Gross new financing and sukuk investments saw a significant increase of Dhs33bn during the period
The lender recorded year-on-year growth of 97.5 per cent to close the six month period at a net profit of Dhs150.5m
Equities and investment funds, the largest asset class of total personal wealth at 64 per cent in 2021, are expected to grow the fastest in 2026 with a CAGR of 8.8 per cent
Abu Dhabi Fund for Development’s total allocation of funds for development projects across the world amount to Dhs117.42bn
Inspections conducted in the first half of 2022 increased by 104 per cent compared to 4,878 conducted in 2021
Key findings of the latest Invesco Global Sovereign Asset Management Study based on the views of 139 chief investment officers, heads of asset classes and senior portfolio strategists
The partnership, formed as part of ADIO’s Dhs2bn Innovation Programme, aims to increase investment opportunities in the region
The total number of insurance policies issued increased year-on-year by 10.4 per cent in Q1 2022 to 2.3 million
The bank reported growth of 8 per cent year-to-date in customer deposits, reaching Dhs109.3bn
The bank’s revenue for the first half of the current year improved by 7 per cent to Dhs2.8bn compared to Dhs2.6bn last year
According to the ‘H1 2022 Saudi Arabia Venture Capital Report,’ this figure surpassed the total amount deployed in 2021
The association aims to create an inclusive environment for asset owners, asset managers, service firms and others to network, collaborate and learn from each other
Wizz Financial will rebrand UAE Exchange UK, as it focuses on aligning all its offerings across the US, UK, UAE and India
US-based Lord Abbett joins more than 250 leading wealth and asset managers at DIFC
The uncertainty seen globally calls for a much more selective investment approach and careful management of downside risks through proper diversification and suitable hedges in the months ahead
The index will track the performance of companies listed as Shariah-compliant on the Saudi stock exchange
Kraken was the first global exchange to have received a full license to operate a regulated virtual asset exchange platform in the Abu Dhabi Global Market
The Buna platform offers stringent levels of governance and transparency through increased oversight from central banks as well as effective reporting and compliance mechanisms
Since its inception in 2017, a total of 130 companies have applied to enter the ITL programme, with 67 applicants being accepted so far
The agreements were signed with the Electricity and Water Authority in Bahrain
The transaction, upon completion, will see UAE-based Agthia owning 60 per cent of Egypt’s Auf Group
GFH Financial Group’s investment strategy in the student housing sector is focused on building a diversified portfolio that comprises top universities in the US
The potential combination would create the Gulf’s seventh-largest lender with $115bn in assets
Tabadul will enable investors to trade directly on both exchanges through licensed brokers across the two markets
Copper fell 1.1 per cent to $7,589 a ton on the London Metal Exchange as of 11.03am in Shanghai, dipping below the $7,597 intraday low on Tuesday
The company plans to complete its Series A by the end of the year
A total of 625,000,000 shares, equivalent to 12.5 per cent of Tecom Group’s issued share capital, were issued
Zand is now authorised and regulated to operate as a fully independent commercial bank
Assets under management for crypto investment products in June reached a record low
The merged company started trading on the Dubai Financial Market from July 4