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Tag: ipo

Posted on 04/07/2024

Dubai announces MASSIVE 20m square foot car market

Dubai has announced plans to build the world’s largest car market in the city. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the First Deputy Ruler of Dubai and Deputy Prime Minister and Minister …

Posted on 04/07/2024

Ministry of Finance hosts second ‘Customer Councils’ to zero out government bureaucracy

The Ministry of Finance held the second session of the “Customer Councils” initiative, as part of the “Zero Government Bureaucracy” programme, recently launched by the UAE government. The event was …

Posted on 04/07/2024

India’s NIPL partners with Network International to bring UPI payments to UAE

The new payment facility, allowed through Network’s point-of-sale (POS) terminals in the UAE, will offer seamless and secure transactions for Indian tourists and NRIs …

Posted on 04/07/2024

UAE IT Services Firm Alpha Data Plans $200 Million Abu Dhabi IPO

United Arab Emirates-based IT services company Alpha Data is planning an initial public offering in Abu Dhabi, according to people familiar with the matter.

Posted on 04/07/2024

Ajman Bank Announces Integration with Aani Instant Payment Platform in Collaboration with Al Etihad Payments Company

In a groundbreaking collaboration with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), Ajman Bank has announced its integration with the Aani Instant Payment Platform.

Posted on 04/07/2024

Ajman Bank Announces Integration with Aani Instant Payment Platform in Collaboration with Al Etihad Payments Company

In a groundbreaking collaboration with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), Ajman Bank has announced its integration with the Aani Instant Payment Platform.

Posted on 04/07/2024

Indian tourists and workers can now pay with UPI at more than 60,000 outlets across the UAE

UPI, one of the most popular payment methods in India, is now available at more than 60,000 outlets across the United Arab Emirates.

Posted on 04/07/2024

Gulf IPO Pipeline ‘Extremely Active,’ EFG Hermes’ ECM Head Says

An equity capital markets boom in the Gulf shows no signs of slowing down, with e-commerce and information technology companies among those expected to go public in the second half, according to the …

Posted on 04/07/2024

UAE’s $30 Billion Alterra Fund Readies Next Round of Deals

A $30 billion fund launched by the United Arab Emirates with the declared goal of funneling billions of dollars into climate finance is readying its next round of investments.Most Read from …

Posted on 04/07/2024

UAE’s $30 Billion Alterra Fund Readies Next Round of Investments

A $30 billion fund launched by the United Arab Emirates with the declared goal of funneling billions of dollars into climate finance is readying its next round of investments.Most Read from …

Posted on 04/07/2024

UAE raises $1.8bln in bids for Q3 2024 Islamic bonds

The UAE has attracted AED 6.76 billion ($1.8 billion) in bids for its bonds under the Q3 2024 sukuk programme. The Islamic Treasury Sukuk (T-Sukuk) offered a spread of 4.77% on the three-year tranche …

Posted on 04/07/2024

UAE: Gold prices jump to nearly 2-week high in early trade

Downside for yellow metal rates remains limited as US Treasury yields continue to be influenced by Fed chairman Jerome Powell’s comments …

Posted on 04/07/2024

UAE’s $30 Billion Alterra Fund Readies New Round of Allocations

A $30 billion fund launched by the United Arab Emirates with the declared goal of funneling billions of dollars into climate finance is readying its next round of investments.Most Read from …

Posted on 03/07/2024

National Bank of Fujaira CEO to step down after 14 years

Image Credit: Supplied Dubai: After more than 14 years at the helm, the Chief Executive Officer (CEO) of National Bank of Fujairah (NBF), Vince Cook, will be stepping down from his role with effect …

Posted on 03/07/2024

National Bank of Fujaira CEO to step down after 14 years

Image Credit: Supplied Dubai: After more than 14 years at the helm, the Chief Executive Officer (CEO) of National Bank of Fujairah (NBF), Vince Cook, will be stepping down from his role with effect …

Posted on 03/07/2024

UPI payment system now accessible to Indian tourists in over 60,000 outlets across UAE

This will allow Indian tourists and non-resident Indians (NRIs) with Indian bank accounts to use UPI for payments across the Network’s POS terminals in the UAE. Without the UPI system, Indian visitors …

Posted on 03/07/2024

National Bank of Fujairah announces CEO succession

Dubai – The National Bank of Fujairah (NBF) today announced that its Chief Executive Officer, Vince Cook, will be stepping down from his role with effect from September 30th 2024, having led the bank …

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