The additional funding will further boost Paymob’s efforts to expand its regional footprint and reinforce its position as a leading payments provider in the region
The investment management firm said it has served clients in the Middle East for many years, but Abu Dhabi office would be its first in the region
The share buyback will be carried out through open-market purchases and financed by the lender’s retained earnings and excess cash
The airline had planned to go public this year, but it decided to wait until 2024 to showcase its strong financial performance
The event explored transformative innovations in capital markets and regulatory developments while highlighting investment prospects
Finstreet’s subsidiaries – Finstreet Global Market, Finstreet Global Clearing and Settlement, and Finstreet Capital – have received financial services permissions from ADGM’s FSRA
The construction and dredging services firm offered 1.15 billion shares in NMDC Energy, and the offering was 31.3 times oversubscribed
Standard Chartered is among banks that have been extending their foray into the crypto sector as more institutional investors adopt the asset class
The centre has launched a first-of-its-kind DIFC Funds Centre to support hedge fund spinouts, fund platforms as well as boutique wealth and asset management firms
The subscription period is expected to commence this month, with the listing anticipated in October
The UAE division’s CEO discusses the firm’s strategies for bolstering cross-border business and the importance of sustainable finance, ESG and digital transformation
The company has a robust presence in the Saudi flour market, and it is known for its premium FOOM brand, which holds the largest market share
From navigating market fluctuations to seizing new avenues for growth, AIX has demonstrated resilience and agility at every turn
Mozn is making waves in the global fintech landscape with its cutting-edge platform, FOCAL as the company showcases its latest innovations at the 24 Fintech event in Riyadh
The report highlights that the sharp decrease in deal-making and exits over the past two years has largely plateaued in the early part of 2024
The exchange reported a trading volume of approximately 450.7 million ETF units across 19,853 transactions during this period
Environmentally and socially linked projects now represent 20 per cent of TAEF’s $5.3bn loan portfolio, up from 18 per cent last year
Experts believe that popular sports can teach us many valuable lessons that can be successfully applied to fields such as trading
While the timing of a full-throttle M&A market recovery is not entirely clear, dealmaking activity in the GCC gathered steam in H1 2024
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