IPO activity in the Mena region continued to gather momentum with a total of $1.8 billion in proceeds from 13 IPOs – a 44% increase in the number of listings but an 80% drop in proceeds when compared …
MENA IPO activity: 23 listings registered in H1; Saudi, UAE to lead market in H2
IPO activity in the MENA region continued to gather momentum with a total of $1.8 billion in proceeds from 13 IPOs in Q2 2023, EY stated in the report …
UAE authority warns residents of fake shopping sites, online scams
The alert comes as reports of people falling victim to online fraud continue to emerge despite repeated warnings …
Dfsa, Financial Intelligence Unit Sign Mou To Strengthen Collaborative Action Against Financial Crime
The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding with the Financial Intel …
UAE: DFSA, Financial Intelligence Unit join hands against financial crime
The agreement aims to enhance co-operation, co-ordination, and information sharing between the DFSA and FIU to fulfill their respective obligations related to AML/CFT compliance.
Real estate in Dubai much more affordable than Mumbai, says Dubai’s 1% man
While he sees potential and opportunities in India’s financial capital, Rizwan Sajan is sticking to the emirate for now …
Dubai Foreign Visits Hit 8.5m in H1 2023, Becomes Region’s Wealthiest City
According to the update, with over 8.5 million visits to the United Arab Emirate (UAE) country in the first half of 2023, Dubai becomes the region’s wealthiest city in the Middle East and North Africa …
Dubai logs over $762.3mln in realty transactions Monday
Dubai’s real estate market recorded 670 sales transactions worth AED2.03 billion on Monday, in addition to 112 mortgage deals totalling AED724.49 million, and 13 gift deals amounting to AED94.95 …
Dubai logs over AED2.8bn in realty transactions Monday
Dubai’s real estate market recorded 670 sales transactions worth AED2.03 billion on Monday, in addition to 112 mortgage deals totalling AED724.49 million, and 13 gift deals amounting to AED94.95 …
BIT 2023: The ultimate banking and fintech confluence set to ignite the future of finance
Khaleej Times, in partnership with WeValue Inc., has announced the much-anticipated fourth edition of BIT 2023 — Banking, Innovation & Technology forum. Th..
VIDEO: What is Dubai’s Strategic Plan 2023-2026 all about?
The Strategic Plan 2023-2026 focuses on financial empowerment, sustainability, innovation, financial leadership as well as future foresight. Watch the Zawya video here. Disclaimer: This article is …
Tafaseel BPO unveils revamped website and Egypt expansion as part of its IPO vision for 2025
As the company gears up for its highly anticipated Initial Public Offering (IPO) in 2025 … Tafaseel BPO remains a multicultural hub of talent and innovation. As the UAE’s largest BPO provider, …
Dubai’s BHM Capital successfully integrates with DFM for seamless trading
Dubai-based capital market player BHM Capital announced its successful integration into the Dubai Financial Market (DFM) electronic platform and mobile application. The integration gives BHM Capital …
Chinese investors surge back into Dubai real estate market with remarkable 130% jump
Chief Financial Officer of Allsopp & Allsopp, told Arabian Business. In early 2023, Chinese travel restrictions were lifted, enabling Chinese investors to once again directly access the Dubai property …
Ajman Bank $150mln Rights Issue oversubscribed 7.4 times
The Rights Issue offered both registered shareholders and other investors the chance to subscribe to the newly issued shares at a price of AED1 per share, matching the nominal value of Ajman Bank’s or …
Ajman Bank’s Dhs550m rights issue receives strong response
The rights issue from Ajman Bank offered both registered shareholders and other investors the chance to subscribe to the newly issued shares at a price of Dhs1 per share …
Ajman Bank AED 550mln rights issue oversubscribed 7.4 times
Ajman Bank’s AED 550 million Rights Issue saw an overwhelming response indicating oversubscription of 7.4 times, with a total demand of AED 4.1 billion. The initiative attracted many international …