DFSA’s efforts have also bolstered the growth of the capital markets within the DIFC, which remains the world’s largest market for ESG sukuk
The Islamic T-Sukuk issuance programme aims to build a UAE-dirham denominated yield curve and boost the local debt capital market
The ’24 Fintech event, taking place from September 3-5 in Riyadh, is set to be an essential gathering for industry leaders, investors, and innovators driving the future of finance
The region’s fintech sector is rapidly transforming, driven by strong investments, supportive regulations, and visionary initiatives like Saudi Arabia’s Vision 2030. As the sector grows, industry leaders share their insights on what lies ahead
The IPO remains subject to market conditions and regulatory approval from the Securities and Commodities Authority
Amnah Ajmal, EVP – Market Development, EEMEA, Mastercard, shares insights on how technology is transforming the region’s retail landscape and the brand’s latest partnership and initiatives
Hind Abdulrahman Al Ali, board director at Dubai Investments, discusses the pivotal role of women in leadership and her vision for a more inclusive future
The facility agreement was signed with a diverse global syndicate of 23 international financial institutions
Al Majed for Oud is offering 7,500,000 shares to investors – equivalent to 30 per cent of the company’s paid-up capital – at a price range of SAR90 to SAR94
The growth plan comes as Isbank marks its 100th anniversary and as Turkish authorities seek to stamp out soaring inflation with high interest rates
We profile some of the most iconic Indian business titans based in the Gulf, highlighting their journeys and achievements
The private bank has grown its assets under management to $116bn as at end-September 2023 from about $20bn in 2010
The milling is offering the shares in two tranches — to institutional investors and retail investors — between September 1-19
The dirham stable coin will be accessible globally and “fully backed” by liquid UAE-based reserves
The Bayesian, a 56-metre yacht flying the British flag, was carrying 10 crew members and 12 passengers when it sank off the coast of Sicily
Gold has gained nearly 22 per cent so far this year with geopolitical tensions and uncertainty created by the upcoming US elections
The shares were sold to the Endowment of Sheikh Sultan bin Mohammed bin Saqer Al Qasimi, the Sharjah Social Security Fund and Sharjah Islamic Bank
The sovereign wealth fund said it recorded more than OMR1.7bn in profit and contributed OMR800m to the state’s general budget
The perfume retailer is offering 7,500,000 shares to investors—equivalent to 30 per cent of the company’s paid-up capital
This collaboration marks Emirates NBD as the first bank in the UAE to integrate an independent ratings agency into its voluntary carbon market trading operations
Enthusiasm over a likely interest rate cut by the US Federal Reserve in September propelled bullion to an all-time high of $2,509.65 on August 16
SEDCO Capital’s new fund is expected to attract both local and international investors, offering them a vehicle to tap into the growing Saudi market
These tips from cybersecurity experts at Kaspersky will help you navigate the digital landscape securely
Sectors such as clean energy, metals and minerals, transport and logistics, and digitalisation are expected to see significant funding as part of the kingdom’s economic diversification efforts
Both exchanges will explore cooperation on dual-listing, ETFs, mutual display of indices, and fixed-income products
Soliman’s resignation had been anticipated, with one government source saying Egypt’s political leadership wanted to introduce fresh faces into key positions, as part of a broader reshuffle
ADNOC Drilling is the largest drilling and integrated services company in the Middle East
The agreement is expected to strengthen cross-border market activity between the two markets
The financial hub issued 1,271 new licences in H1 2024, a 20.5 per cent increase compared to the corresponding period a year ago
Deliberations between ADQ and Bank Audi are reportedly ongoing, and no final decisions have been made