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
According to KPMG, VC investment and deals remained subdued in Q3, as many VC investors globally remained in a holding pattern given the current uncertainties still permeating the market
This substantial investment reflects GQG Partners’ confidence in both Alpha Dhabi and the ADX as a platform for high-quality, long-term investments
The fund inked MoUs with Mizuho Bank, Sumitomo Mitsui Financial Group, MUFG Bank, Japan Bank for International Cooperation, and Nippon Export and Investment Insurance
Singapore-based Seviora Holdings oversees assets worth $51.3bn as of June 30, offering a variety of investment strategies in public and private markets
The fund will target buyouts, structured solutions, and other investment opportunities across a range of strategic sectors, including technology and healthcare
The new private equity fund will target buyouts, structured solutions and other investment opportunities across a range of strategic sectors
The indicative price range was set between SAR120 and SAR132 per share, implying a market capitalisation of between SAR3bn and SAR3.3bn
From investment impact to compliance obligations, FTI Consulting’s Nilesh Ashar explores how this tax positions Bahrain on the international tax landscape while offering strategic reliefs to boost the economy
The MD of HDI Global’s Dubai office, van Wyk discusses the critical role of innovation and tailored solutions in enhancing resilience across industries
For both cities, the ease and clarity of regulations has been a significant draw for financial investors
Last year, deals worth $17.9bn were agreed at the forum and organisers say they expect $28bn in deals to be announced this year.
The Islamic T-sukuk issuance programme plays a pivotal role in enhancing the UAE’s financial markets by contributing to the development of a UAE dirham-denominated yield curve
The group head of Corporate & Investment Banking at Mashreq says that incumbents now view fintechs as partners rather than competitors
The entire amount raised will be distributed to United Electronics Company (eXtra), the selling shareholder
The move comes as competition intensifies between Dubai, Abu Dhabi and Riyadh for regional financial dominance
The company has been involved in various infrastructure projects in the GCC, including metro extensions, desalination plants, and cultural museums
The bank’s total assets surged to Dhs1.2tn, reflecting a 5 per cent growth over last year
The offering was priced at the top of its indicative range of 370-390 baizas per share and was oversubscribed by around 2.7 times, including anchor investors