Authority (DEWA) plans to sell a 6.5 percent stake in what could be the city’s biggest initial public offering.For …
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Posted on 15/03/2022

Dubai gets set for IPO boom with utility giant DEWA to offer 3.25b shares

DEWA will pay a ‘minimum’ of Dh6.2b a year as dividend – for next 5 years Dubai: The Dubai Electricity & Water Authority (DEWA) will offload a 6.5 per cent stake – totalling 3.25 billion shares – as …
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Posted on 15/03/2022

Dewa to list 6.5% of shares on Dubai Financial Market

The Dubai Electricity and Water Authority will list 6.5 per cent of its shares o Financial Market, as part of the emirate’s plan to double the size of its capital marke …
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Posted on 15/03/2022

UAE goes higher in global ‘soft power’ rankings as its COVID-19 handling delivers big

US is back at the top in Brand Finance’s latest rankings Dubai: The UAE’s response to the COVID-19 crisis – both internally and to external audience – has lifted the country’s ‘soft power’ status to …
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Posted on 15/03/2022

What Is Biggest Bank In Uae?

Are There Any Banks In U.K. That Are The Top Bank In Uae?? A look at the first Abu Dhabi bank by the number one Abu Dhabi Bank. second: UAE Bank NBD. The Abu Dhabi Commercial Bank …
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Posted on 15/03/2022

UAE-India Forum to explore investment opportunities

The UAE-India Investment Forum, which is hosted by Khaleej Times at Conrad Hotel in Dubai today, aims to herald a new beginning in the flourishing economic ties between the two countries.The UAE …
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Posted on 15/03/2022

Crypto Exchange FTX Wins License, Plans Regional HQ in Dubai

FTX, a major cryptocurrency exchange, said it received a virtual-asset license in Dubai and will set up a regional headquarters in the city. Most Read from BloombergElon Musk Challenges Vladimir Putin …
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Posted on 15/03/2022

Retail Summit 2022 in Dubai: Sheikh Maktoum bin Mohammed attends conference

Sheikh Maktoum attended a session titled ‘Go Agile or Go Home’, which highlighted the impact of the digital transformation in the retail industry and the increasingly sophisticate …
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Posted on 15/03/2022

Dubai: Sheikh Maktoum meets Snapchat co-founder, CEO Evan Spiegel

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, met with Evan Spiegel, co-founder and CEO of Snapchat, the popular US-based …
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Posted on 14/03/2022

UAE Construction Equipment Market Report 2022: Strategic Assessment & Forecasts to 2028 – ResearchAndMarkets.com

The “UAE Construction Equipment Market – Strategic Assessment & Forecast 2022-2028” report has been added to ResearchAndMarkets.com’s offering.
( read original story …)


Posted on 14/03/2022

UAE’s ecommerce sales are all set to click their way to $8b by ‘25

Whether buying new, pre-owned or on BNPY, UAE’s ecommerce covers all shopper preferences Dubai: So, how much will you be spending online this year? By the looks of it, more UAE shoppers are getting …
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Posted on 14/03/2022

UAE’s Kamel Pay raises $1 million pre-Seed round

UAE-based fintech Kamel Pay, has raised $1 million in a pre-Seed round, led by Hussain Al Qemzi, former group CEO of Noor Bank …
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Posted on 14/03/2022

Can Anyone Open A Bank Account In Uae?

Can Visitors Open A Bank Account In Uae? Visitors can only open savings bank accounts if they are members of the Savings and Savings Trust Association. For entry into the UAE, you …
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