A single freight train journey on the network is expected to transport more than 15,000 tonnes of cargo, or approximately 270 standard containers …
UAE-Oman ‘Hafeet Rail’ project secures $1.5 billion financing
The railway will cut travel time between Abu Dhabi and Sohar to just 100 minutes, with passenger trains reaching up to a speed of 200 kmph …
UAE leads in wealth market growth as HNWI influx surges
The UAE, which is set to be the world’s leading wealth magnet for the third year in a row in 2024, is on track to become the sixth largest cross-border fi..
Alieus Hedge Fund Raises USD 5 Million in 30 Days Since Launch, Breaks Records After Dubai Event
VMPL Dubai [UAE] October 9 Alieus Hedge Fund has raised a remarkable USD 5 million within just 30 days of its launch on September 7 2024 following an exceptionally successful event in Dubai This rapid …
Alieus Hedge Fund Raises USD 5 Million in 30 Days Since Launch, Breaks Records After Dubai Event
VMPL Dubai [UAE] October 9 Alieus Hedge Fund has raised a remarkable USD 5 million within just 30 days of its launch on September 7 2024 following an exceptionally successful event in Dubai This rapid …
Alieus Hedge Fund Raises USD 5 Million in 30 Days, Sets New Record After Dubai Launch
Ashish Jain, the fund has gained global attention for its innovative approach to investment and networking.
Dubai Launches cashless strategy: Paving the way for a digital financial future that fuels innovation and investment
Hamad Obaid Al Mansoori: The ‘Dubai Cashless’ initiative is a vital extension of our vision of building a comprehensive digital life for all, solidifying Dubai’s position as a global digital capital …
GCC IPO pipeline: Robust Q4, with tech firms to take the spotlight in 2025
The kingdom’s Fourth Milling Company (MC4) is ready with its float of 162 million shares, or 30% of the capital, in an IPO on the Main Market, which opened subscription for its retail portion on 2 …
Exclusive-Cerebras likely to postpone IPO due to CFIUS review delay on G42 deal, sources say
By Echo Wang, Max A. Cherney and Krystal Hu NEW YORK (Reuters) -Cerebras Systems is likely to postpone its IPO, after facing delays with a U.S. national security review on UAE-based tech conglomerate …
OQEP says IPO is oversubscribed amid flurry of Gulf IPOs
OQ Exploration and Production — Oman’s largest pure play oil and gas exploration company — announced that its IPO was oversubscribed across its full price range on Monday. The IPO is now set to be the …
Wynn Resorts sets high financial targets for its UAE property under development
Wynn Resorts (WYNN) announces plans for new luxury resort in UAE, expecting revenue of $1.38-$1.88 billion and strong return on invested capital.
Report highlights UAE banks’ opportunity to enhance customer experience
The volume of online conversations about UAE banks increased 10.7 per cent from 98,045 in 2022 to 108,488 in 2023, a report showed on Monday. According to the latest UAE Banking Sentiment Index, …
PwC’s latest report highlights UAE banks’ opportunity to enhance customer experience amidst growing online conversations
Dubai, United Arab Emirates: The latest UAE Banking Sentiment Index, published by PwC Middle East in collaboration with DataEQ, reveals a notable decline in consumer sentiment towards UAE banks …
Emirates Islamic continues to advance nationalization efforts, concludes successful participation at Ru’ya Careers UAE 2024
Emirates Islamic (DFM: EIB), part of Emirates NBD Group, is a leading Islamic financial institution in the UAE. Established in 2004 as Emirates Islamic Bank, the bank has established itself as a major …
ADNH Catering IPO Eyes $235 Million from ADX Listing
Catering, a prominent subsidiary of ADNH, is gearing up for a public offering that could raise up to $235 million on the Abu Dhabi Securities Exchange (ADX). This IPO marks a significant moment for …
UAE resilience, innovation to drive long-term investor support despite regional headwinds: Experts
Webster said the resilience and growing emphasis on innovation in the UAE are likely to continue driving long-term investor interest, despite temporary headwinds. In the short-term, however, investors …
Bates banking on familiarity and ‘great mind space’ in trans-Tasman clash
She does not feel that NZ losing 3-0 to Australia in the lead-up to the tournament should have any effect when these two sides meet on Tuesday …