The IPO subscription period has begun and is expected to close on November 28, 2023, for UAE retail investors and on November 29, 2023, for qualified investors. The final offer price will be …
Dubai builds stake in future with groundbreaking ideas and fast-track qualitative change
On any development parameter, Dubai is heavily invested in the future. True to its futuristic credo, the Dubai 2040 Urban Master Plan spells out the emirate’s vision for sustainable urban development, …
Fintech: Dubai 10X Initiative Propels City a Decade Ahead in Innovation
Dubai’s ambitious journey towards becoming a global leader in innovation and sustainability is gaining momentum, as highlighted by the emirate’s …
UAE-Philippines bilateral non-oil trade up 19.4% Y-o-Y in H1 2023 to reach $500 million
Ahmed bin Ali Al Sayegh, UAE Minister of State, and Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, have led a high-level UAE delegation to Manila, Philippines, to explore …
Abu Dhabi Finance Week to kick off with energy transition investment in focus
Abu Dhabi Finance Week will kick off on Monday at The Abu Dhabi Global Market with “investing in the transition era” in focus as countries continue to boost investments in cutting emissions and …
Dubai listed firms buck regional trends
Dubai’s listed companies bucked the regional trend in the wider Gulf Cooperation Council, with a 35.8 per cent year-on-year growth in third-quarter profits..
‘Standing by our brothers in Gaza’: Dubai billionaire donates ambulances for injured Palestinians
In a heartfelt gesture of solidarity and humanitarian aid, Dubai billionaire Khalaf Ahmad Al Habtoor, the founder and chairman of Al Habtoor Group, has ann..
Why there’s an upbeat vibe at Dubai’s climate jamboree
The COP28 summit kicks off in the fossil fuel hub of Dubai this week, but the build-up has been surprisingly less angst-ridden and more cautiously optimistic.
Climate finance to take center stage at Dubai conference
Financing will form the cornerstone of the Dubai climate summit in raising the goal of transferring funds from rich to developing countries for mitigation actions and adaptation to climate change, …
UAE tightens scrutiny on Russian companies amid pressure from US
RUSSIAN firms based in the United Arab Emirates are coming under greater scrutiny from local banks as the Gulf state faces increased US pressure to tackle sanctions evasion and ramps up efforts to get …
Al Hamriyah tells a story named the UAE
Israel’s Bank Leumi LUMI.TA and Dubai’s DP World said on Monday they had agreed to partner in boosting trade between Israel and the rest of the Middle East. More than 270 UAE exporters and potential …
PureHealth acquires IT services provider PureCS ahead of IPO
The acquisition aims to enhance PureHealth’s technological leadership and commitment to a tech-enabled platform in healthcare.
Dubai ready to host global corporate governance experts
Taking place over two days starting Nov. 28 at the Dusit Thani Hotel, the conference will serve as a prominent platform for governance leaders, experts, and industry luminaries to engage in a profound …
Wemade CEO Henry Chang to attend Fortune Global Forum and Abu Dhabi Finance Week 2023
Fortune is hosting high-level global CEO conference in the Middle East for the first time Wemade CEO Chang will speak on 29 Nov panel discussion about “Convergence: Media, Culture & Fintech” at …
Dubai Financial Market to launch carbon credits trading pilot during Cop28
“The launch of carbon credit trading represents a logical progression for DFM as a platform for ESG-focused themes and building on our existing track record.” …
Dubai real estate: Cheque books continue to dominate property payments despite direct debit, digital transaction boom
For those in Dubai, cheque books offer a “comfort zone,” Anisha Sagar, Director of Property Management at real estate agency Allsopp & Allsopp said adding that the preference to pay by credit card, by …
Top 10 UAE banks record 5.6% rise in quarterly profit on lower impairment charges
The aggregate net profit of the UAE’s 10 largest banks increased by 5.6 per cent on a quarterly basis in the third quarter, boosted by lower impairment charges and a steady increase in net interest …