Prism formed a consortium with RSP to complete the purchase of the group at the end of last year
At launch, CoinMENA’s platform will be available to residents of Bahrain, the UAE, Saudi Arabia, Kuwait and Oman
The Kuwait Banking Association said in June that there would be no distribution of dividends to shareholders for 2020
Open banking offers potential for better customer experience and additional revenue streams
The proceeds will help strengthen Bank Audi group’s capitalisation and financial resilience
The Gulf Arab kingdom is selling benchmark-size seven-year debt, 12-year securities and/or notes maturing in 30 years
The wealth fund holds stakes in some of the world’s top companies
Bank plans to quadruple wealth clients in five years
The UAE, Egypt and Saudi Arabia accounted for 68 per cent of the total deals disclosed in 2020
Digitisation is underway and accelerating in the Middle East – but what are the key technologies being deployed?
The fund is reshaping its structure to focus on four business platforms: UAE investments, disruptive investments, direct investments and real estate and infrastructure
First Abu Dhabi Bank opened books on a $500m five-year sukuk
The relocation plan is expected to be completed in three phases by October this year
The 26 stocks recommended over the past five months have seen stellar returns, states entrepreneur and investor Shailesh Dash, who shares his market perspective in this monthly column
The country last year announced it would impose a 5 per cent VAT in an effort to bolster the economy
Investors have pushed risk assets including stocks to sky-high valuations on expectations that widespread vaccine distribution in 2021 will reignite economic growth
As societies adopt more digital payment tools, it is important to bring along the 25 million locally who are still living in cash mode
The option to postpone installments is to be offered to all customers residing in the kingdom, whether individuals or companies
Oman’s central bank also said banking sector in the sultanate was “comfortably placed”
Centre Lane plans to use the capital to expand its private-credit and special-opportunities platforms and to increase capital commitment
The reshuffle comes as the PIF and its subsidiaries prepare to significantly increase domestic spending
Trading on the shares begins on December 21
Etihad Credit Insurance insured the exports of the SMEs as well as their operations in the domestic market allowing them to stay competitive
Locally-listed ETFs are a simple, cost-effective and efficient investment tool and will increasingly be used as such in the coming months and years
The deal is also among the first significant commercial transactions between UAE and Israeli companies
The fintech sector is booming – supported in part by the Covid-19 pandemic – and Northern Ireland offers regional businesses a great platform for growth
FAB Indonesia will serve as a bridge to facilitate trade and investment flows between the UAE, the wider GCC region, Egypt and Asia
Sustainable investing acts as a conversation enabler between generations
Islamic Development Bank report places Bahrain in third place globally
Dorothea aims to develop a pipeline of large-scale sustainable heating networks in the Netherlands