The company’s starting market capitalisation is expected to be $4.1bn
The H2H implementation has facilitated the automation of treasury cycles and reconciliation processes through scheduled transmissions
Bullion had been hovering above $1,700 an ounce for most of September
The bank appointed Al Khatib as its CEO in the kingdom in 2021
Ether surged more than fivefold in 2021, outperforming Bitcoin by a wide margin, in part on optimism over the Merge
Besides the UAE foreign minister’s latest visit, we take stock of the key developments and events since the signing of the historic accords
The 100 per cent paperless process is expected to save more than 16,800 trees per year and more than 4,000 tonnes of carbon dioxide emissions
Salt and Investopia will work together to organise a prestigious, invitation-only conference featuring the world’s leading investors, entrepreneurs and policy experts
The bank will support help Businesswomen Account holders grow their businesses through exclusive seminars and workshops featuring industry leaders
Bullion ended 1.3 per cent lower on Tuesday after the consumer-price index figures were released
The studio aims to create new highly skilled jobs in Bahrain for both local and international talent, on both its core team and at the startups it helps to launch
A key alignment of the framework with international best practices is the mandatory prerequisite for registered insolvency practitioners to obtain a security bond before any appointment
Abu Dhabi-based Taqa has significant investments in power and water generation, transmission and distribution assets, as well as upstream and midstream oil and gas operations
The Abu Dhabi sovereign wealth fund’s unit MC Brazil F&B Participações is now proposing a tender offer to acquire 45.15 per cent of the firm’s shares at $1.62 apiece
Deliberations about a potential listing are in the early stages and no final decisions have been made
The principles aim to support FSRA’s collaboration with other regulators and inform the wider public of how it responds to underlying risks in the sector
The new five-year T-Bonds will contribute to strengthen the local debt capital market and build the UAE dirham-denominated yield curve
The portal grants developers access to a suite of Emirates NBD APIs across six key categories
Bullion has mainly fluctuated between $1,700 an ounce and $1,720 in September after several months of declines
The bank approved a $1.79m grant for projects in key sectors such as food security, health, transport, energy, urban development, education, water and sanitation
Elevated yields tend to weigh on non-interest bearing bullion
The bank has adopted a ‘Green Bond Framework’ to provide a long-term platform to support further mobilisation of capital for green projects
The largest cryptocurrency by market value has dropped almost 60 per cent this year to around $19,000
The improved onboarding process also provides access to other regional exchanges, advanced trading platforms and mobile app
A total of 537 new companies joined the centre in the first half of the year
The move will direct funds to Europe’s biggest carmaker to foot the staggering cost of electrification and software development
The largest digital token has shed more than 6 per cent so far this week
Global sukuk issuance in the first half of 2022 raised $100.9bn, marginally lower than $104.2bn in H1 2021
Central banks globally are set to keep raising interest rates to fight inflation, weighing on non-yielding assets like gold
Bitcoin dropped as much as 0.8 per cent to $19,591 on Sunday and was little changed as of 7.50am in New York