Tag: ipo

The new tax will see businesses levied with a corporate tax of 9 percent on profits above AED385,000 UAE new tax “significant milestone” in country’s history, says expert Corporate tax, Corporate tax …

Nomura Holdings’ global wealth management business is opening a branch in Dubai as it expands into the fast growing Middle East hub to cater to an affluent pool of clients.

Chairman of the UAE Banks Federation, Abdulaziz Al Ghurair, said that the UAE banking and financial sector has successfully addressed the numerous geopolitical and economic developments and changes …

The partnership will enable SMEs in the UAE to have improved access to strategic financing options. Under the credit guarantee scheme, EDB will guarantee up to 50 percent of the finance facility …

Gulf IPO activity starts hot in 2023 thanks to more landmark offerings. Luberef’s trading debut and listings by Aramco Trading and others keep the IPO boom rolling. That bolsters confidence among …

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, announced that Dubai’s GDP grew 4.6% year-on-year to Dhs307.5 billion …

The governments of the UAE and Kyrgyzstan agreed to strengthen their economic cooperation and enlarge the scope of their business and investment partnerships …

ABU DHABI – The Central Bank announced that the Money Supply aggregate M1 increased by 0.5%, from AED 719.4 billion at the end of August 2022 to AED 723.0 billion at the end of September 2022. The …

Dubai growth led by resilient retail, real estate and hospitality sectors Dubai GDP grows to $84bn in first nine months of year Dubai, Dubai economy, Dubai Land Department, Dubai real estate market, …

Mohamed Alabbar is best known as the founder of a Dubai real estate firm that built the world’s tallest skyscraper, but it’s an investment in fast food that propelled him into the leagues of the …

A MoU was signed to boost financial inclusion of small-to-medium sized enterprises ADCB, Emirates Development Bank partner on credit guarantee scheme Abu Dhabi Commercial Bank, ADCB, Emirates …

Saudi Arabia’s Public Investment Fund and Dubai businessman Mohamed Alabbar had sold 2.5 billion … the Middle East as the region attempts to deepen its capital markets. The IPO, which drew orders …

Provided by The National Americana Restaurants chairman Mohamed Alabbar (centre) and the company’s vice chairman Abdulmalik Al-Hogail ring the bell at the debut of the company’ …

Banks including Goldman Sachs Group Inc., Morgan Stanley and First Abu Dhabi Bank PJSC are set to share about a combined $74.3 million in fees for working on the IPOs of Americana Restaurants …

IFZA Dubai, which claims to be the UAE’s “truly” international Free Zone, has entered into a partnership agreement with Wio Bank.

The company has fixed the IPO price band at Rs 256-270 per share. The lot size of Harsha Engineers IPO is 55 shares, for which one has to spend Rs 14,850. A retail individual investor can submit bids …

According to the Ministry of Finance, the corporate tax will help the UAE achieve its development and transformation ambitions. The rate is said to be the lowest in the Gulf Cooperation Council (GCC) …