Tag: finance

The Abu Dhabi-based Fertiglobe raised $795 million in its initial public offering (IPO) on the back of strong investor demand for the third largest offering on the Abu Dhabi Securities Exchange. At …
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Abu Dhabi’s state energy company and OCI NV has raised $795 million by listing their Middle Eastern fertiliser venture, drawing around $17 billion of orders and attracting investors including a …
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Dubai: The Abu Dhabi Investment Authority (ADIA) said on Wednesday that a wholly owned subsidiary has entered into an agreement with GoTo Group, the largest digital ecosystem in Indonesia, for ADIA to …
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Dubai: The Abu Dhabi Investment Authority (ADIA) said on Wednesday that a wholly owned subsidiary has entered into an agreement with GoTo Group, the largest digital ecosystem in Indonesia, for ADIA to …
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Fertiglobe, a joint venture between Abu Dhabi National Oil Co and chemical producer OCI, said its initial public offering was priced at 2.55 dirhams ($0.6943) a share, raising around $795 million for …
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Emirates NBD PJSC reported a surge in earnings and said impairment charges dropped sharply even as asset quality barely improved.
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Emirates NBD reported a surge in earnings and said impairment charges dropped sharply even as asset quality barely improved. Dubai’s biggest bank said its nine-month profit rose an annual 29 per cent …
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The UAE has firmly established itself as ecosystem for Fintech startups and is leading an industry tech-driven revolut …
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Home Matters will provide an end-to-end mortgage brokerage service exclusively for JS Bank. The agreement was signed by Fahad Siddiqui, Head of Secured Lending – JS Bank and Sawan Karia, Managing …
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Saudi Cabinet on Tuesday approved raising the penalty for violating the Finance Companies Law to not more than SR2 million, the Saudi Press Agency reported. Following the amendment, the penalty is SR2 …
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TerraPay, a global payments infrastructure company, today announced the partnership with LuLu International Exchange, part of the LuLu Financial Group- a leading global financial services provider.
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The UAE handled Covid remarkably well, keeping numbers in check while unleashing a vaccination policy that’s been all-embracing. And not just that: over the course of time when a virus ran amok, the …
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Commercial Bank of Dubai (CBD) and Bahrain-based fintech Infinios Financial Services announced a strategic partnership to support the fintech ecosystem in United Arab …
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More than 150 new companies joined in5 since 2020, bringing the total number of startups supported by the incubator to 500.
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Commercial Bank of Dubai (CBD) and Bahrain-based FinTech Infinios Financial Services announced a strategic partnership to …
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The Central Bank of the UAE (CBUAE) signed an agreement with Dubai International Financial Centre (DIFC), the international financial center in the MEASA region, in order to collaborate on the …
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Dubai Internet City (DIC) expects the number of people working in the region’s leading technology hub will increase by 15,000 to 40,000 by 2025, sai …
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