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Tag: ipo

Posted on 30/10/2023

UAE’s new housing policy allows citizens to resell houses, transfer mortgage

Cabinet meeting chaired by Sheikh Mohammed announces UAE Government Annual Meetings, formation of Emirates Drug Establishment …

Posted on 30/10/2023

Dubai to host AI & Web3 Festival on 11-12 September

The ‘Dubai AI and Web3 Campus’ today announced the inaugural ‘Dubai AI & Web3 Festival’ organised by Dubai International Financial Centre (DIFC), …

Posted on 30/10/2023

Dubai Financial Market posts 109% rise in net profit for the first nine months of 2023

Image Credit: Shutterstock Dubai Financial Market (DFM) posted a 109 per cent jump in net profit to Dh186.2 million during the first nine months of 2023, driven by an evident increase in the number of …

Posted on 30/10/2023

COP28 in UAE: Map to fast-tracking energy transition unveiled to keep 1.5°C within reach

The COP28 Presidency, the International Renewable Energy Agency (IRENA), and the Global Renewables Alliance (GRA) have launched a joint report on fast-trac..

Posted on 30/10/2023

Dubai Taxi plans to raise $300mln from IPO next month – Report

Dubai Taxi Corporation, a unit of Dubai’s transport regulator, plans to raise nearly $300 million from a listing on the local bourse next month, Bloomberg reported, citing informed sources.

Posted on 30/10/2023

XRP Community Expects Ripple Labs To Announce IPO At Dubai Event

Ripple Swell is the flagship two-day event of the blockchain firm that centers on “discussions on topics that are most important to the finance industry today.” …

Posted on 30/10/2023

To triple renewable energy, the Global South needs finance

A renewable energy target will be debated at Cop28 but more finance is needed for the Global South outside China to meet that target …

Posted on 30/10/2023

UnaFinancial seeks $15m for its digital finance app in UAE

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 30/10/2023

Wintershall Dea Q3 net profit plunges 86%, UAE project weighs

Most of the impairments came from higher costs at the UAE Ghasha, in which the company has a 10% stake, Chief Financial Officer Paul Smith told reporters. “Capital costs have gone up and that’s now …

Posted on 30/10/2023

4 Digital Banking apps for tech-savvy Gen Z in the UAE

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 30/10/2023

National Bank of Fujairah participates in new Aani payments platform

Dubai – The National Bank of Fujairah (NBF) has confirmed its participation in Aani, a cutting-edge instant payments platform launched this week by Al Etihad Payments, a subsidiary of the Central Bank …

Posted on 30/10/2023

Economic, Financial and Political Tensions on Agenda for AM Best’s Annual MENA (Re)Insurance Market Briefing

AM Best will host its annual MENA Insurance Market Briefing on 17 November 2023, at 9:00 a.m. (GST), at the Fairmont Dubai to discuss the potential im …

Posted on 30/10/2023

UAE economy expands by 3.7% in first half on ‘staggering’ non-oil growth

The UAE economy expanded by 3.7 per cent annually in the first half of the year, driven by strong non-oil sector growth as the country continues to pursue its diversification goals, Minister of …

Posted on 30/10/2023

UAE and Türkiye embark on a new strategy to bolster trade and investment

In the next 50 years, the two countries will work towards fostering bilateral and constructive cooperation in diverse fields …

Posted on 30/10/2023

UAE and Türkiye elevating relations to the level of a strategic partnership

Tugay Tuncer, Ambassador of the Republic of Türkiye to the UAE, says people-to-people ties will continue to guide our future relationship …

Posted on 30/10/2023

UAE and Türkiye set to boost comprehensive bilateral ties

Saeed Thani Hareb Al Dhaheri, UAE Ambassador to the Republic of Türkiye, says the economy stands as a cornerstone of expanding collaboration between the two …

Posted on 30/10/2023

COP28 President says world must unite on climate action and deliver in Dubai

The COP process must succeed and deliver, COP28 President Dr. Sultan Al Jaber stressed. “We have to come through. We must unite. We must act. And we must deliver in Dubai,” he told delegates at Pre-CO …

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