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Tag: ipo

Posted on 06/01/2024

UAE market cap soars as top 16 companies hit $719bn

As of January 2024, the aggregate market capitalisation of the top 16 national companies listed on local exchanges stood at AED2.7 trillion ($719 billion), reported Wam. Driven by planned market …

Posted on 06/01/2024

Dubai DFSA regulator to allow local crypto investment funds and more

DFSA ( Dubai Financial Services Authority) the regulatory arm of Dubai’s International Financial center will be updating its crypto assets regulatory …

Posted on 06/01/2024

UAE market cap soars as top 16 national companies hit AED 2.7 trillion

According to official figures, 16 listed companies accounted for about 74 per cent, or AED 2.709 trillion, of the total market capitalisation of the local stock markets …

Posted on 05/01/2024

IBS Intelligence Case Study: First Abu Dhabi Bank and VeriTouch CRM

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 …

Posted on 05/01/2024

Dubai stocks up; healthcare index top performer at ADX

The the Saudi stock market rebounded on Thursday after the previous session’s decline thanks to a strong performance among banks …

Posted on 05/01/2024

UAE condemns in strongest terms statements by two Israeli Ministers

UAE called on the international community to intensify efforts to reach an immediate ceasefire to avoid further loss of life …

Posted on 05/01/2024

Dubai stocks end in green; healthcare index top performer at ADX

ABU DHABI: Dubai stocks climbed on Wednesday, with the main index gaining 0.240%, or 10 points, to settle at 4,087.350, while ADX General Index closed slightly down at 9,650.100 pts, or 0.673% lower …

Posted on 05/01/2024

Dubai Launches Dh208-Billion Social Welfare Agenda

Dubai has launched on Thursday an ambitious Dh208 billion social welfare budget over the next 10 years, with family and people at the core of the agenda and goal of turning the emirate into one of the …

Posted on 05/01/2024

UAE condemns extremist statements by two Israeli ministers calling for Gazans’ displacement

In a statement, the Ministry of Foreign Affairs (MoFA) expressed the UAE’s categorical rejection of such offensive statements and of all practices and procedures carried out in contravention of …

Posted on 04/01/2024

Estate Planning In The United Arab Emirates: Ensuring A Smooth Transfer Of Your Business

Without a well-structured plan, business owners in the UAE risk having their hard-earned assets tangled in legal complexities.

Posted on 04/01/2024

Ajman Bank launches real estate subsidiary – Skyrise Properties

Ajman Bank, one of the leading Islamic financial institutions in the UAE, has announced the launch of Skyrise Properties, a dynamic new fully owned subsidiary focused on real estate asset management.

Posted on 04/01/2024

Dubai kids tempted by ‘glamour’ of social media influencers, parents encourage it as ‘legitimate career’ choice

Why study medicine when you could profit from likes? Dubai parents are unexpectedly embracing their children’s calls to the alluring world of influencedom …

Posted on 04/01/2024

UAE: Gold prices steady after plunging on Wednesday

The UAE gold prices were steady on Thursday morning after plunging by Dh2.75 per gram to a two-week low on Wednesday evening.

Posted on 04/01/2024

10 ways to top up your nol card in Dubai

Your search for nol card recharge stations in the city is over with these in-person and digital top up options …

Posted on 04/01/2024

Podcast about money and technology: episode eight about how Dubai became a global technology center

Money and technology will help you understand the world of finance, investments and the latest technological innovations. Our experts share their knowledge and analysis with you. Each episode contains …

Posted on 04/01/2024

UAE: Up to Dh2,000 fine for violating ban on single-use plastic

The ban is aimed at protecting the environment from pollution, limiting the consumption of plastic and regulating its use at the federal level …

Posted on 04/01/2024

10 parking lots, cinema lounge: Dubai’s largest penthouse goes on sale for Dh600 million

Super Penthouse R1 in Raffles The Palm Dubai spans a total built-up area of 77,707 sq ft and comprises the top three levels …

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