Its cost-to-income ratio stood at 77 per cent in the third quarter of the year, decreasing from 90 in Q2 2022
The offering comes almost a year after the stock exchange went public in a $1bn initial public offering
This marks Investcorp’s fourth healthcare investment in India and its first in the dental industry in the country
It includes a formal framework for both entities to provide SMEs with access to trade financing
Upon listing, Empower will become the world’s largest district cooling services provider on a stock exchange
The asset manager has been expanding holdings from the US to Asia as it seeks to reach assets of about $100bn
Continued momentum in direct and indirect acquisitions were the main drivers behind the growth rate over the previous year’s quarter, with IHC’s total assets increasing to Dhs198.8bn
While securing a bank loan that suits individual needs can be time-consuming and often unsuccessful, banking as a service may be the solution
Investing in green stocks can be a great way to protect your portfolio from market volatility
The global food production industry is increasingly turning to green financing as a way of mitigating its impact on the planet
The fund will mainly focus on buyouts of firms in or close to the region that spans the Chinese cities of Hong Kong and Macau
The US Federal Reserve upped its policy rate by three-quarters of a percentage point for the fourth consecutive time
The company’s market capitalisation at listing is expected to be between $3.56bn and $3.62bn
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The amendments were based on past experiences, challenges faced by various business sectors and recommendations received from relevant parties
The stockpile grew by SAR36.8bn from the previous month in the biggest increase since June
Empower will start taking investor orders for the IPO from Monday, with final pricing scheduled for November 9
Based in Saudia Arabia, Human Development Company provides educational, medical and rehabilitation services
The agreement provides a framework for facilitating cross-border collaboration between the two authorities on supervision and enforcement actions
Choosing the right broker to trade with can be a daunting task. Here, we list the most important criteria and sources to follow in order to make an informed decision
The new branch will offer clients a Swiss platform, with a focus on wealth preservation and legacy planning
Cryptocurrencies, like other riskier investments, have been suffering in a tighter-monetary-policy environment
The company’s total revenue reached Dhs237.8m during the first nine months of the year
The kingdom has its lowest unemployment rate in two decades and has managed to keep inflation at 3 per cent
The lender posted total income of Dhs22.7bn, rising 31 per cent year-on-year
The plan includes carving out Credit Suisse’s advisory and leveraged finance business into a separate unit renamed Credit Suisse First Boston
The lender posted an operating profit of Dhs932.5m for the first nine months of the year, marking a 25.1 per cent rise compared to the previous year
The fund will be managed by Aramco Ventures, the venture capital arm of the oil giant
The eDirham system will be replaced with Magnati, the smart payment option from First Abu Dhabi Bank
The announcement follows the launch of the Saudi Egyptian Investment Company in August