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
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, 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
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
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
This substantial investment reflects GQG Partners’ confidence in both Alpha Dhabi and the ADX as a platform for high-quality, long-term investments
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
The MD of HDI Global’s Dubai office, van Wyk discusses the critical role of innovation and tailored solutions in enhancing resilience across industries
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
The company has been involved in various infrastructure projects in the GCC, including metro extensions, desalination plants, and cultural museums
The bank’s total assets surged to Dhs1.2tn, reflecting a 5 per cent growth over last year
The East African nation is seeking to diversify its sources of financing
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
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
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 will fast-track sustainability performance and financing especially in hard to abate sectors in Saudi Arabia and wider MENA region
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
The fund will undertake a phased transfer of certain existing Indian investments to its GIFT City subsidiary
Jamal Al Nassai, group managing director for Merchant Services at Network International shares his insights on the company’s strategic direction, innovative solutions for merchants, and the future of digital payments in the region
The company has now secured a total of $1.85bn in green financing since 2023, supporting its ongoing decarbonisation efforts and expansion of its low-carbon energy portfolio
According to CBUAE, the insurance sector’s growth was driven by increased policy activity, investment returns, and a rising demand for coverage in key areas such as property and employment
The finance and insurance sector registered a record 13.4 per cent growth in Q2 2024, contributing 7.4 per cent to the GDP
The credit facility is expected to provide ROSHN with the financial flexibility needed to pursue new opportunities and strengthen its position
In addition to loans, the platform offers a range of financial services, including invoice, POS and receivables financing, and insurance
These developments reflect a robust economic landscape in the UAE, characterised by a solid banking sector and increasing investor confidence
The tap was priced at $102.54, yielding 7.35 per cent, a 15 basis points tightening from initial pricing thoughts
Neopay, originally established as a strategic division within Mashreq, has expanded rapidly, becoming a key player in the UAE’s digital payments sector
The ministry’s efforts to strengthen the local currency bond market and diversify funding sources are crucial in fostering a stable financial landscape
This partnership supports Riyadh Air’s goal of becoming the world’s first fully digital airline as it prepares to expand to over 100 destinations by 2030
Catering primarily to the UAE’s large expatriate population, the SNPL feature offers financial flexibility, allowing users to send money abroad and pay in installments