Upon listing, Alpha Data’s market capitalisation stood at approximately Dhs1.5bn, reinforcing its strong position in the UAE’s technology sector
Families can also access tailored financial products such as instalment plans and lending solutions, making it easier to manage expenses and plan for the future
Rising costs, intensified competition for deals, and mounting pressure on management fees are creating a more challenging operating environment, shows the latest Bain & Company’s report
Derayah’s listing aligns with Saudi Arabia’s broader efforts to deepen its capital markets as part of the Financial Sector Development Program under Vision 2030
Saxo Bank will continue to operate as a standalone entity, with its founder and CEO, Kim Fournais, retaining his leadership role and a 28 per cent stake
The VP of Comera Financial Holding shares insights on how Comera is shaping the future of digital connectivity and why localisation remains key to meeting the region’s unique needs
The sukuk was issued under the sukuk programme by RAK Capital, a special purpose vehicle affiliated with the government of Ras Al Khaimah
The Head of Global NRI at Julius Baer discusses the key trends shaping wealth management for non-resident Indians, Dubai’s attractiveness for high-net-worth individuals, and the evolving needs of the next generation of investors
The financial services provider, which forms part of the UAE’s Gargash Group, will receive up to $400m through a revolving facility
The UK-incorporated platform will invest in venture capital (VC) stage companies developing physical and digital decarbonisation technologies
Strong investor demand allowed The Arab Energy Fund to increase the issuance from an initial $500m to $650m, with final book orders exceeding $935m
The funds are managed by FAB Asset Management, one of the largest MENA-focused asset managers with over 20 years of regional expertise
The SCA has announced a series of financial penalties against those companies since the beginning of January
With a modernised trading system, expanded product offerings, and advanced technology infrastructure, ADX Group is poised to become a central player in the global financial marketplace
The new Saudi Riyal symbol is inspired by Arabic calligraphy and aligns with the kingdom’s Vision 2030
The completion of the offering and the listing of Alpha Data shares on ADX is subject to market conditions and obtaining all necessary regulatory approvals
Customers can send up to Dhs150,000 per transaction and Dhs450,000 monthly
This pricing reflects an implied market capitalisation of SAR1.5bn (approximately $400m) at listing
DIFC is set to open a new Funds Centre in 2025, offering dedicated space for investment managers to raise capital and expand their operations
The forum included four key panel discussions covering budget preparation, the integration of modern technologies in financial planning, public-private partnerships, and international tax policies
A hybrid model where AI supports but does not replace human expertise seems to be preferable, especially in the complex world of finance where every decision carries weight
ADQ and IFC will explore co-investment opportunities, leveraging IFC’s capital mobilisation expertise and ADQ’s infrastructure and supply chain capabilities
Since its last funding round in October 2023, Tabby has nearly doubled its annualised transaction volume to over $10bn while maintaining profitability
Mashreq’s seasoned in-country teams combine deep local expertise with global capabilities to deliver sophisticated corporate and investment banking solutions
The MENA markets saw 25 IPOs during Q4 2024, raising $7.9bn in proceeds, the report shared
Digital-first solutions and advanced technologies are quickly becoming the norm, meeting the evolving needs of modern traders
The Capital Market Authority (CMA) in Saudi Arabia has initiated a public consultation regarding proposed changes
India’s benchmark 10-year bond yield was up five basis points at 6.70 per cent after the announcement
FAB’s capital and liquidity positions remained strong, with a common equity tier 1 (CET1) ratio of 13.7 per cent and a liquidity coverage ratio (LCR) of 142 per cent
Technology disruption, post-globalisation and shifting profit pools will drive dealmaking in the year ahead as interest rates and regulatory challenges are likely to recede, revealed the Bain & Company report