The decree is effective from the date of issuance and will be published in the official gazette. Salem Al Owais brings extensive expertise in leading …
UAE’s significant progress in media identity indicators showcases its growing global influence: Abdulla Al Hamed
Abdulla bin Mohammed bin Butti Al Hamed, Chairman of the National Media Office and Chairman of the UAE Media Council, affirmed that the UAE’s progress in the Nation Brand Performance Index, as …
Best New Banknote of 2025 Title Goes to UAE’s AED 500
The Central Bank of the United Arab Emirates (CBUAE) has made history by winning the Best New Banknote Issue for 2025 award in the Europe, Middle East, and Africa (EMEA) region. This prestigious …
UBF organises 4th edition of Cyber Wargaming under the supervision of Central Bank of the UAE and Cyber Security Council
This initiative is part of ongoing efforts to develop the banking sector, protect its digital infrastructure, and provide a seamless and secure banking experience for all customers …
UAE IPO: Alpha Data announces offer price range
The completion of the offering and the listing of Alpha Data shares on ADX is subject to market conditions and obtaining all necessary regulatory approvals …
DIFC unveils flagship future of finance report series
Dubai International Financial Centre (DIFC) in collaboration with its research partner Asia House, reveals the key drivers behind the deep and broad transformation of the global financial services …
UAE banks led by FAB finance $232mln to energy trader BGN
The Abu Dhabi Exports Office (ADEX) and a group of UAE lenders led by First Abu Dhabi Bank (FAB) have more than doubled a financing arrangement for global energy trader BGN. The oversubscribed …
UAE: DTC delivers robust FY 2024 EBITDA growth of 19% YoY to $159.1mln
Dubai Taxi Company PJSC, a leading provider of comprehensive mobility solutions in Dubai, today announced its financial results for the year ended 31st December 2024.
Saudi healthcare group SMC Hospitals hires banks for IPO, sources say
Saudi Arabian healthcare group SMC Hospitals has hired banks for a potential initial public offering (IPO) on the local bourse this year, three sources with knowledge of the matter told Reuters.
Alpha Data aims to raise $163m from Abu Dhabi IPO amid strong interest
UAE technology company Alpha Data aims to raise up to Dh600 million ($163.4 million) through its initial public offering on the Abu Dhabi Securities Exchange, in a sign of strong demand for listings.
DIFC unveils flagship Future of Finance report series, publishes first report on the global finance and investment outlook
First report in six-part Future of Finance series highlights emerging trends, shifting capital flows and high-growth opportunities in the global financial landscape …
Dubai International Financial Center marks 20 years, strengthens ties with China
Dubai International Financial Center (DIFC), located in the United Arab Emirates (UAE), has strengthened its position as the leading financial hub in the Middle East, Africa and South Asia region …
UAE: Alpha Data IPO opens for subscription, announces offer price range
Alpha Data on Thursday announced an offer price range of Dh1.45-Dh1.5 per share as its initial public offering (IPO) opened for subscription. This implies its market capitalisation of Dh1.45- Dh1.50 …
UAE’s Alpha Data Plans to Raise up to $163 Million in IPO
(Reuters) – UAE technology services firm Alpha Data said on Thursday it plans to raise up to $163 million in its initial public offering.
UAE banks led by FAB finance $232mln facility to energy trader BGN
The Abu Dhabi Exports Office (ADEX) and a group of UAE lenders led by First Abu Dhabi Bank (FAB) have more than doubled a financing arrangement for global energy trader BGN. The oversubscribed …
Central Bank imposes Dhs3.5 million financial sanction on money exchange house in UAE
The Central Bank of the UAE (CBUAE) imposed financial sanction on an exchange house operating in the UAE, pursuant to Article 14 of the Federal Decree Law …
UAE Central Bank imposes Dhs3.5 million financial sanction on money exchange house in UAE
The Central Bank of the UAE (CBUAE) imposed financial sanction on an exchange house operating in the UAE, pursuant to Article 14 of the Federal Decree Law …