This increase follows the introduction of a regulatory framework designed to formalise the role of financial content creators in the UAE’s investment landscape
Securities and Commodities Authority
Latest in Securities and Commodities Authority
anti money laundering
UAE securities regulator fines company $1.36mn for money laundering violations
An investigation revealed that the sanctioned entity collaborated with an overseas company to engage in practices that targeted investors within the UAE
Digital Securities and Commodities
UAE calls on financial influencers to obtain licence
Securities and Commodities Authority calls on financial influencers in the UAE to obtain licence
Finfluencers
UAE launches first ‘Finfluencer’ licence to regulate digital finance content
The initiative aims to formalise and supervise digital financial content while enhancing investor protection in the UAE
End of service benefits UAE
First Abu Dhabi Bank launches new end-of-service benefits funds for private sector
The initiative, now available to all private sector entities in the UAE, allows businesses to invest in their employees’ end-of-service benefits (EOSB) as part of the government’s new Alternative EOSB Savings Scheme
Dividends
UAE public joint-stock companies hand out $16.8bn in dividends
Securities and Commodities Authority reveals cash dividends and bonus shares for public joint-stock companies in the UAE
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
