Tag: ipo

T he UAE banking sector profitability jumped 9.3 per cent quarter-on-quarter to Dh20.8 billion in the first quarter on the back of “plummeting impairment charges” and surging operating income.

The financing deals align with EDB’s mandate to enable Operation 300 billion and the advancement of local manufacturing capabilities. Under the UAE Industrial Development Strategy, the bank has …

UAE-based proptech and digital brokerage startup Huspy has concluded a new round of funding that was led by Balderton Capital, with additional participation from existing investor Fifth Wall and other …

The company set an indicative price range of AED1.30 to AED1.35 per share for its initial public offering, according to a statement on Tuesday. At the top end, Alef would have a market capitalisation …

DUBAI, United Arab Emirates — MultiBank Group … This achievement solidifies MultiBank Group’s position as a trailblazer in the global financial markets. We apologize, but this video has failed to …

The ministry has partnered with the following banks: Abu Dhabi Islamic Bank, Abu Dhabi Commercial Bank, Commercial Bank of Dubai, Ajman Bank, Emirates Islamic Bank, Emirates NBD, Sharjah Islamic Bank, …

Due to its strong economy, business opportunities, and tax benefits, the UAE continues to attract HNWIs across the world. Image: Shuterstock As more of the world’s wealthy flock to Dubai, a new breed …

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …

The couple moved to Dubai for a better life but Charlotte watched Ali die in front of her in a jet ski accident …

This visit follows an invitation from His Excellency Yoon Suk Yeol, President of the Republic of Korea. As His Highness the President’s aircraft entered Korean airspace, it was escorted by military …

The Ministry of Industry and Advanced Technology (MoIAT) has announced a partnership with Emirates Development Bank (EDB), the key financial engine of economic development and industrial advancement …

Dubai-based Nakheel, a Dubai Holding member, has awarded infrastructure contracts for the next phase of development at Palm Jebel Ali in UAE. Spanning 13.4km of land and encompassing 10.5 million m 2 …

Dubai’s benchmark index bounced back after three straight sessions of losses to end 0.4% higher, supported by gains in consumer staples, communications and finance. Dubai Islamic Bank advanced 3.1% …

Dubai’s Roads and Transport Authority (RTA) has announced the completion of road and lighting improvements in the Al Qusais Industrial areas 1, 2, 3, 4, and 5 in …

The meeting approved the strategic goals and plans of UAE Banks Federation for 2024, as presented by the Board of Directors, to develop the UAE banking sector and strengthen the UAE’s position as one …

As part of Operation 300bn, Emirates Development Bank will provide Dh30 billion in financing support to 13,500 companies in five sectors …

Travel to Dubai this summer and gain free access to key attractions when buying an Emirates ticket, as well as access to discounts and rewards via My Emirates Pass. Emirates has launched great offers …