DFM News – Market Index, IPOs & Financial Reports

DUBAI FINANCIAL MARKET (DFM)

DUBAI FINANCIAL MARKET (DFM)

Dubai regulator DFSA slaps $455,000 fine on brokerage

DFSA says firm misled insurers and reinsurers using altered documents

2m read

The Dubai Financial Services Authority (DFSA), headquartered in DIFC, regulates financial firms operating in the centre.

Ghitha Holding revenue surges 9% on stronger margins

Operating profit jumps 41% to Dh267.7m as acquisitions and efficiency gains lift growth

Ghitha's accomplishment of 100% revenue growth in 2023 showcases robust market expansion and operational excellence

Dubizzle Group postpones planned IPO in a rare move

Decision came a day before Dubizzle was to start bookbuilding for public listing on DFM

Dubizzle Group postpones planned IPO in a rare move: Here's why

DP World opens Jebel Ali–Berbera route

New DP World route connects Jebel Ali to Berbera, strengthening Horn of Africa trade links

Container vessel at Jebel Ali terminal

Changes to top leadership at delivery platform talabat

Toon Gyssels to lead talabat from November as Rodriguez moves to non-executive board role.

talabat names Gyssels as new CEO as Rodriguez steps down after six years

Dubai court orders BR Shetty to pay $46m to Indian bank

Judge finds Shetty lied under oath about signing guarantee, citing 'parade of lies'

A court on October 8 ordered the founder of troubled hospital operator NMC Healthcare to pay $46 million to the State Bank of India.

Dubizzle CEO reveals dividends policy

Dubizzle CEO Imran Khan reveals details about the company's plans for dividends

Dubizzle's IPO price range will be announced on October 23 when subscriptions open. Books close on October 29, with final pricing on October 30 and listing scheduled for November 6.

What will change at Dubizzle after it goes public?

CEO says pricing stays free for buyers as company targets Saudi expansion

Dubizzle CEO Imran Khan reveals pricing strategy, core growth areas, and more post-IPO.

Dubizzle IPO: Saudi expansion, 46% margins revealed

CEO Imran Ali Khan reveals aggressive Saudi growth plans as UAE profits soar to 46% EBITDA

Dubizzle is led by a founder-driven management team, with deep sector expertise and a long track record of delivering growth. Co-founders Imran Ali Khan and Zeeshan Ali Khan have held leadership positions since the inception of the Group.

4 reasons why Dubizzle IPO is expected to stand out

Dubizzle Group’s IPO signals a turnaround — and growth potential for new investors

Dubai Financial Market (DFM)

How to subscribe to Dubizzle’s Dubai IPO

Subscriptions open October 23, close October 29 for retail and institutional investors

Dubizzle Group's IPO: A Step-by-Step Subscription Guide

Dubizzle Group to offer 30% stake in Dubai IPO

IPO to offer 1.25 billion shares on DFM as revenues climb

Dubizzle Group to offer 30% stake in Dubai IPO, eyes listing in November

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