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Tag: ipo

Posted on 14/02/2025

Alpha Data Announces 40% Stake Sale In ADX’s First 2025 IPO

Dubai Alpha Data, a prominent UAE-based technology services firm, has unveiled plans to list on the Abu Dhabi Securi …

Posted on 14/02/2025

Dubai virtual assets regulator warns against investing in memecoins

As the meme coin craze continues, the market capitalization increased from $20 billion in January 2024 to $120 billion by the end of the same year. It is no surprise that Dubai’s Virtual Assets …

Posted on 14/02/2025

Arab League Chief Warns of Trump’s Sinister Plan to ‘Empty Palestine’| ‘Trump Eyeing West Bank Next’

Arab League Secretary-General Ahmed Aboul Gheit has strongly condemned U.S. President Donald Trump’s plan to resettle Gazans, warning that it aims to “empty Palestine” of its people. Speaking at the …

Posted on 13/02/2025

Abu Dhabi announces new rules for UAE businesses without business premises

Abu Dhabi will allow businesses from across the UAE to operate in the capital without needing business premises. The Abu Dhabi Department of Economic Development (ADDED) has introduced new …

Posted on 13/02/2025

The Fastbull Summit 2025 will be held in Dubai shaping the future of the global economy

The Fastbull Financial Summit set to take place on April 19, 2025, at the prestigious Coca-Cola Arena in Dubai, promises to be a cornerstone event for finance professionals, investors, and analysts …

Posted on 13/02/2025

Dubai Investments signs 2 Key MoUs as part of MoIAT’s Regional Industrial Partnership

Signing the MOUs on behalf of Dubai Investments, Mohammed Saeed Al Raqbani, General Manager, Dubai Investments Industries and Masharie, said, “The signing of these MOUs reflects Dubai Investments’ …

Posted on 13/02/2025

Alpha Data plans Abu Dhabi IPO amid digital transformation boom

Alpha Data, an Abu Dhabi-based digital transformation services provider, plans to list 40 per cent of its issued share capital on the capital’s bourse, amid economic momentum and a listing boom in the …

Posted on 13/02/2025

Ray Dalio to the Trump administration: Cut debt now or face an ‘economic heart attack’

Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.

Posted on 13/02/2025

UAE: Some employees get over 6-month salary as bonus in 2024

UAE’s job market has been highly competitive due to a large number of professionals coming to the Emirates in search of greener pastures in the past four years. Establishment of new companies and many …

Posted on 13/02/2025

UAE: Alpha Data announces IPO; first firm to go public in 2025

Alpha Data announces IPO, set to be the first public offering in the UAE for 2025. The leading digital transformation firm will list 400 million shares on the Abu Dhabi Securities Exchange.

Posted on 13/02/2025

UAE ranks in top 10 nations with most AI firms per capita

The UAE has introduced several national AI initiatives, including appointing the world’s first Minister of State for AI in 2017 and launching the National Strategy for Artificial Intelligence 2031 …

Posted on 13/02/2025

IFC provided over $2.3bln in financing to UAE-based multinational companies by end of 2024

DUBAI: Makhtar Diop, Managing Director of the International Finance Corporation (IFC), stated that the Washington-based organisation had provided over US$2.3 billion in financing to UAE-based …

Posted on 13/02/2025

Pimco Opens Office in Dubai as Asset Managers Flock to Region

Pacific Investment Management Co. opened a Dubai office, becoming the latest major fund manager to deepen its presence in the Middle East.

Posted on 13/02/2025

PIMCO opens Dubai office as asset managers flock to region

Pacific Investment Management Co. opened a Dubai office, becoming the latest major fund manager to deepen its presence in the Middle East. The Newport Beach, California-based firm, which manages …

Posted on 12/02/2025

IFC provided over $2.3 billion in financing to UAE-based multinational companies by end of 2024

Makhtar Diop, Managing Director of the International Finance Corporation (IFC), stated that the Washington-based organisation had provided over US$2.3 billion in financing to UAE-based multinational …

Posted on 12/02/2025

UAE in top 10 countries with most AI companies; how Golden Visas and investment will unlock $91bn GDP boost

Dmitry Kaminskiy, General Partner of Deep Knowledge Group said: “The UAE’s ranking among the top 10 countries for AI companies per capita demonstrates how targeted investments are creating an …

Posted on 12/02/2025

Dubai Islamic Bank total income grows 15.9% to $6.36bn in 2024

Pre-tax profit up 27% to $2.45 billion; Customer deposits up almost 12% to $67.8 billion; NPF ratio improves 140bps to $2.48 billion …

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