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Tag: ipo

Posted on 18/09/2023

Dubai’s Economic Powerhouse: Women At The Helm Of Progress And Innovation

In Dubai’s dynamic economy, women have emerged as architects of progress, leaving an indelible mark across sectors. Their influence isn’t confined; it’s woven into the fabric of finance, technology, healthcare,

Posted on 18/09/2023

Shuraa partners with Wio to provide digital banking services in UAE

Shuraa Business Setup, among the leading corporate consultancies in the UAE, recently formed a strategic partnership with one of UAE’s top digital banks — ..

Posted on 18/09/2023

Oman’s OQ Gas Networks sets price range for IPO

DUBAI, Sept 18 (Reuters) – Oman’s OQ Gas Networks (OQGN), the pipeline business of state oil giant OQ, has set the offer price range for its initial public offering (IPO), it said in a regulatory …

Posted on 18/09/2023

Baker McKenzie bolsters Middle East banking and finance practice with new partner hire in the UAE

Dubai, UAE: Leading international law firm Baker McKenzie has hired Adil Hussain from Clyde & Co as Partner and Head of the Banking & Finance practice in the UAE, and Global Head of Islamic Finance.

Posted on 18/09/2023

Dubai Sustainable City Developer Considering 2024 IPO

SEE Holding, which developed the Middle East’s first residential community to achieve net zero, is considering an initial public offering of its Sustainable City entity in the United Arab Emirates, …

Posted on 18/09/2023

Top UAE banks’ combined H1 2023 profit hits $7.4bn

UAE’s banking sector continues to stand on firm financial ground and are poised to navigate through the broader macroeconomic landscape.

Posted on 18/09/2023

Uae Records Fiscal Surplus As Revenues Grow 31.8% In 2022

The government recorded a fiscal balance surpin 2022 as revenues grew at a staggering 31.8 per cent, supported by high oil prices, increased tax rev …

Posted on 17/09/2023

UAE government revenues grow 31.8% in 2022

The UAE government revenues grew at a staggering 31.8 per cent last year, supported by high oil prices as well as strong growth in the …

Posted on 17/09/2023

UAE bank launches app for visually impaired in first service of its kind

A UAE-based bank has updated its app with a screen reader to serve people with visual disabilities as the first service of its kind in the country. This came after a visually challenged customer …

Posted on 16/09/2023

UPDATE 1-Saudi-backed oil and gas driller ADES expected to price IPO at top of range

By Hadeel Al Sayegh and Pablo Mayo Cerqueiro DUBAI/LONDON, Sept 14 (Reuters) – Oil and gas driller ADES Holding is expected to price its initial public offering (IPO) at the top of a range announced …

Posted on 16/09/2023

UAE to circulate COP28 draft declaration on food security

In an interview, UAE’s climate change and environment minister Mariam Al Mehairi said COP28, under the UAE presidency, aims to transform food systems to ensure that it is part of national climate …

Posted on 15/09/2023

Dubai’s FIVE Hotels Publishes Financial Results for First Time

One of Dubai’s top hotel holding companies suddenly posts two and … FIVE Holdings declined to comment when asked by Skift whether it was considering an IPO. FIVE shared the results on its website, …

Posted on 15/09/2023

Dubai and Hong Kong Signs Memorandum of Understanding To Promote Financial Cooperation, Including Virtual Assets

The MoU will facilitate policy communication between the two cities to explore development in family offices, fintech, green and sustainable finance.

Posted on 15/09/2023

ICEBERG Financial Takes Centre Stage at Dubai Forex Exhibition: New Offerings, Personalized Meetings, and Exclusive Gifts Await

Dubai, United Arab Emirates–(Newsfile Corp. – September 15 … Together, let’s explore innovations that promise to shape the future of investments and finance. Media Contacts: Name: Public Relation : …

Posted on 15/09/2023

New UAE lending rules: Banks need to give serious thought to ‘sufficient’ loan guarantees

UAE lenders must fine-tune their understanding of collateral needs to gel with courts Financial institutions in the UAE may need to re-assess their loan books in response to two recent banking law …

Posted on 15/09/2023

Standard Chartered and Dubai Department of Economy and Tourism sign cooperation agreement

Hong Kong – Standard Chartered announced the signing of a Cooperation Agreement with Dubai Department of Economy and Tourism to jointly promote business growth and development opportunities between …

Posted on 15/09/2023

CORRECTED-PIF-backed oil and gas driller ADES expected to price IPO at top of range

By Hadeel Al Sayegh and Pablo Mayo Cerqueiro DUBAI/LONDON, Sept 14 (Reuters) – Oil and gas driller ADES Holding is expected to price its initial public offering (IPO) at the top of a range announced …

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