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Tag: ipo

Posted on 13/09/2023

BSP woos UAE investors to enter PHL Islamic finance sector

THE PHILIPPINES is an attractive investment destination for Islamic banking and finance, with an underserved market to tap into, an official from the Bangko Sentral ng Pilipinas (BSP) said on Tuesday.

Posted on 12/09/2023

I scooped £1.8m lottery prize – but my life spiralled after I splashed out on a trip to Dubai – it was the darkest time

A WOMAN who scooped a £1.8m lottery prize says her life spiralled after she splashed out on a trip to Dubai. What should have been an exciting and positive time for Lara Griffiths, 53, and her now …

Posted on 12/09/2023

UAE’s financial wealth set to hit $1.3tr by 2027

The UAE’s financial wealth is projected to grow at a compound annual growth rate of 5.5 per cent to $1.3 trillion by 2027 from $1 trillion in 2022 while the share of wealth held by individuals in the …

Posted on 12/09/2023

UAE banks to see 7% credit growth this year: report

UAE banks will see credit climb by seven per cent this year, according to . The credit rating agency expects that the banks of the United Arab Em …

Posted on 12/09/2023

UAE’s financial wealth to grow by 5.5% annually, reaching $1.3 trln by 2027

In 2022, 25% of the UAE’s financial wealth came from Ultra High Net Worth individuals worth more than USD 100 million …

Posted on 12/09/2023

National Bank of Fujairah partners with Living Business to provide sustainability guidance to businesses

Dubai – National Bank of Fujairah (NBF) has announced a new partnership with Living Business, designed to provide comprehensive sustainability coaching services to business customers.

Posted on 12/09/2023

UAE’s financial wealth set to reach $1.3trln by 2027 – BCG

Bonds are expected to grow the fastest with a CAGR of 8.4% between 2022 and 2027, according to Boston Consulting Group (BCG) …

Posted on 12/09/2023

Emirates Development Bank launches series of forums to foster collaboration, support national economic growth

Emirates Development Bank (“EDB” or “the Bank”), in collaboration with Make it in the Emirates initiative by the Ministry of Industry and Advanced Technology (MoIAT), today hosted EDB Connect – Dubai …

Posted on 12/09/2023

Abu Dhabi Islamic Bank launches electric vehicle finance programme

UAE – Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has launched its Electric Vehicle Finance program “VOLT”, coinciding with World EV Day. In line with ADIB’s commitment to …

Posted on 12/09/2023

Ac Holding Dubai (Hayvn) Receives Initial Approval From Vara

AC Holding Limited Dubai, trading as HAYVN, a digital asset-focused financial institution delivering Trading, Custody, Asset Management and Resea …

Posted on 12/09/2023

ICEBERG Financial Unveils New Concierge Office in Dubai

Dubai, United Arab Emirates–(Newsfile Corp. – September 11, 2023) – In its relentless pursuit of excellence and commitment to enhancing client service, ICEBERG Financial is proud to announce the …

Posted on 11/09/2023

LuLu to launch IPO in 2024 first-half

LuLu Group International, a leading global hypermarket chain and mall operator, expects to launch its initial public offering (IPO) in the first half of 20..

Posted on 11/09/2023

COP28 UAE TechSprint initiative floated to combat climate change

The Central Bank of the UAE (CBUAE), the Bank for International Settlements (BIS), the Emirates Institute of Finance (EIF) and the COP28 Presidency have launched the COP28 UAE TechSprint, a global …

Posted on 11/09/2023

UAE’s LuLu Group plans to launch IPO in the first half of 2024

Abu Dhabi’s LuLu Group International is planning to launch an initial public offering in the first half of next year and list its shares on the Abu Dhabi Securities Exchange, the region’s …

Posted on 11/09/2023

Emirates NBD boosts UAE SMEs with 34% lending boost

Emirates NBD has increased lending support to SMEs in the UAE. The banking group has reported a 34 per cent increase in lending facilities towards SMEs compared to the previous year. Emirates NBD has …

Posted on 11/09/2023

Lulu Group expects to launch IPO in H1 2024, shares to be listed in Gulf – chairman

NEW DELHI (Reuters) -Hypermarket chain and mall operator Lulu Group International expects to launch its initial public offering (IPO) in the first half of 2024, its chairman said on Monday, adding …

Posted on 11/09/2023

$26 million Infinite Blue diamond to be displayed in Dubai

The Infinite Blue diamond is coming to Sotheby’s Dubai ahead of its auction in Hong Kong. As part of its world tour before its sale on October 5, this remarkable stone will be on display for one day …

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