GIP is the world’s largest independent infrastructure manager with more than $100bn in AUM and a strong reputation for driving operational improvements in its portfolio companies
The company will offer six million shares, or 30 per cent of its issued share capital, on the Saudi Exchange
The banking group had QAR1.23tn in total assets at the end of December, a 4 per cent increase, driven by growth in loans and advances
The order book for First Abu Dhabi Bank’s sukuk, which was 1.9 times oversubscribed, represented leading investors, including international fund managers, banks and supranationals
The Sultanate plans to issue sustainable finance instruments whose proceeds will be used to fund and re-finance renewable energy projects
The all-in-one digital platform aims to significantly reduce the cost of doing business for SMES by providing them with a wide range of exclusive offers and discounts
The regulator approved 11 applications, including from BlackRock, despite warnings from some officials and investor advocates that the products carried risks
As financial services become more sophisticated, so do the fraudulent techniques used by scammers. But this is where tokenisation can make a difference
The kingdom’s venture capital market was boosted by the government’s focus on innovation, a dedicated unicorn project, and investments from sovereign funds
The listings include Mubadala’s debut green bond and the fund’s inaugural dirham-denominated bond
Saudi Arabia has successfully sold $3.25bn, $4bn and $4.75bn bonds in tenors of six, 10 and 30 years for domestic budgetary purposes
The invitation-only event will provide attendees with insightful content sessions, interactive roundtables and integrated networking activities
The new management team has been brought on from Modon Properties as the group undergoes a restructuring since August last year
The launch of the real-time index advances the Saudi Exchange’s goal to provide investors with enhanced benchmark opportunities to help support Saudi Vision 2030’s Financial Sector Development Program
The SLL’s framework incentivises Bahrain Steel to exceed mandatory greenhouse gas emissions reductions, facilitating the company’s transition toward lower carbon operations
Al Mazrouei also serves on the boards of Abu Dhabi Retirement Pensions & Benefit Fund and AafaQ Islamic Finance
The pharmaceutical firm said the final offer price will be determined following a January 14-18 book-building period
GCC banks’ financial performance remains resilient while they capture and benefit from the growth opportunities arising on the back of the long-term National Vision
Adani currently ranks 12 among the world’s richest
The fund said the investment will enable MEPCO to expand its production, raise its operational efficiency, and support environmental sustainability
The extension of this agreement is aimed at advancing the goals of the Vision 2030 Housing Program
Here is a practical and step by step saving strategy designed to empower individuals on their journey to financial success
The GCC region has been named the “region of the year” when it comes to sovereign wealth funds, according to Global SWF
Big-ticket purchases included $4.9bn for US gaming company Scopely, $3.6bn to buy Standard Chartered’s aircraft leasing division and $3.3bn for steelmaker Hadeed
A major uptick in investor accounts have been recorded on the Dubai Financial Market (DFM), helped by interest in the Dubai Taxi IPO
BNPL fintech firms can provide short-term credit services upon being licenced by the central bank as restricted licence finance companies
The GCC region has proven to be one of the most kinetic deal markets in the world in 2023, with dealmakers expected to remain relatively active in the near future
The growth in outstanding sukuk is attributed to several factors that are driving the issuance of Islamic bonds including issuers that seek to plug budget deficits
Hear from an expert on the UAE’s newly implemented end-of-service benefits scheme
The central bank said cash deposits during the first ten months of 2023 soared by 8.12 per cent or Dhs51.6bn