#finance
Aberdeen and Investcorp announced the fund two years ago with a view to channel investment into the Middle East’s health care, education and utilities industries
This was the second USD transaction issued under EDB’s $3bn Euro Medium Term Note programme
Emirates NBD the largest financial services bond issuer on Nasdaq Dubai through seven listings with a total value of $5.1bn
Tech growth stocks continue to offer opportunities for investors due to their strong future potential, states entrepreneur and investor Shailesh Dash
Founded in November 2014, the company with operations in several countries including the UAE and Saudi Arabia is now valued at $2.1bn
The exchange’s market capitalisation increased 27 per cent during the first quarter of 2021 to Dhs940bn
CBD can offer up to Dhs10m financing to an SME, and 50 per cent of the facility amount will be either guaranteed or co-lent by EDB
Established in 2006, ESG is present in 12 markets and had assets of Dhs537m as of the end of Q1 2021
The central bank’s foreign assets increased 0.4 per cent year-on-year
Bitcoin is about $25,000 shy of its mid-April record of almost $65,000
Hatch & Boost is an Abu Dhabi-based venture builder dedicated to hatching startup ideas and boosting them into scalable ventures in the Middle East
The fuel retailer will now be among nine UAE-listed companies to be part of the index
They will be listed on the exchange’s Second Market in Q2 2021
The platform is expected to help Mashreq respond more efficiently to the funding needs of local businesses and address capital diversification too
Net proceeds from the sale of the notes will be used to repay outstanding debt
Emirates NBD Capital led 24 transactions in Q1 2021 raising over $18bn
Operating expenses of Dhs1.061bn decreased 20 per cent year-on-year and 1 per cent sequentially
With the region improving its status as a global trade hub, it is attracting more and more cross-border deals with countries such as the US, according to investment firm J&A
CoinMENA is a fully-regulated, onshore, and Sharia-compliant crypto assets exchange
DIB is the leading UAE-based sukuk issuer by value on Nasdaq Dubai with a total value of $6.3bn listed on the exchange
Net profit for the three months ended March 31, 2021, amounted to Dhs164.2m, compared to Dhs153.7m for the corresponding period last year
As economies remain volatile, investing smartly can help anyone achieve financial freedom, according to AIX Investment Group
Tristar’s IPO was slated to be the second listing in three years on the Dubai Financial Market
UAE-based Finance House’s ‘Rabeh Business’ suite of products aim to support small businesses via a wide range of offerings
Emirates will offer discounted fares for attendees of the Sharjah Entrepreneurship Festival and to startups relocating to the UAE through Sheraa’s initiatives
Over 6,000 new member companies joined Dubai Chamber in the first three months of 2021
The total value of the bank’s sukuk listed on Nasdaq Dubai stands at $17.14bn
The company plans to offer up to 24 per cent of its shares in the IPO
The government has OMR1.83bn left to raise after so far borrowing OMR1.77bn and withdrawing OMR600m from the Oman Investment Authority
Oracle survey says 67 per cent of people would prefer robots manage their corporate and personal finances