Tag: ipo

Al Ansari Financial Services on Friday announced that it has increased the number of UAE retail shares in its initial public offering (ipo) – raisin …

The UAE has emphasised the significance of impact investing in achieving sustainable development goals and promoting the G20 roadmap for sustainable finance. This was highlighted as the UAE …

The Dubai real estate market recorded AED1.8 billion worth of transactions on Thursday, March 23. Yesterday’s property deals included sales transactions worth AED1.44 billion, 94 mortgage deals of …

Central Bank of United Arab Emirates (CBUAE) is close to releasing its central bank digital currency (CBDC), called the digital dirham. It’s believed that the currency will support domestic and …

Al Ansari Financial Services, the UAE money and exchange company, has increased the number of shares allocated to retail investors in its initial public offering due to “strong demand”. The retail …

Dubai remittance company retains overall IPO size at 10% Dubai: Al Ansari Financial Services has increased the size of the retail component of its IPO to 7.5 per cent from 5 per cent, given the scale …

Profitability of the four largest banks in the UAE will continue to grow this year amid rising interest rates and the reversal of pandemic-related provisions charges as the Arab world’s second-largest …

We’ll start with a brief overview of the Dubai financial market and its history. Then, we’ll look at the different types of investments you can make in Dubai and the risks and benefits associated with …

The UAE Central Bank has begun implementing its digital currency strategy, Digital Dirham, as it prepares the country’s infrastructure for the future of finance. It signed an agreement with Abu …

Following several successful CBDC initiatives including Project “Aber” with the Saudi Central Bank in 2020, which confirmed the possibility of using a digital currency issued by two central banks to …

Srinagar/IBNS: A UAE-India Investor Summit took place in Srinagar city on March 19. Entrepreneurs from various emirates held meetings with representatives of the Jammu and Kashmir government, …

Dubai, UAE – As global efforts to tackle climate change continue to gather momentum, pressure is mounting on the Middle East finance sector to play i …

RIYADH,23rd March, 2023 (WAM) –The Ministry of Finance (MoF) of the United Arab Emirates participated in the GCC Common Market Committee meetings, held from March 19th to 21st at the headquarters of …

The Central Bank of the UAE (CBUAE) will be implementing its Central Bank Digital Currency (CBDC) strategy titled ‘The Digital Dirham’. In a joint signing ceremony with G42 Cloud and R3, CBUAE has …

The UAE was one of four Arab nations to normalize relations with … The report specifically cited the statements of Finance Minister Bezalel Smotrich, who said during a speech in Paris this week that …

The company and Morgan Stanley’s representatives have told investors that Saudi Arabia’s Water and Electricity Holding Company, part of the country’s sovereign wealth fund, and United Arab Emirates’ …

Emirati officials echoed that disapproval. “The UAE has condemned statements by Israeli Minister of Finance Bezalel Smotrich in which he denied the existence of the Palestinian people,” the UAE …