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Tag: ipo

Posted on 27/09/2021

UAE’s first independent digital banking platform launches ‘virtual card’

The first independent digital banking platform in the United Arab Emirates has launched the region’s first virtual card, which it says will allow users to …
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Posted on 26/09/2021

Middle East Newsletter: Bustling Dubai Readies for Expo Crowds

With just days to go till Dubai starts to welcome tourists for Expo 2020, the city is bustling. Business is in full swing, restaurants have to be booked in advance and luxury sports cars swarm the …
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Posted on 26/09/2021

Sheikh Maktoum meets finance ministry team

UAE’s newly appointed finance minister urges team to work as one with one spirit Dubai: Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Prime Minister, Deputy Ruler of Dubai and Minister of …
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Posted on 26/09/2021

UAE’s ADNOC Drilling to list on ADX on October 3

Abu Dhabi Securities Exchange said on Sunday that shares of ADNOC Drilling co. will list on its main market from 3 October, 2021 under the trading symbol ADNOCDRILL. In the first week of September, …
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Posted on 26/09/2021

UAE Finance Minister Sheikh Maktoum pays tribute to late Sheikh Hamdan

Sheikh Maktoum on Sunday shared photos of his meeting with his team. He paid tribute to his predecessor, the late Sheikh Hamdan bin Rashid Al Maktoum, who was the longest serving finance minister in …
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Posted on 26/09/2021

Dubai-based fintech YAP launches region’s ‘first’ virtual card

Motivate Publishing YAP . Dubai-based neobank YAP announced on Sunday that it has launched the region’s “first virtual card” as part of the rollout of new features. Each …
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Posted on 25/09/2021

UAE announces ministerial changes including finance, environment

United Arab Emirates Prime Minister and Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum announced ministerial changes on Saturday, including new finance and environment ministers.
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Posted on 25/09/2021

Oyo Hotels Likely to File Mega Rs 8,000-crore IPO Next Week. Key Details to Know

The IPO party on the bourses in India is still on, and in this party, the new entrant is Softbank backed Oyo Hotel and Room, which is expected to file for an IPO next week, the Reuters reported.
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Posted on 24/09/2021

IPO reasonably priced, Birla brand a huge benefit: Aditya Birla Sun Life MD Balasubramanian

MD & CEO A Balasubramanian told Moneycontrol’s Nisha Poddar in an interview that the IPO is reasonably priced … AMC that has got presence in the overseas market in Singapore and Dubai for the last …
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Posted on 24/09/2021

Why more Middle East firms may favour SPAC over IPO to go public

Ernst and Young says surge in special purpose acquisition company transactions in the MENA region is set to continue …
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Posted on 24/09/2021

ADIB partners with Spotii to launch UAE’s first virtual ‘Buy Now Pay Later’ prepaid card

Abu Dhabi Islamic Bank (ADIB) has partnered with Spotii, a digital payments provider, to introduce the first virtual ‘Buy Now Pay Later’ prepaid car …
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Posted on 24/09/2021

India, UAE discuss strong economic, commercial engagement

Dr Thani Bin Ahmed Al Zeyoudi Minister of State MoS for Foreign Trade UAE on Thursday called on Union Finance Minister Nirmala Sitharaman the Ministry of …
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Posted on 24/09/2021

Sitharaman meets UAE minister to discuss economic, commercial ties

Both sides discussed the strong economic and commercial engagement between the India-UAE and the comprehensive strategic partnership which is driving the multifaceted bilateral relations, according to …
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Posted on 23/09/2021

Realty developer CASAGRAND plans for Rs 1000 cr IPO

The company plans to strengthen its presence in Bangalore and enter the Hyderabad market with an initial investment of Rs 1500 crore. These two markets will contribute 35 per cent, while Chennai will …
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Posted on 23/09/2021

UAE Minister Dr. Thani Bin Ahmed Al Zeyoudi meets FM Nirmala Sitharaman to discuss economic, commercial ties between India & UAE

Minister of State for Foreign Trade of United Arab Emirates  Dr. Thani Bin Ahmed Al Zeyoudi called on Finance Minister Nirmala Sitharaman in New Delhi today. Both leaders discussed the strong economic …
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Posted on 23/09/2021

We will have no further trade negotiations after signing the first draft in 6 months: UAE minister

We launched negotiations for the CEPA. We have set a short timeline to finalise this agreement basically because we do share the view that trade is a catalyst for economic development, says UAE Minist …
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Posted on 23/09/2021

UAE central bank starts gradual curb of COVID-19 stimulus measures

The United Arab Emirates central bank (CBUAE) said on Thursday it was starting to gradually withdraw stimulus measures introduced last year to mitigate the economic impact of the COVID-19 pandemic.
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