The total value of the Kuwaiti bank’s sukuk on the exchange stands at $898m
Dubai Bank, acquired from Emirates NBD, will be relaunched as Zand
The UAE has intensified its push to adopt the use of blockchain in recent years
IDC, a radiology and pathology diagnostics service provider in Pakistan, provides imaging and lab services across a national network of over 80 branches in 30 cities
DWTC will be designing a comprehensive ecosystem for this sector within Dubai
The company plans to sell just over two million shares to raise about SAR1.8bn.
Prudential relief measures regarding banks’ capital buffers and liquidity and stable funding requirements will be extended by six months
Invesco’s client-centric approach has enabled its EMEA business to grow in assets under management
Raheel Ahmed succeeds Peter England, who will retire after leading the bank for over eight years
The number of shares and proposed price range for an IPO haven’t been determined
2022 will build on the roots of opportunities created in 2021
The board also endorsed the criteria that govern banks’ loan exposure to the real estate sector
The Public Investment Fund offered 120 million shares in Saudi Telecom at SAR100 each
The government said last month it wants to sell shares in 10 companies, and it has been encouraging private and family-owned businesses to follow suit
Standard Chartered recently announced its Q3 results which demonstrated a return to top-line growth
The group had assets of Dhs8.16bn and 3,240 employees as at end of September 2021
The swings in cryptocurrencies come amid a volatile period for financial markets
Bitcoin’s gains for the year remain impressive
Spread across seven states, the medical offices portfolio consists of 11 assets and 400,000 square feet of space
A recent report advices banks to quickly redesign their respective diversification strategies to remain relevant in the future
The imposition of travel restrictions will shake consumer and corporate confidence
The group will list on ADX’s main market on December 5
The newly formed Khalifa University Enterprises Company will act as the business and investment arm of the university
Tadawul set the price at SAR105 per share after an institutional book-building process
The Saudi economy, the biggest in the Middle East, is growing at its fastest pace in almost a decade
The financial package was made available to companies across five sectors – industry, technology, healthcare, food security and infrastructure
Shuaa restructured the company at the start of this year by completing a Dhs1.13bn debt buyout
The awards lauded luminaries from across the region’s business ecosystem
FAB will offer both RMB and foreign currency business onshore in China through its new branch in Shanghai
It will work across three key business areas: global sukuk, remittance, and trade finance