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Tag: ipo

Posted on 23/04/2024

UAE shares successful government modernisation experiences with Rwanda

The Government Experience Exchange Office in the Ministry of Cabinet Affairs received a delegation from the Government of the Republic of Rwanda, with the aim of sharing the UAE’s successful …

Posted on 23/04/2024

Dubai World Trade Centre cluster appoints CA Anirudh Chaturvedi as new Cluster Director of Finance

With an extensive background in finance hospitality and over 13 years of industry experience & serving Middle East region (UAE & Qatar) for past 6+ years …

Posted on 23/04/2024

Spinneys Seeks $375 Million in Rare Dubai Private-Sector IPO

The family behind high-end supermarket chain Spinneys 1961 Holding plc is seeking to raise as much as 1.38 billion dirhams ($375 million) in a rare private sector listing in Dubai.

Posted on 23/04/2024

Dubai retailer Spinneys sets IPO price range at Dh1.42-Dh1.53/share as demand builds up

The Spinneys IPO is opening today and retail investors have already been building up their funds to commit to the offering. Image Credit: Supplied photo Dubai: The UAE grocery retailer Spinneys has …

Posted on 23/04/2024

Positive macro-economic trends emerging in country: Finance Minister

The Minister further said that the macro-economic indicators have started showing positive trends in the country both at internal and external fronts. The ongoing structural reforms and enforcement …

Posted on 23/04/2024

UAE businessmen: Aurangzeb makes a pitch for investments

ISLAMABAD: Federal Minister for Finance and Revenue, Aurangzeb has held meeting with foreign investors including Chairman of Ayana Holding, Abdulla Bin Lahej and Chairman Nad Al Shiba Holding, …

Posted on 23/04/2024

Ministry Of Finance’s Federal Suppliers Register Enhances Government Procurement

Since 2007, the UAE Ministry of Finance has played a pivotal role in federal procurement. The introduction of the Digital Procurement Platform in 2021 has radically changed the procurement experience …

Posted on 23/04/2024

Nominations Open For UAE Realty Awards: Recognizing Excellence In Real Estate

Finance World Magazine proudly announces that nominations are now open for the prestigious UAE Realty Awards 2024 …

Posted on 23/04/2024

Dubai’s Luxury Car Thriller: Taycan’s Great Escape & Range Rover’s Watery Woes

Heavy rain hits Dubai What is the fate of the Porsche Taycan? There are also cases of mixed joy and sorrow In the early morning of April 16 (local time), heavy rain fell in Dubai, United Arab Emirates …

Posted on 23/04/2024

UAE Central Bank asks lenders to defer loans to help flood-hit residents

The UAE Central Bank on Monday issued a notice to all banks and insurance companies, asking them to allow a six-month deferment of repayments for personal and car loans for customers affected by the …

Posted on 23/04/2024

UAE floods: Banks to defer personal, car loan installments for 6 months

The UAE central bank said banks will not impose additional fees, interest or profits for loan repayment deferrals.

Posted on 22/04/2024

Black swan hedge fund says Fed rate cuts will signal market crash

While U.S. financial markets debate the timing of interest rate cuts, one tail-risk hedge fund is warning that investors should make the most of recent economic optimism while it lasts, as a shift to …

Posted on 22/04/2024

UAE’s trademark listing surge signals rising investor trust

The UAE has seen a significant increase in trademark registrations in the first quarter of 2024 with a 64 per cent surge compared to the same period last year, signifying growing investor confidence …

Posted on 22/04/2024

UAE banks to allow loan installments to be deffered by six months following bad weather

The deferral shall be without imposing additional fees, interest or profits, or otherwise increase the principal amount of the loan for the deferral of the repayment of installments.

Posted on 22/04/2024

UAE orders banks and insurance companies to allow 6 months of payment deferrals without cost following heavy rainfall

UAE banks and insurance companies have been told to offer customers payment deferrals of up to six months without additional costs as they deal with the impact of severe rain in the country.

Posted on 22/04/2024

UAE floods: Banks may defer loan installments for 6 months following storm, says Central Bank

Banks and finance companies in the United Arab Emirates may defer personal and car loan installments for six months to help deal with the repercussions fro..

Posted on 22/04/2024

Finance Minister meets officials of banking sector in Dubai

Federal Minister for Finance and Revenue Muhammad Aurangzeb held meeting with the senior officials of Mashreq Bank and First Abu …

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