Tag: ipo

raised $1.72 billion last month in an initial public offering (IPO) that was more than 25 times oversubscribed and the largest listing in the United Arab Emirates (UAE) this year. The company sold …

Dubai’s alleged crypto scams are raking in billions. Experts and US authorities have raised alarms about the increasing number of Ponzi and pyramid schemes in the UAE, often disguised as legitimate …

Sharjah Islamic Bank (SIB) has announced a strategic partnership with Network International, the leading enabler of digital commerce in the Middle East and Africa. This partnership aims to leverage …

Dubai International Financial Centre (DIFC) welcomed more than 3,000 industry leaders, government officials, and sustainability experts to the 2nd Future Sustainability Summit 2024. The event convened …

Dubai’s Tokinvest DMCC is teaming up with YallaValue to deliver independent property valuations to support tokenised real estate investment decisions. YallaValue is a property valuation platform and …

Emirates Development Bank (EDB) has provided AED1.12bn ($305m) in financing to the UAE food security sector, representing 8 per cent of its total cumulative financing. Since the launch of its strategy …

With freelance registrations surging across the region, here’s your complete guide to Dubai’s most affordable business licence …

Dubai: AlHuda Centre of Islamic Banking and Economics (CIBE) is organizing the Global Islamic FinTech in Dubai, United Arab Emirates. This event aims to improve the country’s economic conditions in …

Abu Dhabi Finance Week, ADGM’s key financial event, will begin next week as the UAE capital continues to attract global asset managers amid its economic diversification efforts. Double seems to be the …

By supporting food security, EDB seeks to cultivate a robust and resilient ecosystem that drives sustainable development and enhances the nation’s self-reliance …

Almoosa Health Company expects to raise between SAR1.63 billion and SAR1.69 billion ($433.80-449.7 million) from its initial public offering (IPO) on the Saudi stock exchange. The company set the …

Taj Dubai’s recent promotions. Taj Dubai has two new hires in the finance and sales and marketing departments. Ashok Kapur, Kalpesh Shangvi. Appointments.

The Central Bank of the UAE (CBUAE) announced that gross banks’ assets, including bankers’ acceptances, increased by 0.7 per cent from AED4.35tn ($1.2tn) at the end of July 2024 to AED4.378tn ($1.2bn) …

Singapore’s Dymon Asia Capital has opened its first office in the Middle East to capitalise on the time zone and capture more investment talent in that region, the hedge fund manager said.

The Central Bank of the UAE (CBUAE) announced that gross banks’ assets, including bankers’ acceptances, increased by 0.7 per cent from Dhs4,348.6 billion at the end of July 2024 to Dhs4,378.0 billion …

Lawrence Lam, Hong Kong CEO at Prudential, says data analysts have become more important than ever in the industry.

Saudi healthcare provider Almoosa Health plans to raise as much as 1.688 billion riyals ($449.3 million) from selling a 30% stake in the company via an initial public offering on the Riyadh bourse, it …