Al Ansari upsizes IPO on strong investor demand
Al Ansari Exchange was founded primarily to address the foreign exchange and remittance demands of its business partners and consumers...
Tag : Abu Dhabi
Amid impressive network growth, Air Arabia witnesses record net profit
Air Arabia said their FY'22 net profit was AED 1.2 billion, up 70% from the previous year...
Abu Dhabi Investment Authority reveals reason behind good returns
by WebAdmin
Abu Dhabi Investment Authority said it gave front-line managers more freedom as part of a larger plan to streamline internal processes...
‘ETF in nascent stage in ME’
Chimera Capital announced in August that its Chimera S&P UAE Shariah ETF surpassed AED 100 million....
Overseas investors drive Dubai property market
First-time buyers, District 2020 also leads demand for residential properties in the UAE....
UAE budget airlines ought to reclaim Gulf skies
Air Arabia recently stated that it will resume direct flights from Sharjah to four different cities — Taif, Al Jouf, Gassim, and Hail....
Abu Dhabi Solar firm Sweihan raises $70 mn via green bonds
The senior secured bonds have set a coupon of 3.625%...
Abu Dhabi property rent shows a drop of 3.4% in the third quarter of 2021
This is the biggest drop in property rent since the UAE real estate market registered a 4.3 % quarterly jump in the second quarter of 2021...
Mubadala health buys 60% stake in UEMedicals
by WebAdmin
The stake has been acquired from Jadawa Investment and United Eastern Group (UEG) and marked the company’s entry into the Saudi Arabia market...
ADIB launches digital platform for corporates in Iraq to meet growing business demands
by WebAdmin
The bank wants to strengthen its presence in the Iraqi market by launching its digital platform titled ADIB Direct...