The highly anticipated IPO of one of Dubai’s most attractive infrastructure plays is set to raise over AED 3.7 billion (USD 1.0 billion), marking yet another flagship issuance on the ever-growing Dubai Financial Market (DFM) and a highly successful monetization event by the Government of Dubai   Dubai, September 29, 2022   EFG Hermes, the leading investment bank franchise in Frontier Emerging Markets (FEM), announced today that its Investment Banking division has successfully concluded advisory as Joint Bookrunner on the initial public offering (IPO) of Dubai’s exclusive toll-gate operator – Salik – on the Dubai Financial Market (DFM).     … Continue reading EFG Hermes Serves as Joint Bookrunner on Dubai-Based Salik Company PJSC (Salik’s)Initial Public Offering (IPO)

Art be a Part, the new artists’ community in Dubai dedicated to supporting humanitarian causes, staged a highly successful first fundraiser. The auction of artwork contributed by artists from around the world raised AED243,000 on Saturday night, with the proceeds dedicated to Dubai Cares, part of Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI), and UNICEF India. “This is just the start, but we have received a wonderful response to the initiative, and I’m so grateful for all the support we have received to make the auction such a success,” said Art be a Part founder, Medha Nanda, following the … Continue reading  ART BE A PART LAUNCHES WITH DUBAI AUCTION  

Medha Nanda, Art be a Part founder, heartened by response ahead of artist’s community’s first Dubai fundraiser Art be a Part founder Medha Nanda says the newly-formed artist’s community, which stages its first fundraising event in Dubai on Saturday, is being welcomed as a unique platform to draw support for humanitarian causes. Proceeds from the auction of artwork, contributed by artists and photographers from around the world, will be directed to Dubai Cares and UNICEF India. Artist and philanthropist Nanda says her passion to support humanitarian initiatives, particularly those providing aid for vulnerable children in India, has been matched by … Continue reading ART CREATING NEW SPACE TO DRAW HUMANITARIAN HELP