Nasdaq Dubai today announced the listing of 2 bonds by the Ministry of Finance of the People’s Republic of China. One is a three-year US$1.25 billion …
Dubai contractor Drake & Scull appoints new chief executive amid expansion plans
Dubai-based contractor Drake & Scull International has appointed Muin Al Saleh as its new chief executive, as the company looks to expand operations following a debt restructuring deal with creditors …
UAE leads Middle Eastern banking sector with $1.1trln assets
With a compound annual growth rate of 8.70% over the past two years, the UAE’s digital banking sector has accelerated, with continued growth projected at a CAGR of 4.80% from 2024 to 2029 …
Talabat’s $1.5 Billion IPO Sells Out Soon After Books Open
Delivery Hero SE’s Middle East unit had demand for all shares in its $1.5 billion Dubai initial public offering minutes after subscriptions opened, in the latest sign of robust demand for regional …
Dubai real estate’s Incredible October shattered records with more transactions, mortgages and off-plan boost; 30% uplift expected by year-end
October sales, which passed 20,000 for the first time in history, beat September’s by 13 per cent, while mortgage transactions rose 3.2 per cent month-on-month to their highest levels yet, according …
Most Gulf bourses fall; Dubai hits 10-year high
Most stock markets in the Gulf were subdued on Wednesday as investors turned cautious amid simmering geopolitical tensions, although Dubai index hit an over 10-year high on finance and real estate …
Dubai property transactions to grow 30% by end of 2024 amid record-breaking sales, prices
A total of 20,460 sales transactions were recorded last month, an increase of 13 per cent compared to September …
Dubai-Based Family Offices Manage Over $1 Trillion in Assets
Dubai’s financial hub is now home to family offices that control over $1 trillion in assets, driven by the influx of high-net worth individuals over the past few years.Most Read from BloombergParis to …
Dubai-Based Family Offices Now Manage Over $1 Trillion in Assets
Dubai’s financial hub is now home to family offices that control over $1 trillion in assets, driven by the influx of high-net worth individuals over the past few years.
UAE introduces new tax relief measures
DUBAI: The United Arab Emirates (UAE) introduced new administrative and tax relief measures for local businesses in, foreign partnerships and family …
UAE leads the way for digital innovation in Middle East’s $3.2bn banking sector
The UAE is setting the standard for Middle Eastern banking innovation, commanding the largest share of the region’s $3.2tn in banking assets and driving rapid digital growth that places the country at …
UAE leads digital banking in Middle East
The UAE is setting the standard for Middle Eastern banking innovation, commanding the largest share of the region’s $3.2 trillion in banking assets and driving rapid digital growth that places the …
Dubai Chambers welcome over 51,550 new companies as exports top $61bn
Dubai Chamber of Commerce has achieved significant milestones as emirate enhances reputation as a business hub …
Delivery Hero aims to raise $1.5bn in Talabat’s Dubai IPO, sets price range
German food delivery service Delivery Hero said the initial public offering (IPO) of its Middle East business Talabat is expected to raise around 1.42 billion euros ($1.4 billion to $1.5 billion) in …
Delivery Hero aims to raise up to $1.5 billion from Talabat’s Dubai IPO
Delivery Hero’s Middle Eastern food delivery service, Talabat, aims to raise as much as $1.52 billion through its Dubai Financial Market initial public offering, which sold out within minutes of …
Delivery Hero Seeks Up to $1.5 Billion From Talabat’s Dubai IPO
Delivery Hero SE is seeking to raise as much as $1.5 billion from the initial public offering of its Middle Eastern unit in a deal that will rank as one of the region’s biggest of the year. Most Read …
Delivery Hero Aims to Raise Around $1.5 Billion in Talabat IPO
The online delivery company set the share price at about $0.41 to $0.44, for the IPO of 15% of Talabat’s issued share capital.