Traders carry out routine trading activities at the DFM.
Multiply Group, a technology-enabled holding company based in Abu Dhabi, on Friday announced that it will be investing Dhs367 million into the Dubai Electricity and Water Authority’s (DEWA’s) landmark initial public offering as a cornerstone investor.
Dubai Electricity and Water Authority (Dewa) has announced it will list 6.5 per cent of its existing shares as part of an initial public offering (IPO) on the Dubai Financial Market (DFM), in line with new strategic directions to develop the emirate’s financial
Salik Company on Friday announced that it has increased the number of shares offered in Salik’s Initial Public Offering (IPO) from 1,500,000,000 ordinary shares to 1,867,500,000 ordinary shares,
US consumer spending fell for a second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation continued to subside, which could give the Federal Reserve room to further slow the pace of its interest rate hikes next week.
Sri Lanka’s economy could contract by -3.5 per cent or -4.0 per cent in 2023 after shrinking -11 per cent last year, President Ranil Wickremesinghe said. “From 2024, we will take this economy to positive growth.
In response to the continued rapid growth of Dubai’s digital industries and the growing start-up culture in the emirate, Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers,