Dubai Holding is looking to raise up to 1.79 billion UAE dirhams ($487 million) from its residential real estate investment trust IPO, the first offering for the emirate in 2025. DHAM Investments, a …
Dubai Holding announces offer price range and start of subscription period for Dubai Residential REIT’s IPO
Price range has been set at between AED 1.07 and AED 1.10 per Offer Unit, implying a market capitalisation of between AED 13.9 billion (USD 3.8 billion) and AED 14.3 billion (USD 3.9 billion) …
Dubai Holding seeks to raise up to $487 million in residential REIT IPO
Dubai Holding is seeking to raise up to 1.79 billion dirhams ($487 million) from an initial public offering of its residential real estate investment trust, the investment conglomerate owned by the …
Shake Shack Inc. (SHAK): Among the Best Restaurant Stocks to Buy According to Hedge Funds
We recently compiled a list of the 12 Best Restaurant Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Shake Shack Inc. (NYSE:SHAK) stands against the …
Finastra spotlights the future of innovative, frictionless banking at Dubai Fintech Summit
The two-day event, organized by Dubai International Financial Centre (DIFC), brings together industry thought leaders, policymakers and influencers to collaboratively shape the future of fintech and …
Surge in bank account ownerships positions UAE among most banked nations
The UAE has emerged as one of the world’s most banked nations on the back of remarkable surge in bank account ownerships, according to a new independent survey. The YouGov study, commissioned by the …
Finance World honours UAE’s top developers and real estate icons at 2025 awards
Finance World Magazine’s highly anticipated UAE Realty Awards 2025 unfolded in spectacular fashion at Sofitel Dubai The Palm, setting a new benchmark for excellence, innovation and celebration in the …
UBF highlights UAE’s leadership in financial, banking innovation
ABU DHABI, 12th May 2025 (WAM) — The UAE Banks Federation (UBF) has reiterated its commitment to enhance the efforts of its member banks to develop the necessary frameworks, under the direct …
Saudi Arabia’s low-cost carrier Flynas sells out all shares from initial public offering
Saudi Arabia’s low-cost carrier Flynas has sold within minutes of opening all of the $1.1 billion in shares from its initial public offering on the Riyadh stock exchange.
Saudi Airline Flynas Launches IPO to Raise up to $1.1 Billion
DUBAI (Reuters) – Saudi Arabian budget airline flynas, backed by billionaire Prince Alwaleed Bin Talal, is seeking to raise up to 4.1 billion riyals ($1.1 billion) from an initial public offering in …
Why I believe UAE businesses must rethink FP&A – before it becomes a bottleneck
I’ve sat across the table from CFOs, controllers, and business owners navigating the highs and lows of growth in the UAE. I’ve seen what great finance teams can do – and I’ve seen what holds them back …
UAE imposes sanctions on 5 insurance brokers
The Central Bank of the UAE has imposed administrative and financial sanctions on five insurance brokers operating in the country, pursuant to Article (14) of the Decree Federal Law No. (20) of 2018 …
UAE MBank offers AED fiat to crypto escrow account
UAE MBank, Al Maryah Community Bank, the first fully integrated digital bank in the UAE, is offering secure and regulated AED dirham to crypto conversions and trades, AED Escrow Account Services, …
Middle East shakes off tariff turmoil with three IPOs: IFR
Three IPOs launched in the Middle East in rapid succession last week in a testament to the region’s resilience amid wider global market volatility in response to the US tariff announcement in April.
UAE and Saudi Arabia spur surge in Mena share sales
The Middle East and North Africa (Mena) region’s capital markets kicked off 2025 with a strong performance, recording 14 initial public offerings (IPOs) that raised $2.4 billion in Q1, a 106 per cent …
The UAE’s Islamic finance and halal strategy could boost the industry
The UAE cabinet’s recent approval of the strategy for Islamic finance and halal industry is likely boost the industry, a top agency said. According to a report by Fitch Ratings, the UAE Islamic …
National Bank of Fujairah wins in five categories at MEA Finance Banking Technology Awards 2025
National Bank of Fujairah (NBF) has been recognised in five awards at the prestigious MEA Finance Banking Technology Awards 2025, reflecting the bank’s leadership in delivering secure, cutting-edge …