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Tag: ipo

Posted on 29/08/2024

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 …

Posted on 28/08/2024

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 …

Posted on 28/08/2024

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 …

Posted on 28/08/2024

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 …

Posted on 28/08/2024

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 …

Posted on 28/08/2024

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 …

Posted on 28/08/2024

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.

Posted on 28/08/2024

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 …

Posted on 28/08/2024

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 …

Posted on 28/08/2024

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 …

Posted on 28/08/2024

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 …

Posted on 28/08/2024

UAE-based fintech Yuze raises $30mln funding

This funding will drive Yuze’s mission to provide enhanced financial solutions to SMEs and independent professionals beyond the UAE …

Posted on 28/08/2024

Dubai, Abu Dhabi Ranked Best Spots for Globetrotting Executives

For the wave of executives turning into digital nomads since the pandemic, there’s no location more accommodating than the United Arab Emirates.

Posted on 28/08/2024

Why Is Dubai Property Market a Magnet for Global Investors

Dubai is drawing in investors from all over the world and has quickly become a global center for real estate investment.

Posted on 27/08/2024

Applying for a loan? Know what type of interest rates work better for now

Image Credit: Supplied Dubai: With interest rates now expected to not rise further … 30-year ‘floating’ rate home loan. Mortgage rates in the UAE are typically fixed for the first two years …

Posted on 27/08/2024

UAE: Companies urged not to look at profits to accelerate climate action

He added that the UAE is a pioneer in renewable energy … Speaking during the panel discussion on The Role of Green Finance in Accelerating Sustainable Development, Fuselli said boosting PPPs means …

Posted on 27/08/2024

UAE leads in Q2 gross loan growth as GCC banks’ net profit surges to $14.8b

Banks in the UAE reported the biggest quarter-on-quarter gross loan growth … by SNB as well as a decline in deposits in Bahrain after the delisting of Al Baraka Banking Group. Data from GCC central …

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