The bank said its strong performance was driven by broad-based income growth and improved efficiency metrics
The execution of the first international securities lending and borrowing transaction is the latest step in the continued evolution of Dubai’s capital markets
The blockchain firm said its new UAE entity will focus on deposit token infrastructure to promote cost-effective and borderless trade finance
Proceeds from the bond offerings will be deployed towards projects in the renewables sector, namely solar, wind, renewable power transmission and distribution infrastructure, and battery storage assets
Artificial intelligence tools are gaining traction as demand to analyse huge amounts of data grows in the field of ESG risk analysis
Building an emergency fund, budgeting, reducing debt, diversifying income streams and planning for the future are all key steps toward achieving financial stability
Sovereign wealth funds in the GCC region continue to increase in number, size, variety and scope
The programme covers unpaid salaries, gratuity, repatriation costs of return for its employees or their mortal remains and unreimbursed expenses
According to the bank, the product’s fixed-rate tenor offers home buyers a worry-free experience, free from any large final payment or unexpected changes in installments
Sukuk issuance is expected to plunge in Q3 2023 before picking up pace in the last quarter of the year
The IMF sees the global GDP slipping to the 2.8 per cent range for this year, below the 2022 advance estimates of 3.4 per cent
Open banking is giving banks in the MENA region the opportunity to expand their ecosystems, reach and balance sheets
The sukuk issuance demonstrates the growing appetite for Islamic finance instruments in the GCC region
The inaugural forum will be held at the Ritz-Carlton DIFC on October 4-5
The product offering will enable accessibility for individual investors to bond markets with a minimum investment of $25,000
The bank reported an operating income of Dhs2.5bn in the first six months of 2023, up 41.9 per cent from Dhs1.7bn for the same period a year earlier
The fund is stage-agnostic and will invest primarily in companies with clear product-market fit that are demonstrating revenue growth
The issuance was met with robust demand, attracting interest from over 240 global and regional investors with the final order exceeding $7bn
The association represents more than 2,100 corporate members with over $2.5tn hedge fund and private credit assets
The school operator added 28,563 students for the 2022/23 academic year, a 36.2 per cent YoY increase in enrolments
Abu Dhabi Catalyst Partners is a joint venture between Mubadala Capital and Alpha Wave Global
The bank said access to InstaPay App will offer its customers a new level of convenience and flexibility in managing their finances
The bank’s operating income jumped 14 per cent year-on-year to QAR18.5bn compared to the same period a year earlier
The payment solution allows businesses to securely collect and process payments while seamlessly integrating with their existing processes
The rebranded division brings in-depth knowledge and expertise across a range of markets across the Middle East
The bank aims to boost software development, collaboration and customer engagement using tools such as GitHub Copilot X, ChatGPT and MS 365 Copilot
Powered by a strategic rebranding, EFG Holding continues to maintain a competitive edge across frontier and emerging markets. Group CEO Karim Awad shares the details
The transaction is expected to close in the third quarter, subject to regulatory approvals
The latest round of hiring at Shuaa Capital comes amid a flurry of capital markets activity in the Middle East
Verition manages approximately $7.3bn across its strategies, with over 400 employees globally