Money & Finance – Page 8

Al Ansari IPO: UAE money exchange may raise as much as $210m

March 27, 2023

Dubai’s Al Ansari Exchange has completed its first public offering (IPO), generating Dh773 million.

The UAE money and exchange company Al Ansari Financial Services may raise up to Dh773 million ($210 million) via the sale of a 10% interest in an initial public offering. According to the firm, it is selling 750 million shares and has set the offer share price range at between Dh1 and Dh1.03 per share, implying a market capitalisation of between Dh7.5 billion ($2.04 billion) and Dh7.73 billion ($2.10 billion) at listing.

Dubai Now Said Be A New Destination For All It's Creative All Around The World.

by Prerna

March 27, 2023

Dubai Now Said Be A New Destination For All It’s Creative All Around The World.

Artists, designers, and performers with big goals are increasingly looking for places that will help them transform their ideas into thriving businesses. Dubai is growing as a new destination for creatives from all over the world seeking new pastures to realise the commercial potential of their great ideas.

'Life Goals' Initiative To Empower Blue-Collar Workers In Dubai.

by Prerna

March 27, 2023

‘Life Goals’ Initiative To Empower Blue-Collar Workers In Dubai.

The “Life Objectives” initiative of Dubai Holding is a Programme aimed at empowering blue-collar workers in the United Arab Emirates (UAE). The Programme is intended to improve the workers’ quality of life and to assist them in achieving their personal and professional goals.

UAE Took A Step Forward On Contributing To India's 500-GW.

by Prerna

March 27, 2023

UAE Took A Step Forward On Contributing To India’s 500-GW.

India’s objective of adding 500 gigatonnes of sustainable energy in the next seven years is both real and powerful. As one of the largest renewable energy investors, the UAE and Masdar (a renewable energy investment firm) will explore all opportunities for collaboration with India to contribute to its high-growth-low-carbon path.

by Prerna

March 27, 2023

Dubai’s Most Expensive Neighborhoods.

Dubai is one of the world’s most ‘cheap’ luxury residential marketplaces. The Palm Jumeirah, one of Dubai’s most prestigious locales, has seen prime price growth of more than 100% since the pandemic began. Premium home prices in Dubai’s most desirable neighbourhoods surged 89% in the last year, although prices are growing from a low foundation.

Dubai Luxurious Properties Of 2023 have been revealed.

by Prerna

March 26, 2023

Dubai Luxurious Properties Of 2023 have been revealed.

According to recent data, Dubai’s thriving real estate sector is expected to rise by 46 percent next year. According to Realiste data, home prices in Dubai have increased by 20-40% in the last year. Other localities had considerably greater growth. Palm Jumeirah, for example, increased by 59 percent, while Trade Center First increased by 210 […]

by Prerna

March 24, 2023

UAE ‘Digital Dirham plan’ A Essential step in the nation’s monetary evolution.

The CBDC strategy was first unveiled in February as part of the central bank’s program to position the UAE as a global financial hub. The Central Bank of the UAE introduced its “The Digital Dirham” Central Bank Digital Currency [CBDC] strategy. The Central Bank of the United Arab Emirates (CBUAE) is getting closer to completely […]

by Prerna

March 22, 2023

Dubai Showoff There New Gold And Silver Coin Designs.

Dubai has a long history of being a hub for gold and silver trade, and it’s not uncommon for the city to release new coins as part of its ongoing efforts to promote its status as a center for precious metals. Dubai’s DMCC has unveiled prototypes of a new series of gold and silver bullion […]

by CEO Editorial Team

March 17, 2023

New financing of over US$300 million approved by OFID, along with implementation of Climate Action Plan.

The OPEC Fund for International Development (OFID) has approved more than $300 million in financing in the first quarter of 2023, in support of its Climate Action Plan. The OPEC Fund is committed to ensuring a positive impact on people and the planet through its efforts in Africa, Asia, and Latin America. Three out of […]

by CEO Editorial Team

March 16, 2023

49 Companies Enroll in ADIO’s Innovation Programme

Abdulla Abdul Aziz Al Shamsi, the Acting Director-General of the Abu Dhabi Investment Office (ADIO), has highlighted the office’s global expansion over the past two years. During this period, ADIO has successfully opened eight representative offices in various global economic capitals, emphasizing the office’s efforts to attract more companies specializing in innovation and technology to […]

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