The findings of RAKBANK’s index are based on responses from over 1,200 SMEs across the UAE, surveyed between October and December 2024
Nasdaq Dubai welcomed Mashreq’s (“Mashreq” or “the Bank”) debut listing on the exchange with the…
According to the report, over half of surveyed consumers reported an increase in insurance premiums, with more than 80 per cent expecting further hikes —particularly in the auto sector
As part of this evolution, Daman will adopt a new legal name: The National Insurance Company – Daman
With a capital base of Dhs30m, the category 1 SCA-licenced firm aims to empower traders with reliable technology and a client-first approach
The MENA deal markets remained resilient despite lack of clarity on two fronts: the impact of monetary policy on cost of capital and the ongoing tariff and trade discussion, said EY
The CRS and FATCA frameworks are part of international efforts to enhance tax transparency and combat global tax evasion
The decision applies to all employees and senior officials — including CEOs and those in higher executive positions — within entities falling under the authority’s jurisdiction
The co-head of Investment Banking at EFG Hermes shares the outlook for IPOs and other key investment trends across the region
Adjusted for foreign exchange effects, revenues grew 31 per cent YoY, underscoring strong operational momentum across its core businesses
The participating banks include First Abu Dhabi Bank (FAB), Emirates NBD, Abu Dhabi Commercial Bank (ADCB), Abu Dhabi Islamic Bank (ADIB), and Wio Bank
By supporting high-potential SMEs in line with the UAE’s diversification agenda, EGF aims to enhance industrial capacity, stimulate job creation, and contribute to the country’s economy
The transaction is expected to close in the first half of 2026, pending customary closing conditions and employee consultations
Based on revised offering size, it is seeking to raise up to Dh2.15bn ($585.45m), the company said
The final offer price was set at SAR 50 per share — the top of the previously announced price range — implying a market capitalisation of SAR2bn
The MoU supports innovation programmes and accelerators aimed at developing advanced, accessible, and efficient digital financial solutions
In 2024, Masdar also secured $6bn in non-recourse financing to develop more than 11 GW of clean energy capacity across 12 new projects in nine countries
CICC is positioning the new Dubai branch as a two-way investment banking gateway between China and the Gulf region
e&’s group CFO shares how strategic monetisation, bold reinvestment, and financial discipline are accelerating its evolution and expansion globally
Hassana, which manages more than SAR1.2tn ($320bn in assets, is one of the region’s largest institutional investors
The pipeline for 2025 remains promising with at least 21 companies have announced intentions to go public, the report stated
The agreement enables Botim, powered by PayBy, to issue Jaywan prepaid cards directly to its users via its app
The offer price range has been set between Dhs1.07 and Dhs1.10 per unit, implying a market capitalisation of between Dhs13.9bn and Dhs14.3bn
The question everyone’s asking: What does the future of digital asset custody look like?
The journey toward an AI-enabled future requires a commitment to ethical practices, robust risk management and a proactive approach to navigating the evolving regulatory landscape
The new global reinsurance platform to be headquartered in ADGM to serve global markets with focus on accelerating growth of insurance and capital markets ecosystem in Middle East and Asia
Mubadala’s deployed capital grew by 33.7 per cent in 2024 from the previous year to Dh119bn
The FTA clarified that this exemption applies only to the first tax period of the taxable person
The $1.5bn sukuk, issued on the International Securities Market of the London Stock Exchange, matures on May 6, 2035
New licensing categories offer greater flexibility for asset management, investment holding and regional oversight