The company has received markets regulator SEBI’s approval to launch an initial public offering, through which it plans to raise up to ₹ 1,900 crore.
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MobiKwik turns unicorn ahead of initial public offering
The company has received markets regulator Sebi’s approval to launch an initial public offering, through which it plans to raise up to Rs 1,900 crore.
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IPO floodgates open up after summer lull as five more biotechs file for Nasdaq
It’s once again open season for biotech IPOs, as the summer drought has given way to an autumn flood. Five companies filed to go public on Friday, including four penciling in $100 million fundraises: …
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In Saudi Arabia, a wave of IPOs are hitting the market – Nayifat Finance is the latest
Nayifat Finance will expand into fintech, SME lending and credit card sectors Dubai: Nayifat Finance Company, a Saudi-based non-banking financial company, plans to list on Saudi Stock Exchange. It …
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Indian rupee hits a one year low against UAE dirham
Dubai: The Indian currency opened at 75.42 a dollar in the interbank forex market and slipped further to 75.64. The rupee’s weakness against the dirham is a reflection of the currency’s decline …
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UAE economy could hit 4.9% growth in 2022, says IIF
Oil price gains and sustained demand will work to UAE’s economy advantage Dubai: The UAE economy is rebounding fast from the downturn caused by COVID-19 and the prolonged decline in oil prices, …
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Dubai Department of Finance unveils PPP projects worth $6.8bn
The announcement was made on the sidelines of the Dubai International PPP Conference. Dubai Department of Finance unveils PPP projects worth $6.8bn. Business, construction, Dubai Department of Finance …
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Retail group Marka declared bankrupt by Dubai court in landmark judgement
Dubai court issues strict limits on Marka’s former board of directors Dubai: The UAE retail and leisure company, Marka, has been declared bankrupt by a local court and all of its its assets brought …
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Over 50pct of UAE clients want to change banks
A statement by management consultancy Boston Consulting Group presents, around 55 percent of UAE populaces polled in a study reported they would have …
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Biggest Saudi IPO Since Aramco Jumps 30% on Trading Debut
ACWA Power International surged on debut in Riyadh after raising more than $1.2 billion in the biggest Saudi Arabian listing since Aramco. The stock jumped by the 30% daily limit to 72.80 riyals on …
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Saudi ACWA Power International shares jump 30% over listing price in debut
Shares in Saudi Arabian renewable energy utility ACWA Power International jumped 30% on their market debut on Monday after a $1.2 billion IPO, the kingdom’s biggest since Saudi Aramco’s massive public …
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Dubai’s Department of Finance announces $6.8bn worth of new PPP projects
More than $6.8bn of public-private partnership (PPP) projects have been announced by the Government of Dubai’s Department of Finance (DoF). The projects will foster new partnerships between the …
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UAE’s DEWA attracts investments of Dh40bn using IPWP model
DEWA has attracted investments of around AED 40 billion through this model, which enhances the partnership between the public and private sectors. . UAE’s DEWA attracts investments of Dh40bn using …
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Emiratisation: Dubai Islamic Bank Proud To Be Creating A New Generation Of Leaders
Dubai Islamic Bank (DIB), the UAE’s largest Islamic Bank, has made great strides in achieving its Emiratization agenda playing a key role in overcoming …
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UAE’s Shuaa Capital invest in SkyCell; Swiss manufacturer raises $35M
Funding from DisruptAD, SHUAA Capital, and China-based family office consolidates SkyCell’s position in strategically important Middle and Far East regions, and sets stage for new phase of growth …
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Dubai’s Department of Finance announces new PPP projects worth Dhs25bn
On Sunday, the Government of Dubai’s Department of Finance (DoF) announced a new public-private partnership (PPP) project portfolio worth over Dhs25bn across several vital sectors. It includes more …
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Dubai announces new PPP projects worth $6.8bn
The Government of Dubai’s Department of Finance (DoF) has announced a large portfolio of projects worth more than AED25 billion ($6.8 billion) under the public-private partnership (PPP) project …
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