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Tag: ipo

Posted on 24/02/2025

‘Not my signature’: Embattled tycoon BR Shetty vows to appeal $106 mn Dubai court award to ICICI Bank

While handwriting experts confirmed that it was his signature on the personal guarantees for loans given to his now-bankrupt healthcare company, Shetty has disputed the findings.

Posted on 24/02/2025

Bank of America’s Mensah sees deals slowdown as investors wait for Trump

Bank of America’s International President Bernard Mensah says the bank sees a slowdown in mergers and acquisitions as corporate leaders wait to see in which direction US President Donald Trump will …

Posted on 23/02/2025

Investopia 2025 to develop innovative insights into future investment, finance opportunities in global economic landscape

Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, the UAE capital, Abu Dhabi, will host the fourth …

Posted on 23/02/2025

Investopia 2025 to discuss investment, finance opportunities

Under the patronage of His Highness Sheikh Mansour Bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, the …

Posted on 22/02/2025

RAK Ruler appoints Director General of Department of Finance

The decree is effective from the date of issuance and will be published in the official gazette. Salem Al Owais brings extensive expertise in leading …

Posted on 21/02/2025

UAE’s significant progress in media identity indicators showcases its growing global influence: Abdulla Al Hamed

Abdulla bin Mohammed bin Butti Al Hamed, Chairman of the National Media Office and Chairman of the UAE Media Council, affirmed that the UAE’s progress in the Nation Brand Performance Index, as …

Posted on 21/02/2025

Best New Banknote of 2025 Title Goes to UAE’s AED 500

The Central Bank of the United Arab Emirates (CBUAE) has made history by winning the Best New Banknote Issue for 2025 award in the Europe, Middle East, and Africa (EMEA) region. This prestigious …

Posted on 21/02/2025

UBF organises 4th edition of Cyber Wargaming under the supervision of Central Bank of the UAE and Cyber Security Council

This initiative is part of ongoing efforts to develop the banking sector, protect its digital infrastructure, and provide a seamless and secure banking experience for all customers …

Posted on 21/02/2025

UAE IPO: Alpha Data announces offer price range

The completion of the offering and the listing of Alpha Data shares on ADX is subject to market conditions and obtaining all necessary regulatory approvals …

Posted on 20/02/2025

DIFC unveils flagship future of finance report series

Dubai International Financial Centre (DIFC) in collaboration with its research partner Asia House, reveals the key drivers behind the deep and broad transformation of the global financial services …

Posted on 20/02/2025

UAE banks led by FAB finance $232mln to energy trader BGN

The Abu Dhabi Exports Office (ADEX) and a group of UAE lenders led by First Abu Dhabi Bank (FAB) have more than doubled a financing arrangement for global energy trader BGN. The oversubscribed …

Posted on 20/02/2025

UAE: DTC delivers robust FY 2024 EBITDA growth of 19% YoY to $159.1mln

Dubai Taxi Company PJSC, a leading provider of comprehensive mobility solutions in Dubai, today announced its financial results for the year ended 31st December 2024.

Posted on 20/02/2025

Saudi healthcare group SMC Hospitals hires banks for IPO, sources say

Saudi Arabian healthcare group SMC Hospitals has hired banks for a potential initial public offering (IPO) on the local bourse this year, three sources with knowledge of the matter told Reuters.

Posted on 20/02/2025

Alpha Data aims to raise $163m from Abu Dhabi IPO amid strong interest

UAE technology company Alpha Data aims to raise up to Dh600 million ($163.4 million) through its initial public offering on the Abu Dhabi Securities Exchange, in a sign of strong demand for listings.

Posted on 20/02/2025

DIFC unveils flagship Future of Finance report series, publishes first report on the global finance and investment outlook

First report in six-part Future of Finance series highlights emerging trends, shifting capital flows and high-growth opportunities in the global financial landscape …

Posted on 20/02/2025

Dubai International Financial Center marks 20 years, strengthens ties with China

Dubai International Financial Center (DIFC), located in the United Arab Emirates (UAE), has strengthened its position as the leading financial hub in the Middle East, Africa and South Asia region …

Posted on 20/02/2025

UAE: Alpha Data IPO opens for subscription, announces offer price range

Alpha Data on Thursday announced an offer price range of Dh1.45-Dh1.5 per share as its initial public offering (IPO) opened for subscription. This implies its market capitalisation of Dh1.45- Dh1.50 …

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