Company Insights Dubai Financial Market (DFM) Markets Dubai Financial Market (DFM) News Banking & Finance School operator Taaleem up next in string of Dubai IPOs UAE schools operator Taaleem Holdings is the latest in Dubai’s string of initial public offerings (IPOs) as the emirate continues to open up key state-owned assets for investment. Dubai’s privatisation drive this year to raise revenue and boost investor interest includes the listing of 18 percent of utility company Dewa on the Dubai Financial Market. It […] November 18, 2022 Banking & Finance Digital bank launches Gulf’s first IPO subscription service Customers of online bank Liv. can now subscribe to an IPO in its app, a first for a digital lender in the region. Liv., which is owned by Dubai’s Emirates NBD, is launching a digital platform that will allow investors to register their interest for upcoming IPOs and will provide information on individual listings, such […] November 16, 2022 Markets Empower raises nearly $724 mln following book-building process Emirates Central Cooling Systems Corporation (Empower) has set the final offer price for its initial public offering (IPO) at AED 1.33 per share, at the top of the price range, raising nearly AED 2.7 billion ($724 million). This comes following the successful completion of the book-building and public subscription process for its IPO, the UAE […] November 10, 2022 UAE’s Taaleem to raise $204m from IPO on Dubai bourse Taaleem Holdings, the UAE-based K-12 premium education provider with 26 schools, will launch an initial public offering on the Dubai Financial Market to raise AED 750 million ($204.19 million) to expand its network. The company will offer 10 percent of its shares to retail investors starting November 10 and 88 percent to professional investors on […] October 31, 2022 Analysis Mena markets buck global IPO downturn The Middle East and North Africa (Mena’s) IPO market continued to “forge its own path” during the first nine months of 2022, showing significant growth while the global landscape remained subdued. According to the latest EY Mena IPO Eye report, the Mena region witnessed a 288 percent year-on-year increase in the number of companies listing […] October 26, 2022 Banking & Finance Empower targets Gulf expansion with IPO cash boost Dubai’s Emirates Central Cooling Systems Corporation (Empower) plans to launch its initial public offering (IPO) on the Dubai Financial Market on November 16, as it eyes expansion to neighbouring Gulf states, company executives said on Monday. Subscriptions will open on October 31 and close on November 7. Final pricing will be set on November 9 […] October 24, 2022 Logistics Aramex makes largest ever acquisition in $265m US deal Aramex has completed the acquisition of Access USA Shipping, a platform that enables cross-border e-commerce, for $265 million. The transaction marks the logistics company’s largest acquisition to date, it said in a filing on Dubai Financial Market. Aramex said Access USA Shipping, which is better known as MyUS, will be integrated into their business, operating […] October 19, 2022 Real Estate Union Properties finalises $162m deal to restructure its debt The developer of Dubai's MotorCity has repaid $60.7m to lenders after a turbulent year that included fraud allegations and a new board October 18, 2022 Banking & Finance Dubai’s TECOM board proposes $54m interim cash dividend Dubai business park operator TECOM Group’s board has proposed an interim dividend payment of AED 200 million ($54.45 million), subject to shareholder approval at its upcoming annual general meeting. The proposed AED 200 million payout is in line with its previously announced dividend policy of distributing AED 800 million annually through to October 2025. The […] October 18, 2022 Analysis Banking & Finance UAE government’s IPO juggernaut raises $13.3bn and counting A flurry of government-backed initial public offerings (IPOs) on the Dubai and Abu Dhabi stock markets has helped rejuvenate UAE bourses, as local and international investors seek exposure to the country’s buoyant economy. While Europe and the US fret over soaring inflation and likely recession, and most emerging market currencies wilt versus the dollar, Gulf […] October 12, 2022 Posts navigation Previous 1 … 16 17 18 19 Next
Banking & Finance School operator Taaleem up next in string of Dubai IPOs UAE schools operator Taaleem Holdings is the latest in Dubai’s string of initial public offerings (IPOs) as the emirate continues to open up key state-owned assets for investment. Dubai’s privatisation drive this year to raise revenue and boost investor interest includes the listing of 18 percent of utility company Dewa on the Dubai Financial Market. It […] November 18, 2022
Banking & Finance Digital bank launches Gulf’s first IPO subscription service Customers of online bank Liv. can now subscribe to an IPO in its app, a first for a digital lender in the region. Liv., which is owned by Dubai’s Emirates NBD, is launching a digital platform that will allow investors to register their interest for upcoming IPOs and will provide information on individual listings, such […] November 16, 2022
Markets Empower raises nearly $724 mln following book-building process Emirates Central Cooling Systems Corporation (Empower) has set the final offer price for its initial public offering (IPO) at AED 1.33 per share, at the top of the price range, raising nearly AED 2.7 billion ($724 million). This comes following the successful completion of the book-building and public subscription process for its IPO, the UAE […] November 10, 2022
UAE’s Taaleem to raise $204m from IPO on Dubai bourse Taaleem Holdings, the UAE-based K-12 premium education provider with 26 schools, will launch an initial public offering on the Dubai Financial Market to raise AED 750 million ($204.19 million) to expand its network. The company will offer 10 percent of its shares to retail investors starting November 10 and 88 percent to professional investors on […] October 31, 2022
Analysis Mena markets buck global IPO downturn The Middle East and North Africa (Mena’s) IPO market continued to “forge its own path” during the first nine months of 2022, showing significant growth while the global landscape remained subdued. According to the latest EY Mena IPO Eye report, the Mena region witnessed a 288 percent year-on-year increase in the number of companies listing […] October 26, 2022
Banking & Finance Empower targets Gulf expansion with IPO cash boost Dubai’s Emirates Central Cooling Systems Corporation (Empower) plans to launch its initial public offering (IPO) on the Dubai Financial Market on November 16, as it eyes expansion to neighbouring Gulf states, company executives said on Monday. Subscriptions will open on October 31 and close on November 7. Final pricing will be set on November 9 […] October 24, 2022
Logistics Aramex makes largest ever acquisition in $265m US deal Aramex has completed the acquisition of Access USA Shipping, a platform that enables cross-border e-commerce, for $265 million. The transaction marks the logistics company’s largest acquisition to date, it said in a filing on Dubai Financial Market. Aramex said Access USA Shipping, which is better known as MyUS, will be integrated into their business, operating […] October 19, 2022
Real Estate Union Properties finalises $162m deal to restructure its debt The developer of Dubai's MotorCity has repaid $60.7m to lenders after a turbulent year that included fraud allegations and a new board October 18, 2022
Banking & Finance Dubai’s TECOM board proposes $54m interim cash dividend Dubai business park operator TECOM Group’s board has proposed an interim dividend payment of AED 200 million ($54.45 million), subject to shareholder approval at its upcoming annual general meeting. The proposed AED 200 million payout is in line with its previously announced dividend policy of distributing AED 800 million annually through to October 2025. The […] October 18, 2022
Analysis Banking & Finance UAE government’s IPO juggernaut raises $13.3bn and counting A flurry of government-backed initial public offerings (IPOs) on the Dubai and Abu Dhabi stock markets has helped rejuvenate UAE bourses, as local and international investors seek exposure to the country’s buoyant economy. While Europe and the US fret over soaring inflation and likely recession, and most emerging market currencies wilt versus the dollar, Gulf […] October 12, 2022
