Tag Archives: Featured

Business & Investments

EFG Hermes Completes Advisory on USD 428.7 Million IPO of Parkin on the DFM

Leave a comment

EFG Hermes Completes Advisory on USD 428.7 Million IPO of Parkin on the DFM

The IPO set a record for the most subscribed offering on the Dubai Financial Market, with an overall subscription of approximately 165 times.

Dubai, March 21, 2024

EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully completed its advisory on the USD 428.7 million initial public offering (IPO) of Parkin, the largest provider of paid parking facilities and services in Dubai, on the Dubai Financial Market (DFM). EFG Hermes acted as a Joint Bookrunner on the transaction.

Continue reading EFG Hermes Completes Advisory on USD 428.7 Million IPO of Parkin on the DFM →
Technologies

2024 State of Security Report from HID

Leave a comment

2024 State of Security Report from HID: Mobile IDs, MFA and Sustainability Emerge as Top Trends

Artificial Intelligence Appears in the Conversation for the First Time

Dubai, United Arab Emirates. March 21, 2024 – HID, a worldwide leader in trusted identity solutions, announces its 2024 State of the Security Industry Report, which gathered responses from 2,600 partners, end users, and security and IT personnel worldwide, across a range of job titles and organization sizes representing over 11 industries.

Continue reading 2024 State of Security Report from HID →
Ramadan Kareem

Danube Group contributes AED 10 million to Mothers’ Endowment campaign

Leave a comment

Honoring mothers by establishing an educational endowment fund

Danube Group contributes AED 10 million to Mothers’ Endowment campaign; An initiative by His Highness Sheikh Mohammed bin Rashid Al Maktoum

UAE, Dubai – March 19, 2024: Danube Group announced a contribution of AED 10 million to the Mothers’ Endowment campaign, joining the growing list of contributes to the campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The campaign is aimed to honor mothers by establishing a AED 1 billion endowment fund to support the education of millions around the world in a sustainable manner.

Continue reading Danube Group contributes AED 10 million to Mothers’ Endowment campaign →
Real Estate

“W Capital” raising awareness about successful investment in Dubai

Leave a comment

In cooperation with (IEREI)

“W Capital” raising awareness about successful investment in Dubai

Dubai – United Arab Emirates

 Tuesday 19 March 2024

Real estate expert Walid Al Zarooni, W Capital real estate brokerage CEO, announced launching an initiative to introduce the rules and principles of purchasing a property and investing in the Emirate of Dubai, in cooperation with Innovation Experts Real Estate Institute (IEREI).

Continue reading “W Capital” raising awareness about successful investment in Dubai →
Business & Investments

Pharmatrade launches its Logistics Centre in KEZAD

Leave a comment

Pharmatrade launches its Logistics Centre in KEZAD

This new centre will ensure uninterrupted medical supplies to Abu Dhabi and Al Ain.

Abu Dhabi, UAE – 19 March 2024: Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones, and the UAE-based Pharmatrade today announced the opening of Pharmatrade’s Abu Dhabi Logistics Centre.

Continue reading Pharmatrade launches its Logistics Centre in KEZAD →