Media & Advertising Streaming service Starzplay planning to go public Starzplay Arabia, an Abu Dhabi-based streaming platform, expects to go public in the next two or three years, its chief executive said on Thursday. Starzplay is among the global and regional streaming players vying for a share of the burgeoning Middle East market, hoping to tap into the region’s large youth population and take advantage […] June 2, 2022
Banking and Finance Bahrain’s GFH commences trading on Abu Dhabi bourse Bahrain investment bank GFH Financial Group commenced trading today on the Abu Dhabi Securities Exchange (ADX) after the listing of its shares on the stock market under the ticker ‘GFH’. It marks the investment bank’s fourth regional listing; its shares are already listed and actively traded on the Bahrain Bourse, Boursa Kuwait and the Dubai Financial Market. Today’s listing is set to further expand GFH’s […] June 1, 2022
Lifestyle Juan Carlos to visit Spain after two years in UAE exile The former king of Spain, Juan Carlos, will travel to his country this weekend for the first time since he left under a cloud of scandal in August 2020, making his home in the United Arab Emirates. Juan Carlos, 84, is visiting the northern region of Galicia for a boating event, according to the mayor […] May 17, 2022
Analysis Media & Advertising $4.4bn sounds a lot but e& has made the right call on Vodafone Vodafone and e&, formerly known as Etisalat, will look to launch new products globally while working together to make greater efficiencies following the UAE telco’s deal to buy a $4.4 billion stake. Following the announcement that the UAE’s biggest telecoms operator has acquired a 9.8 percent stake in British mobile operator Vodafone Group, AGBI spoke […] May 16, 2022
Banking and Finance Vodafone shares rise as telecoms group e& buys $4.4bn stake The group, formerly Emirates Telecommunications Group, said it supported the board and had no plans to buy the UK mobile operator outright. May 16, 2022
Exclusive Tech Why London-Dubai tech tie-up hits investment ‘sweet spot’ The London Technology Club (LTC), a community in Europe for investment opportunities in the technology sector, has announced the launch of LTC Dubai, its first international investment hub. The hub is supported by Global Ventures, the international venture capital firm focused on investing in emerging market founders. Konstantin Sidorov, founder, CEO and general partner of […] May 12, 2022
Japan’s Nikkei hits two-month low after Wall Street slides Japan’s Nikkei fell to its lowest in almost two months today as technology heavyweights tracked a sharp decline on Wall Street overnight. The Nikkei share average fell 1.77 percent to 25,748.72, the lowest since March 15. The broader Topix fell 1.19 percent to 1,829.18. “It was hard to bet on Japanese stocks after the Nasdaq’s […] May 12, 2022
Analysis Markets ‘Savvy’ investors snap up DEWA shares Plenty of mystery surrounds the listing of Dubai utilities giant DEWA, the Middle East’s largest IPO since the floating of Saudi Aramco in late 2019. When CNBC’s Dan Murphy organised an interview with DEWA’s CEO, he hoped to extricate some details from the infamously secretive boss. Amid surging shares following news of the float, Saeed […] May 9, 2022
Exclusive Media & Advertising Starzplay Arabia: the rise and rise of a streaming giant With new shareholders on board, Starzplay Arabia’s Danny Bates is looking to the future with renewed confidence May 9, 2022
Insight Markets DEWA IPO bodes well for Dubai’s asset sale A further nine government and state-owned companies are now set to be listed on the DFM Optimism is growing over government plans to monetise state assets following the hugely successful Dubai Electricity & Water Authority (DEWA) initial public offering (IPO). DEWA debuted on the Dubai Financial Market (DFM) on April 12 in the UAE’s largest […] May 9, 2022
Opinion Old friends, new vision: the Gulf and UK are shaping the future The Gulf's ambition, energy and skill coupled with Britain's heritage in innovation creates a formidable partnership that promises exceptional opportunities May 9, 2022
Markets Oil drives rise in Gulf stock markets Major Gulf bourses closed higher on Wednesday, with a rise in oil prices driving the Saudi index up more than one per cent, while geopolitical tensions weighed on sentiment in Egypt. Oil prices rose 1.4 per cent on a drop in US oil inventories and concern over tighter supplies from Russia and Libya. Saudi Arabia’s […] April 20, 2022
