Tag: ipo

Banks in the United Arab Emirates on Monday pledged to mobilise 1 trillion dirhams, or around $270 billion, in green finance, the chair of the country’s banking federation told the COP28 climate talks …

Group said the loan will be used to finance or refinance eligible sustainable development projects, including renewable energy.

Raheel Ahmed, Group CEO of RAKBANK, said “We are proud to be a valuable contributor to UBF’s 2030 sustainable finance vision. In line with this special occasion, RAKBANK is announcing ambitious plans …

As year’s second biggest UAE IPO – PureHealth – opens, investors keep eye on LuLu in ’24 DFM is up for its second best year since 2013, with IPOs from Dubai Taxi, Al Ansari Financial Services lighting …

Expert says that new unit will act as Court of First Instance, reduce number of steps taken to reach resolution

The Asian Development Bank (ADB) said on Monday it will allot $10 billion in climate finance for the Philippines between 2024 and 2029. The funds will help the Philippines implement its commitments to climate action under the Paris Agreement,

The United Arab Emirates Banking Federation announced this Monday (04) that the country’s banking sector will mobilize AED 1 trillion (about …

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Climate finance is one of the hot topics of this year’s COP28 conference in Dubai. On Monday, the United Arab Emirates’ banking sector took center stage when it pledged to mobilize over $270 billion in green finance by 2030. “Banks in the region …

The UAE’s largest bank, First Abu Dhabi Bank (FAB), on Tuesday … and represents the “largest sustainable finance commitment made by any MENA bank to date”, FAB claimed in a statement on Tuesday. The bank will expand its target to include transition …

Phoenix Group PLC’s public debut on ADX represents a significant leap in innovation and growth for the tech and blockchain sector. The IPO marks a major achievement in the history of the Middle East’s …

Phoenix Group’s initial public offering (IPO), demonstrates strong market confidence with a remarkable 33 times oversubscription, amassing $370m. The offering attracted significant attention from …

Experts in sustainability and Islamic finance help NBF customers and delegates navigate the transition to net-zero, in the ‘Year of Sustainability’ for the UAE

The Carbon Calculator enables the bank to provide customers with carbon footprint data and insights about the impact of their purchases

At the United Nations Climate Change Conference (COP28) in Dubai on Monday, Abdul Aziz Al Ghurair, Chairman of the UAE Banks Federation, made a signi

A phone call claiming your bank account was frozen or you won a raffle you didn’t join. An SMS saying you have a package waitin..

UAE Banks Federation (UBF), the sole representative and unified voice of banks in the UAE, reaffirmed its commitment to support UAE’s goals by pledging to mobilise over AED 1 trillion, which represents more than US$ 270 billion,