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Dubai Financial Market unveils new digital platform ‘iVestor’

DUBAI/ WAM The Dubai Financial Market (DFM) announced the launch of the upgraded stand-alone iVestor App, a digital platform set to offer digital financial management for investors. The iVestor app allows direct subscription in IPOs and Arena opportunities and underscores DFM’s commitment to enhance investment accessibility and efficiency in the region. Moreover, the app provides investors with a convenient snapshot ...

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Bank of Sharjah reports net profit of AED80 million in first quarter

SHARJAH / WAM Bank of Sharjah has reported a strong start to 2024, with first-quarter results showcasing a significant increase in net profit to AED80 million. The bank’s robust metrics result from strict adherence to a focused approach to funding, lending, and operational effectiveness. The bank has demonstrated comfortable liquidity, with a customer deposit base of AED26 billion (December 31 ...

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Sewa confirms readiness to deal with effects of weather conditions

SHARJAH / WAM Sharjah Electricity, Water and Gas Authority (SEWA) has affirmed its full readiness to address any repercussions of weather conditions with well-equipped teams and state-of-the-art equipment. Between April 15 and 29, SEWA teams managed over 5,200 reports in Sharjah, 820 in Kalba, and 299 in Khorfakkan. The authority conducted repair and maintenance operations in the central region, alongside ...

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