Dubai-based robotics manufacturer Micropolis Holding has raised $15.5 million in proceeds from its initial public offering (IPO) on the New York Stock Exchange (NYSE) American. The company, which …
BlackRock-backed Positive Zero is considering an IPO, says chief
Positive Zero, a Dubai-based decarbonisation company backed by US private equity firm BlackRock, is building the scale of its business as it considers an initial public offering (IPO) and plans to …
UAE Foreign Minister Abdullah bin Zayed, French Minister of Economy, Finance and Industry explore joint cooperation
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, met in Paris with Eric Lombard, Minister of the Economy, Finance and Industry of France. The meeting …
Dubai retains top ranking for greenfield FDI projects, attracts $14.24bn in 2024
In 2024, Dubai attracted AED52.3 billion ($14.24 billion) in estimated FDI capital, a 33.2 percent increase from AED39.26 billion ($10.69 billion) in 2023, marking the highest FDI value ever recorded …
UAE: Fathers’ Endowment raises Dh3.3 billion with support from over 160,000 contributors
The initiative also seeks to establish a sustainable endowment fund dedicated to providing healthcare and treatment for those in need. Stay up to date with the latest news …
EFG Hermes completes advisory on $163 Million IPO of Alpha Data
Alpha Data offered a total of 40 per cent of its total issued share capital through the sale of 400 million existing ordinary shares at Dh1.5 per share, implying a market cap of Dh1.5 billion …
Alpha Data listing brightens up gloomy ADX
Shares in Abu Dhabi’s Alpha Data surged on the company’s bourse debut, outperforming a subdued main market index. The first-day performance of the IT services provider contrasts with the struggles of …
Seven Things For Entrepreneurs To Explore When Moving To Dubai
I’ve experienced firsthand Dubai’s tax-friendly policies, which I credit with helping my company scale operations and retain more earnings.
FinTech LIVE Dubai 2025 – The FinTech Strategies Panel
A must-attend event for fintech pioneers, financial innovators and global industry leaders, FinTech LIVE Dubai will take place on 6 May 2025. Held virtually, the event will showcase emerging trends …
Access to funding remains a challenge for UAE businesswomen
Access to funding remains a critical challenge for UAE women entrepreneurs as they navigate financial constraints and investment priorities, data showed on Tuesday. According to Visa’s Women SMB …
UAE issues limited edition silver coin to mark centenary of Emirati poet Sultan Bin Ali Al Owais
The coins will only be available for purchase at the Sultan Bin Ali Al Owais Cultural Foundation headquarters Stay up to date with the latest news. Follow KT on WhatsApp Channels.
Deutsche Bank boosts Middle East, Africa employee benefits
Deutsche Bank has raised the parental leave entitlement in its Middle East and Africa regional offices in a bid to offer attractive benefits to employees in an increasingly competitive environment.
UAE set for up to eight IPOs this year, raising about $10bn, Emirates NBD Capital CEO says
Stock markets in the UAE are expected to receive between six to eight initial public offering (IPO) this year, with companies raising up to $10 billion in proceeds amid strong investor appetite for …
Franklin Templeton investment solutions expands team with new Solutions Portfolio Manager role in UAE
Dubai, UAE – Franklin Templeton1 is pleased to announce the appointment of Gaurav Sharma as Solutions Portfolio Manager, CEEMEA for Franklin Templeton Investment Solutions (FTIS). Based in Dubai, …
Russia-Ukraine ceasefire would have limited impact on UAE banks, S&P says
UAE banks to maintain strong asset quality with central bank rule changes boosting loan coverage ratios, already near 100% …
UAE’s Aldar Investment’s $500mln green sukuk has books over $2bln
Abu Dhabi-based Aldar Investment Properties, which is marketing $500 million 10-year senior green sukuk, has books at over $2 billion, excluding joint lead manager (JLM) interest. Initial price …
ADNOC Mulls International Listing of Its New $80-Billion Energy Firm
ADNOC is considering an initial public offering (IPO) of its newly-created energy investment firm, XRG, on a stock market outside the UAE, potentially becoming one of the world’s largest IPOs.