Tag: ipo

Dubai, a city where buildings rise high as the sky in every corner with an exciting business atmosphere, attracts investors and entrepreneurs from all over the world. The most vital of its varied …

In a groundbreaking move, Akshay Naheta, a former executive at SoftBank, has unveiled a new stablecoin pegged to the United Arab Emirates Dirham (UAE). This innovative financial instrument, named DRAM …

OKX, a leading global Web3 technology company and crypto exchange, today announced that it is the Title Sponsor and Premium Partner of Blockchain Economy Dubai Summit, the world’s largest blockchain …

Established in 1975, DIB is the largest Islamic bank in the UAE and the second largest in the world. Driven by the bank’s customer-centric approach and its commitment to sustainable digital …

TOM Group is an integrated, comprehensive financial services group with an established presence in the digital space and a perfect entry strategy for Dubai Islamic Bank. The UAE bank will acquire 20 …

Abu Dhabi’s non-oil economy expanded briskly in the second quarter as its efforts to become a hub for hedge funds and other financial firms start to pay off.

The banks will arrange a series of investor meetings on Monday, followed by an issuance of benchmark-sized Islamic bonds …

Dubai Islamic Bank (DIB) has entered the Turkish digital banking and financial technology sector through an equity investment in T.O.M. Group of Companies, according to a press release. Established by …

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Dubai Islamic Bank PJSC (“DIB”), largest participation bank by asset size in the United Arab Emirates, will become a shareholder in T.O.M. Group of Companies (“T.O.M. Group”), which was established by …

While Europe has long been recognised as a hub for AIFs, with Luxembourg as one of the top respected investment destinations, the UAE has emerged as a strong contender. In recent years, it is …

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Fo …

The Central Bank of the UAE and the Central Bank of Egypt have signed a bilateral currency swap agreement to boost economic ties between the countries. The size of the agreement is between Dh5 billion …

Read: How Do Kwon Went From Crypto King to Fugitive to Jail: QuickTake Singapore isn’t the only jurisdiction to have take action against the former hedge fund managers. Dubai’s crypto regulator fined …

The emergence of Black Banx marks a new era in Middle Eastern banking characterized by innovation, accessibility and empowerment. It reflects the dynamic spirit of transformation essential for the …

The next global hedge fund centre – opportunities and outlook’ reveals Dubai’s growth and increased role as a global hub for hedge funds and alternative investments.

The hedge fund collapsed in 2022, and interconnections within the industry … In May, the pair were also reprimanded by Dubai’s crypto regulator for operating their new venture, a bankruptcy exchange …