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Space42 merges Bayanat’s sophisticated geospatial analytics with Yahsat’s premier satellite communications and AI innovations
The company plans to list 900,000,000 shares each with a nominal value of AED0.10
Dual-tranche offering includes a $1 billion seven-year bond due in 2031 and a $1 billion 30-year bond due in 2054
The name change is set to take effect on October 1, 2024
The Egyptian stock exchange led the Arab stock exchanges with the largest monthly increase of 4.64 percent
The offering comprised 1.15 billion shares of the company, 23 percent of total capital, priced at AED 2.8 each
At the close of the subscription period, the retail tranche was oversubscribed 600 times
In July 2024, Masdar successfully raised $1 billion through its green bond issuance under its Green Finance Framework
Since the start of 2024, ETF trading volume has reached 450.7 million units
Subscription period to open on Friday, August 30, 2024, for individual investors in the UAE
Agreement to pave the way for the inclusion of the Armenia Securities Exchange as a member of the Tabadul Digital Exchange Hub
The UAE market contributed a remarkable 58 percent of 2023 IPO proceeds in the GCC region
