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Tag: ipo

Posted on 05/09/2024

Finance teams – evolve now or become irrelevant

A comprehensive new report reveals that finance teams worldwide are at a critical juncture, with just five years to adapt to rapidly changing demands—or face the risk of becoming obsolete …

Posted on 05/09/2024

UAE interested in strengthening economic co-operation with BRICS members

After joining BRICS, the United Arab Emirates expressed interest in strengthening economic ties with the regional group members, TASS …

Posted on 05/09/2024

UAE sees increase in demand for credit as construction and real estate firms look to bank loans despite rising interest rates

UAE businesses are looking for bank loans despite rising interest rates, as construction, real estate, manufacturing, retail and wholesale look to borrow. The Central Bank of the UAE stated that …

Posted on 05/09/2024

UAE’s Financial Platform Ziina Reports $22M Series A Round

Ziina, the UAE’s financial platform supporting consumers and businesses, announced that it has raised $22 million in a Series A round.

Posted on 04/09/2024

UAE announces new anti-money laundering strategy for 2024-2027 as it fights cyber threats, virtual assets risks and financial crime

UAE announces 2024-27 National Strategy for Anti-Money Laundering, Countering the Financing of Terrorism and Proliferation Financing …

Posted on 04/09/2024

JPMorgan Sets Up Dubai Private Banking Team to Tap Wealth Boom

JPMorgan Chase & Co is establishing a private banking team in Dubai, joining a raft of rivals that have deployed additional resources to the Middle East to capitalize on the thousands of millionaires …

Posted on 04/09/2024

UAE-based fintech startup Ziina raises $22 million in Series A funding round

Faisal Toukan, CEO and co-founder of UAE-based payments fintech Ziina, discusses the company’s plan to “evolve” from being a payments platform to an “end-to-end financial ecosystem.” …

Posted on 04/09/2024

Delivery Hero Selects Banks for Talabat’s Dubai IPO

German food delivery company Delivery Hero has engaged Emirates NBD, Morgan Stanley, and JPMorgan Chase to assist with the initial public offering (IPO) of its Dubai unit, Talabat.Read More: Spinneys’ …

Posted on 04/09/2024

Delivery Hero Selects Banks for Talabat’s Dubai IPO

German food delivery company Delivery Hero has engaged Emirates NBD, Morgan Stanley, and JPMorgan Chase to assist with the initial public offering (IPO) of its Dubai unit, Talabat.Read More: Spinneys’ …

Posted on 04/09/2024

Takaful insurer ADNTC calls off Dubai-based AMAN’s portfolio acquisition

UAE-listed Abu Dhabi National Takaful Company (ADNTC) has terminated a deal to acquire the life insurance portfolio of Dubai Islamic Insurance & Reinsurance Company (AMAN).

Posted on 04/09/2024

Taliban’s closer ties with UAE signal global divide over Afghan regime

“The Taliban are hungry for international engagement and hungry for recognition,” said Hasan Alhasan, a senior fellow at the International Institute for Strategic Studies in Bahrain. The UAE’s …

Posted on 03/09/2024

UAE President receives President of African Development Bank Group

Sheikh Mohamed affirmed the UAE’s commitment to deepening its economic ties in Africa Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates (R) meets with Dr Akinwumi Adesina, …

Posted on 03/09/2024

India seeks review of UAE trade deal amid spike in silver, gold imports

India is reviewing its trade deal with the UAE as a surge in silver and gold imports raises concerns over tariff concessions, value addition norms, and govt procurement commitments under the CEPA …

Posted on 03/09/2024

Nasdaq Dubai lists $400mln bonds from Agricultural Bank of China

Dubai – Nasdaq Dubai has announced the listing of USD 400 million Floating Rate Notes by Agricultural Bank of China (DIFC Branch). This marks the Bank’s second bond listing on Nasdaq Dubai amidst …

Posted on 03/09/2024

NMDC Group’s IPO of NMDC Energy 14x oversubscribed within Day 4

Intention to list NMDC Energy (formerly NPCC) on ADX on Wednesday, 11 September 2024 …

Posted on 03/09/2024

Dubai real estate: How much should you earn to buy property worth $1 million?

Dubai’s real estate market is booming, but buyers face specific financial requirements and hidden costs – here’s how much you should be earning to buy property worth $1 million, according to experts …

Posted on 03/09/2024

Stockify Expands Global Reach with New Office in Dubai International Financial Centre (DIFC)

Stockify, a customer-oriented platform for unlisted or pre-IPO shares in India, is expanding its global footprint with a new office at the Dubai International Financial Centre (DIFC). With a mission …

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