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Tag: ipo

Posted on 29/06/2023

Mbank collaborates with Khalifa Fund to launch its corporate banking platform

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 29/06/2023

Corporate tax in UAE free zones: All you need to know

In a landmark decision on June 1, the UAE introduced corporate tax businesses operating in the country. The move is a significant step in the UAE’s efforts..

Posted on 29/06/2023

UAE: Tax for Indian tourists on overseas spending postponed

This follows the Indian Finance Ministry’s decision to postpone the imposition of a 20 per cent tax on this category …

Posted on 29/06/2023

ACME-Worawat Ventures into Global Market with $300 Million Investment in UAE

Worawat Narknawdee, a renowned fintech tycoon, has invested $300 million in the UAE and formed a partnership with the global company TransEuro Group as a consultant.

Posted on 29/06/2023

UAE’s economy confirms its strength with a GDP growth of 7.9%, surpassing expectations of analysts and international institutions

The UAE’s GDP in 2022 at constant prices totalled AED1.62 trillion, achieving a positive growth of 7.9 percent, while totalling AED1.86 trillion at current prices, an increase of more than AED337 …

Posted on 29/06/2023

UAE national banks provide $201bn in financing by April

UAE national banks increased their credit balance by Dhs2.1bn or 0.3 per cent in April, up from Dhs735.2bn a month earlier.

Posted on 28/06/2023

Trio Advise on $888M Saudi Grain Products IPO

Legal Advisors Abdulaziz Alajlan & Partners in association with Baker McKenzie have advised First Milling Company, a Saudi producer of grain products, on its SAR 3,330 million ($888 million) initial …

Posted on 28/06/2023

Julius Baer to Expand Crypto Ambitions With Dubai License

Julius Baer is expanding its crypto wealth management services in Dubai, marking the firm’s first major digital-assets push beyond the borders of its native Switzerland.

Posted on 28/06/2023

What’s next on the road from Paris to Dubai for climate finance

In Paris, the presence of leaders predominantly from the group of countries known as the Global South for the finance summit, co-hosted by Barbados’ prime minister Mia Mottley, has put them in “the …

Posted on 28/06/2023

Dubai-based Orient Finance unveils Demo Trading Accounts

The demo account is accessible around-the-clock and is designed to endorse trading capabilities and skills while facilitating strategy development …

Posted on 28/06/2023

UAE-India Economic Summit to mark opening of SBI Caps office in Abu Dhabi

There will be panel discussions covering topics like startups, sustainability and green energy, capital markets, stressed asset resolution …

Posted on 28/06/2023

Dubai resident scammed off Dh4,848 while ordering burger, fries, drink and toys online

The Dubai Police have earlier reminded the public to be vigilant against fraudsters, especially during holidays when many bogus sites offer big discounts resembling …

Posted on 27/06/2023

Dubai’s Sheikh Mohammed and Sheikh Hamdan share Eid Al Adha 2023 wishes

Dubai rulers and Crown Prince share warm wishes people in the UAE and beyond ahead of Eid Al Adha Dubai’s Sheikh Mohammed and Sheikh Hamdan share Eid Al Adha 2023 wishes Dubai, Eid, Eid 2023, Eid Al …

Posted on 27/06/2023

UAE’s new graduates are having it easy as hiring streak turns red-hot, with finance jobs a prime choice

UAE’s hiring spree extends to fresh graduates with right credentials A career in finance seems to be an obvious preference for UAE’s graduates these days. There will definitely be demand for …

Posted on 27/06/2023

UAE banks reap the benefits of an economic boom

UAE banks reported higher net profits in Q1 2023, as the strong economic growth helped drive an increase in net interest income.

Posted on 27/06/2023

UAE: National banks provide $11.06bln in financing to commercial, industrial sectors over 12 months

National banks had provided $200.89bln in credit to the business and industrial sectors: Central Bank of the UAE …

Posted on 27/06/2023

Celebrities Flocking To The UAE As New Capital Of Plastic Surgery

Celebrities are flocking to the Middle East for the latest in plastic surgery, and it’s all the work of one man…Dr. Bouroui Kotti.

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