Tag: ipo

RELATED ARTICLES: Dubai to get 2,270 new Azizi homes in Q4 2018 | $93m Fawad Azizi homes launched in Dubai Healthcare City | Azizi Riviera reaches construction milestone Mirwais Azizi said Azizi Devel…
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“It remains our intention to launch an IPO of Emirates Global Aluminium … fund Mubadala and the Investment Corporation of Dubai, is the world’s third-largest producer of primary aluminum …
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Emirates Global Aluminium, the UAE’s biggest industrial company outside the oil and gas sector, has delayed its initial public offering that was slated for 2018 due to unfavourable market conditions. …
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US tariffs on aluminium imports have prompted Emirates Global Aluminium, which produces about 4 percent of the metal globally, to delay an initial public offering. A planned share sale in the UAE may …
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Dubai: Islamic finance is expanding rapidly in Africa, spreading across 18 African markets with great prospects for growth, according to rating agency Moody’s. While Islamic bond (sukuk …
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Sico, a leading regional asset manager, brokerage, and investment bank, has been accredited to provide liquidity and act as market maker for companies listed on Dubai Financial Market (DFM). Its funct…
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Read More New UAE Visa Law Might Propel It to Top 10 World Financial Hubs UAE Residents Spend Most of Their Income on This Category Health sector spending reached Dh766 million, accounting for 7.3 per …
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Dubai Chamber of Commerce and Industry will head a new working group which will be tasked with engaging various public and private sector stakeholders and tackling a variety of banking challenges face…
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the retailer must meet the financial credit requirements specified by the FTA. In a statement, the FTA warned that that a retailer’s membership in the tourist refund scheme could be revoked it they fa…
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Four of the top banks grew their L&A market share, and two banks increased market share overall [L&A and deposits],” the UAE Banking Pulse report for the second quarter of 2018 by A&M said. Dr Saeeda …
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DUBAI, Sept 20 (Reuters) – Saudi Arabian utility developer ACWA Power IPO-ACPO.SE has delayed plans for an initial public offering (IPO), originally envisaged for this year, sources familiar with …
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The three-month period saw a jump of 8.8 per cent in transfers to Dh44.4 billion as against Dh40.7 billion during the same period last year, data from the Central Bank of the UAE data shows. Other top …
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Expat remittances from the UAE totalled AED 88 billion ($23.96 billion) in the first half of 2018, a 13.1 percent growth from the AED 77.8 billion ($21.18 billion) recorded during the same period in 2…
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The transaction, under Al Hilal Bank’s new management team, marks the first Senior Public Sukuk from the UAE since April 2018, and re-opens the Capital markets for GCC issuers. Al Hilal Bank was last …
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DUBAI, Sept 20 (Reuters) – Commercial Bank, Qatar’s third-largest lender by assets, is in early talks with banks to refinance a $1 billion syndicated loan, sources close to the matter said. The deal w…
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DUBAI, Sept 20 (Reuters) – Commercial Bank, Qatar’s third-largest lender by assets, aims to raise $750 million through a syndicated loan, a bank spokesman said on Thursday. The deal would be the secon…
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The UAE’s real gross domestic product (GDP) is poised to grow at 2.3 per cent in 2018, underpinned by an estimated 3.6 per cent year-on-year growth in the non-oil sector in the second quarter, the cou…
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