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84% of UAE investors likely to invest in future IPO offerings. For illustrative purposes

IPO appeal: 84% of UAE investors likely to invest in future offerings

Findings from Edelman Smithfield’s UAE Investor Pulse Survey 2024, show that 67 per cent of respondents agreed that having two distinct exchanges benefits the UAE capital markets

Dubai-Financial-Market releases upgraded ivestor app image Dubai Media Office

Dubai Financial Market releases upgraded iVestor app

The iVestor App allows direct subscription to both public and private offerings, enhancing investment accessibility in the region

UAE FDI in investment in early 2024 - Image-by-WAM

UAE’s FDI estimated at $2.5tn by early 2024: UAEIIC secretary-general

This robust financial footprint strengthens the UAE’s position as a significant global economic force

UAE green bonds, sukuk issuance hit Dhs15bn

Insights: Why bonds are becoming investors’ favourite words

Bond investors are presented with the opportunity to lock in one of the highest yields in more than ten years

Dubai Financial Market Company

Dubai financial frenzy: Surge as investor accounts hit new record

A major uptick in investor accounts have been recorded on the Dubai Financial Market (DFM), helped by interest in the Dubai Taxi IPO

Institutional investors were hungry for Dubai, Abu Dhabi Stocks in 2023

Institutional investors dominated the UAE equity market in 2023, capturing nearly 78 per cent of total trading activity on the Dubai and Abu Dhabi bourses

Samah Ahmed of AIX Consultancy on how AIX is helping investors tap Dubai's vast opportunities

How AIX Consultancy is helping investors tap Dubai’s vast opportunities

From visa applications to licence renewals, AIX Consultancy offers a comprehensive suite of services that allow clients to focus on their core operations

Dubai Government mulls implementation of Common Law in Free Zones Dubai Airport Free Zones Image Dubai Media Office

Dubai explores implementation of common law in free zones

This potential adoption aims to bolster the emirate’s appeal for investors and Dubai’s global competitiveness

Emirates NBD to offer fractional bonds for individual investors -GettyImages-630846210

Emirates NBD to offer fractional bonds to individual investors

The product offering will enable accessibility for individual investors to bond markets with a minimum investment of $25,000

Dubai property market Morgan Stanley

Morgan Stanley sees cash buyers and Chinese buoying Dubai property

Demand for Dubai real estate is booming after the government’s handling of the pandemic and its liberal visa policies attracted more foreign buyers

Art

How art is being incorporated into investment portfolios for diversification

Developments within the art market over the last decade have been followed almost as closely as those within the stock market

Boursa Kuwait reports 13.3% rise in 2022 net profit

Its operating profit for the 2022 financial year came in at $73.8m, increasing 22 per cent

Bal Krishen Rathore

Power Letters 2023: Bal Krishen Rathore, chairman and CEO, Century Financial

Inflation and interest rate forecasts will remain crucial in 2023

Dubai Financial Market Company posts 41.7% rise in net profit in 2022

Dubai Financial Market Company posts 41.7% rise in net profit in 2022

DFM welcomed 167,332 new investors, bringing its investor base to over one million

Dubai Islamic Bank prices $750m inaugural sustainable sukuk

Dubai Islamic Bank prices $750m inaugural sustainable sukuk

The transaction marked the largest issue size in international capital markets by a GCC bank since February 2022

Taaleem IPO

UAE’s Taaleem sets offer price range, looks to raise $204m from IPO

The subscription period starts today, with trading of shares expected to commence on November 29

Empower

Dubai’s Empower increases IPO stake size from 10% to 15%

The company’s market capitalisation at listing is expected to be between $3.56bn and $3.62bn

Empower reports robust growth of 41.3%

Dubai seeks to raise $362m from district cooling firm IPO

Empower will start taking investor orders for the IPO from Monday, with final pricing scheduled for November 9

Dubai Financial Market Company

Dubai Financial Market Company posts 133% rise in net profit for nine-month period

The company’s total revenue reached Dhs237.8m during the first nine months of the year

STC Alibaba

Arabian Drilling draws $43bn in orders for Riyadh IPO

The company set the final offer price at $26.6 a share, raising $710m after a book-building process for institutional investors

Gold is heading East as a falling price lures Asian buyers

Since peaking in March, gold prices have tumbled 18 per cent as the Federal Reserve’s rate hikes caused mass liquidation by financial investors

Abu Dhabi Securities Exchange adds stock futures to derivatives market

Abu Dhabi Securities Exchange adds five single stock futures to derivatives market

From October 6, stock futures on Abu Dhabi Islamic Bank, Abu Dhabi Commercial Bank, Fertiglobe, Borouge and AD Ports will be available for trading on the derivatives market

Salik

IPO: Dubai to sell 20% stake of road-toll operator Salik

A total of 1.5 billion shares with a nominal value of Dhs0.01 each will be made available in the offering

Oil holds gain as investors assess supply, possible OPEC+ cut

The Organization of Petroleum Exporting Countries and its allies convene on September 5

Oil August 1

Oil extends losses on global slowdown and chance of more supply

Investors are also facing the prospect of rising supply as demand moderates

Smart security

Smart security: Investing in a safer world

We explore how a rapidly changing geopolitical landscape has driven investment prospects in certain sector

Copper

Copper crash deepens as recession fears dominate metals trading

Copper fell 1.1 per cent to $7,589 a ton on the London Metal Exchange as of 11.03am in Shanghai, dipping below the $7,597 intraday low on Tuesday

Bitcoin

Bitcoin hints at a bottom, but it may be different this time

Assets under management for crypto investment products in June reached a record low

Oil

Oil holds above $110 as tight supply balanced by recession risk

Oil has started the third quarter in strong form after dropping in June

Saudi Exchange announces intent to launch single stock futures contracts in July

The new contracts mark the second derivatives product to be introduced in the exchange