Parkin reported that total revenue grew by 8 per cent, with public parking revenues up 11 per cent
The approval comes as Mubadala agreed to let Fortress commit to keeping technology and data in the US
The airline carried 4.2 million passengers in the January-March period, while passenger revenue came in at Dhs966m
The UAE’s Parkin Company raised the highest proceeds in the region for the quarter at $0.4bn
The 10-year issuance marks Aldar’s second green sukuk, following its inaugural $500m sukuk issued in May last year
The company’s shares started trading at Dhs1.70, against its IPO price of Dhs1.53, the top end of the price range
A new ETF tracking Saudi equities was listed in Hong Kong last year, becoming the first product of its kind in Asia
Dubai ranks at the 21st position in the recently released 2024 World’s Wealthiest Cities report
According to a Mastercard report, Kuwaiti tourists spend an average of $3,390 per card in Paris, five times as much as their American counterparts
Retirement planning consists of anticipating future needs and factoring in potential healthcare costs while ensuring that the plan aligns with personal aspirations
The holding company reported a year-on-year revenue hike of 22.5 per cent in Q1 2024, reaching a record Dhs19.3bn
Mastercard’s chief operating officer for EEMEA region Khalid Elgibali tells us about how his company is innovating when it comes to cross-border and digital payments
New corporate tax deadlines for businesses to start in May. Here’s what you need to know
The fintech firm is offering 5.3 million new shares and 17.4 million existing shares to investors – equivalent to 30 per cent of the company’s paid-up capital
At the annual shareholder gathering, Buffett backed Apple, Coca Cola and American Express
The team at NBK Capital Partners will join the $353bn asset manager as the firm’s new emerging markets private capital division
The hospital group is offering 49.8 million shares, equivalent to 21.47 per cent of the company’s total issued share capital
The iVestor App allows direct subscription to both public and private offerings, enhancing investment accessibility in the region
Leveraging favourable market conditions and investor appetite, ADQ’s bond issuance garnered significant interest
The new platform is a regulated alternative to conventional financing routes and helps private companies access capital markets
The CBUAE traditionally moves lockstep with the US Fed amid the UAE having pegged its currency to the US dollar at a rate of Dhs3.67 to $1
The company priced its IPO at the top of the previously announced range, selling its shares at Dhs1.53 per share to raise $375m (Dhs1.38bn)
The investment platform seeks to accelerate the growth of capital markets in Saudi Arabia
The increase in foreign asset volume is attributed to the rise in current account balances and deposits with banks abroad
The supermarket chain aims to raise up to Dhs1.38bn($375m) from its IPO
Consumers can activate instalment payments at checkout based on their eligibility, whether at point-of-service terminals or eCommerce platforms
flynas disclosed its financial performance this month, boasting a 32 per cent revenue surge to SAR6.3bn ($1.68bn), in 2023
The transaction for what is dubbed a tier 1 sukuk marks the first US dollar AT1 issuance from Kuwait since 2021
This initiative, announced at Investcorp’s China-GCC Investment and Business Cooperation Summit, aims to attract institutional and private investors from the GCC, along with CIC
The healthcare group plans to offer 30 million new shares and 19.8 million existing shares to investors – equivalent to 21.47 per cent of the company’s paid-up capital