Tag: ipo

The owners of Emicool plan to sell a 30 per cent stake in the district cooling company through an eventual IPO. Joint owners Union Properties and Dubai Investments each plan to sell 15 per cent of district cooling company Emicool by the end of this year ... ( read original story ...)

Emirates NBD, a leading banking group in the region, has signed a Premier Partnership agreement with Expo 2020 Dubai to become its Official Banking Partner. The partnership marks Emirates NBD’s long-term commitment to supporting the growth and ... ( read original story ...)

Dubai: Egyptian authorities are in talks with local and international ... Egypt has already hired HSBC and EFG-Hermes to advise on the planned IPO of state-owned lender Banque du Caire, while officials have said the program would also include oil companies. ( read original story ...)

Emirates NBD (ENBD), a leading banking group in the region, has signed a premier partnership agreement with Expo 2020 Dubai to become its official banking partner. The partnership agreement was signed by Sheikh Ahmed bin Saeed Al Maktoum, chairman of the ... ( read original story ...)

Mashreq Bank, the oldest privately owned bank in the UAE, is celebrating its 50 year anniversary alongside the local community. In association with Goumbook, the leading social enterprise promoting sustainability in the UAE, senior executives from the bank ... ( read original story ...)

One bank announced last week its “personal finance sale,” offering UAE residents a chance to borrow money at less than 3 per cent annual interest. The attractive rates, however, are being offered at a very limited period and soon, borrowers may find it ... ( read original story ...)

For example, the #UAE circulated new draft IPO regulations for feedback from stakeholders, setting requirements increasingly in line with international exchanges. Changes for the better Saudi Arabia's Capital Market Authority (CMA) announced a number of ... ( read original story ...)

Private equity baron Guy Hands has sold an aircraft leasing business his hedge fund Terra Firma has co-owned for more than ... (CPPIB), has sold the Dublin-based aircraft lessor Awas to Dubai Aerospace Enterprise, the largest aircraft lessor in the ... ( read original story ...)

Oilfield services company ADES International announced today it is planning to raise up to $170m (£133m) when it floats on the London Stock Exchange next month. The company has set a guidance price of $16.50 to $19.60 (£12.90 to £18.10) per share and is ... ( read original story ...)

With the UAE’s steel industry poised for further growth in 2017 ... launched its operations in Abu Dhabi in the midst of the financial crash. Despite the lack of demand and a significant drop in prices in the sector, the firm set out to supply the ... ( read original story ...)