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Tag: ipo

Posted on 11/10/2023

US-based Web3 company Fluent Finance joins UAE’s NextGenFDI programme

Fluent Finance, a US-based developer of a cryptocurrency-based payment platform, has joined the UAE’s NextGenFDI programme and plans to begin operations in Abu Dhabi. Founded in Delaware in 2020, …

Posted on 11/10/2023

EFG Hermes completes advisory on $1.219 billion IPO of ADES Holding Co

The transaction marks the firm’s second advisory role on an IPO on the Saudi Exchange this month, showcasing its dedication to the kingdom’s burgeoning investment …

Posted on 11/10/2023

EFG Hermes successfully completes advisory on landmark SAR 4.572bln ($1.219bln) IPO of ADES Holding Company on the Saudi Exchange

The transaction marks the Firm’s second advisory role on an IPO on the Saudi Exchange this month, showcasing its dedication to the Kingdom’s burgeoning investment market …

Posted on 11/10/2023

Policybazaar.ae to share insights on the future of finance at Gitex Technology Week

Neeraj Gupta, CEO, Policybazaar.ae said, “I look forward to discussing the future of finance with other experts this GITEX. Technology is transforming the financial industry, which cannot be …

Posted on 11/10/2023

UAE a global investment hub: UNCTAD Secretary-General

The forum’s goal is to connect environmental experts and economists, adding that the forum will offer a valuable opportunity to achieve this goal and produce outcomes supporting COP28: Rebeca Grynspan …

Posted on 11/10/2023

Emirates Islamic claims double win at the International Finance Awards 2023

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, won major recognition with two major awards at the International Finance …

Posted on 11/10/2023

UAE: Emirati, Egyptian and Filipino expats win Dh100,000 in Mahzooz draw

A UAE national, Egyptian expat and Filipino expat have won Dh100,000 each in the latest Mahzooz Saturday Millions’ draw. The latest structure of this draw guarantees that three winners will walk away …

Posted on 10/10/2023

Mohammed bin Rashid: Dubai remains steadfast in its commitment to nurturing conducive investment environment

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, received businessmen, diplomats and dignitaries at his weekly Majlis at the …

Posted on 10/10/2023

UAE 2024 budget: Full breakdown of $17.4bn spending plan

The UAE Cabinet approved the federal general budget 2024-2026 roadmap with a total value reaching AED192 billion, and allocated a budget for the year 2024 with a total estimated expenses amounting to …

Posted on 10/10/2023

Meraj Farooqui: A Committed Banking Professional in Dubai

Meraj Farooqui is currently working with one of the most prominent financial institutions of Dubai as an Assistant Relationship Manager. There, he caters to private, business, and priority banking …

Posted on 10/10/2023

UAE Food Bank and Al Ihsan Charity Association sign cooperation agreement to support philanthropy and enhance social responsibility

The UAE Food bank is committed to serving as an intermediary that places major focus on collecting excess food from various vendors that the bank has previously signed cooperation agreements with …

Posted on 10/10/2023

Challenges in Developing a Sustainable Approach to Independent Wealth Management in the UAE’s Fast-Evolving Market

A well-regarded and pioneering character in the local EAM scene commented on how dramatically more comprehensive and inter-connected the wealth market has become in the UAE over the past 20 years, …

Posted on 10/10/2023

Dubai launches new public platform for reporting economic crimes

Dubai has launched a new platform that will help the public report economic crimes, as the emirate continues to bolster its economic security framework and growth. The platform, which is part of the …

Posted on 10/10/2023

UAE-Georgia Cepa to enter into force in the first quarter of 2024

financial telecommunications to benefit from the agreements on both sides,” Zeyoudi added. The signing of the agreement had taken place earlier in Georgia’s capital Tblisi during a UAE delegation’s …

Posted on 10/10/2023

UAE: IMF revises growth forecast for the Emirates for 2023, 2024

The International Monetary Fund (IMF) on Tuesday revised down the UAE’s growth forecast for this year but upgraded for the next …

Posted on 10/10/2023

Mastercard and Zywa launch financial literacy roadshow to transform finance management for youth in the UAE

Mastercard has collaborated with Zywa, the first payments app in the Midde East and North Africa (MENA) that is exclusively tailored for Gen Z, to host a financial literacy roadshow at some of the …

Posted on 10/10/2023

New economic corridor places UAE and Saudi Arabia at the centre of the new world order

The India-Middle East-Europe Economic Corridor (IMEC), announced last month during the G20 summit in New Delhi, underlines a shift in global trade centres, with Asia, Africa and the Middle East set to …

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