The investment framework deal was signed with the Abu Dhabi Growth Fund
Surging innovation is already driving competition, both private and public, to upgrade a financial system that can certainly stand some improvement
The derivatives market is using the marketplace technology delivered by Nasdaq
The offering could value it at between $3bn and $4bn
The company, armed with $1.85bn in capital, has the resources to make purchases both in its home market and around the UAE
The new board will be headed by Helal Al Marri
Abraaj, which was one of the biggest private equity firms in the MENA region, went into liquidation in 2019
The utility has projects valued at around Dhs86bn that are planned to be commissioned in the next five years
The goal is to grow the portfolio to as much as $2bn in gross asset value across the top 25 US industrial markets
The move is part of accelerating new listings in various sectors
The scope for criminalisation of returned cheques due to insufficient funds has been narrowed and confined to cases of bad faith and other cheque crimes
The lender reported third-quarter net income fell 7.7 per cent from a year ago to Dhs492.9m
Governments can use sovereign asset liability management as a financial tool to manage public sector balance sheet risks
The kingdom aims to create more than 20,000 jobs annually for citizens by 2024
Oil revenue was about SAR148bn, an increase of 60 per cent from the same period last year
The company is working on expanding its operations
Arqaam Capital is acting as receiving agent with respect to the offer
Silver’s other role as a key commodity in solar panels and electronics is likely to buoy prices over the longer term
Established in 1969, Olayan Financing controls the billionaire family’s investments in the Middle East
The listing is the third biggest on a US exchange this year
The licenses were issued at the 5th edition of the Future Investment Initiative
IsDB is now the largest supranational sukuk issuer on Nasdaq Dubai with a total value of $18.8bn through 13 issuances listed on the exchange since 2016
Operating income growth of 2.1 per cent was recorded for the nine month period ended September 30, 2021
The company will be valued at $5.8bn and the stock will start trading in Abu Dhabi on October 27
Interest in the technology industry in the Middle East has increased the past few years
The bank reported a nine-month total income of Dhs17.3bn as compared to Dhs18.3bn in the previous year
ADNOC and OCI are offering 13.8 per cent of Fertiglobe in the IPO
More than 150 new companies joined in5 since 2020, bringing the total number of startups supported by the incubator to 500
The MoU was signed during the opening day of the Future Blockchain Summit at GITEX Global 2021
The programme operated by the Dubai Technology Entrepreneur Campus will offer services worth over Dhs550,000