Tag: ipo

Saudi Arabia’s Milling Company 3 (MC3) is planning an initial public offering (IPO) next year and has invited banks to pitch for roles in the deal, two sources familiar with the matter said. MC3, …

DUBAI, June 2 (Reuters) – First Abu Dhabi Bank (FAB.AD) has appointed Sameh Al Qubaisi as group head of global markets and Eric Shehadeh as group head of mergers & acquisitions and corporate …

The UAE’s financial capital is one of the world’s most affordable luxury property markets, with US$1 million fetching a 1,130 sq ft home versus 226 sq ft in Hong Kong Dubai’s luxury home prices are …

Dubai is one of the world’s most affordable luxury property markets, according to Knight Frank. Prices are set to rise 13.5 per cent this year after climbing 44 per cent in 2022, the most globally.

Dubai’s daily production capacity of desalinated water has reached almost half a billion gallons.The Dubai Electricity and Water Authority extended the water transmission pipeline network by 64km last …

The talks in Dubai will also see countries conduct the first ‘global … climate system and we need to support that transition for them,” said al-Suwaidi. “Finance is going to be really fundamental at …

Check out the Arabian Business selection of the biggest stories this week Dubai’s Palm Jebel Ali revival; UAE corporate tax; Careem, Talabat row – 10 things you missed this week Careem, Deliveroo, …

With the new development, Billionaire Louis Casper Dunweber is set to disrupt the financial market with KING AI’s free FOREX signals services. This latest approach unveils the future of forex trading …

(Bloomberg) — First Abu Dhabi Bank PJSC is hiring two new senior executives in the latest shakeup at the United Arab Emirates’ largest lender. Most Read from Bloomberg China Is Drilling a …

Head of Investment Banking, commented, “We are delighted to be building on our longstanding partnership with Adnoc and to be advising on the IPO …

Emirates Development Bank (“EDB” or “the Bank”), a key financial engine of the UAE’s economic development and industrial advancement, signed a Memorandum of Understanding (MoU) with the Abu Dhabi …

With blockchain growing fast, the latest reports suggest more than $78 billion in remittance payments between Saudi Arabia and UAE, as they make the top 30 largest …

First Abu Dhabi Bank has appointed Sameh Al Qubaisi as group head of global markets and Eric Shehadeh as group head of mergers & acquisitions and corporate development, the lender said in a statement …

Designed to measure the performance of the large- and mid-cap segments of the UAE market, it has usually included finance, real estate and the oil industry in the past The MSCI indexes, operated by …

With corporate tax taking effect on June 1, the official also clarified that the scheme won’t apply to the personal income of workers employed in government and private sectors …

“In the long run, I think that access to credit is what all businesses need and at the easiest touchpoints, so embeded finance will be able to solve that,” said Sagar. “In terms of fintech, the UAE …

The UAE’s Ministry of Finance has shed light on new details related to corporate tax for businesses operating within the country’s free zones after the Gulf nation introduced the tariff on June 1.