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Tag: ipo

Posted on 05/06/2025

UAE SMEs remain optimistic amid economic pressures, reveals RAKBANK index

The findings of RAKBANK’s index are based on responses from over 1,200 SMEs across the UAE, surveyed between October and December 2024 …

Posted on 05/06/2025

Ripple Gains Regulatory Approval for RLUSD Stablecoin in Dubai

Ripple got two approvals that mean it can integrate RLUSD into the global payment services it’s offering in Dubai and the UAE.

Posted on 05/06/2025

UAE: Bank accounts for Eidiya? How some parents teach children value of saving

Eidiya, a cherished cultural practice in which children receive gifts often in the form of money from relatives during Eid, has long been a source of joy for little ones.

Posted on 04/06/2025

Plot of land in Dubai Islands sold for Dhs868 million

Dubai’s real estate market on Wednesday recorded the sale of a plot of land in the “Dubai Islands” area for a total value of nearly Dhs868 million. According to data from “Dubai REST,” the land spans …

Posted on 04/06/2025

Dubai’s FIVE Hotels mulls IPO in London or New York

Dubai-based party hotel operator, FIVE Holdings, is contemplating a listing in either London or New York, according to a Reuters report on Wednesday. The company, owner of the Pacha hotel and …

Posted on 04/06/2025

Dubai party hotel FIVE considers listing in London or New York

The company, which owns the Pacha hotel and nightclub, has been exploring an initial public offering in Dubai, it has said …

Posted on 04/06/2025

Most Gulf markets rise, Dubai’s main index hits over 17-year high

Most Gulf share indexes ended higher on Wednesday, tracking steady oil prices as a hit to Canadian supply from wildfires offset a hit from ongoing OPEC+ output increases.

Posted on 04/06/2025

Investing in 2025: Gulf Business panel to unpack UAE’s hottest trends

Under the theme “UAE’s hottest investment trends: what’s driving growth in 2025”, the event promises a wide-ranging conversation on the forces shaping investor appetite — from shifting global mobility …

Posted on 04/06/2025

Dubai Future District Fund reports $1.65bn boost, support for 190 startups

Dubai Future District Fund (DFDF), has unveiled a dynamic performance update for 2024 at its Annual General Meeting, highlighting more than $1.65bn in capital commitments and strategic support for …

Posted on 04/06/2025

Brazil officially removes UAE from list of jurisdictions with preferential tax regimes

Abu Dhabi: The Ministry of Finance announced that the United Arab Emirates has been officially removed from the Federative Republic of Brazil’s list of jurisdictions with preferential tax regimes, a …

Posted on 04/06/2025

CBUAE issues commemorative coins to mark Golden Jubilee of Dubai Islamic Bank

ABU DHABI, 4th June, 2025 (WAM) – The Central Bank of the UAE (CBUAE) has issued 7,000 silver commemorative coins to mark the Dubai Islamic Bank’s (DIB) Golden Jubilee and to honour its achievements …

Posted on 04/06/2025

UAE Central Bank issues 7,000 silver commemorative coins to mark Golden Jubilee of Dubai bank

The Central Bank of the UAE (CBUAE) has issued 7,000 silver commemorative coins to mark the Dubai Islamic Bank’s (DIB) Golden Jubilee and to honor …

Posted on 04/06/2025

Nasdaq Dubai welcomes Mashreq’s $500mln sukuk listing

The overall value of debt securities listed on Nasdaq Dubai now stands at over USD 140 billion, across 163 issuances. These figures reflect the depth and maturity of the UAE’s capital markets, as well …

Posted on 04/06/2025

Transamerica Life Bermuda expands global presence with a licence in Dubai International Finance Centre

Brings significant experience in large sums assured and managing complex customer scenarios to the Middle East.

Posted on 04/06/2025

Dubai is taking a leadership role in real estate tokenisation

Dubai is taking a leadership role in the Middle East in real estate tokenisation that, according to Dubai Land Department, will reach to a market value of Dh60 billion ($1 billion), while the global …

Posted on 03/06/2025

XRP price rises as RLUSD gets approved in Dubai’s financial hub

XRP is seeing renewed momentum after Ripple’s US-regulated stablecoin, RLUSD, was approved for use within Dubai’s leading financial free zone.

Posted on 03/06/2025

RLUSD Cleared for Use in Dubai as Ripple Targets Global Adoption

Ripple’s RLUSD stablecoin has received regulatory approval from Dubai’s financial regulator, the DFSA. The approval allows integration of RLUSD into financial services offered by over …

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