Investors walk under a stock index board at the Dubai Financial Market in Dubai, United Arab Emirates, January 8, 2020. REUTERS/Christopher Pike March 17 (Reuters) – Stock markets in United Arab …
The way to pay your rent, school fees and more in Dubai has changed
It’s time to kick cheque books to the kerb when paying your monthly bills in Dubai as the UAE Central Bank (CBUAE) has announced a Direct Debit Marketplace. A first for the UAE, the marketplace can be …
UAE President orders provision of $3m to rebuild West Bank village of Huwara
President of the United Arab Emirates (UAE) Sheikh Mohamed bin Zayed has ordered the provision of three million dollar to help rebuild the West Bank village of Huwara set ablaze by hard-line Jewish …
UAE increases USD300m in second T-bond auction
The United Arab Emirates (UAE) continues to diversify its funding base by raising 1.1 billion dirhams (USD300 million) from the second auction of con …
UAE: Al Ansari Announces IPO Price Range Starting At Dh1 Subscription Begins Today
The IPO subscription period starts today and runs until March 23 for the UAE Retail Offering and March 24 for the Qualified Investor Offering. The final offer price will be determined through a …
UAE’s Al Ansari sets IPO price, shares valued between AED1 and AED1.03
The IPO subscription period began on March 16, and will end on March 23 UAE’s Al Ansari sets IPO price, shares valued between AED1 and AED1.3 Al Ansari Exchange, Al Ansari Exchange IPO, Al Ansari …
Watch: Al Ansari Financial Services sets IPO range at Dh1-Dh1.03; National Bonds comes as cornerstone investor
Image Credit: Clint Egbert/Gulf News Dubai: Al Ansari Financial Services has set a price range of Dh1-Dh1.03 for its IPO opening for subscription today (March 16), and aiming to be the first of more …
UAE raises USD300m from second auction of conventional dirham-denominated treasury bond issuance
The United Arab Emirates (UAE) has raised 1.1 billion dirhams (USD300 million) from the second auction of conventional dirham-denominated treasury bo …
UAE to donate $3 million to rehabilitate Palestinian town ravaged by settlers
The UAE — which is serving as Arab League’s representative on the United Nations Security Council — requested an emergency meeting of the forum in the wake of the attack, amid spiraling violence in …
UAE to provide assistance of $3m for reconstruction of raided Palestinian town
Bezalel Smotrich, Israel’s finance minister and an extreme-right settler, later said “Huwara needs to be wiped out”, sparking widespread condemnation, including from the UAE, the UN, the United States …
Dubai records over AED2.1 bn in realty transactions Thursday
DUBAI, 16th March, 2023 (WAM) — Dubai real estate market recorded 635 sales transactions worth AED1.56 billion, in addition to 107 mortgage deals of AED505.91 million, and 31 gift deals amounting to …
Missed out on an IPO? Here’s how you can still benefit if you did
UAE experts explain why Missing out on an IPO is quite common among both newbie and veteran investors. Here’s how you can still benefit if you did. Image Credit: Shutterstock Dubai: The fear of …
Most Middle Eastern bourses slide further as bank turmoil jolts markets
Investors walk under a stock index board at the Dubai Financial Market in Dubai … A week ago start-up lender Silicon Valley Bank in California failed, and now a systemic bank in one of Europe’s …
UAE Central Bank approves paperless direct debit marketplace to ease recurring payments
The UAE Central Bank has approved a paperless direct debit marketplace to provide payers as well as merchants an all-in-one solution to making regular monthly payments. Launched in September last year …
UAE pledges $3 mn to rebuild Palestinian town raided by settlers
Anwar Gargash, a senior adviser to the UAE president, called the $3 million pledge an “authentic” expression of the country’s “consistent and firm” support for the Palestinian people. The West Bank, …
UAE government revenue surges 7% in fourth quarter to $39bn
The UAE economy continues to withstand global headwinds and is expected to achieve 4.2 per cent in non-oil economic growth by the end of this year, Mohamed Al Hussaini, Minister of State for Financial …
Dubai Islamic Bank shareholders approve 30% dividend for 2022
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