#finance
Regional integration efforts like the GCC facilitating smoother M&A transactions by streamlining regulations and cross-border investments will support M&A growth
Governments around the world are increasingly treating private sector companies as key partners in tackling societal challenges, including climate change
Looking to invest? Diversified portfolios can continue to generate strong returns heading into 2024. Read on for these and other tips…
On an annual basis, the central bank’s public budget surged by 32.15 per cent, equivalent to Dhs158bn
With digital transformation added into the mix, the modern CFO role has transformed into that of a future-facing navigator, combining risk mitigation with near-live opportunity mapping
The rupee closed at 83.1062 to a dollar on Friday, August 18, within striking distance of its record low of 83.2912 touched in October last year
Tawasal is a secure multi-purpose messenger and super app, which offers free calls, chats, video conferencing and lifestyle services
Majid Al Futtaim reported a 5 per cent increase in consolidated revenue to Dhs18.9bn, and EBITDA growth of 13 per cent year-on-year to Dhs2.1bn
The MoU will see the creation of a working group to discuss new ways of delivering supply chain financing to small and medium enterprises in the UAE
The department urged the public to always use authorised money exchange houses or banks to exchange foreign currency
HSBC Saudi Arabia, Al Rajhi Capital, SNB Capital, and AlJazira Capital have been appointed as joint lead managers to lead the transaction
The banking group’s net profit after tax and minority interest rose by 20 per cent to reach EGP405m
The MoU strengthens VARA’s aim to achieve full transparency and market conduct adherence across virtual asset service providers licenced to operate in Dubai
Saudi Arabia dominated the region in terms of the number of listings, with four listings on the Tadawul’s main market raising $0.8bn
Since the launch of its microlending services in early 2023, YaSchools has received financing requests worth more than $40m
The rights issue was oversubscribed 7.4 times, with a total demand of Dhs4.1bn
The plan will develop financial policies to promote economic growth, create a competitive business environment and strengthen international economic relations
This agreement is part of SFD’s efforts to support sustainable development in developing countries and small island developing states
Sukuk and bonds had a high pricing correlation of 0.95 (out of 1) on average and low average spreads between 2018 and H1 2023
The conglomerate said its revenues surged by 30.8 per cent year-on-year to Dhs28.7bn as the company sustains its growth trajectory
The deal will see HSBC make a $35m investment into Tradeshift in two stages and also join its board
Under Cabinet Decision No (75) of 2023, penalties will be imposed on taxable persons who do not comply with the UAE corporate tax law effective from August 1
Building an emergency fund, budgeting, reducing debt, diversifying income streams and planning for the future are all key steps toward achieving financial stability
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
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 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 bank said access to InstaPay App will offer its customers a new level of convenience and flexibility in managing their finances