They will be listed on the exchange’s Second Market in Q2 2021
The platform is expected to help Mashreq respond more efficiently to the funding needs of local businesses and address capital diversification too
Net proceeds from the sale of the notes will be used to repay outstanding debt
Emirates NBD Capital led 24 transactions in Q1 2021 raising over $18bn
Operating expenses of Dhs1.061bn decreased 20 per cent year-on-year and 1 per cent sequentially
With the region improving its status as a global trade hub, it is attracting more and more cross-border deals with countries such as the US, according to investment firm J&A
CoinMENA is a fully-regulated, onshore, and Sharia-compliant crypto assets exchange
DIB is the leading UAE-based sukuk issuer by value on Nasdaq Dubai with a total value of $6.3bn listed on the exchange
Net profit for the three months ended March 31, 2021, amounted to Dhs164.2m, compared to Dhs153.7m for the corresponding period last year
As economies remain volatile, investing smartly can help anyone achieve financial freedom, according to AIX Investment Group
Tristar’s IPO was slated to be the second listing in three years on the Dubai Financial Market
UAE-based Finance House’s ‘Rabeh Business’ suite of products aim to support small businesses via a wide range of offerings
Emirates will offer discounted fares for attendees of the Sharjah Entrepreneurship Festival and to startups relocating to the UAE through Sheraa’s initiatives
Over 6,000 new member companies joined Dubai Chamber in the first three months of 2021
The total value of the bank’s sukuk listed on Nasdaq Dubai stands at $17.14bn
The company plans to offer up to 24 per cent of its shares in the IPO
The government has OMR1.83bn left to raise after so far borrowing OMR1.77bn and withdrawing OMR600m from the Oman Investment Authority
Oracle survey says 67 per cent of people would prefer robots manage their corporate and personal finances
Sheikh Hamdan held the position of Minister of Finance since the first formation of the Cabinet on December 9, 1971
Gross credit in the banking system grew from Dhs1.779 trillion by the end of December 2020 to Dhs1.779.2 trillion in January 2021
It confirmed a minimum Dhs2.57bn dividend for 2022
The Central Bank of the UAE projects the country’s real GDP to increase by 2.5 per cent in 2021
Shuaa Capital led a $50m structured sukuk for Pure Harvest co-investing with Franklin Templeton and Sancta Capital
The refinancing company was set up to buy home loans from banks and other finance companies, freeing up lenders to book more mortgages
We have not yet reached gender parity – women today are still under-leveraged and undervalued in the workforce, says Invesco’s Zainab Kufaishi
There is a lot of work that can be done by organisations to ensure more women are being considered for jobs and promotions
IHC’s total assets increased to Dhs14bn as of December 31, 2020, from Dhs4bn a year earlier
With the addition of Etisalat and du’s data, AECB’s customer information database stands at 9 million individuals and 600,000 companies
The agreement will result in Anghami becoming the first Arab technology company to list on Nasdaq New York
As part of the transaction, the existing business of Emaar Malls will be reconstituted in a wholly owned subsidiary of Emaar Properties