The Dubai Financial Market General Index’s year to date gains are the highest among its GCC peers, data showed on …
Delivery Hero Plans Talabat IPO on DFM in Q4 2024
Delivery Hero SE is planning to list its Talabat business on the Dubai Financial Market in the fourth quarter (Q4) of 2024. The IPO will involve a secondary sale of shares, with Delivery Hero …
NMDC Group’s IPO of NMDC Energy 7x oversubscribed within Day 2
Strong investor interest is continuing at pace despite day 2 falling at the weekend. The subscription period will close on Wednesday, 4 September 2024. NMDC Energy intends to list its shares on the …
Dubai: How buyer can recover funds over delayed property handover
The relationship between the purchaser and seller is governed by the terms and conditions outlined in the Sale Purchase Agreement …
UAE participates in ninth annual meeting of the New Development Bank Board of Governors
HE Mohamed bin Hadi Al Hussaini emphasises the New Development Bank’s (NDB) role in promoting sustainable development and infrastructure projects across member countries …
Interest rate cuts set to increase affordability of UAE’s small to mid-segment homes
Coming interest rate cuts by the US Federal Reserve and, subsequently, the UAE Central Bank are expected to make mortgages more affordable for end users. The Fed has held its benchmark rate steady …
Milliondots Changing The Way Working Professionals Earn In UAE
The financial markets in the UAE have caught the interest of many. However, with this interest comes the rise of frauds promising easy money. These schemes have caused many people to lose their money.
UAE announces telemarketing laws: $40,800 fines for cold call rulebreakers, what time can you be contacted, block advertisers
Dr Maryam Butti Al Suwaidi, CEO of the Securities and Commodities Authority (SCA), highlighted that Cabinet Resolution No. 56 of 2024 regulating telemarketing in the country reflects the UAE …
Talabat IPO: Parent of UAE food delivery firm preparing for Dubai listing
Delivery Hero, the Germany-based food delivery platform, is preparing to list share of its UAE subsidiary Talabat on the Dubai bourse, as it looks to capitalise on the continued economic momentum and …
NMDC Group plans to raise $877m from energy unit IPO
The construction and dredging services firm is offering 1.15 billion shares, and the subscription period opens on August 30 and closes on September 4 …
Delivery Hero shares pop 10% as European food delivery giant plans IPO of Middle East unit
Delivery Hero CEO Niklas Ostberg said the IPO of its Middle East business was about bringing in local investors in the region to co-invest and support the unit.
UAE: NMDC Energy IPO oversubscribed within hours on day 1
NMDC Group on Friday announced that the Initial Public Offering for 1.15 billion shares in its wholly owned subsidiary, NMDC Energy, has been oversubscribe..
Dubai: Food delivery firm Talabat to list for IPO in Q4
The execution of the IPO will be subject to market conditions and the approval of a securities prospectus by the UAE’s Securities and Commodities Authority …
Dubai Financial Services Authority approves 61 new firms in H1
DFSA’s efforts have also bolstered the growth of the capital markets within the DIFC, which remains the world’s largest market for ESG sukuk …
UAE’s MoF issues Dhs1.1bn Islamic treasury sukuk for Aug
The Islamic T-Sukuk issuance programme aims to build a UAE-dirham denominated yield curve and boost the local debt capital market …
UAE-based NMC Healthcare considering IPO or sale of business
“UAE-based NMC Healthcare considering IPO or sale of business” was originally created and published by Hospital Management, a GlobalData owned brand. The information on this site has been included …
Important Considerations Before Buying Property in Dubai
Do you need help purchasing a property in Dubai? As one of the world’s most rapidly developing real estate markets, Dubai provides numerous opportunities for clients and investors. However, buying a …