Tag: ipo

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, deputy ruler of Dubai and chairman of DIFC, on Tuesday received Peter Estlin, Lord Mayor of the City of London. Dubai International Financial Centre …
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Recent developments and plans announced by Dubai’s government highlight the emirate’s promising trajectory towards becoming a “future-proof global business capital” according to ICAEW, an accountancy …
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UAE: Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is pleased to unveil its Sustainable Finance Agenda at the inaugural Abu Dhabi Sustainable Finance Forum (ADSFF), …
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to achieve long-term sustainability and prosperity for all,” Ahmed Al Sayegh, who is also a UAE minister of state, said on Wednesday at the Abu Dhabi Sustainable Finance Forum. “To achieve the right r…
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Riyadh – The Saudi Capital Market Authority (CMA) on Wednesday approved an initial public offer (IPO) for units in BMK Saudi Freestyle Equity Fund Sharia Compliant. The IPO made by Bait Al Mal Al Khal…
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“Emirates NBD has been happy to partner with Virtusa to debut the first API Sandbox by a UAE Bank. This collaboration has enabled us to offer the right tools for enterprising FinTechs and developers w…
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IPO activity could improve with the inclusion of GCC markets in global gauges and regulatory changes, it added. EGA, the UAE’s biggest industrial company outside the oil and gas sector, said in Septem…
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Isabelle Jones made the mistake of clicking on a link in an email claiming to be from her bank. “It asked me to change my password and it looked very legit and I was busy, so I didn’t pay attention,” …
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another Dubai-based company, garnered $25 million from its IPO on London’s Alternative Investment Market. During the year however, the Dubai Financial Market witnessed two dual listings from Egypt’s N…
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Technology advances and services have to advance with them to stay ahead of the curve. Banking in the UAE is no different. In 2017, Google conducted its Connected Consumer Survey which proved the UAE …
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Financial confidence soared in the fourth quarter of 2018 after residents adjusted their budgets to factor in the effects of VAT and high summer spending, a study from UAE financial comparison site ya…
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The government riding a wave of momentum after having secured a $6.2 billion financial aid package from the United Arab Emirates (UAE), is dilly-dallying on a potential International Monetary Fund (IM…
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Dubai-based fintech e-Mal has officially inaugurated its full-fledged digital financial platform that aims to revolutionise the way individuals and businesses transact to make payments, micro-lending …
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But as significant as these factors are, some things – such as London and the UK’s inherent strengths in global finance, our ability to innovate and our willingness to collaborate with Gulf nations su…
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received a full operating licence in November following a phase in the Dubai International Financial Centre’s sandbox. The company, which has around 2,700 registered users, is now looking to reach an …
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For the first full week of the new year, the Dubai Financial Market General Index (DFMGI) advanced by 19.63 or 0.79 per cent to close at 2,545.65. There were 22 advancing issues and 15 declining …
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$3.2 billion each of oil supplies on credit as well as $3 billion in cash deposits were provided by both the Kingdom of Saudi Arabia and the UAE, along with $1.2 billion trade finance from the …
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