Week starts with $378m of property sales in Dubai Dubai real estate: $490m of transactions on Monday Real Estate …
UPDATE 1-KFC’s Middle East and North Africa franchisee sets price range for IPO
Americana Restaurants, the Middle East and North Africa franchisee of fast-food restaurants KFC and Pizza Hut, is set to raise as much as $1.8 billion from its initial public offering after the …
Insights: How banks can unlock the finance needed to get to net zero
To achieve this, the world’s biggest financial players will play a deep enabling role in helping to finance the transition towards sustainable and low carbon growth. At First Abu Dhabi Bank (FAB), we …
326,000 pupils at private schools in Dubai
The American curriculum was the most popular for Dubai’s 32,327 Emirati students, with 60 per cent being taught it. Earlier this month, private school operator Taaleem announced its intention to …
Americana Restaurants IPO covered within hours of its launch
The company, which is valued between Dh21.06 billion to Dh22.07 billion, is looking to raise as much as Dh6.6 billion through the share sale …
Industry Development Council: ‘UAE’s new industrial regulation and development law paves way for future of industry’
UAE Cabinet approves new policy granting exclusive customs exemptions … Undersecretary of Ministry of Finance, His Excellency Omar Al Suwaidi, Undersecretary of MoIAT, His Excellency Major General …
Zomato food delivery services in UAE to end: What happens to customers’ credit/debit card details?
With Zomato renewing its focus on restaurant discovery and dining out, it won’t be possible for residents to order food in the UAE through the app. Starting November 24, customers will be redirected …
Another hedge fund to open office in Dubai early next year
Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.
UAE visa services: ICP stops accepting payment via eDirham
More UAE federal entities have announced the discontinuation of the eDirham system and alternative payment methods for their …
IPO boom to continue, Abu Dhabi to host 11 deals next year
The launch of a 5 billion-dirham ($1.36 billion) fund to boost public listings has helped, Abu Dhabi’s Department of Economic Development chairman Mohamed Ali Al Shorafa said IPO boom to continue, Abu …
UAE: Man refuses to return Dh2.5 million deposited into bank account by mistake
The plaintiff submitted the criminal court rulings, the defendant’s bank statement, and an advisory experience report to support his claims …
UAE: MoHRE completes replacement of e-Dirham with approved payment methods
The Ministry clarified that customers could redeem the remaining balance in their e-Dirhams through the banks that issued the cards …
Americana Restaurants sets IPO price range at SAR 2.55-2.68/share
Americana Restaurants International announced the price range for its potential initial public offering (IPO) in Saudi Arabia and the United …
UAE: Man ordered to return Dh2.5 million deposited into bank account by mistake
The plaintiff submitted the criminal court rulings, the defendant’s bank statement, and an advisory experience report to support his claims …
Razorpay eyes IPO in two to three years; hacking-as-a-service on the rise
Razorpay, which is valued at $7.5 billion, has already surpassed its annual gross transaction value (GTV) target of $90 billion for this year, hitting the $100-billion mark.
Mohammed Bin Rashid Chairs Cabinet Meeting And Approves The Convening Of The UAE Government Annual Meetings
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, chaired the UAE Cabinet meeting at Qasr Al Watan Abu Dhabi, in the presence of H.H. Sheikh …
Cabinet approves convening of the UAE Government Annual Meetings
The goal is to review performance during the previous year, and agree on our most important development projects at the national level for the next year.