Public offerings from Spinneys and LuLu Group are being hailed as game changers for the UAE market. Traditionally, IPOs in the UAE have been dominated by government utilities and private corporations.
In 2023, 15,481 Indian enterprises joined the Dubai Chamber of Commerce, indicative of the UAE market's appeal among global investors.
UAE directs banks and insurers to allow six-month loan repayment delay for customers affected by unstable weather.
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