Democrance helps insurers increase their digital sales and access new customer segments
The subscription will be open from November 2 to November 9
Geopolitical tensions heightened by the Middle East crisis pose the biggest threat to the world economy
The SCA-regulated fund will offer local feeder access to Blackstone’s US and European private credit strategies
Heads of state, CEOs, financiers, and policy experts, to discuss the challenges in light of rising global economic and geopolitical unrest
As Israel and Gaza have erupted in violence, multinational companies operating in the country have had to scramble to protect their employees while continuing operations
The banking group’s operating income reached Dhs7bn in Q3 2023, a 27 per cent YoY increase compared to Dhs5.5bn in the third quarter of 2022
The fundraising in Q3 2033 contributed to $1.4bn raised through 286 transactions in the first nine months of the year
Participating card issuers and acquirers in UAE, Saudi Arabia and Qatar will be able to offer cardholders flexible and transparent payment plans at merchant checkouts, both in-store and online
The government has been looking to tap less conventional sources of finance since a foreign borrowing spree caused its repayment schedule to balloon
UN Secretary-General António Guterres, in a statement, urged forum participants to put the SDGs Stimulus Package into effect
The mining index rose 1.3 per cent as prices of base metals were lifted by hopes of stronger demand from China
The proceeds from the sukuk issuance will be used to fund eligible green projects in line with the company’s recently published sustainable finance framework
The web3 company is piloting the Fluent Economic Bridge platform in Kenya and plans to develop a digital trade corridor with the UAE
The IMF and the World Bank, which are holding their annual annual meet in Morocco said the ongoing violence in Israel threatened to darken the already tepid global economic outlook
The bank’s deposit base rose by 4 per cent between January and September to reach $226bn
Birkenstock is the fourth major company to launch a US IPO in the last four weeks
The 10-year notes, which were 5.6 times oversubscribed, carry a 4.87 per cent coupon rate and will mature in July 2033
Food security is one of the five priority sectors that the development bank supports to contribute to the country’s national development agenda
Big US investors such Texas Teachers’ Pension and California State Teachers’ Retirement System have cut exposure to Chinese equities
The fund is looking at opportunities in the private credit market, as banks become more cautious about lending due to rising financing costs
The budget estimates expenditures of Dhs64.1bn in 2024, up 1.6 per cent from estimates for 2023
Almost all the stocks on the index were in negative territory including blue-chip developer Emaar Properties
The proposed dividend payout is in line with the company’s previously announced dividend policy of distributing Dhs600m
The cards, the first of their kind in the kingdom, include a cashback credit card and prepaid card without annual fees
Banks in recent months have been tightening the amount of foreign currency clients can use in Egypt and on how much can they can charge to their credit cards while abroad
The school operator added 28,490 new students for the 2022/23 academic year, a 35.9 per cent year-on-year increase in enrolments
The global CEO and chairman explains how the company has emerged as an industry-leading digital remittance firm providing an expansive set of offerings
The Investment Corporation of Dubai is the principal investment arm of the emirate’s government
This development follows last week’s announcement by IHC that it had entered a definitive agreement to sell its stake in AGEL and ATL