Securities and Commodities Authority reveals cash dividends and bonus shares for public joint-stock companies in the UAE
Securities and Commodities Authority
Latest in Securities and Commodities Authority
Abu Dhabi Securities Exchange
UAE IPO: NMDC Energy shares end day up 8% in year’s biggest offering
NMDC Energy shares soared more than 21 per cent after IPO in the UAE
Abu Dhabi Securities Exchange
NMDC Energy IPO oversubscribed by 31 times as record offering generates $24bn demand for UAE listing
NMDC Energy set to raise $877m in massive UAE IPO
Abu Dhabi Securities Exchange
NMDC Energy shares to debut on ADX at AED 2.8 in upcoming IPO
The issue will open on Friday, August 30
brokerage
UAE: Equiti cracks down on corporate scam
Equiti Group is working closely with the regulators to take action against the fraudsters
Green bonds
SCA-registered green bonds and sukuks cross $4.2bn in 2023
Chairman Al Shorafa says UAE government’s decision to exempt registration fee for issuing these sukuk and bonds has led to the surge
Abu Dhabi
Abu Dhabi: Invest AD’s new fund to give UAE investors premier access to Blackstone’s $295bn credit business
The SCA regulated Invest AD Blackstone Private Debt Fund will bring Blackstone’s institutional-calibre credit platform to qualified non-US investors
Abu Dhabi Securities Exchange
ADC gets shareholders’ nod for UPP take over, PIPE issue
ADC to issue 6.2 million new Class A shares to ADQ in exchange for UPP stake
Abu Dhabi Securities Exchange
ADQ-backed ADC announces landmark SPAC merger deal with United Printing & Publishing
UPP will become a publicly listed company on ADX; The transaction implies an enterprise value of $163.4 million for the company
Abu Dhabi Investment Company
Abu Dhabi launches first investment fund manager under new SCA rules
The new investment fund manager aims to provide investors in the UAE with access to investment solutions that are specifically tailored to their needs
BHM Capital
Dubai’s BHM Capital successfully integrates with DFM for seamless trading
The integration gives BHM Capital the authority to enable fast and seamless on-boarding and opening of trading accounts
Abu Dhabi National Oil Company
ADNOC L&S IPO size increased to 19 percent on strong demand
ADNOC has increased the number of shares being offered to 1,405,714,765 – 19% of the company’s total issued share capital
Abu Dhabi Securities Exchange
UAE financial markets to remain closed for Commemoration, National Day
The Dubai Gold and Commodities Exchange, however, will takes its own decision on the start and end date of the holiday, according to work requirements and the public interest
Abu Dhabi Securities Exchange
KFC operator Americana increases IPO shares for UAE retail offer to 10%
Americana was previously reported to list over 2.52 billion shares on UAE and KSA bourses
100% foreign ownership
Emaar to allow 100 percent foreign ownership from next Tuesday
There will be no shareholding limit for foreign ownership from October 25
Abu Dhabi Securities Exchange
UAE’s Burjeel announces price range, subscription period for IPO
The price for the offering ranges between AED2.00 to AED2.45 per share, implying an equity value of $2.7 billion to $3.3 billion
DFM
Dubai Financial Market set to permit DGCX licensed brokerage firms to become its derivatives members
This follows DFM obtaining approval from the Securities and Commodities Authority for such a move