Tag: ipo

OPEC forecasts growth of UAE economy as real estate, tourism and manufacturing thrive The UAE economy continues to demonstrate robust growth, particularly within non-oil sectors such as real estate, …

August 12, 2024 – VAST Data, the AI data platform company, today named Amy Shapero as its first ever Chief Financial Officer (CFO). As the company prepares for its next stage of growth, this strategic …

The Central Bank of the UAE (CBUAE) imposed an administrative sanction on an insurance company operating in the UAE. The sanction is pursuant to Article 33 (2) (a) of the Federal Decree-Law No. (48) …

Dubai free zone DMCC now accounts for 15 per cent of FDI and 7 per cent of DDP in the emirate, according to newly announced key performance results across the first half of 2024. In the first half of …

Dubai’s Parkin Co., which listed on Dubai’s DFM in March this year following an IPO, posted a Q2 net profit of 95 million dirhams ($26 million), up 7% as revenue rose. The company which operates …

Nasdaq Dubai has welcomed the listing of US$500 million Sustainable trust certificates issued by Warba Bank, a Kuwaiti Islamic Bank. This is the fourth listing under their $2 billion trust certificate …

Nasdaq Dubai has welcomed the listing of US$500 million Sustainable trust certificates issued by Warba Bank, a Kuwaiti Islamic Bank. This is the fourth listing under their $2 billion trust certificate …

to receiving the refunded amount in the applicant’s bank account.” Statistics from the Federal Tax Authority reveal a notable increase in the number and total value of approved applications since the …

The UAE Central Bank, on the other hand, has confirmed that insurance claims will be provided for damaged homes and vehicles if the party holds a comprehensive insurance policy against loss and damage …

The authority last month revoked the licence of Galaxy Insurance Broker and struck its name off the register after failing to comply with regulatory obligations …

A UAE-based insurer has been issued with a warning and sanctioned for violating regulations on the collection of personal data.

A UAE-based insurer has been issued with a warning and sanctioned for violating regulations on the collection of personal data.

UAE introduces Federal Decree-Law on Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations …

The amendments include the establishment of the National Committee for Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations, to be formed by a Cabinet …

The amendments include the establishment of the National Committee for Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations, to be formed by a Cabinet …

Dubai Investments PJSC, a prominent company listed on the Dubai Financial Market, announced a net profit of AED 289 million for the second quarter of …

Al Ansari Financial Services, which is listed on the Dubai Financial Market, has released its financial results for the first half and second quarter …