Dubai Financial Market - Global Business Magazine

Spinneys Plans IPO on Dubai Financial Market

Global Business Magazine April 17, 2024

Spinneys 1961 Holding, an operator of premium grocery retail supermarkets under the Spinneys, Waitrose and Al Fair brands, on Tuesday announced its intention Read More

Business News Real Estate Recession Regional

Union Properties Witness Robust Asset Sales in Q1 of 2024

Global Business Magazine April 2, 2024

Dubai-based Union Properties on Monday said that it has demonstrated robust asset sales and cash flow generation during the first quarter of 2024 Read More

Finance Featured News Regional

Agility Global Plans IPO on Abu Dhabi Securities Exchange in

Global Business Magazine April 1, 2024

Kuwait-based Agility Public Warehousing Company’s subsidiary Agility Global, which is pursuing a listing on Abu Dhabi Securities Exchange (ADX), has approved Read More

Finance Featured News Regional

Money Transfer from UAE to Egypt Surges, says Al Ansari

Global Business Magazine March 13, 2024

Al Ansari Exchange, the largest remittance and foreign exchange company in the UAE, and a subsidiary of Al Ansari Financial Services Group, Read More

Banking Featured Mergers and Acquisitions News Regional

Al Salam Bank Bahrain Increases its Shareholding in Al Salam

Global Business Magazine March 13, 2024

AL Salam Bank (ASB) Bahrain on Tuesday announced that it has increased its shareholding in Al Salam Bank Algeria (ASBA) from 53.1% to 66.7% Read More

Finance Featured News Regional

Binghatti Holding Lists $300 Million Sukuk Issuance on Nasdaq Dubai

Global Business Magazine March 11, 2024

Nasdaq Dubai welcomed the inaugural Sukuk listing by Binghatti Holding, a leading Dubai-based property developer on the region’s esteemed international financial Read More

Economy Featured News Regional

Parkin Hopes to Raise Around $430 Million Through Its IPO

Global Business Magazine March 6, 2024

Parkin, the Dubai parking spaces operator, on Tuesday set a price range of $0.54 to $0.57 per share for its IPO, for which subscription Read More

Finance Featured Regional

TECOM Group to Distribute $108.91 Million as Dividend for H2-2023

Global Business Magazine March 6, 2024

TECOM Group, the creator of specialised business districts and vibrant communities, on Tuesday said that shareholders at its Annual General Assembly Meeting Read More

Finance Featured News Regional

Dubai Taxi Company Reports Revenue of $530 Million in 2023

Global Business Magazine March 1, 2024

Backed by influx of international travellers visiting Dubai, Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in the Emirate, Read More