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Tag: ipo

Posted on 26/08/2024

Burgan Bank receives approval to acquire United Gulf Bank

Kuwait’s Burgan bank announced that it has secured a “no-objection” letter from the Central Bank of Bahrain regarding its Acquisition of 100 percent of United Gulf Bank, based in Bahrain. The …

Posted on 26/08/2024

UAE’s women-owned businesses can always do with some extra support

Image Credit: Shutterstock Did you know that the finance gap for women entrepreneurs is $1.7 trillion … Breaking through traditional financing barriers remains a significant hurdle for women in the …

Posted on 26/08/2024

Accelerating Change: The Upcoming Conference On Digital Transformation, AI, And Customer Experience In Banking

As the financial world rapidly evolves, Dubai is set to host the Middle East banking Innovation Summit 2024, scheduled to take place in less than a month EIN Presswire provides this news content “as …

Posted on 26/08/2024

UAE tells taxpayers to register applications or face fines

The Federal Tax Authority (FTA) has renewed its calls for resident juridical persons with UAE licences issued in June, irrespective of the year of issuance, to promptly submit their Corporate Tax …

Posted on 26/08/2024

8 reasons why the UAE passport is gaining in strength

The UAE passport jumped from 15th place in 2023 to 8th in 2024 in Get Golden Visa’s ranking, making it among the world’s fastest-growing in terms of its strength …

Posted on 25/08/2024

NMDC Group reveals plans for NMDC Energy IPO on Abu Dhabi securities exchange

The IPO process, however, remains contingent upon receiving approvals … and construction services for both onshore and offshore oil and gas operations. The NMDC Group, based in the UAE, is a …

Posted on 25/08/2024

UAE Offers Flexible Hours for Govt Staff on 1st School Day

The UAE has announced flexible work hours for government employees on the first day of school to assist parents with school drop-offs and pickups. This flexibility will also extend through the first …

Posted on 25/08/2024

UAE: How to get refund for government service fees, fines

Requesting a refund for government services or fixing a payment mistake might seem complicated. In the UAE, however, residents don’t need to worry since the process is straightforward and simple.

Posted on 25/08/2024

UAE: How Can Married Couple Plan A Living Arrangement Before Filing For Divorce?

Is there a legal document we can arrange before the divorce to outline our living arrangements and financial responsibilities? How will that process work? Answer: In the UAE, if two parties intend to …

Posted on 25/08/2024

UAE Extends Humanitarian Aid to Conflict-Hit Ukraine

A key highlight of the UAE’s involvement is its successful mediation in seven prisoner exchanges between Russia and Ukraine, leading to the release of 1,788 captives.

Posted on 25/08/2024

Seven apps parents in the UAE can use to manage play dates, pocket money and more

Navigating parenthood in the UAE can be a whirlwind, with its blend of traditional values and modern conveniences. But smartphones have emerged as a useful tool to streamline daily routines, foster …

Posted on 25/08/2024

Fintech Zumo Signs Abu Dhabi Sustainable Finance Declaration, Reinforcing Commitment to Greener Financial Services

Zumo, the digital assets infrastructure, signed the Abu Dhabi Sustainable Finance Declaration, reinforcing commitment to greener financial services.

Posted on 24/08/2024

UAE banks attract $14.7bn in 3-month deposits in five months

UAE-based banks attracted new “three-month” deposits worth more than AED54bn ($14.7bn) during the first five months of this year, according to the latest statistics from the Central Bank of the UAE …

Posted on 23/08/2024

UAE: Ministry of Finance launches initiatives for ‘Zero Government Bureaucracy Programme’

These initiatives, which also include the Zero Bureaucracy webpage, will allow employees to discuss and suggest improvements to current procedures aiming to transform the customer experience …

Posted on 23/08/2024

$14.7bln in new 3-month deposits at UAE banks in 5 months

UAE-based Banks attracted new “3-month” deposits worth more than AED54 billion during the first five months of this year, according to the latest statistics from the Central Bank of the UAE (CBUAE).

Posted on 23/08/2024

Pakistan Seeks USD 4 Billion Loan From Middle East Banks To Meet Financial Obligations

Pakistan has pitched about USD 20 billion in foreign borrowing in the budget, besides another USD 3 billion rollover from the UAE that was reported separately for the balance of payments.

Posted on 23/08/2024

UAE Central Bank revokes licence of Muthoot Exchange

The Central Bank of the UAE (CBUAE) has revoked the licence of Muthoot Exchange, an exchange house operating in the UAE, …

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