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Behind Swvl’s turnaround
The Nasdaq-listed startup has seen its share price rise 928% over the past six months
ICD-backed Alec taps banks ahead of planned IPO
Alec appointed Emirates NBD Capital and JPMorgan Chase as advisors
More DFM IPOs this year?
Plus: Dubai Metro stations resume operations a month after flooding
Lunate launches Japanese ETF
The new ETF tracks 30 of the most liquid listed Japanese stocks
UAE led IPO activity in terms of proceeds in the MENA region in 1Q 2024
Plus: Alpha Dhabi will hold a shareholder vote on several acquisitions on 10 June
You get a visa, you get a visa, everybody gets a visa
PLUS: M42 to launch a new AI clinical model
Emirates NBD’s asset management arm launches its debut public fund in DIFC
FundStar’s investors will have access to foreign funds in highly regulated jurisdictions
Drake & Scull can now relist on the DFM after raising AED 450 mn in capital boost
The capital increase comes as part of wider restructuring plans after it was suspended from trading on the DFM in…
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