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Elevating customer loyalty in the UAE: Strategies for Banks
In a fast-evolving technological landscape, where accessibility is becoming more seamless, and an increase of digital tools is enabling companies to serve better their customers – a new wave of …
Emirates IPO: ‘That is the government’s decision,’ says Sheikh Ahmed
I don’t think Emirates and flydubai will not give me a chance to think about any other airline,” Sheikh Ahmed said …
Dubai Airshow 2023: First Class to stay crucial for Emirates, says Sheikh Ahmed
Commenting on when and if the Emirates Group would consider an initial public offering (IPO), Sheikh Ahmed said, “I think it is a good thing to see there would be ten companies in Dubai that would IPO …
Dubai real estate sector records $735mn worth of property deals on Monday
According to data from the Dubai Land Department, the transactions included 430 sales, with land sales reaching AED1.31 billion and apartment and villa sales totaling AED930.64 million …
‘Largest margin erosion in banking history’: Comyn stands firm in mortgage war
CBA boss Matt Comyn is standing his ground in the mortgage wars, even as analysts tip the bank will need to blink on pricing amid its declining share of the mortgage market.
Long-haul carrier Emirates announces $52 billion aircraft buy from Boeing as Dubai Air Show opens
Long-haul carrier Emirates opened the Dubai Air Show on Monday with a $52 billion purchase of Boeing Co. aircraft, showing how aviation has bounced …
Dubai Taxi Company to offer 24.99% stake in IPO
Dubai Taxi Company (DTC) will offer 624.75 million shares, or 24.99% of its capital, in an IPO as the Dubai government announced its intention to float its transport unit …
Mastercard partners with Dubai Bank on cross-border payments
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Dubai to offer 25% of taxi operator in IPO, testing market appetite
which are expected to list on the Dubai Financial Market in December. The subscription period for the IPO will run from Nov. 21 to Nov. 28 for retail investors in the United Arab Emirates, and Nov. 29 …
National Bank Of Fujairah Takes Home Three Awards At MEA Finance Industry Awards 2023 In Dubai
NBF recognised for regional excellence, service, and leadership in corporate banking sector. National Bank of Fujairah (NBF) has once agai …
Boeing Shares Take off on Report That China May Lift 737 Freeze, Bumper Dubai Orders
Shares of Boeing rose on Monday after a report said China was considering ending its freeze on purchases of the planemaker’s best-selling 737 MAX aircraft after more than four years. This, coupled …
Dubai Taxi Company set for big IPO, plans DFM listing
and to list its ordinary shares for trading on the Dubai Financial Market (DFM). Under this, a total of 624.7 million shares (each with a nominal value of AED 0.04) will be made available in the …
Nasdaq Dubai celebrates listing of $1.5 billion Green Sukuk by DP World
Nasdaq Dubai has welcomed the listing of a US$1.5 billion Green Sukuk by DP World, a leading provider of global end-to-end supply chain solutions. The dually listed Sukuk issuance proceeds will be …
UAE sustainable finance working group launches the ‘Principles for the effective management of climate-related financial risks’
The Principles were developed by the UAE Sustainable Finance Working Group (SFWG) and are a declaration of common understanding among the group members on the minimum standards for the management of …
Dubai Islamic Bank advocates for climate action at COP28 as an Associate Pathway partner
Dubai Islamic Bank (DIB) will participate in COP28 with a greenled strategy, emphasizing its pledge to sustainability and climate action …
UPDATE 1-Dubai to offer 25% of taxi operator in IPO, testing market appetite
DUBAI, Nov 13 (Reuters) – Dubai plans to offer 25% of shares in its taxi business through an initial public offering (IPO), the company said in a statement on Monday, the latest public share sale as part of a broader privatisation programme of state assets.