Saudi Arabia has successfully sold $3.25bn, $4bn and $4.75bn bonds in tenors of six, 10 and 30 years for domestic budgetary purposes
The invitation-only event will provide attendees with insightful content sessions, interactive roundtables and integrated networking activities
The new management team has been brought on from Modon Properties as the group undergoes a restructuring since August last year
The launch of the real-time index advances the Saudi Exchange’s goal to provide investors with enhanced benchmark opportunities to help support Saudi Vision 2030’s Financial Sector Development Program
The SLL’s framework incentivises Bahrain Steel to exceed mandatory greenhouse gas emissions reductions, facilitating the company’s transition toward lower carbon operations
Al Mazrouei also serves on the boards of Abu Dhabi Retirement Pensions & Benefit Fund and AafaQ Islamic Finance
The pharmaceutical firm said the final offer price will be determined following a January 14-18 book-building period
GCC banks’ financial performance remains resilient while they capture and benefit from the growth opportunities arising on the back of the long-term National Vision
Adani currently ranks 12 among the world’s richest
The fund said the investment will enable MEPCO to expand its production, raise its operational efficiency, and support environmental sustainability
The extension of this agreement is aimed at advancing the goals of the Vision 2030 Housing Program
Here is a practical and step by step saving strategy designed to empower individuals on their journey to financial success
The GCC region has been named the “region of the year” when it comes to sovereign wealth funds, according to Global SWF
Big-ticket purchases included $4.9bn for US gaming company Scopely, $3.6bn to buy Standard Chartered’s aircraft leasing division and $3.3bn for steelmaker Hadeed
A major uptick in investor accounts have been recorded on the Dubai Financial Market (DFM), helped by interest in the Dubai Taxi IPO
BNPL fintech firms can provide short-term credit services upon being licenced by the central bank as restricted licence finance companies
The GCC region has proven to be one of the most kinetic deal markets in the world in 2023, with dealmakers expected to remain relatively active in the near future
The growth in outstanding sukuk is attributed to several factors that are driving the issuance of Islamic bonds including issuers that seek to plug budget deficits
Hear from an expert on the UAE’s newly implemented end-of-service benefits scheme
The central bank said cash deposits during the first ten months of 2023 soared by 8.12 per cent or Dhs51.6bn
With this transaction, the BNPL platform will have raised a total of $500m in equity funding, and well above $400m in debt financing
The venture will seek and leverage investment opportunities to generate sustainable financial returns on deployed capital
The go-live implementation is expected to take place early next year and once operational, investors will gain the ability to directly trade on both exchanges through licenced brokers
GenAI is an excellent tool to improve research for faster processing of more data from a wider range of sources to support decision-making
The launch of the new account falls under the bank’s Climb2Change global initiative and aims to safeguard wildlife and biodiversity
The private bank said to grapple with the prospect of more meaningful inflation in 2024 and beyond, investors might first look to equities
The pricing of SAR25 per share implies a market valuation of around SAR8.3bn at listing
The country has been encouraging issuers to raise green and sustainability-linked bonds, and sukuk to accelerate its transition to a low-carbon economy
The newly established fund will hold stakes in entities including utility giant Dubai Electricity and Water Authority, toll operator Salik and Dubai Taxi Company
Looking ahead to 2024, Saxo Bank sees a world at an inflection point, with the familiar road of the last decade coming to an end