#finance

Financial gap to meet SDGs in MEASA hits $5tn annually: NYUAD

Financial gap to meet SDGs in MEASA hits $5tn annually: NYUAD

With the financial gap to meet the SDGs continuing to grow, the report calls on institutional investors to rethink their strategies and seize the opportunity for transition investment in the MEASA region

UAE, Saudi Arabia lead M&A activity in MENA in 2024: EY

UAE, Saudi Arabia lead M&A activity in MENA in 2024: EY

The MENA region’s M&A landscape in 2024 highlights a growing appetite for cross-border transactions, sectoral diversification, and a shift towards sustainable, digital-first investments

Naser Taher on MultiBank Group's global strategy and future outlook

Naser Taher on MultiBank Group’s global strategy and future outlook

The founder and chairman of MultiBank Group explains how the group navigates regulatory challenges, employs technologies like AI and blockchain, and aligns its growth with Dubai’s financial vision

Join our fintech, finance and investment panel on November 27

Join our fintech, finance and investment panel on November 27

From digital transformation to innovative investment platforms, join industry leaders for insightful discussions at the upcoming panel event

FAB's EOSB funds secure initial approval from MOHRE, SCA

FAB’s EOSB funds secure initial approval from MOHRE, SCA

FAB’s EOSB Funds also simplify the administrative process for employers, enabling them to register through the bank’s EOSB online portal

Abu Dhabi Catalyst Partners, Investindustrial partner to drive regional growth

Abu Dhabi Catalyst Partners, Investindustrial partner to drive regional growth

The strategic partnership between ADCP and Investindustrial aligns with the UAE’s goals to foster innovation, attract foreign investment, and boost job creation within ADGM

Apollo, Mubadala extend multi-billion-dollar partnership

Apollo, Mubadala extend multi-billion-dollar partnership

This partnership is set to continue expanding and play a pivotal role in meeting the global demand for bespoke private debt and equity financing solutions

Comparing investment funds: MENA region versus the rest

Comparing investment funds: MENA region versus the rest

MENA funds have shown robust performance, particularly in the energy sector, driven by the region’s abundant natural resources

Digital wealth management: From exclusive to inclusive

Digital wealth management: From exclusive to inclusive

To seize the opportunity that digital wealth management presents, banks should first look for an engagement banking platform that can be layered on top of existing investments

Insights: The rise of banking-as-a-service (baaS) and its impact

Insights: The rise of banking-as-a-service and its impact

The future of BaaS in the GCC looks promising, driven by advancements in regulatory technologies (regtech), quantum computing and 5G/6G technology

Insights: How regtech can turbocharge economic transformation

Insights: How regtech can turbocharge economic transformation

By combining advanced digital tools, data analytics and automation, regtech streamlines processes, alerts against violations, creates reassurance, and can enhance operations

MENA IPO outlook remains positive in Q3 2024 despite global slowdown

MENA IPO outlook remains positive in Q3 despite global slowdown

The MENA IPO market is expected to close out 2024 on a high note, driven by government support for economic diversification and growing interest from regional and global investors in the MENA region’s dynamic opportunities

Insights: Careers with purpose in a world of change

Insights: Careers with purpose in a world of change

The right sort of education in banking and finance is going to become even more important for the GCC in a world of technology-driven automation and climate change, says the MD of MENA and Asia at The London Institute of Banking & Finance

UAE unveils National Investment Strategy Image DubaiMedia Office copy

UAE unveils National Investment Strategy 2031

The National Investment Strategy 2031 is more than a roadmap for FDI growth; it represents the UAE’s strategic intent to be a leader in emerging sectors and a magnet for top talent

Jamal Saleh - UBF DG on the potential of digital lending and financial inclusion

UAE Banking Federation’s Jamal Saleh on the potential of digital lending

Jamal Saleh, director general of the UAE Banks Federation (UBF), emphasises the need for a robust and inclusive digital lending ecosystem in the UAE to support economic growth and financial inclusion

ADGM reveals new brand -- path to forward image ADGM

Path to Forward: ADGM reveals its new brand

With more than 2,000 entities, including 231 financial services firms, ADGM remains the MENA region’s only financial centre applying English Common Law directly

VC investment in Q3 2024 image for illustrative purposes Getty Images

Americas dominates VC funding in Q3, as AI, defence-tech thrive

According to KPMG, VC investment and deals remained subdued in Q3, as many VC investors globally remained in a holding pattern given the current uncertainties still permeating the market

GQG Partners to invest $500m in Alpha Dhabi

GQG Partners to invest $500m in Alpha Dhabi

This substantial investment reflects GQG Partners’ confidence in both Alpha Dhabi and the ADX as a platform for high-quality, long-term investments

Bahrain (Image: Supplied by Qatar Airways)

Bahrain’s new domestic minimum top-up tax: What it means for multinationals

From investment impact to compliance obligations, FTI Consulting’s Nilesh Ashar explores how this tax positions Bahrain on the international tax landscape while offering strategic reliefs to boost the economy

HDI Global’s Willem van Wyk on transforming risk management

HDI Global’s Willem van Wyk on transforming risk management

The MD of HDI Global’s Dubai office, van Wyk discusses the critical role of innovation and tailored solutions in enhancing resilience across industries

UAE: Islamic treasury bonds attract Dhs7.20bn in bids at Oct auction

UAE: Islamic treasury bonds attract Dhs7.20bn in bids at auction

The Islamic T-sukuk issuance programme plays a pivotal role in enhancing the UAE’s financial markets by contributing to the development of a UAE dirham-denominated yield curve

ACCIONA secures green loan for GCC projects

ACCIONA secures EUR300m green loan to support GCC projects

The company has been involved in various infrastructure projects in the GCC, including metro extensions, desalination plants, and cultural museums

FAB announces robust results for Jan-sept 2024

Abu Dhabi: FAB reports Dhs12.9bn in net profit for Jan-Sept ’24

The bank’s total assets surged to Dhs1.2tn, reflecting a 5 per cent growth over last year

Kenya in talks for a $1.5bn commercial loan with UAE

The East African nation is seeking to diversify its sources of financing

Hoxton Wealth's Chris Ball

Hoxton Wealth’s Chris Ball on the company’s rebranding and ambitious goals

From pivoting its business model to embracing technology in wealth management, Hoxton Wealth has set a strong foundation for the future, says its founder and managing partner

Dubai Islamic Bank issues $500m AT1 sukuk at 5.25% profit rate

DIB issues $500m AT1 sukuk at 5.25% profit rate

The proceeds from the sukuk will be used to strengthen the bank’s Tier 1 capital base, which supports its lending activities and future growth strategies

Saudi's Cenomi Centers, GIB Capital unveil SAR1bn real estate fund

Saudi’s Cenomi Centers, GIB Capital unveil SAR1bn real estate fund

The fund aims to accelerate development in the Qassim region, including the facilitation of a land sale programme and development of the U Walk Qassim Mall

Rawabi Holding and World Wide Generation

Rawabi Holding, World Wide Generation new JV to drive sustainability

Rawabi will fast-track sustainability performance and financing especially in hard to abate sectors in Saudi Arabia and wider MENA region

Abu Dhabi tops global ranking of cities managing SWF capital

Abu Dhabi tops global ranking of cities managing SWF capital

Abu Dhabi’s dominance in the SWF sector is not only due to its sheer capital but also its strategic investments and diversification across industries

ADIA starts operations in India’s GIFT City office

Abu Dhabi fund ADIA boosts global presence with GIFT City office

The fund will undertake a phased transfer of certain existing Indian investments to its GIFT City subsidiary