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Tag: ipo

Posted on 31/03/2023

Dubai’s Bayut and Dubizzle owner mulls IPO – report

Dubai-based Emerging Markets Property Group, which operates classifieds portals across the Middle East and Asia, is considering an IPO, Bloomberg reported citing people familiar with the matter. The …

Posted on 31/03/2023

UAE based AI-powered full stack commerce and embedded finance firm Sterve forays into Oman

The full stack commerce and embedded finance platform is expanding its territory after witnessing a huge traction in it’s homeland. Sterve is the first ever AI-powered integrated platform in the …

Posted on 31/03/2023

UAE Banks Federation CEOs Consultative Council holds its first meeting in 2023

Participants at the meeting called for the continuation of efforts by UAE Banks Federation under the direct supervision and guidance of the Central Bank of the UAE to maintain the highest level of …

Posted on 31/03/2023

Fintech Paymentology, Wio Bank PJSC to Streamline Banking Operations Across the UAE

Wio Bank PJSC is leveraging Paymentology’s in-cloud card issuing … as they share our vision to support small and medium-sized businesses – a vital economic segment in the UAE. This partnership will …

Posted on 31/03/2023

Expo 2020 Dubai projected to add Dh154.9 billion to UAE economy: EY study

Rob Moody, Partner – Transactions & Corporate Finance, EY, said: “As the first World Expo to be held in the Middle East, Africa and South Asia (MEASA) region, Expo 2020 Dubai has yielded substantial …

Posted on 30/03/2023

Dubai announces IPO accelerator to help businesses go public

Last year the Dubai Financial Market saw more than $8bn in IPO activity and the emirate has set ambitious targets for future growth, The Dubai Financial Market (DFM) and Dubai Chamber of Commerce, in …

Posted on 30/03/2023

IMF demanding 3 billion dollars guarantees from UAE, Saudi Arabia: Dar

The lender wants guarantees of three billion dollars from the UAE and Saudi Arabia,’ finance minister told the Senate. Ishaq Dar said that the foreign exchange reserves are improving. ‘We are trying …

Posted on 30/03/2023

UAE keen to invest further in various sectors of Pak economy Envoy

Finance Minister Senator Ishaq Dar on Wednesday said that Pakistan and the UAE are engaged in various areas including energy, refinery, petroleum and trade, however, still a lot of potential is …

Posted on 30/03/2023

DFM and Dubai Chamber launch programme to catapult businesses into IPO track

The Dubai Financial Market (DFM) and the Dubai Chamber of Commerce have launched a programme to help regional private businesses grow and list on the local bourse, building on the momentum of the …

Posted on 30/03/2023

DFM and Dubai Chamber of Commerce launch a comprehensive program to fast-track businesses’ journey to IPO

The Program is supported by 20 regional and global advisors and will be initiated in May 2023 with its first event …

Posted on 30/03/2023

Dubai Financial Market and Dubai Chamber of Commerce launch IPO accelerator programme

The Dubai Financial Market (DFM) and Dubai Chamber of Commerce, in partnership with 20 regional and global advisors, on Thursday announced the launch of an..

Posted on 30/03/2023

UAE participates in the Second Infrastructure Working Group Meeting under the G20 Finance Track for 2023

The meeting sought to discuss the progress made on the group’s work plan for 2023 under the Indian G20 Presidency …

Posted on 30/03/2023

Gulf markets gain on steady oil, receding bank fears

Gulf stock markets opened slightly up on Thursday, tracking Asian peers and oil prices higher, helped by improving investor sentiment as concerns over a recent banking sector crisis eased.

Posted on 30/03/2023

Middle East’s best private bank for digital 2023: Emirates NBD

Emirates NBD has put a strong focus on digital and mobile banking for its private banking clients and wider customer base in 2022.

Posted on 30/03/2023

UPDATE 1-Saudi Arabia’s Al Rajhi Bank to raise $1 bln with sukuk

DUBAI, March 29 (Reuters) – Saudi Arabia’s Al Rajhi Bank is set to raise $1 billion with five-year sustainable Islamic bonds, a document from one of the banks arranging the deal showed on Wednesday.

Posted on 30/03/2023

UAE participates in 2nd Infrastructure Working Group Meeting under G20 Finance Track for 2023

The UAE participated in the second Infrastructure Working Group (IWG) meeting under the G20 Finance Track for 2023, which was held in Visakhapatnam, India, on the 28th and 29th March to discuss the …

Posted on 30/03/2023

UAE leadership change: Full details revealed

The UAE leadership change was made through a series of appointments on Wednesday UAE leadership change: Full details revealed Sheikh Hazza bin Zayed Al Nahyan, Sheikh Khaled Bin Zayed Al Nahyan, …

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