Tag: ipo

Pacific Investment Management Co. opened a Dubai office, becoming the latest major fund manager to deepen its presence in the Middle East.

Pacific Investment Management Co. opened a Dubai office, becoming the latest major fund manager to deepen its presence in the Middle East. The Newport Beach, California-based firm, which manages …

Makhtar Diop, Managing Director of the International Finance Corporation (IFC), stated that the Washington-based organisation had provided over US$2.3 billion in financing to UAE-based multinational …

Dmitry Kaminskiy, General Partner of Deep Knowledge Group said: “The UAE’s ranking among the top 10 countries for AI companies per capita demonstrates how targeted investments are creating an …

Pre-tax profit up 27% to $2.45 billion; Customer deposits up almost 12% to $67.8 billion; NPF ratio improves 140bps to $2.48 billion …

The Dubai-based company has nearly doubled its annualised transaction volumes to over $10 billion since its last funding round in October 2023 while growing profitability …

Landlords across Dubai are bracing for potential financial pressure as the emirate implements a new artificial intelligence-driven star-rating system for buildings, with owners of older properties …

Dubai Islamic Bank (DIB), the biggest Islamic lender in the UAE, posted a full-year 2024 net profit of 8.16 billion dirhams ($2.2 billion), up more than 16% from a year ago. Total income for the year …

Tabby, a UAE-based buy now, pay later (BNPL) player, has reportedly hired banks to prepare for an eventual initial public offering (IPO).

The UAE’s Ministry of Finance (MoF) organised two high-level panel discussions on the opening day of the World Government Summit (WGS) 2025, taking place from 11th to 13th February in Dubai.The …

A recent eToro survey reveals UAE retail investors’ confidence in economic growth and tech advancements, with significant interest in real estate, technology, and global investment opportunities for …

Alieus Hedge Fund is pleased to announce that it now manages approximately $30 million in Assets Under Management (AUM). This milestone reflects the firm’s strong growth, investor confidence, and …

The Middle East and North Africa (MENA) region saw a notable surge in initial public offerings (IPOs) in 2024, with 54 listings raising a total of $12.6bn, according to the EY MENA IPO Eye Q4 2024 …

The UAE government has taken steps to move towards a fully digitized tax system by adopting E-Invoices. The E-invoicing process will be mandatory …

Abu Dhabi investment firm Lunate’s program will allow companies to transfer mandatory workers savings into six investment funds, a move that’s expected to benefit the country’s expat population.

Saudi-based buy-now-pay-later app Tabby is working with banks for an IPO, Bloomberg reported. The fintech unicorn is working with HSBC Holdings Plc, JPMorgan Chase & Co. and Morgan Stanley on the deal …

According to the EY MENA IPO Eye Q4 2024 report, MENA markets saw a total of 54 initial public offerings (IPOs) in 2024, raising $12.6bn in total. When compared to 2023, last year recorded a 12.5 per …