The IPO subscription period will run until March 23 for the UAE retail offering and March 24 for the qualified investor offering
The MoU will enable joint experimentation with regard to CBDCs and facilitate other digital innovation initiatives between the central banks
The bank is committed to developing financial solutions that help businesses scale up operations while achieving their ESG objectives
The automaker said it is pushing its strategy of modern luxury in 2023 and has started its ambitious Road to 20 programme
The savings platform is part of the Mohammed Bin Rashid Innovation Fund’s (MBRIF) Innovation Accelerator programme
The bank is a financial enabler of the UAE’s economic diversification and industrial transformation agenda
The IPO is the largest ever in Abu Dhabi and the largest globally, year to date, as the emirate is expecting eight more listings
First available in Kuwait, the multi-currency accounts will soon roll-out in phases to customers across the GCC
The listing is the latest in a series of IPOs in the Gulf region as governments seek to bring more international investors into their markets
The fund aims to give clients access to daily redemptions without locking capital up in long-term, fixed instruments
The conglomerate’s revenues surged by 78 per cent to Dhs50.9bn, driven by growth across all verticals and the company’s strategic acquisitions in 2022
The company’s declared a dividend of $19.5bn for the final quarter of 2022, a 4 per cent increase compared to the previous three-month period
Fintech is improving access to pensions in the Middle East
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The company plans to list its shares for trading on the Dubai Financial Market next month
The streaming service ended the past year with 1.52 million paying subscribers
The road-toll operator said the number of revenue-generating trips jumped 13 per cent to 413 million trips compared to 367 million in 2021
Leap’s on a mission to teach kids good money habits at an early age
The 17th EFG Hermes One-on-One Conference is being held at Atlantis, The Palm in Dubai from March 6-9
The holding company’s revenue witnessed significant growth, reaching Dhs40bn, which represents an increase of 114 per cent year-on-year
More than half of FAB’s bond issuances in 2022 were in a ‘green’ format, with the bank aiming to further grow its range of sustainable offerings
The investments increased by 3.25 per cent or Dhs16.6bn on a monthly basis
Emirates Development Bank’s financing contributed Dhs3.5bn to the UAE’s non-oil GDP and helped create more than 12,000 industrial jobs
Customers can now use Tabby to split their purchases in four monthly payments at Namshi
The rates for mortgages shorter than 20 years remain the same
The issuance of green and sustainable finance in the Middle East increased by 532 per cent to $24.6bn in 2021 from $3.8bn a year earlier.
Family-owned businesses contribute an impressive 60 per cent of the GDP and employ 80 per cent of the workforce, says the chief officer of Strategy and DIFC Ventures
The UAE is already an important market for Edmond de Rothschild, and the new presence will enhance its ability to serve the clients in the region
The firm has appointed Professor Heizo Takenaka as the chairman of Investcorp Japan
The US-based firm has been investing in the region since 2015 and has deployed about $400m in companies such as Property Finder and Network International