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Tag: ipo

Posted on 12/02/2024

UAE businessman BR Shetty travel ban lifted as Indian court issues new notice

The Karnataka High Court also allowed Shetty to go abroad, if no other restriction exists for his travel abroad other than these LOCs …

Posted on 12/02/2024

UAE: Employees brave heavy rain and traffic, get soaked on way to work

While authorities have urged private companies to , some employees reported to offices on Monday morning despite the inclement weather. “I’m actually an hour late to work, and I was considering …

Posted on 12/02/2024

Emirates NBD reveals criteria for SMEs to participate in first phase of AED500mln ‘Dubai International Growth Initiative’

Joint steering committee, comprising representatives from the Government of Dubai and Emirates NBD, will be responsible for guiding the initiative …

Posted on 12/02/2024

Minister Of Finance Signs Agreement With UAE To Avoid Double Taxation, Prevent Income Tax Evasion

Mohamed Maait, the Minister of Finance, signed the supplementary agreement for the Protocol to Avoid Double Taxation and Prevent Income T …

Posted on 11/02/2024

Mohammed bin Rashid meets with Arab Ministers of Finance participating in Arab Fiscal Forum

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, met with Arab Ministers of Finance taking part in the Arab Fiscal Forum held today on Day 0 of …

Posted on 11/02/2024

Egypt keen to develop economic, investment cooperation with UAE: Egyptian Minister of Finance

Dr Mohamed Maait Minister of Finance of Egypt reaffirmed the Egyptian government keenness to continue developing cooperation ties with the UAE es …

Posted on 11/02/2024

UAE Banks Federation Organises Awareness Seminar On Corporate Tax0

Mr. Jamal Saleh, Director General of UAE Banks Federation, said:“Organising this awareness seminar with the participation of banking sector leaders is part of UAE Banks Federation’s initiatives under …

Posted on 10/02/2024

MoF says OECD’s rating of Free Zone Corporate Tax regime will enhance UAE’s global competitiveness

The UAE Ministry of Finance (MoF) said the latest review by the Organisation for Economic Co-operation and Development (OECD) on preferential tax regimes has officially recognised the United Arab …

Posted on 09/02/2024

UAE’s MoF to promote financial empowerment and sustainability

The UAE Ministry of Finance announced on Friday that it will participate in the World Governments Summit (WGS) 2024, under the theme “Shaping Future Governments”, from Feb.12-14 in Dubai.

Posted on 09/02/2024

UAE to open Treasury Bonds to individual investors: A safer way to grow your money

In the UAE, the Ministry of Finance issues treasury bonds every six weeks, in collaboration with the UAE Central Bank. The UAE Central Bank also defines purchasing T-Bonds as, “lending the federal …

Posted on 09/02/2024

UAE plans to issue treasury bonds to individuals

The move aims to diversify investment opportunities in the UAE market The primary aim behind the issuance of treasury bonds is to introduce fresh investment instruments in the market, catering to both …

Posted on 09/02/2024

UAE banks set for another year of strong profitability, S&P says

Banks in the UAE are well placed to continue posting strong earnings this year, capitalising on an improving macroeconomic environment and consistently high interest-rate regime supporting their …

Posted on 09/02/2024

UAE: Salik shareholders reap benefits, share concerns

Dean Fernandes was one of the first people to sign up for the initial public offering (IPO) of Dubai’s road toll-operator Salik when it was announced in 20..

Posted on 08/02/2024

Presight AI posts healthy numbers in first post-IPO full year result

Abu Dhabi tech company’s revenue up 14.7% to $484.85 million, while net profit increased 5.1% to $155.37 million …

Posted on 08/02/2024

Dubai Future District Fund Drives The Future Of Finance And Economies With Focus On Innovation And Sustainability

( MENAFN – Dubai PR Network) Dubai, February 8, 2024: The Oversight Committee of Dubai Future District Fund (DFDF) met to assess the Fund’s significant achievements to date and outline future …

Posted on 08/02/2024

The Ajman Chamber of Commerce and Al Maryah Community Bank sign an MoU to enhance cooperation

The Ajman Chamber of Commerce and Industry signed a Memorandum of Understanding with Al Maryah Community Bank (Mbank), a leading digital bank in the United Arab Emirates, with the aim of providing …

Posted on 08/02/2024

Dubai Taxi Company debuts on Dubai Financial Market

began trading on the Dubai Financial Market (DFM) on February 7, defying global headwinds and achieving record-breaking oversubscription. DTC‘s listing marks the second successful IPO on the DFM this …

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