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Tag: ipo

Posted on 20/07/2021

UAE: Is it wise to re-finance your home close to retirement?

UAE: I’m 40 years old and have saved no money. How can I retire at 65? UAE: Retirement checklist – what all should I make sure to do five years before retiring? Dubai: Let’s say you are approaching …
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Posted on 20/07/2021

Trucks Stuck as Saudi-UAE Competition Spreads to Trade

Trucks are lined up for hours at the border between Saudi Arabia and the United Arab Emirates as some international manufacturers find their goods snarled up in a deepening economic rivalry that’s …
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Posted on 19/07/2021

Mechanical, Electrical and Plumbing Services UAE Market to 2030 – Industry Analysis and Growth Forecasts – ResearchAndMarkets.com

The “U.A.E. Mechanical, Electrical and Plumbing Services Market Research Report: By Service Type (Electrical, Mechanical, Plumbing), End User (Residential, Retail, Commercial, Industrial, Government, …
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Posted on 19/07/2021

UAE and OPEC+ have made up, but it won’t last

Once the shock of Covid-19 passes, a structural problem will reemerge; namely that the world has an abundance of oil but a shortage of capacity to absorb emissions from that oil …
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Posted on 18/07/2021

Sharjah offers business professionals key insights on leveraging the UAE Commercial Companies Law across the emirate’s industries

Changes in emirate’s investment landscape highlighted at seminar organised by Sharjah FDI Office (Invest in Sharjah) and Sharjah Economic Development Department …
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Posted on 18/07/2021

Meet Aziz Al Harbi of RoboStores, the Saudi expat who is at home in the UAE

Dubai: Several expats who come to the UAE in search of greener pastures continue to live here. Their children grow up in the UAE and make it their home. His father Bander Al Harbi was then making a …
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Posted on 18/07/2021

Mubadala seeks over $20bn value for EGA in IPO

EGA is the Middle East’s biggest aluminium producer and is equally owned by Mubadala and Investment Corporation of Dubai …
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Posted on 18/07/2021

Clifford Chance advises on Yahsat’s IPO, ADX listing

Leading international law firm Clifford Chance has advised as Banks’ counsel on Mubadala-owned, Al Yah Satellite Communications Company PJSC (Yahsat) landmark IPO and listing on the Abu Dhabi …
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Posted on 18/07/2021

Indian rupee expected to weaken further in the week ahead

Dubai: Indians in the UAE planning to send money home can expect exchange rates of UAE dirham against rupee turning in their favour next week as the Indian currency is expected to weaken further in …
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Posted on 18/07/2021

Can power rentals make up for low GCC liquidity?

Portable power providers will leverage the rental business until market fluidity returns amidst declining global crude values.. Can power rentals make up for low GCC liquidity?. ANALYSIS, Business.
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Posted on 17/07/2021

Rupee expected to weaken further in the week ahead

Dubai: Indians in the UAE planning to send money home can expect exchange rates of UAE dirham against rupee turning in their favour next week as the Indian currency is expected to weaken further in …
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Posted on 17/07/2021

Licencing regime introduced for UAE’s retail payments service providers

Central Bank of UAE issues Retail Payment Services and Card Schemes Regulation Dubai: The Central Bank of the UAE (CBUAE) on Saturday unveiled the Retail Payment Services and Card Schemes Regulation, …
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Posted on 17/07/2021

Sharjah Islamic Bank posts Dh289.5 million H1 net profit

Dubai: Bank’s net operating profit before provisions were up by 25.6 per cent, amounting to Dh417.3 million for the first six months, compared to Dh332.3 million for the same period of the previous …
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Posted on 17/07/2021

VC does it for startups in the UAE

The UAE is building a strong foundation to create a secured, innovative and futuristic startup ecosystem led by policies that complement macroeco …
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Posted on 17/07/2021

UAE’s first digital bank launches app after securing final approvals

The digital only bank said it has launched its banking app to allow customers to start creating their current and savings accounts in less than five minutes. New survey shows 89% of consumers are now …
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Posted on 16/07/2021

Mubadala Seeks Over $20 Billion Value for EGA in IPO

Mubadala Investment Co. is seeking a value of more than $20 billion including debt for Emirates Global Aluminium PJSC as it inches closer to listing the business, according to people familiar with the …
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Posted on 15/07/2021

More IPOs expected in UAE as privatisation progresses

A bulging pipeline of business is livening up the UAE’s formerly sleepy equity capital markets, following a series of eye-catching transactions in recent weeks, following on from the largest IPO for …
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