Tag: ipo

The Ministry of Finance (MOF) has announced that starting from January 1, 2023, director services undertaken by natural persons serving as members of board..

Aliph Capital has closed its first transaction, which involved the 100 percent buyout of UAE’s largest pet business, The Pet Shop (TPS), which also comprises of DubaiPetFood.com and Petsville. The …

The increase in profitability was driven by higher core interest income despite a slowdown in loans and advances (L&A) growth …

The Ministry of Finance (MOF) has announced that starting January 2023, board members across institutions in the UAE will not be subject to value added tax (VAT). The tax will still be applicable for …

The event under the theme of “Crypto Abu Dhabi”, facilitated the assembly of global crypto, blockchain and decentralised finance entities.

UAE Banks Federation says sector assets have climbed $825bn in the century so far UAE bank assets worth $900bn and growing amid digital expansion banking, UAE, UAE Banking Banking & Finance …

Liv.bank launches Middle East’s first in-app IPO subscription service Dubai bank launches Middle East’s first IPO subscription app amid $18bn boom IPO …

Both Abu Dhabi and Dubai have developed several programmes and regulations to further boost the FinTech sector and integrate the metaverse into the UAE’s economy and society. Over the past few years, …

Dubai mortgage lender has been sticking to strict repayment programme Amlak recorded a drop in profit for the first three quarters, at Dh383.9 million. Image Credit: Gulf News Archive Dubai: A drop in …

The nation has made remarkable headway in the digital transformation of the financial sector with 95 per cent of the banking transactions going digital, and 90 per …

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …

The closure of more than 200 bank branches in the country, representing a 30% reduction, reflects this growing reliance on digital banking …

Hosted by the Algorand Foundation, Decipher will present its 2022 edition in Dubai, UAE – a burgeoning crypto capital – and feature top industry voices from FTX, SkyBridge Capital, Envision Racing, …

Invest Bank will adopt an end-to-end retail and wholesale banking solution on the Temenos Banking Cloud, becoming one of the first in the UAE to adopt a full SaaS model for its digital and core …

Dubai Financial Market (DFM) on Tuesday welcomed the successful listing of Emirates Central Cooling Systems Corporation (Empower). This is the fourth public offering and listing on the DFM in 2022 to …

Dubai debut following an initial public offering that attracted $34bn in orders, underscoring the continued appetite for listings in the oil-rich Gulf. Empower, as the district cooling firm is known, …

Currently present in more than 50 cities, EMPG operates classified platforms across emerging markets, with a focus on the MENA and South East Asia regions.