Tag: ipo

Capital Asset Management, a newly established independent investment management and advisory firm, announced today it has chosen Dubai as its base after being granted CAT3C license by the Dubai …

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, said: “The policies, strategies, and programmes implemented, …

Dubai toll operator Salik has reported a 3 per cent annual increase in its fourth-quarter profit, supported by higher revenue from toll gates.Net profit for the period rose to Dh295 million ($80.3 …

Salik listed on the Dubai Financial Market (DFM) last year, following a 20% stake sale. It posted a full year 2023 net profit of 1.09 billion dirhams ($297 million), 17% lower year-on-year (YoY) …

Salik toll usage revenue, which accounts for 87.5 percent of total revenue, increased by 11.7 percent year-on-year, reaching AED1,845 million …

With its dazzling skyline, cultural richness, and thriving economy, Dubai stands as a beacon for investors seeking lucrative opportunities. At the heart of this fascination is Dubai’s dynamic real …

Information and communications grew 18.1 percent, while finance and insurance surged 106.9 percent. Dr. Mohammed Al Zarooni, Executive Chairman of DIEZ, said, “The positive results achieved in 2023 …

In the financial sector, the 46.2 per cent gain in shares of Commercial Bank of Dubai was one of the main underlying reasons for the sector’s gains during the month. Comparatively, the consumer …

The UAE-based carrier Etihad is reportedly considering going public with the planned IPO listing as soon as this year. According to a report by Bloomberg, the considerations around the IPO listing are …

The UAE government issued 151 Cabinet decisions related to the financial sector last year, covering the launch of new policies and initiatives, laws and approval of international agreements.The …

The Central Bank governor emphasises that the regulator aims to ensure the integrity and safety of the financial system in the UAE and globally …

Bank of Sharjah, one of the leading commercial banks in the UAE, has acted as a Joint Lead Manager and Bookrunner in the successful issuance of a $750 million 12-year U.S. dollar-denominated 144A/Reg …

Abu Dhabi’s long-haul operator Etihad Airways could be one of the next UAE companies to go public with an initial public offering (IPO) or a direct listing, according to a Bloomberg report.  The UAE …

a global enabler of Fintech and embedded finance, has announced that it is expanding its presence in Dubai, UAE by opening a new, fully operational office location in the heart of Dubai International …

But this woman claims she has a very unusual set of ‘orders’ to follow from her husband, which would probably make the majority of women pass out. Sofia Kralow loves to share snippets of her affluent …

The Anwar Gargash Diplomatic Academy (AGDA) emphasised that the UAE’s ranking first regionally and tenth place globally in Brand Finance Soft Power Index 2024 is a reflection of its track record of …

Dubai Taxi Company PJSC (DTC), today announced its financial results for the year ended 31st December 2023, delivering a strong performance while also completing its landmark listing on the Dubai …