Aramco’s shares were up about 1.7 per cent to SAR32.3 a share, slightly above their 2019 IPO price of SAR32
Financial literacy empowers women to cultivate a habit of regular savings and investing, and it starts with keeping track of expenses and budgeting
Foreign banks that violate the law face a stiff penalty of not more than Dhs500,000
A total of 102 asset managers, comprising investment firms and hedge funds, who manage 141 funds have set up shop in Abu Dhabi
The new MoU reaffirms the UAE’s commitment to tackling financial crime through enhanced cooperation, training and innovation in combating these evolving threats
We explore how private markets can boost your retirement portfolio
The agreement aims to expand cooperation between the two parties and enable new and promising investment opportunities in Bahrain
We sat down for a chat with Deloitte on the sidelines of LEAP 2024 to know about their focus areas for the year ahead
The fundraising had the participation of Sanabil Investment, a unit of Public Investment Fund, venture capital firm STV, and Salla’s existing shareholders
The cryptocurrency has gained 50 per cent this year amid a surge in inflows into US-listed bitcoin funds
The company will offer around 25 per cent stake, in the emirate’s first privatisation deal this year, giving it an overall valuation of up to Dhs6.3bn
The cryptocurrency has gained 50 per cent this year and most of the rise come in the last few weeks where trading volume has surged for US-listed bitcoin funds
The case sets the stage for the upcoming trial of British hedge fund trader Sanjay Shah, the main suspect in the “cum-ex” trading scheme
The transaction creates a unique opportunity to acquire a large-scale portfolio with a production capacity of 600,000 barrels of oil equivalent per day
The bank opened its fully licenced branch in mainland China in 2022 and grew its business there by 50 per cent in 2023
Khaldoon Mubarak told an investor conference that sovereign funds had an opportunity to transform from asset investors to enablers of global progress
The sukuk marks the lowest-ever credit spread achieved by DIB and the largest sustainable issuance by a regional financial institution in nearly a year
The company said the delay was due to the regulatory framework still being finalised in Saudi Arabia to enable the listing of foreign companies
This solution leverages advanced neuro-symbolic AI to offer family offices and wealth managers a new level of control and understanding of their data
The penalty was implemented to prompt taxpayer compliance with tax laws through timely corporate tax registration
The fund aims to close the current funding gap that exists for local and regional entrepreneurs
The grey-list exit will increase the international community’s confidence in the country’s financial services sector
The issuance marks the first real estate benchmark US dollar-denominated sukuk from the MENA region in 2024
The project is expected to create significant job opportunities, attract further foreign investment, and contribute to the North African country’s tourism and economic growth potential
An exit from the grey list marks a swift turnaround for the UAE, which was initially added to the list of jurisdictions under increased monitoring in March 2022
India, Argentina, China, Russia, Malaysia and South Africa registered the largest increases, signalling potential growing challenges in debt repayments
in5 has incubated about 900 startups since its inception, and its tech-focused vertical is currently home to 270 active startups
The framework would be a process that is governed and regulated and a catalyst for increasing the free float of listed companies
Investor meetings are scheduled to start from February 20 and will be followed by a benchmark-sized US dollar-denominated unsecured Sukuk offering
Saudi Arabia’s Minister of Investment, Khalid Al-Falih shared these milestones at the third Saudi Capital Market Forum in Riyadh on February 19