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UAE In-Focus – Abu Dhabi s Presight AI raises $496m in IPO

RIYADH: Presight AI, a data analytics firm owned by Abu Dhabi’s G42 Group, has listed and started trading its shares on the First Market of the Abu Dhabi Stock Exchange. The initial public offering, which raised roughly 1.822 billion dirhams ($496 million) in proceeds, witnessed strong demand from retail and professional investors. The IPO was oversubscribed by 136 times,

UAE In-Focus

RIYADH: Presight AI, a data analytics firm owned by Abu Dhabi’s G42 Group, has listed and started trading its shares on the First Market of the Abu Dhabi…

ADX market cap surges to AED2 884 trillion as ADNOC Gas starts trading Sunday

The Abu Dhabi Securities Exchange (ADX)’s market capitalisation is set to surge to the AED2.884 trillion as ADNOC Gas debuts tomorrow on the First Market - First Category, starting Monday, 13th March.The bourse market cap will rise with the listing of ADN

Naira Scarcity: Residents Frustrated, Lament As Banks Reject Old Notes In Anambra, Southeast Nigeria

Residents of Awka, Anambra State capital have been thrown into more frustration as all the commercial banks in the state capital have stopped accepting old N200, N500 and N1,000 notes. SaharaReporters had reported that the Central Bank of Nigeria (CBN), in disobedience to the interim injunction order issued by the Supreme Court, insisted that February 10 remains the deadline for the old notes to cease being legal tender.

Altenar to Power Starcasino s Sportsbook Offer in Belgium

One of the leading providers of sportsbook solutions and technologies, Altenar, has signed a new partnership with Belgian operator Starcasino

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