UAE IPO pipeline looks strong in first half of 2015-PwC
The pipeline of IPOs (Initial Public Offering) looks quite strong at least in the first half of 2015, but falling equity markets and crude oil prices might have a knock on impact in the later part of the year, PricewaterhouseCoopers said.
Strong third quarter propels Deyaar’s net to Dh193.04m
Net profits weighed in at a substantial Dh193.04 million for Deyaar Development over the first nine months, helped by a Dh78.47 million recorded during the third quarter. This compares with Dh87.15 million and Dh40.48 million respectively for the respective periods last year.
CBD Q3 profit surges 21.2%
Commercial Bank of Dubai's (CBD) net profit for the first nine months of 2014 increased by 18.4% to Dh890.1 million from Dh751.5m for the first nine months of 2013.