Tag: ipo

Reuters reported that Emirates Global Aluminium is weighing a potential initial public offering next year. Sources said “EGA is Reuters reported that Emirates Global Aluminium is weighing a potential …
( read original story …)

---

Leading banks achieved double-digit growth in H1-2021 net profits Dubai: Profits at large UAE banks rose during the first six months of 2021 after a modest improvement in the operating environment …
( read original story …)

---

Air Link Communication Ltd, a cell phone distributor in Pakistan, is all set to raise Rs6.43 billion as the two-day book-building of its Initial Public Offer (IPO) ended. The company had put its 90 …
( read original story …)

---

Hedge fund Millennium Management LLC and Barclays Plc have hired a number of bankers who left Bank of America Corp.’s Paris offices earlier this year, following a wave of departures at the U.S. lender …
( read original story …)

---

Dubai: Dubai’s Emaar is weighing options to sell fashion e-commerce business Namshi that may include a listing abroad via a SPAC. An outright sale of Namshi may generate $600 million to $700 million …
( read original story …)

---

The United Arab Emirates’ top banks are likely to see profits increase over the next 12 to 18 months as they book lower loan-loss provisions while the economy recovers from the coronavirus shock, …
( read original story …)

---

The defacto ruler of the United Arab Emirates held a “positive and friendly” call with Turkey’s President Recep Tayyip Erdogan to discuss bilateral ties, the latest sign of a rapid thaw between the …
( read original story …)

---

Dubai Islamic Bank , the United Arab Emirates’ largest Islamic lender, is planning to soon sell U.S. dollar-denominated senior sukuk, or Islamic bonds, two sources said.
( read original story …)

---

First Abu Dhabi Bank is expected to sell 250 million pounds ($344.38 million) in five-year bonds, a document showed on Tuesday. FAB, HSBC, Standard Chartered and TD Securities are arranging the deal, …
( read original story …)

---

The UAE is a popular destination among Indians for business and residency. Which is why, Dubai has been home to Indians for several decades, by way of employment, investment, and entrepreneurship.
( read original story …)

---

LAHORE: The second meeting of the steering committee chaired by Provincial Minister for Industries & Trade Mian Aslam Iqbal was held here on Monday. The meeting approved various proposals and …
( read original story …)

---

Global launching ceremony of a feature film “Home Operation” was held in Beijing Diaoyutai State Guesthouse on July 26th, 2021. Hundreds of officers, journalists and guests attended the ceremony, …
( read original story …)

---

The resort has merged with Dubai Creek Golf & Yacht Club, and will undergo a renovation. EXCLUSIVE: Park Hyatt Dubai to form part of ultra-luxury Dubai Creek Resort. dubai creek, dubai creek golf & …
( read original story …)

---

Emirates Global Aluminum PJSC (EGA) recently posted record profits for January-June 2021 amid a rise in commodity prices, and is now looking to proceed with plans to go public in the near future.
( read original story …)

---

Emirates Global Aluminium PJSC, the Middle East’s biggest producer of the metal, posted a record profit in the first half of the year as prices soared along with those of other commodities.The company …
( read original story …)

---

Nine out of 16 listed banks in the UAE reported an increase in net profit Dubai: UAE banks reported the biggest increase in profits during the second quarter of 2021, registering 11.8 per cent quarter …
( read original story …)

---

Dubai: The Dubai-based online streaming platform OSN said it appointed Sangeeta Desai as interim CEO, effective immediately. Desai, who served as a non-executive director on the company’s board for …
( read original story …)

---