IPO - Global Business Magazine

Dubai cooling firm Empower invites banks to pitch for IPO -sources

Global Business Magazine May 25, 2022

Dubai's Emirates Central Cooling Systems Corporation (Empower) has invited investment banks to pitch for roles in its planned initial public offering, which Read More

Energy News Regional World

Abu Dhabi’s Borouge secures cornerstone investors including India’s Adani family

Global Business Magazine May 23, 2022

Abu Dhabi-headquartered petrochemicals firm Borouge said on Monday it secured seven cornerstone investors, including India's wealthy Adani family for its $2 billion initial Read More

Finance Featured News Regional

ADX unveils rebranded growth market to encourage listings

Global Business Magazine April 15, 2022

The Abu Dhabi Securities Exchange (ADX) has announced the rebranding of its Second Market, a key equity market on the exchange that Read More

Business Featured News World

More companies eager to listed on UAE bourses

Global Business Magazine April 15, 2022

Another 23 companies are waiting for approval from the authorities to get listed in the UAE’s financial markets – Abu Dhabi Securities Exchange (Read More

Finance Featured News Regional

DEWA to commence trading of its shares from tomorrow

Global Business Magazine April 12, 2022

Dubai Electricity and Water Authority (DEWA) will start trading of its shares tomorrow (April 12), amid huge expectations from both domestic as well Read More

Finance News Regional

Gulf bourses rise, Dubai pauses after recent rally

Global Business Magazine April 4, 2022

Most Gulf indexes rose on Monday, tracking positive sentiment across the globe, while investors in Dubai took a breather after the region Read More

Finance Featured News Regional

UAE bourses perform well in Q1 of 2022

Global Business Magazine April 1, 2022

The UAE capital market indices jumped during quarterly trading, with the Dubai Financial Market (DFM) recording its eighth consecutive rise, and on Read More

Finance News Regional

Dubai shares rally as DEWA more than doubles IPO size; Saudi slips

Global Business Magazine March 30, 2022

Dubai's main share index rallied for a seventh consecutive session on Wednesday, after state utility DEWA increased its initial public offering (IPO) Read More

Finance News World

Dubai shares jump on IPO cheer; most other markets subdued

Global Business Magazine March 29, 2022

Most Gulf markets fell on Tuesday, as fears of a drop in demand for crude capped oil prices, while investors continued to Read More

Insurance News World

U.S. insurer AIG’s life and retirement unit files for IPO

Global Business Magazine March 29, 2022

The holding company of U.S. insurer American International Group Inc's (AIG.N) life and retirement business, SAFG Retirement Services Inc, filed Read More

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