XS.com Group CEO, Mohamad Ibrahim, commented: We extend our heartfelt gratitude for being honoured with the prestigious Top Trusted Broker and Top Global CEO award at the Middle East Financial Markets Awards Ceremony. This recognition is a testament to our unwavering commitment to excellence and the trust our clients place in us. […] we…
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All three companies kicked their IPOs off on a high note, with trade closing above the initial pricing on the first day. Since, share prices have been seesawed somewhat, fueling renewed rounds of speculations. It seems short sellers played a significant role in Arm Holdings’ stock, which dipped below its $51 IPO price for the…
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In its last financial year, the company achieved more than $7bn in production in India. Apple has not yet responded to confirm these speculations. India is Apple’s base for the manufacture of iPhones. Rumours have it that the company also plans to start making Airpods in this country. In an earlier Bloomberg interview this month,…
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Last week, the FinTech company acted as the Global Sponsor of the Traders Fair South Africa on 16 September, which aimed to network the various traditional banking, insurance, investment and alternative FinTech innovations across the globe. Commenting on XS.com’s upcoming sponsorship, Andreea Ilies, XS.com Global Head of Events, stated: The Fintech landscape in the UAE…
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The company, which shops and delivers groceries to customer doors, went public on Tuesday with an IPO price of $30 per share. It kicked off its debut trading at $42, 40% higher than the set IPO price. This pegged Instacart’s value at about $13.9bn. On Thursday, the company’s market cap sat at an estimated $8.33bn.…
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In a recent press release, Mont Royal noted that with new groundwork intelligence, the exploration program is set to begin with 8 target areas that show significant promise for lithium exploration. A comprehensive analysis of the Wapatik property has identified approximately 30 distinct targets. These targets are believed to correspond to outcropping pegmatites. Notably, several…
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To top this, FP Markets also won the best broker in Europe and the best partners programme in Asia twice in a row. Other prominent industry accolades include an award for best CFD broker in Africa, awarded at the FAME Awards 2023, and the best trade execution and most transparent broker awards, awarded at the…
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This IPO is not only the largest of the year but also the largest in the past two years. Since the Rivian IPO, nothing has made a market splash like Arm since 2021. Palpable excitement among investors boosted the Dow Jones by more than 330 points. Softbank, Arm’s parent company, acquired the chip maker for…
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Others under the Goldman Sachs wing include the delivery service, Instacart, and the marketing automation platform, Klaviyo. Expected to go public sometime next week, these companies are part of the revival of tech IPOs after movements in the sector were quiet for some time. These IPOs test more than just investor willingness to risk their…
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Upon sealing the deal, HonorFX clients can freely access Orbex products and services. In a media statement on its website, the company said: The partnership will enable us to cement our longstanding position as one of the leading brokers in the MENA region and expand the brand’s presence in Asia and beyond. The move will…
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