The UAE’s initial public offering (IPO) pipeline is poised to diversify as Cafu, a Dubai-based fuel delivery start-up, considers selling a stake in the business. This potential sale comes amid strong investor demand for new listings, as reported by Bloomberg, which cited sources familiar with the matter. Cafu is reportedly collaborating with Lazard, a financial...
Dubai-based Cafu, a fuel delivery service, is exploring the opportunity to raise funds by selling a stake in the company for the first time. This information comes from sources familiar with the situation who chose to remain anonymous as discussions are still in the preliminary stage and no final decisions have been made. Founded in...
Cafu, a fuel-delivery service based in Dubai, is exploring the possibility of raising funds by selling a stake in the business for the first time. This information comes from individuals familiar with the situation who requested anonymity due to the private nature of the discussions. Founded in 2018 by Rashid Al Ghurair, a member of...
Lazard is enhancing its presence in the United Arab Emirates by opening a new office in Abu Dhabi, which will act as the investment bank’s primary financial advisory hub in the country. The announcement was made by Lazard on Tuesday, emphasizing the strategic significance of the UAE and the opportunities it presents. Peter Orszag, the...