Tag: ipo

US hedge fund firm Citadel, which oversees $67 billion in assets, has received the greenlight to start its operations in Dubai, according to a Bloomberg report. With the regulatory approval, the …

New initiatives aim to safeguard the financial system by improving detection of illicit flows and strengthening national coordination against financial crime risks …

The United Arab Emirates will exit OPEC and OPEC+ starting May 1, according to state-run WAM news agency. The UAE Energy Minister told Reuters the decision came after a careful review of strategies …

The United Arab Emirates, one of the world’s major oil producers, will leave the Organization of Petroleum Exporting Countries (OPEC/OPEC+) effective May 1, state news agency WAM said Tuesday morning.

The top 10 also saw movement in the banking sector, with Mashreq entering the top tier for the first time since 2020, reflecting accelerated digital transformation and growth in financial services …

Dubai Investments is likely to use part of the proceeds and liquidity generated from Dubai Investments Park’s (DIP) possible initial public offering on the emirate’s bourse to increase dividend …

Despite the swap request, UAE officials emphasise the nation’s financial strength and extensive sovereign wealth fund assets © Chris Ratcliffe/Bloomberg The United Arab Emirates’ swap line request to …

Amber International Holding Limited (Nasdaq: AMBR), operating under the brand name ‘Amber Premium,’ the private banking-grade digital wealth management platform of Amber Group serving high-net-worth …

In a statement, the company said it is considering an initial public offering of 24 per cent of Dubai Investments Park …

UAE ranks first globally for entrepreneurship for fifth year, leading in startup environment, funding access and innovation, 2026 report shows …

The new location forms part of the bank’s broader strategy to combine digital-first banking with targeted physical access points in high-growth economic centres …

UAE’s move to demand its money from Pakistan signals a growing frustration due to Islamabad’s deepening ties with Riyadh and “meek” response to the Iranian attacks on Gulf countries during the ongoing …

Ninety-one per cent are confident in the long-term performance of UAE-based companies, unchanged from August 2025, while 90% expressed confidence in the UAE economy, slightly down from 92% previously …

Strategic alliance offers end-to-end compliance, cybersecurity assurance and finance automation ahead of the UAE Ministry of Finance’s 2026 e-invoicing mandate …

The credit portfolio grew by 17.9% and deposits increased by 16.2%, while maintaining high levels of capital adequacy and liquidity ratios exceeding regulatory requirements and international standards …

Dubai-based fintech Comfi, a B2B embedded finance platform, has bagged US$65 million in a pre-Series A funding round comprising both equity and debt, which will see it scale its operations and expand …

Sheikh Maktoum highlights fiscal efficiency, AED 27bn sukuk, AED 11.2bn bonds, and strong global investor demand with USD 10bn international issuances …