Tag: ipo

The UAE has announced the federal budget for 2024-2026 as it looks to set spending for the years ahead. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, …

Al Salam Bank has been named the ‘MENA Retail Bank of the Year’ for 2023, recognizing the Bank as one of the region’s leading financial institutions. Th …

Dubai-based investment bank Shuaa Capital will use a rights issue to ‘extinguish losses’ and repay its upcoming bond maturity according to a bourse filing today, following the exit of its largest …

A top UAE official said the global stocktake to take place at Cop28 should be seen as a “moment of hope”.Speaking at the Middle East and North Africa climate week on Sunday, Majid Al Suwaidi called …

Oman’s OQ Gas Networks (OQGN), the pipeline business of state oil giant OQ, is expected to price its $771 million initial public offering (IPO) at the top of the marketed range, according to terms …

Dubai remains the top global destination for attracting Greenfield Foreign Direct Investment (FDI) projects, with the emirate attracting 511 greenfield projects in H1 2023, as per Financial Times ‘fDi …

The United Arab Emirates, represented by the Ministry of Finance, announced its participation in the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) taking …

Originally from Estonia but a long-term resident of Japan, and Japanese speaker, Raul Allikivi has successfully negotiated the regulatory climate in Tok …

In the presence of H.E. Khaled Mohamed Balama Governor of the Central Bank of the UAE (CBUAE) and Chairman of the Board of Directors of the Emira …

World Bank has revised the UAE’s GDP growth forecast for 2023 and 2024 on the back of strong growth in oil and non-oil sectors. The latest …

This guide provides an overview of the principal legal issues for foreign investors considering doing business in the United Arab Emirates (the UAE). Formed on December 2, 1971, the UAE is a federal …

The UK’s shadow foreign secretary David Lammy met the UAE’s Minister of Foreign Affairs Sheikh Abdullah bin Zayed to discuss bilateral relations. Co-operation between the UAE and Britain on renewable …

ABU DHABI – First Abu Dhabi Bank (FAB), UAE’s largest bank and one of the world’s largest and strongest financial institutions, successfully issued its inaugural USD Tier 2 capital securities on …

Emirates NBD, Dubai’s largest lender, has rolled out a digital wealth platform targeting stock market investors, as the initial public offering (IPO) boom continues in the UAE and the rest of the …

DUBAI: Dubai’s stock index closed higher on Friday, following global equities over hopes of a subdued US payrolls number later in the day, though Abu Dhabi shares bucked the trend. MSCI’s All-Country …

UAE’s largest bank and one of the world’s largest and strongest financial institutions, successfully issued its inaugural USD Tier 2 capital securities on Tuesday, September 26, 2023. The USD 1 …

The funds will also be used to repay a bond due at the end of October Shuaa is seeking consent from bondholders to extend the payment deadline for the debt because the rights issue is unlikely to be …