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Tag: ipo

Posted on 06/09/2023

ADCB prices $650 million green bond to support UAE’s net-zero transition

Abu Dhabi Commercial Bank PJSC (ADCB) has announced that it has successfully priced a $650 million green bond, the proceeds of which will be used to finance eligible green assets as outlined in ADCB’s …

Posted on 06/09/2023

Dubai real estate buyer’s guide: How to invest in your first UAE property

“Investing in the UAE property market requires a mix of research, expert advice and most importantly feeling confident in the market. For first-time buyers, it’s always advisable to seek guidance from …

Posted on 06/09/2023

ADCB prices USD 650 million green bond to support UAE’s transition to a net zero economy

Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) has announced that it has successfully priced a USD 650 million green bond, the proceeds of which will be used to finance eligible green assets as outlined in ADCB’s Green Bond Framework.

Posted on 06/09/2023

Emirates NBD launches Sustainable Finance Framework

HSBC and ING acted as Sustainability structuring banks in developing the Framework which is in line with the Group’s ambition to promote further lending and investments

Posted on 06/09/2023

Bank of Sharjah Acts as Mandated Lead Arranger in a USD 500M Financing for The Govt. of Sharjah

Bank of Sharjah one of the leading commercial banks in the UAE, continues to be committed to developing and expanding its financing efforts locally. Acc …

Posted on 06/09/2023

UAE’s Landmark Group to add hundreds of stores but no IPO plans on horizon

The UAE’s Landmark Group continues to witness strong demand for physical retail and expects to open hundreds of stores in the years ahead, but it will depend on internal funding for expansion with no …

Posted on 06/09/2023

COP28 Presidency announces $4.5 billion UAE finance initiative to unlock Africa’s clean energy potential

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-Designate, today announced a UAE finance initiative that will provide US$4.5 billion to help unlock …

Posted on 06/09/2023

UAE announces $4.5 billion finance initiative for African clean energy

The United Arab Emirates will give $4.5 billion to Africa’s clean energy initiatives, COP28 President-Designate Sultan Al Jaber said on Tuesday. (Reporting by Duncan Miriri; writing by George Obulutsa …

Posted on 06/09/2023

UAE announces $4.5bn initiative to support deployment of clean energy in Africa

Designate, Dr Sultan Al Jaber, at the African Climate Summit, the UAE finance initiative will help unlock Africa’s clean energy potential …

Posted on 05/09/2023

UAE announces $4.5bn initiative to unlock Africa’s clean energy potential

In sub-Saharan Africa alone, 600 million people live without access to electricity.Delivering greater access to clean energy will drive social and economic development. COP28 President-designate …

Posted on 05/09/2023

Dubai ruler investment vehicle weighs sale of 25% stake in fashion retailer Azadea

Dubai Holding, the investment vehicle of Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum, is weighing the sale of its minority stake in Azadea Group, which operates Inditex franchises in the …

Posted on 05/09/2023

Uptown Tower welcomes office tenants as DMCC expands capacity to accommodate FDI demand

Dubai, UAE: DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has welcomed the first wave of commercial office tenants into its …

Posted on 05/09/2023

UAE Ministry of Finance launches ‘The Future of Finance’ campaign

The campaign highlights top young talents and some of the most skilled individuals working in the financial sector today …

Posted on 05/09/2023

UAE invests $5bn in Africa’s clean energy potential, carbon credits

Saharan Africa alone, 600 million people live without access to electricity.Delivering greater access to clean energy will drive social and economic development. COP28 President-designate Sultan …

Posted on 05/09/2023

It’s now easier to open a digital bank account in the UAE if you’re a non-resident Indian

And now, in an effort to improve financial inclusion, non-resident Indians (NRIs) can open a digital bank account in the country. The move has been enabled by a collaboration between Mashreq NEO and …

Posted on 05/09/2023

Bank of Sharjah acts as mandated lead arranger in a $500mln financing for the Govt. of Sharjah

Commenting on this transaction, Mr. Mohamed Khadiri, CEO of Bank of Sharjah said: “The successful closing of this financing underscores Bank of Sharjah’s unwavering commitment to support the strategic …

Posted on 05/09/2023

COP28 Presidency Announces US$4.5 Billion UAE Finance Initiative to Unlock Africa’s Clean Energy Potential

Africa50, which is an investment platform established by African governments and the Africa Development Bank (AfDB), has also joined the UAE finance initiative. Africa50 was founded to help solve the …

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