The fintech firm said its expansion into Jordan is at an advanced preparation stage
Companies can contribute on behalf of their employees, which is expected to enhance employee retention
The Swiss bank is expanding its UAE presence as part of a push to tap family wealth and a growing pool of entrepreneurs
A look at the emerging trends and challenges in risk management for alternative investment fund managers
The transaction will be formalised after the clearance from the Turkish competition watchdog
The cloud allows banks to launch new products and services quickly and easily, such as mobile apps and digital wallets
The new CBUAE guidance related to the virtual assets sector is aimed at strengthening the supervisory and regulatory frameworks of the country’s central bank and other relevant bodies in line with global best practices
The emirate repaid Dhs20bn as part of its total financing from Abu Dhabi and the Central Bank of the UAE
Since 1975, SFD has funded more than 700 development projects worth $18.7bn in over 90 countries around the world
The offering marks EFG Hermes’ fifth IPO this year and is the latest in a series of transactions the investment bank has advised on in the GCC region
The project is being financed by a group of nine local and international banks, through a combination of commercial and Islamic finance facilities
The logistics firm set the price range at SAR98 and SAR106 per share, implying a market capitalisation on listing of as much as SAR8.5bn
The partnerships seek to introduce members and investors to a range of services, promotional packages, and financing assistance programmes
As the first licensee of consumer finance in Egypt, Contact has played a pivotal role in growing the non-bank credit sector
The trading of the certificates on the Irish Stock Exchange was cancelled upon redemption of the certificates
The overseas office brings the bank closer to the front lines of its sustainable development work in the Middle East and Africa
The firm expects to pay the second and final dividend for 2023 in May 2024, subject to board’s recommendation and shareholders’ approval
Investments in fintech is further accelerating the ongoing pace of fintech innovation globally and in Dubai
The notification from CBUAE comes after the US Federal Reserve announced that it is maintaining its key policy rate unchanged
The deal implies an equity value of Dhs623m for the Abu Dhabi-based printing, commercial printing and last-mile delivery business
The banking sector is playing a crucial role in combating climate change by providing green financing and supporting climate initiatives
The facility was structured as a combination of revolving credit facilities and term financing facilities
The bond will be listed on the London Stock Exchange and Nasdaq Dubai
These indices will serve as reference points for various investment products, aiding institutional investors in monitoring the performance of market segments
The institutional investor tranche represents 40 per cent of the offering while the retail portion accounts for 30 per cent
The transaction marks the financial technology firm’s third issuance this year, and the sixth concluded in partnership with EFG Hermes to date
The country’s banks continue to stand on firm financial ground and are poised to navigate through the broader macroeconomic landscape
Digit9 can handle more than 300 transactions per second across a network of over 2,000 global partners
It has been structured to provide comprehensive multi-asset class investment solutions for a diverse clientele
The financial hub said a total of 102 asset managers, comprising investment firms and hedge funds, have set up shop in the city