DUBAI / WAM Al Ansari Financial Services on Monday announced it has set the final offer price for its IPO at AED1.03 per share, at the top of the previously announced price range. The announcement follows the completion of the book building and subscription process for its initial public offering (IPO). Al Ansari raised, through the initial public offering, AED773 …

ABU DHABI / WAM After most of the multi-billion dollar airport construction projects were put on the back burner or temporarily curtailed over the past three years, operators and investors have been racing down the tarmac as the Middle East and Asia-Pacific regions are expected to account for 58% of the global air passenger demand in 2040. The Capa – …

ABU DHABI / WAM Edge Group has announced the acquisition of UAE-based Trust International Group, a defence trading specialist and major supplier of premium solutions to the UAE Armed Forces and security establishments. Trust will join Edge within its Trading and Mission Support cluster, complementing the Group’s existing multi-domain capabilities. Founded in 2004, Trust acts as a supplier and military …