Tag: ipo

Ripple gains DFSA licence to expand crypto payments in the UAE, securing over 60 global approvals & attracting institutional interest in XRP.

Registrants must notify the FTA of any changes to their data within 20 business days using the approved form and mechanism in the UAE …

Ripple secures DFSA license, entering the $40B UAE payments market to offer blockchain-enabled crypto services in the DIFC.

RemotePass, a UAE-based global payroll platform, has partnered with Wafeq, a leading UAE-based accounting software provider, to fully automate payroll accounting for businesses in the UAE and KSA.

Cryptocurrency and blockchain solutions company Ripple aims to serve major companies in the UAE after Dubai granted it the first licence to provide regulated crypto payments and services in the …

An Abu Dhabi-based investment company has invested $2 billion in the Binance crypto exchange. It is the single-largest investment into a crypto venture ever.

The UAE banking sector will remain resilient amid potential Russia-Ukraine ceasefire and a subsequent likely softening  of the country’s residential real estate market, say analysts at S&P Global …

Residents in the UAE will have more co-badged Jaywan cards for making payments within the country and outside as Al Etihad Payments (AEP) signs deals with Mastercard and UnionPay. A subsidiary of the …

Dubai recently introduced updates to its two-year employment visa system, making the process faster and more efficient through AI-driven automation and digital streamlining. With the changes, UAE’s …

Dubai-based robotics manufacturer Micropolis Holding has raised $15.5 million in proceeds from its initial public offering (IPO) on the New York Stock Exchange (NYSE) American. The company, which …

Positive Zero, a Dubai-based decarbonisation company backed by US private equity firm BlackRock, is building the scale of its business as it considers an initial public offering (IPO) and plans to …

Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, met in Paris with Eric Lombard, Minister of the Economy, Finance and Industry of France. The meeting …

In 2024, Dubai attracted AED52.3 billion ($14.24 billion) in estimated FDI capital, a 33.2 percent increase from AED39.26 billion ($10.69 billion) in 2023, marking the highest FDI value ever recorded …

The initiative also seeks to establish a sustainable endowment fund dedicated to providing healthcare and treatment for those in need. Stay up to date with the latest news …

Alpha Data offered a total of 40 per cent of its total issued share capital through the sale of 400 million existing ordinary shares at Dh1.5 per share, implying a market cap of Dh1.5 billion …

Shares in Abu Dhabi’s Alpha Data surged on the company’s bourse debut, outperforming a subdued main market index. The first-day performance of the IT services provider contrasts with the struggles of …

I’ve experienced firsthand Dubai’s tax-friendly policies, which I credit with helping my company scale operations and retain more earnings.