In H1 2024, the DFSA authorised 61 new firms, marking a 22 percent increase compared to the same period in 2023, bringing the total number of regulated entities to 837 …
Delivery Hero prepares IPO of Talabat on Dubai bourse
Talabat’s IPO remains subject to market conditions and regulatory approval from the Securities and Commodities Authority.
Talabat IPO: Delivery Hero announces plans for Dubai stock market listing
Talabat, an on-demand food and Q-commerce delivery app, announced today that its parent company, Delivery Hero, is preparing for its initial public offering (IPO). The company plans to list talabat on …
UAE residents await new Jaywan debit cards as bank ATMs, merchant terminals get connected
The actual start of Jaywan transactions is set for some time during Q4-2024. Jaywan – which is owned by Al Etihad Payments and part of the UAE Central Bank – serves the purpose of the country having …
UAE residents await new Jaywan debit cards as ATMs, merchant terminals get connected
Jaywan – which is owned by Al Etihad Payments and part of the UAE Central Bank – serves the purpose of the country having its own domestic card scheme and a viable, lower cost option to the global …
New Salik gates in Dubai: Business Bay to be one of the busiest tolls
Al Safa South will be, somehow, similar to Al Mamzar North and South Gates,” said Maged Ibrahim, chief financial officer of Salik. The of Business Bay and Al Safa South are expected to be taking the …
UAE banks halt payments for Russian electronics imports
In August, banks in the United Arab Emirates began blocking payments made by Russian companies for Chinese electronic components and equipment. According to experts, the UAE has so far been a key …
Dubai: Dh4 standard Salik toll gate rate has ‘lost momentum’; official suggests ‘dynamic pricing’
Dubai’s toll gate system needs a dynamic pricing system as studies show that Dh4 lost momentum and impact on traffic, a senior official …
UAE banks halt Russian payments for Chinese electronics
In August, banks in the United Arab Emirates began blocking payments made by Russian companies for Chinese electronic components and equipment. According to experts, the UAE has thus far played a key …
UAE banks halt Russian payments for Chinese electronics
In August, banks in the United Arab Emirates began blocking payments made by Russian companies for Chinese electronic components and equipment. According to experts, the UAE has thus far played a key …
Mahmoud Abbas cuts short Saudi trip after Israel launches West Bank operations
Israel’s large-scale offensive in the northern West Bank is likely to put more pressure on the fragile Palestinian Authority …
UAE: Five ways to pay your child’s school tuition fees
While many private schools in Dubai do not accept post-dated cheques, you can still pay by cheque, provided it is in the school’s name. Ensure that the cheque is submitted to the reception or finance …
Alternative Asset Investment Platform Konvi Now Offers Fractional Real Estate in UAE
Konvi, a “luxury assets fractional investment platform,” is now offering fractional investments of real estate in the UAE.
Premier Energies IPO subscribed 4 times on day 2; NIIs in pole position
Ahead of the listing, Premier Energies’ IPO shares were trading at an 87 percent premium over the upper price band in the grey market …
UAE Central Bank announces M-Bills auction on September 2
The issue date will be on September 4, 2024, with the maturity date for the first issue due on October 2, 2024 …
Dubai Centre for Family Businesses publishes new ‘Family Office Toolkit’
The Dubai Centre for Family Businesses which operates under the umbrella of Dubai Chambers has issued a new toolkit highlighting the important role …
UAE banks block Russian payments for Chinese electronics, media reports
Banks in the United Arab Emirates (UAE) have been rejecting transactions from Russian companies for electronic components and consumer electronics from China since early August, the pro-Kremlin outlet …