The listing is the latest in a series of IPOs in the Gulf region as governments seek to bring more international investors into their markets
The fund aims to give clients access to daily redemptions without locking capital up in long-term, fixed instruments
The conglomerate’s revenues surged by 78 per cent to Dhs50.9bn, driven by growth across all verticals and the company’s strategic acquisitions in 2022
The company’s declared a dividend of $19.5bn for the final quarter of 2022, a 4 per cent increase compared to the previous three-month period
Fintech is improving access to pensions in the Middle East
Here are a few tips on how to start building your financial future
The company plans to list its shares for trading on the Dubai Financial Market next month
The streaming service ended the past year with 1.52 million paying subscribers
The road-toll operator said the number of revenue-generating trips jumped 13 per cent to 413 million trips compared to 367 million in 2021
Leap’s on a mission to teach kids good money habits at an early age
The 17th EFG Hermes One-on-One Conference is being held at Atlantis, The Palm in Dubai from March 6-9
The holding company’s revenue witnessed significant growth, reaching Dhs40bn, which represents an increase of 114 per cent year-on-year
More than half of FAB’s bond issuances in 2022 were in a ‘green’ format, with the bank aiming to further grow its range of sustainable offerings
The investments increased by 3.25 per cent or Dhs16.6bn on a monthly basis
Emirates Development Bank’s financing contributed Dhs3.5bn to the UAE’s non-oil GDP and helped create more than 12,000 industrial jobs
Customers can now use Tabby to split their purchases in four monthly payments at Namshi
The rates for mortgages shorter than 20 years remain the same
The issuance of green and sustainable finance in the Middle East increased by 532 per cent to $24.6bn in 2021 from $3.8bn a year earlier.
Family-owned businesses contribute an impressive 60 per cent of the GDP and employ 80 per cent of the workforce, says the chief officer of Strategy and DIFC Ventures
The UAE is already an important market for Edmond de Rothschild, and the new presence will enhance its ability to serve the clients in the region
The firm has appointed Professor Heizo Takenaka as the chairman of Investcorp Japan
The US-based firm has been investing in the region since 2015 and has deployed about $400m in companies such as Property Finder and Network International
There will be a lot of interest in fintech
Emirates NBD said that the sukuk received strong appetite from regional and global emerging market investors
ADNOC is selling a 4 per cent stake in ADNOC Gas, with each of the 3.07 billion shares being offered at between Dhs2.25 and 2.43
The project is expected to stimulate commercial activities and improve transport links between the main cities in the country
Dubai International Financial Centre is offering reduced licensing fees and capital requirements for hedge funds domiciling a domestic fund
The entities will jointly drive UAE national work placements and offer finance training, SME financing platforms, a fintech sandbox and corporate innovation programmes
The two parties will jointly organise workshops, training and awareness programmes to exchange knowledge and experience
The financial centre registered the highest number of new firms – totalling 1,084 – last year