OQ Exploration and Production — Oman’s largest pure play oil and gas exploration company — announced that its IPO was oversubscribed across its full price range on Monday. The IPO is now set to be the …
Wynn Resorts sets high financial targets for its UAE property under development
Wynn Resorts (WYNN) announces plans for new luxury resort in UAE, expecting revenue of $1.38-$1.88 billion and strong return on invested capital.
Report highlights UAE banks’ opportunity to enhance customer experience
The volume of online conversations about UAE banks increased 10.7 per cent from 98,045 in 2022 to 108,488 in 2023, a report showed on Monday. According to the latest UAE Banking Sentiment Index, …
PwC’s latest report highlights UAE banks’ opportunity to enhance customer experience amidst growing online conversations
Dubai, United Arab Emirates: The latest UAE Banking Sentiment Index, published by PwC Middle East in collaboration with DataEQ, reveals a notable decline in consumer sentiment towards UAE banks …
Emirates Islamic continues to advance nationalization efforts, concludes successful participation at Ru’ya Careers UAE 2024
Emirates Islamic (DFM: EIB), part of Emirates NBD Group, is a leading Islamic financial institution in the UAE. Established in 2004 as Emirates Islamic Bank, the bank has established itself as a major …
ADNH Catering IPO Eyes $235 Million from ADX Listing
Catering, a prominent subsidiary of ADNH, is gearing up for a public offering that could raise up to $235 million on the Abu Dhabi Securities Exchange (ADX). This IPO marks a significant moment for …
UAE resilience, innovation to drive long-term investor support despite regional headwinds: Experts
Webster said the resilience and growing emphasis on innovation in the UAE are likely to continue driving long-term investor interest, despite temporary headwinds. In the short-term, however, investors …
Bates banking on familiarity and ‘great mind space’ in trans-Tasman clash
She does not feel that NZ losing 3-0 to Australia in the lead-up to the tournament should have any effect when these two sides meet on Tuesday …
Abu Dhabi IPO: $558m ADNH Catering announces 40% share sale on ADX
Abu Dhabi National Hotels Company will make available in the offering a part of its shareholding in ADNH Catering comprised of 900,000,000 shares with a nominal value of AED0.10 each, representing 40 …
Abu Dhabi IPO: $558m ADNH Catering announces 40% share sale on ADX
Abu Dhabi National Hotels Company will make available in the offering a part of its shareholding in ADNH Catering comprised of 900,000,000 shares with a nominal value of AED0.10 each, representing 40 …
Abu Dhabi’s ADNH Catering sets IPO price range, seeks to raise Dhs864m
The indicative share price of Dhs0.91 and Dhs0.96 per share implies a market valuation of around $588m at the top of the range …
Emirates Development Bank organizes the fifth edition of its Flagship EDB Connect Forum in Dubai
This Edition of EDB Connect Forum is hosted under the theme “Beyond the Horizon: Unlocking Dubai’s Sustainable Future Through Unconventional Collaborations” Attendees explored the vast possibilities …
Invest India Office in Dubai to Attract UAE Investments
India to open Invest India office in Dubai to attract UAE investments, announced by Piyush Goyal. The move aims to strengthen economic ties and boost trade between the two nations.
UAE exempts VAT for some crypto activities; here’s what you need to know
The exemption applies as long as these services are not provided for a fee, discount, commission, or similar compensation …
UAE exempts VAT for some crypto activities; here’s what you need to know
The exemption applies as long as these services are not provided for a fee, discount, commission, or similar compensation …
India reduces local remedies exhaustion period to 3 years for UAE investors
India has cut down by two years the local remedies exhaustion period for UAE investors from five years under the Bilateral Investment Treaty (BIT), which came into effect between the two countries in …
India, UAE investment promotion, protection treaty comes into effect from August 31: Finance ministry
Enforcement of India-UAE BIT provides investment protection, dispute settlement, and boosts bilateral investments and economies.