Global sales of green bonds hit a record $513bn last year
Anghami, with 75 million registered users, has completed its merger with Vistas Media Acquisition Company
The lender reported its profit jumped 33 per cent in 2021 to Dhs4.4bn
January’s employment report due Friday is expected to be weak
The country plans to introduce a 9 per cent federal tax on corporate earnings for the first time next year
Total revenues in 2021 reached Dhs294.6m
Bitcoin dipped as low as $33,000 in January from a record of almost $69,000 less than three months ago
The bank’s total income was Dhs23.8bn, a 3 per cent rise over the previous year
The solution aims to extend the benefits of digital banking solutions to entrepreneurs
The Saudi benchmark index has jumped about 9 per cent this year
Its total assets exceeded Dhs 1 trillion, marking a 9 per cent year-on-year increase
The bank’s profits were up 271 per cent over 2020
The DFSA alleged that Naqvi instructed and encouraged other members of Abraaj’s senior management to mislead and deceive investors and stakeholders
Goldman Sachs Group raised its 12-month outlook for gold to $2,150 an ounce
Bitcoin’s moves in tandem with the Nasdaq 100 and the S&P 500 reached an all-time high this month
The bank’s total assets equalled Dhs279.1bn
NBF posted operating profit of Dhs955.6m in 2021, an increase of 6.8 per cent compared to Dhs894.6m in 2020
The fund will target businesses with a focus on fintech, AI, life sciences, consumer internet and B2B sectors
Euro-denominated outstanding debt is currently around 2 per cent of the kingdom’s overall portfolio
The framework will provide international investors with access to growth opportunities
The fund tracks the S&P Saudi Arabia Shariah Liquid Top 30 35/20 Capped Index
Growing customer awareness and the recent global health crisis have encouraged regional banks to ramp up their offerings
Bullion is holding near a two-month high even as central banks prepare to dial back stimulus
The bank’s global head of retail banking, private banking and brokerage, and chief human resources officer are leaving
Gold is holding above $1,800 an ounce after dropping for the first time in three years in 2021
Following $122bn in debt sales in 2021, governments and companies will probably front-load much of their funding needs this year
The $700m placement is the largest green bond issued in the region
The alternative coins’ use surged partly as more businesses have begun using stablecoins for cross-border payments
The number of commercial banks operating in the UAE totalled 58 in 2020 against 51 in 2010