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Tag: ipo

Posted on 14/11/2021

Sir Geoffrey Cox paid nearly £400,000 by scandal-hit hedge fund boss

EMBATTLED Sir Geoffrey Cox was paid nearly £400,000 by a hedge fund boss at the centre of an international tax scandal. The Tory MP — who made almost £900,000 in the last year as a barrister — …
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Posted on 13/11/2021

Dubai tees up next IPO with plans to list automated toll system

The listing is part of Dubai’s efforts to catch up with Riyadh and Abu Dhabi — the Middle East’s busiest IPO venues over the past year …
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Posted on 13/11/2021

UAE to list ‘Salik’ road toll system on Dubai financial market

The United Arab Emirates plans to list Dubai’s “Salik” road toll system on the Dubai financial market, its finance minister Maktoum Bin Mohammed said on Twitter on Saturday.
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Posted on 13/11/2021

Dubai to list Salik on Dubai Financial Market

Dubai: Dubai government has approved a new plan to list the emirate’s Traffic toll system “Salik” on the Dubai Financial Market (DFM). The new plan was approved on Saturday by Sheikh Maktoum bin …
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Posted on 13/11/2021

UAE – Successful Conclusion of Singapore FinTech Festival 2021 where Justin Sun Delivered a Keynote Speech

November 2021 – The Singapore FinTech Festival 2021 (SFF) held from November 8 to 12 in Singapore was attended by representatives of over ten top FinTech companies for the discussions on“Web3.0” and …
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Posted on 13/11/2021

UAE – DLD launches building classification survey project

Dubai Land Department (DLD) on Saturday launched the Building Classification Survey (BCS) project to cover all 150, …
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Posted on 13/11/2021

UAE – RDS set to hit $3 billion mark as NRPs opt for investment options

Non-resident Pakistanis (NRPs) are one of the finest assets of the country as they have been playing a very significant role in stabilising the economy by sending record remittances and making close …
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Posted on 13/11/2021

India to start scheduled flights, says country’s External Affairs Minister during UAE visit

Dubai: India is moving towards the resumption of scheduled flights, India’s External Affairs Minister Dr S Jaishankar said on Saturday at Expo 2020 Dubai. “We are moving towards resumption of …
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Posted on 12/11/2021

UK fines broker over ‘cum-ex’ tax scandal

The UK markets regulator has fined Sunrise Brokers £642,000 for facilitating “self-evidently suspicious trades” that were used in cum-ex dividend trading, further drawing the City into one of Europe’s …
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Posted on 12/11/2021

Climate and Covid recovery loom large over Dubai air show

The embattled aviation industry will flock to a major air show in Dubai on Sunday as it emerges from pandemic travel restrictions and faces pressure to reduce its impact on climate change.The five-day …
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Posted on 12/11/2021

Is the new UAE residency visa for retirees a game changer for the region?

Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.
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Posted on 12/11/2021

British grandfather jailed in Dubai says he has witnessed suicides and rape by inmates

Albert Douglas, 60, described being detained in Dubai Central Prison over his son’s business debts, being tortured and witnessing the horrific treatment of other prisoners.
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Posted on 12/11/2021

Newly-opened UK-based institution to offer scholarships to UAE residents

GBS Dubai is offering special scholarships to Emirati and expatriate youth for fulfilling their aspirations. The inauguration ceremony was addressed by Stanley Johnson, who is the Chair of the Global …
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Posted on 12/11/2021

Advisers appointed for DEWA IPO

State utility Dubai Electricity & Water Authority (DEWA) has appointed US investment bank Moelis and local bank Emirates NBD to advise on DEWA’s planned initial public offering (IPO), according to …
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Posted on 12/11/2021

UAE Mashreq Bank’s 9-month net profit falls 25% to $72.14mln

Staff Writer UAE lender Mashreq Bank saw its net profit drop by a quarter in the first nine months of the year despite a robust growth in operating income. Total net profit for the period ending …
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Posted on 11/11/2021

UAE B2B e-commerce site Dubuy targets Africa for growth

Dubuy, an e-commerce platform by UAE global logistics provider DP World, has entered Kenya with plans to launch the business-to-business (B2B) site in more countries across the continent in the coming …
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Posted on 11/11/2021

Singapore and Abu Dhabi Complete Cross Border Digital Trade Finance Pilot

Singapore and Abu Dhabi (UAE), have completed a pilot of a “world’s first … electronic transferable records in international trade. Today, much global trade finance is analog or paper-based. This …
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