The holding company reported a year-on-year revenue hike of 22.5 per cent in Q1 2024, reaching a record Dhs19.3bn
Mastercard’s chief operating officer for EEMEA region Khalid Elgibali tells us about how his company is innovating when it comes to cross-border and digital payments
New corporate tax deadlines for businesses to start in May. Here’s what you need to know
The fintech firm is offering 5.3 million new shares and 17.4 million existing shares to investors – equivalent to 30 per cent of the company’s paid-up capital
At the annual shareholder gathering, Buffett backed Apple, Coca Cola and American Express
The team at NBK Capital Partners will join the $353bn asset manager as the firm’s new emerging markets private capital division
The hospital group is offering 49.8 million shares, equivalent to 21.47 per cent of the company’s total issued share capital
The iVestor App allows direct subscription to both public and private offerings, enhancing investment accessibility in the region
Leveraging favourable market conditions and investor appetite, ADQ’s bond issuance garnered significant interest
The new platform is a regulated alternative to conventional financing routes and helps private companies access capital markets
The CBUAE traditionally moves lockstep with the US Fed amid the UAE having pegged its currency to the US dollar at a rate of Dhs3.67 to $1
The company priced its IPO at the top of the previously announced range, selling its shares at Dhs1.53 per share to raise $375m (Dhs1.38bn)
The investment platform seeks to accelerate the growth of capital markets in Saudi Arabia
The increase in foreign asset volume is attributed to the rise in current account balances and deposits with banks abroad
The supermarket chain aims to raise up to Dhs1.38bn($375m) from its IPO
Consumers can activate instalment payments at checkout based on their eligibility, whether at point-of-service terminals or eCommerce platforms
flynas disclosed its financial performance this month, boasting a 32 per cent revenue surge to SAR6.3bn ($1.68bn), in 2023
The transaction for what is dubbed a tier 1 sukuk marks the first US dollar AT1 issuance from Kuwait since 2021
This initiative, announced at Investcorp’s China-GCC Investment and Business Cooperation Summit, aims to attract institutional and private investors from the GCC, along with CIC
The healthcare group plans to offer 30 million new shares and 19.8 million existing shares to investors – equivalent to 21.47 per cent of the company’s paid-up capital
Egypt has moved ahead with administrative realignment of the region after the country signed a $35bn FDI deal with the UAE’s ADQ earlier this year
Miahona was established as one of the first proponents of the public-private partnership (PPP) model in the kingdom
In 2022, ADQ and OIA identified investment opportunities worth over $bn in key sectors of Oman’s economy
Set up in 2004, Plenary has a portfolio of 21 assets under management valued at over $25bn across Australia and the Middle East
Stiven Muccioli’s insights shed light on BKN301’s mission to revolutionise banking services, underscoring the importance of innovation, adaptability, and cybersecurity in the ever-evolving fintech landscape
The emirate is rated “Aa2” by Moody’s and “AA” by both S&P and Fitch Ratings
The subscription period for UAE retail investors will run from April 23-29, and for professional investors until April 30
The bank moved up four places to rank 109th in Brand Finance’s top 500 banking brands globally
Egypt allowed its currency to weaken sharply on March 6 after keeping it fixed to the dollar for nearly a year
The Indonesian bank’s share price rose on Thursday in trade despite denials from ADIB that it is in talks to acquire a 15 per cent stake