The bank’s profit before tax grew by 15 per cent year-on-year to Dhs10bn
Trade analysts have rated Tesla’s stock a “hold” with a median price target of $212.50
This multi-year agreement with Hamilton represents a significant milestone for CFI, aligning it with one of the biggest names in motorsport
Several banks in the region are reportedly considering acquisitions in Turkiye, Egypt, and India to diversify business models and enhance profitability
Findings from Edelman Smithfield’s UAE Investor Pulse Survey 2024, show that 67 per cent of respondents agreed that having two distinct exchanges benefits the UAE capital markets
The PIF has a sprawling portfolio of investments ranging from date farms to multinational conglomerates
In its Q2 2024 financial results, ADCB reported significant growth driven by increased net interest and non-interest income
Investor demand was strong, with the order book peaking at $4.6bn, representing an oversubscription rate of 4.6 times
During Asian trading hours, LSEG said its news services were experiencing a global technical issue that prevented news from being published on its platform
Over the next six to 12 months, Citi expects gold to rise $2,700-$3,000 per ounce and silver to climb $38 per ounce
GII, with over $4.5bn in assets under management, marks this investment as the second collaboration with Brookfield this year
St. James’s Place’s (SJP) head of Asia and Middle East Investment Advisory offers a strategic perspective on investments, the importance of diversification and the firm’s foray into Dubai
Under the deal, the CBUAE and NBE will also collaborate on payment platform services and electronic switches
Amongst the most held stocks, Q2 saw a significant shift in the rankings, with NVIDIA rising to become the second-most popular stock on the eToro platform, behind only Tesla
The agreement aims to provide a slew of benefits tailored for global companies seeking to relocate to the kingdom
Empowering teenagers with the skills and knowledge of personal finance can contribute to a more financially secure future
Private credit lenders have recently seen revived competition for financing from banks, which are the traditional lenders for leveraged buyouts
The UAE’s biggest lender by assets categorically denied that it is evaluating any possible offer for a stake in Yes Bank
Entities within the centre are required to implement proportionate arrangements to support effective whistleblowing by May 31, 2025
The new listings bring the Southeast Asia nation’s total value of issuances listed on the exchange to $24.1bn
Enhancing the investment acumen of the next generation will serve a grander purpose – it will support the stability and sustainability of the region’s capital markets
The government sold a 0.64 per cent stake in Aramco last month, with an additional 154 million shares available for stabilising manager Merrill Lynch
Five out of six billion-dollar funding rounds went to AI companies, Crunchbase data showed
Regular saving, prudent spending, and smart investing not only boost your retirement fund but also enhance your overall financial health
GCC companies and governments have rushed to tap debt markets since the start of the year to take advantage of recent falls in global interest rate
The banking group had QAR1.3tn in total assets in the six months ending June 30, a 5 per cent increase compared to the same period a year ago
The ETF offers investors access to a diversified portfolio of Shariah-compliant corporate and government sukuks across several global markets
Lunate has become the first Abu Dhabi-based fund manager and administrator of the UAE’s voluntary alternative EoSB scheme through the newly licensed Lunate EoSB Fund
Saudi Re plans to raise its capital by SAR267.3m ($71m) through this strategic subscription agreement with the kingdom’s sovereign fund
The fund sold a $1.25bn five-year portion at 80 basis points (bps) over US Treasuries and another $1.25bn 10-year tranche at 90 bps over the same benchmark