State-owned energy companies include electric transmission company TEIAS, electricity producer EUAS, gas grid operator BOTAS and oil and gas developer TPAO
OQ is offering 1.69 billion shares, equivalent to 49 per cent of OQ Base Industries’ total issued share capital, at Bzs106 to Bzs111 per share
The indicative share price of Dhs1.50 and Dhs1.60 per share implies a market valuation of around Dhs37.3bn at the top of the range
The findings of the report represent a significant step toward enhancing gender diversity and inclusivity in corporate governance
The offer period runs from November 24 to December 8, and the trading debut on the Bahrain Bourse is scheduled for December 19
With the financial gap to meet the SDGs continuing to grow, the report calls on institutional investors to rethink their strategies and seize the opportunity for transition investment in the MEASA region
The MENA region’s M&A landscape in 2024 highlights a growing appetite for cross-border transactions, sectoral diversification, and a shift towards sustainable, digital-first investments
The founder and chairman of MultiBank Group explains how the group navigates regulatory challenges, employs technologies like AI and blockchain, and aligns its growth with Dubai’s financial vision
The holding firm said the first tranche of Dhs1.8bn, equivalent to 36 percent of the total, is expected to begin on November 18
FAB’s EOSB Funds also simplify the administrative process for employers, enabling them to register through the bank’s EOSB online portal
The strategic partnership between ADCP and Investindustrial aligns with the UAE’s goals to foster innovation, attract foreign investment, and boost job creation within ADGM
President-elect Donald Trump embraced digital assets during his campaign, promising to make the US the “crypto capital of the planet”
This partnership is set to continue expanding and play a pivotal role in meeting the global demand for bespoke private debt and equity financing solutions
Delivery Hero is offering 3.5 billion shares in Talabat at a nominal value of Dhs0.04 apiece, representing 15 per cent of its total issued share capital
MENA funds have shown robust performance, particularly in the energy sector, driven by the region’s abundant natural resources
To seize the opportunity that digital wealth management presents, banks should first look for an engagement banking platform that can be layered on top of existing investments
As autonomous vehicles become more prevalent, the insurance industry must evolve to address the new landscape of risks and liabilities
The future of BaaS in the GCC looks promising, driven by advancements in regulatory technologies (regtech), quantum computing and 5G/6G technology
By combining advanced digital tools, data analytics and automation, regtech streamlines processes, alerts against violations, creates reassurance, and can enhance operations
Most GCC economies have been largely shielded from stubbornly high inflation elsewhere, and have implemented ambitious plans to diversify revenue sources and boost non-oil growth
The MENA IPO market is expected to close out 2024 on a high note, driven by government support for economic diversification and growing interest from regional and global investors in the MENA region’s dynamic opportunities
The holding firm’s financial position is backed by its total assets of Dhs382.9bn as of September 30, driven by investments and asset transfers
The right sort of education in banking and finance is going to become even more important for the GCC in a world of technology-driven automation and climate change, says the MD of MENA and Asia at The London Institute of Banking & Finance
The growth in the country’s debt capital markets demonstrates its expanding financial landscape and its strategic role in the global Islamic finance market
The National Investment Strategy 2031 is more than a roadmap for FDI growth; it represents the UAE’s strategic intent to be a leader in emerging sectors and a magnet for top talent
Jamal Saleh, director general of the UAE Banks Federation (UBF), emphasises the need for a robust and inclusive digital lending ecosystem in the UAE to support economic growth and financial inclusion
The listing would allow investors to invest in Oman’s only production company of methanol, ammonia and LPG products
The price range for the shares remains unchanged at between Dhs1.94 and Dhs2.04 per share
The kingdom’s total spending came to SAR339bn in the quarter as it continued to spend heavily on its Vision 2030 transformation programme
With more than 2,000 entities, including 231 financial services firms, ADGM remains the MENA region’s only financial centre applying English Common Law directly