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Tag: ipo

Posted on 25/10/2022

Creative Zone and Wio Bank announce channel partnership

To transform the way business banking is done by digitalising and eliminating common pain points experienced by SMEs and entrepreneurs …
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Posted on 25/10/2022

Why Dubai apartments are the choice ahead of villas for property hunters again

Apartments in Dubai are the preference of buyers once again in a reversal of the pivot to villa and town house living during the early part of the coronavirus pandemic. Villas became more attractive …
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Posted on 25/10/2022

UAE firms keener to invest in the metaverse, IoT and intelligent automation than global counterparts KPMG study shows

KPMG UAE Tech Report 2022 revealed that a majority (93%) of UAE businesses plan to invest in the metaverse Dubai, UAE: Organizations in the UAE are paving the way ahead of their global counterparts in …
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Posted on 25/10/2022

UAE central bank’s fifth round T-bond issue rakes up AED7.57 billion bids

The strong demand was seen across both tranches, with a final allocation of AED750 million for the 2-year tranche and AED750 million for the 3-year tranche UAE central bank’s fifth round T-bond issue …
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Posted on 25/10/2022

Dubai Islamic Bank nine months 2022 group financial results

Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE, today announced its results for the period ending September 30, 2022.
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Posted on 25/10/2022

Dubai Islamic Bank Q3 profit climbs to $381mln in Q3 2022

Dubai Islamic Bank (DIB) has posted a profit of AED 1.4 billion ($381 million) for the third quarter of 2022 as business and operating conditions in the UAE continue to strengthen, the bank’s chairman …
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Posted on 25/10/2022

Dubai Islamic Bank posts 34% rise in group net profit for Q1-Q3 2022

The bank reported total income of Dhs9.873bn, rising 10 per cent year-on-year, compared to Dhs8.94bn last year …
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Posted on 25/10/2022

DIFC, Global Ethical Finance Initiative join hands to support COP28 agenda

To support GEFI’s Path to COP28 programme, DIFC will back a series of report launches, events and roundtables during the next 12 months …
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Posted on 25/10/2022

Ready for Rishi Sunak as PM? British expats in UAE are cautiously optimistic about the wealthiest politicians in UK

Rishi Sunak will become Britain’s first Prime Minister of colour on Tuesday. After months of political and economic turmoil, the former finance minister is..
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Posted on 24/10/2022

Empower plans to sell 10% stake, list on Dubai Financial Market

Emirates Central Cooling Systems Corporation (Empower) on Monday announced its intention to proceed with an initial public offering (IPO) and to list a portion of its ordinary shares …
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Posted on 24/10/2022

Dubai International Financial Centre launches programme with Global Ethical Finance Initiative aligning with the UAE’s COP28 Agenda

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, on Monday announ..
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Posted on 24/10/2022

Empower to sell 10pc stake, list on Dubai Financial Market

Emirates Central Cooling Systems Corporation (Empower) has announced its intention to proceed with an initial public offering (IPO) and to list a portion of its ordinary shares for trading on the …
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Posted on 24/10/2022

Dubai to offer 10% of Empower in fourth state-linked IPO

Dubai’s Emirates Central Cooling Systems Corporation (Empower) plans to launch its initial public offering next week, company executives said on Monday.
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Posted on 24/10/2022

Dubai’s Empower floats 10% in IPO, signals growth objectives

Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.
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Posted on 24/10/2022

Dubai District Cooling Firm Empower to Sell 10% Stake in IPO

Dubai plans to sell a 10% stake in Emirates Central Cooling Systems Corp., the city’s fourth privatization this year as part of a drive to boost trading volumes on the stock exchange.Most Read from Bl …
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Posted on 24/10/2022

Empower IPO: Dubai district cooling company plans to sell 10% stake and list on DFM

Business Bay, Dubai Healthcare City, Jumeirah Lakes Towers, Palm Jumeirah, Discovery Gardens, Ibn Battuta Mall, Dubai Design District, and Dubai Production City, among others. Emirates NBD is the lead …
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Posted on 23/10/2022

$19bn of Dubai real estate deals in Q3: report

Dubai real estate strong in Q3 2022 after sluggish summer $19bn of Dubai real estate deals in Q3: report Real Estate …
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