Tag: ipo

Silicon Valley Bank, the 16th largest bank in America, has been shut down by UA regulators. It is the biggest collapse of a major financial institution since the global financial crisis of 2008.

Large deposits (greater than AED20 million) made up 59% the total deposits held by the banks based in the UAE that totalled AED2.222 trillion until the end of 2022, data from the Central Bank of the …

Global Surfaces Ltd, which is into processing natural stones and manufacturing engineered quartz, on Friday said it has set a price band of Rs 133-140 a share for its Initial Public Offering (IPO) …

Investors could soon buy a fraction of a property for as low as $100 – if the assets are put in the blockchain market for tokenisation that will allow mill..

While the size and scale of this debut may be anomalous, it signals a trend: Gulf countries, and the UAE in particular, are going to see a wave of sizeable initial public offerings (IPOs) this year.

Provided by Khaleej Times In the UAE, the Central Bank has recognised the role of hawala providers as essential to financial inclusion. – KT file . The term hawala is used in a …

Al Ansari Financial today announced its intention to proceed with an Initial Public Offering (IPO) and to list i …

The United States has imposed sanctions on 39 entities, including many based in the United Arab Emirates and Hong Kong, that Washington said facilitate Iran’s access to the global financial system, …

All shares to be offered represent the sale of existing shares held by Al Ansari Holding, which is the sole shareholder of Al Ansari Financial Services. The global offering will be made available to …

The SWIFT User Group Steering Committee and National SWIFT in the UAE Member Group held its first meeting of 2023 on the 6th of March under the chairmanship of Mr. Jamal Saleh, Director General of UAE …

Where in the world is the best place to live as expats? According to a recent HSBC survey, the answer is the United Arab Emirates, which offers the best lifestyle to expatriates. The results were …

“Iran cultivates complex sanctions evasion networks where foreign buyers, exchange houses, and dozens of front companies cooperatively help sanctioned Iranian companies to continue to trade,” said …

Non-traditional energy opportunities are in focus for the bank New Edmond de Rothschild Dubai office ‘complimentary part of global strategy,’ says market lead advisory services, DIFC, Dubai, Dubai …

Dubai Financial Market (DFM) and Nasdaq Dubai on Thursday announced the admission of Emirates NBD Capital PSC as a custodial services provider on both markets. Emirates NBD Capital has obtained a …

Al Ansari Financial Services, a leading integrated financial services group in the UAE, announced on Thursday its plan to sell 750 million shares ea …

The Gulf region’s 10 largest sovereign wealth funds combined manage nearly $4 trillion, according to the Sovereign Wealth Fund Institute.

Mariam Mohammed Saeed Hareb Al Mheiri is also the first female board member of First Abu Dhabi Bank (FAB) …